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Knowing Ethereum — How To Buy Ethereum In Canada

Look around for investment options on the internet, and you will see cryptocurrency booming. As the growth surge keeps coming in value (with some downfalling) letu2019s just see if we can solve some of the frequently asked questions regarding Ethereum. And these answers may only help you understand how to buy Ethereum in Canada.

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Knowing Ethereum — How To Buy Ethereum In Canada

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  1. Knowing Ethereum — How To Buy Ethereum In Canada?

  2. Look around for investment options on the internet, and you will see cryptocurrency booming. As the growth surge keeps coming in value (with some downfalling) let’s just see if we can solve some of the frequently asked questions regarding Ethereum. And these answers may only help you understand how to buy Ethereum in Canada.

  3. Beginning Of EthereumLaunched in 2015, Ethereum is the second-largest cryptocurrency by market capitalization. It was the first-ever cryptocurrency 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 decentralising payments. However, Ethereum originated with the idea to take things to the next level; it aims to decentralise everything on the internet.

  4. 3 Things to know while Investing in Ethereum1. It’s the second-gen blockchain technology, an upgraded version of Bitcoin, Litecoin etc2. It develops on Bitcoin’s shortcomings by processing faster and cheaper transactions3. Ethereum has an unlimited supply of Ether tokens, with 18M tokens being mined every year.

  5. Top 5 Reasons to Buy Ethereum in Canada1. Second Largest Cryptocurrency by Market Cap.2. Unlike Bitcoin, Ethereum is more than a digital currency; it is a platform for developers to build decentralized applications3. Since 2015, Ethereum has grown over 500% in 5 years4. It can process upto 30 transactions per second5. 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.

  6. Why To Buy Ethereum?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. As a cryptocurrency, Ethereum is a promising investment; however, if it is a good choice for your portfolio depends on multiple factors like your risk appetite, investment period and understanding of its technology.

  7. Is It Safe To Buy Ethereum?Since cryptocurrencies are still an emerging asset class, they experience high volatility, but they might become less volatile as they grow over time. However, big cryptocurrencies like Bitcoin and Ethereum are comparatively less volatile and more trustworthy than other market entrants. So if you are looking to invest in cryptocurrencies, Ethereum might be safer than other lesser-known cryptocurrencies.

  8. Is It Smart To Buy Ethereum?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.

  9. If you are convinced about what Ethereum is and why you should invest in it, you can start investing with your account at Netcoins. It is one of the best sites to buy bitcoin in Canada. You can also buy Ethereum here.SOURCE CREDIT: https://medium.com/@netcoinscanada/knowing-ethereum-how-to-buy-ethereum-in-canada-884a1423686a

  10. THANK YOU FOR WATCHING

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