Purchasing Ethereum is a sound way for people to develop their cryptocurrency investment strategies. Those living in Canada have safe options that allow them to make cryptocurrency purchases with ease. With this guide, Canadians will be given all the information they need to make a sound cryptocurrency purchase without stress. 

Ethereum Is Gaining Popularity

Cryptocurrency is a hot topic right now, and people all over the world are researching their options. Ethereum is a type of cryptocurrency that has its own unique platform. Since its release in 2015, it has gained wide respect, becoming the second-most-popular cryptocurrency in the world. Those who want to purchase this cryptocurrency need to learn about Coinbrary

Criteria for Choosing a Cryptocurrency Exchange

There are several factors to consider when choosing a cryptocurrency exchange. The following are some of the criteria individuals should carefully consider before choosing. 

·        Security

·        Transparency

·        Legalities

·        Technology

·        Liquidity

·        Fees

By learning as much as possible about their options and looking for a cryptocurrency that will offer all the above, individuals will feel much more confident making a cryptocurrency purchase no matter the type of coins they are seeking. The following offers further information. 

Four Safe Methods for Purchasing Ethereum in Canada

Canadians, just like people all over the world, want to purchase a variety of cryptocurrencies. Ethereum is one of the best and safest. It is important that individuals learn as much as possible about their purchasing options so they can make wise decisions. The following are four safe methods Canadians can use to purchase Ethereum. With the right cryptocurrency exchanges, individuals will feel safe making their purchases. 

1. CoinSmart

CoinSmart is a Canadian cryptocurrency exchange headquartered in Toronto. This exchange proudly offers 15 types of Ethereum for Canadians to purchase. Individuals can fund their purchases with bank drafts and wires, credit and debit cards, and other cryptocurrencies. 

2. Wealthsimple Crypto

Wealthsimple Crypto is another Canadian cryptocurrency exchange. This app is hosted by the same platform where individuals can purchase and sell EFTs and stocks. Wealthsimple Crypto offers a variety of types of cryptocurrencies, including Ethereum. Account funding can be accomplished with ETF and cryptocurrency deposits only. 

3. NDAX

NDAX, The National Digital Asset Exchange, allows Canadians to instantly purchase several types of cryptocurrency, including Ethereum. Individuals who want to fund their accounts can use Interac e-Transfers, bank drafts, cryptocurrencies, and wire transfers. 

4. Bitbuy

Bitbuy is another digital currency exchange platform that is based in Toronto, Canada. They offer a wide array of cryptocurrencies, including Ethereum. When funding their accounts, users are only allowed to use bank wires and Interac e-Transfers. 

Research Is Key

The above are all sound choices for purchasing Ethereum and other forms of cryptocurrency. Before choosing any cryptocurrency exchange, individuals need to perform careful research and learn as much as possible about their options so they can make the right choice for their investment needs. 

Discover More Information Today

Now is the time to discover the options available for purchasing Ethereum. No matter which of the above options a person chooses, they should be sure to read the terms and conditions and understand the process in its entirety. With the acceptance of cryptocurrency booming like never before, now is a prime time for individuals to get in on the action. Right now, Ethereum is second only to Bitcoin and continues to surpass predictions. It will be interesting to see how far it rises in popularity over the coming years.