How to Buy Ethereum: A Step-by-Step Guide
The project launched an ICO in 2014, and managed to raise USD 18 million in BTC. The Ethereum blockchain went live in 2015 and started deploying and running smart contracts using a PoW consensus mechanism. Since then, the Ethereum blockchain has undergone a number of upgrades, the most prominent one being “The Merge,” where it shifted from PoW to PoS consensus mechanism. Brokers usually charge a small percentage in transaction fees. Ensure that you understand the platform’s fee structure and note any hidden fees to avoid paying more than you can afford. Ensure that your chosen platform has a reputation for excellent security so that your crypto stored on the exchange won’t be compromised. Is It Too Late to Buy Ethereum? Technically, that…