How to buy Ethereum (ETH) in the UK with a bank card or transfer
October 20, 2022
To buy Ethereum (ETH) with a credit card or bank transfer you need to create an account at NearPay and press the "Buy" button. Follow the simple steps to complete your purchase.
A few words about Ethereum. Ethereum, as the second biggest cryptocurrency on the market, introduced a new concept to the world - smart contracts. The network was launched in 2013 by Vitalik Buterin. Ethereum has recently gone through “the Merge”, after which the blockchain began to utilise the Proof-of-Stake consensus algorithm. The platform’s native token, ETH, can be used to create and carry out smart contracts.
Buy Ethereum with the best rates in the UK
When buying cryptocurrencies, the simplicity and security of the process is important, but even more so is the functionality of the service through which the process takes place. Therefore, we suggest that you buy Ethereum at NearPay.
NearPay is a reliable service with great features. With NearPay you can:
Buy cryptocurrencies with the lowest commissions - only 1%!
Exchange cryptocurrencies at the best rates directly in your wallet
Choose between the most popular cryptocurrencies
Get a prepaid card that works in the UK and around the world
Own a virtual card and pay for goods and services online
Have peace of mind that your funds are securely protected
How To Buy Ethereum (ETH) In the UK
Important information before you buy your first ETH at NearPay.
Cryptocurrencies are associated with high market risk and price volatility, including stablecoins. You should only invest in products with which you are familiar and understand the risks involved. This material should not be construed as financial advice.
1. Create an account at NearPay.co or through the mobile wallet for Android or iOS 2. Complete the verification process 3. Go to the Accounts page 4. Scroll down until you find your British Pound account 5. Make a transfer using NearPay GBP account details
Please note: GBP transfers are processed using the Faster Payments scheme. Not all banks are signed up to this, so please check with your bank or your provider prior to making a deposit.
Once the transaction is successfully processed, you will see a pop-up with confirmation and transaction details.
Step-by-step guide on how to buy Ethereum in GBP with Faster Payments:
All is done!
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Something still unclear? Here are the answers to our most commonly asked questions, but for any further assistance visit our Help Centre.
Frequently asked questions
The 1% fee is applied to each purchase
The minimum deposit amount is 10 GBP
You must be a verified user of NearPay The card must support 3D Secure The card must be issued in your name
The billing address is the address associated with your credit card or the bank account linked to your debit card
Your billing address helps us to make your purchase safe
No, we don't keep your card details. We simply tokenize credentials in the encrypted form so that we can process your further transactions with this card.
Transactions are usually completed in just a couple of minutes. Once processed, you’ll instantly receive your purchased cryptocurrency.