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Tutorial on buying Ethereum coins for beginners
Home web3.0 Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

Jan 26, 2024 pm 01:09 PM
Ethereum How to buy Ethereum Ethereum purchase

php editor Yuzai brings you a novice tutorial on purchasing Ethereum. As a cryptocurrency, Ethereum has gradually become popular in recent years and attracted the attention of many investors. But for first-timers, buying Ethereum can be confusing. This tutorial will give you a detailed introduction to how to buy Ethereum, helping you easily get started in the world of cryptocurrency. Whether you want to invest or use Ethereum, this tutorial will provide you with the necessary guidance to buy Ethereum safely and conveniently. Next, let’s learn about the steps to buy Ethereum!

Tutorial on buying Ethereum coins for beginners

Taking the purchase of ETH on the OKX exchange as an example, we will introduce the detailed process of purchasing Ethereum coins to investors.

1. Open the official website of OKX Exchange, click the [Register] button on the upper right side of the page to enter the registration page, and enter your email address on the homepage.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

#2. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

3. Then enter the mobile phone number and click "Verify Now"

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

4. Enter the six-digit number received on the mobile phone The verification code is valid for 10 minutes.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

5. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy. Statement

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

6. Create a password that must be 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol, such as: ! @ # $ % and other conditions

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

7. Verify your identity (KYC verification) before you can trade, click [Personal Center] in the upper right corner of the homepage - [Identity Verification] Enter the identity authentication page and follow the page prompts to complete LV.1 basic authentication, LV.2 advanced authentication and LV.3 video authentication.

Notes:

(1) The higher the certification level, the easier it is to match better merchants and more favorable prices when conducting legal currency transactions.

(2) The official website cannot perform LV.3 video certification. Please download the Ouyi APP to complete the certification.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

#8. After completing the above process, you can trade, click [Discover]--[Opportunity] to enter the market page.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

9. After entering [Quotes], you can see the following page, and then click [Transaction] to enter the buying and selling transaction page.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

10. Select the ETH/USDT trading pair to buy coins.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

#11. Enter the corresponding price to buy coins. The steps for selling Ethereum are also the same as above. Note: The minimum transaction quantity of ETH is 0.001ETH

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

as shown in the figure: Then you can choose limit/market transactions according to your needs. The so-called limit transaction is a pending order transaction. You can set the buying/selling price yourself, and the transaction can be completed when the market price fluctuates to the price you set. When the selling order price is lower than the current market price, the transaction will be executed at the market price; when the buying order price is higher than the current market price, the transaction will be executed at the market price.

The so-called market price transaction means that you do not set a buying price, but buy or sell according to the current market price. You only need to enter the total amount you want to buy or the total amount you want to sell.

Tips for buying Ethereum coins:

1. Read more

The "seeing" mentioned here is not only reading books on investment, but also market analysis by platform teachers or other investment experts. Look at other people's operations. In the "seeing", synthesize and select the essence. Used by oneself. For novices, Domain Kingdom analysts communicate with them based on real offers, making it easier to understand.

Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum

2. Listen more

As the saying goes, eyes see in all directions and ears listen in all directions. In addition to seeing more, you must also listen more. What should you listen to? Listen to other people's explanations of the market and technology, and listen to other people's opinions on your current problems. Although "good advice may be unpleasant to your ears", it is beneficial to your actions, and you will make progress only if you are willing to listen.

3. Learn more

Others’ analysis methods, investment strategies and plans, investment mentality, etc. are all worth learning. An excellent investor integrates the advantages of hundreds of companies and turns them into his own advantages.

4. Do more

Practice brings out the truth. All investment experience and skills are accumulated from practice. Don't think that you are great just because you have learned other people's theories. Only by doing more and practicing more can you truly digest and understand the true meaning.

5. Think more

You must not be lazy when investing, especially when you are too lazy to use your brain! People who are lazy and lazy can never become investment experts. The money in the market is made by those who work hard with their hands and brains.

Through the above introduction, I believe everyone has an understanding of the tutorial on buying Ethereum coins. In fact, the process of buying Ethereum coins is the same as that of buying Bitcoin, except that the currency selected when purchasing is different. Here is the editor Investors are reminded that before purchasing any currency, they must have a certain understanding of the currency, read more and learn more, and do not blindly buy currencies recommended by strangers. If you want to know more about Ethereum currency, you can Pay attention, the editor will continue to update Ethereum currency-related reports in the future!

The above is the detailed content of Ethereum Buying Guide: A Tutorial for Beginners to Buy Ethereum. For more information, please follow other related articles on the PHP Chinese website!

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