Ethereum is the second-largest digital asset in rankings after Bitcoin. It is a crypto coin and a platform where developers can build and deploy their products, such as NFTs, blockchain games, DeFi products, smart contracts, etc. Recently, Ethereum moved to the Proof-of-Stake mechanism, which helped it solve crucial troubles:
- Reduced throughput
- Slow speed of transactions
- Higher fees
Besides, now ETH coins can be staked. Unlike mining, staking is the way to receive crypto assets without buying expensive equipment and carrying out its maintenance. If you have some ETH coins, you can hold them on the network locked and receive additional coins in return.
Since Ethereum is a well-known asset, you can buy cryptocurrency on any crypto exchange. However, not all platforms allow for conversion with fiat currencies, for example, ETH to EUR. Let’s see where it is possible to purchase Ethereum with euro or any other fiat currency.
CEX are centralized crypto platforms that have the following advantages:
- High level of client safety
- Considerable liquidity
- Ability to lend funds to users
- Advanced trading methods, such as futures and margin
- A wide range of trading pairs
- Options to buy cryptocurrency with fiat.
One such exchange is WhiteBIT. It is the largest platform for trading and investment in Europe, with over 2 million registered clients, operating in over 100 countries worldwide.
The exchange offers simple and advanced trading tools, a convenient interface that can be configured, low fees, and supports several fiat currencies, allowing for ETH EUR conversation with a further funds transfer to a bank card. WhiteBIT offers up-to-date ETH price and charts to track the assets rate.
To access all the platform’s features, you got to register an account and verify it. It takes just a couple of days. Clients of Monobank have zero fees for transferring fiat currencies to an exchange account.