Buy Ethereum (ETH) in India at ₹2,67,198

Live ETH/INR Price

₹2,67,198

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3.89%

Price Changes

₹10,394

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3.89%

24h Low

₹2,65,666

24h High

₹2,80,500

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Reasons to Buy Ethereum (ETH)

• Second Largest Crypto by Market Cap.

• Unlike Bitcoin, Ethereum is more than a digital currency; it is a platform for developers to build decentralized applications

• Since 2015, Ethereum has grown over 500% in 5 years

• It can process up to 30 transactions per second

• The expected launch completion of Ethereum 2.0 by the end of 2021 will boost its transaction speed by 1,00,000 transactions per second while also reducing the cost. Ethereum 2.0 is an upgrade of the existing network, rolling out in a phase-wise manner.

What is Ethereum (ETH)?

Launched in 2015, Ethereum is the second-largest crypto by market capitalization. 

It was the first-ever crypto to introduce Smart Contracts and enable developers to build decentralized applications on its network. All other cryptocurrencies that came before Ethereum were focused only on decentralizing payments; however, Ethereum originated with the idea to take things to the next level; it aims to decentralize everything on the internet – Social Media, Gaming, etc.

To date, over 3000 applications are running on Ethereum.

Things to consider before buying Ethereum (ETH)

• It’s the second-gen blockchain technology, an upgraded version of Bitcoin, Litecoin, etc

• It develops on Bitcoin’s shortcomings by processing faster and cheaper transactions

• Ethereum has an unlimited supply of Ether tokens, with 18M tokens being mined every year.

• Over 3000 applications run on Ethereum.

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Price Statistics

ETH Price Today

ETH Price

₹2,67,198

Price Change 24h

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3.89%

Price Change 7d

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3.36%

Market Rank

#2

Market Cap

₹32,32,753 Cr.

Trade Vol 24h

1,71,815 Cr

Circulating Supply

12 Cr. ETH

Trading Activity

65% Buy35% Sell

FAQ's

1. How Can I Buy Ethereum In India?

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CoinSwitch App is the simplest way to buy Ethereum in India. Sign up now and start investing with ₹100

2. Can I Buy Ethereum Directly?

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To buy Ethereum directly, you can engage in P2P (Peer to Peer) trade. If there’s somebody you know who already has Ethereum, you can buy directly from them, OR You can use decentralized exchanges to connect with a seller and buy Ethereum from them. However, these ways might be better suited to pro traders because, for P2P trades, you should have a trustworthy seller, and decentralized exchanges have a very tricky functioning.

If you are new to crypto, you might want to take the simplified route and Download the CoinSwitch App!

3. How to Buy Ethereum?

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Buying cryptos is very straightforward; If you don’t already have an account with a cryptocurrency exchange, you can create a KYC’ed account in less than 5 minutes on the CoinSwitch App.

Once you have your account set up, you can deposit money from your bank account to your CoinSwitch Wallet and start buying Ethereum in just a few clicks.

4. How to Buy Ethereum?

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You can buy Ethereum in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Ethereum.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Ethereum for, say ₹100, and click on the ‘Preview Buy’ button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Ethereum!

5. What Price To Buy Ethereum?

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There’s no answer to at which price you should buy a crypto because most of the cryptos are still evolving, and you may become more higher value over the next few years, and then you will regret not buying it at the earlier price.

Instead, you can invest small amounts periodically and balance the opportunity and risk. Start investing in Ethereum for as low as ₹100

6. What Time To Buy Ethereum?

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Again, there’s no best time to invest in assets because if you are waiting for that golden moment to come where you will get everything for cheap, you are losing out on the opportunity of Starting Now that’s already in your hands.

So just begin and start investing small amounts periodically; however, you can optimize on opportunities like dips where you can invest a lump sum in the asset at an undervalued price.

7. What App To Buy Ethereum?

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CoinSwitch App could be the easiest and most trusted way to buy and sell cryptos, with more than 6M+ people trading on the platform. You can create an account on the CoinSwitch App and buy Ethereum in under 5 minutes.

8. What Platform To Buy Ethereum?

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Buying Ethereum can either be the most complicated and tiresome job or as easy as ordering food; what you experience depends on who you choose.

Most crypto apps that we have around are too complex and cluttered and can make buying crypto a pain; however, the CoinSwitch App takes away all the intricacies of buying cryptos allowing you to buy cryptos with ease.

9. How Much Does It Cost To Buy Ethereum?

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Though the value of one Ethereum may be over ₹1,40,000, you can acquire a portion of it for a minimum of ₹100.

Alternatively, if you are talking about the platform charges to buy Ethereum, every exchange has a different fee structure ranging anywhere from 0.2% – 0.5%, but if you are on CoinSwitch, Congratulations! We do not charge you any fees for depositing and withdrawing INR, i:e you can buy Ethereum without any extra fees.

10. Is It Good To Buy Ethereum?

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Ethereum kicked off with a very firm fundamental of taking blockchain to the next level, and considering its market cap; it has successfully managed to uphold people’s interest and trust in itself. Consequently, the 5-year returns (2015- 2020) of it is also exceptional, with a gain of 500%.

As a crypto, Ethereum is a promising investment; however, whether it is a good choice for your portfolio depends on multiple factors like your risk appetite, investment period, and understanding of its technology.

11. Is It Safe To Buy Ethereum?

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Since cryptos are still an emerging asset class, they experience high volatility, but they might become less volatile as they grow over time. However, big cryptos like Bitcoin and Ethereum are comparatively less volatile and more trustworthy than other market entrants.

So if you are looking to invest in cryptos, Ethereum might be safer than other lesser-known cryptos.

12. Is It Smart To Buy Ethereum?

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Crypto itself as an asset class is a smart investment tool. It is for people who believe in the power of decentralisation and have a futuristic vision, and Ethereum could be one of the ways you invest in a smart asset class.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.