How to buy ETH on the BYDFi App

If you are asking yourself how to buy ETH on the BYDFi App, here you have a satisfying answer. Buying BAT on the BYDFi app is straightforward and designed to be user-friendly. Here's a step-by-step guide to buy ETH:Download the BYDFi app from the App store of your device: it is available on both <a href="https://play.google.com/store/apps/details?id=com.bydfi.app&hl=en-US" target="">Android</a> and <a href="https://apps.apple.com/us/app/bydfi-buy-btc-eth-doge/id6444251506" target="">iOS</a>.Open the app and sign up for an account. You’ll need to provide your email address and create a secure password. Some verification may be required depending on your location.Click 'Add Funds' and select 'Buy Crypto'Select the Fiat Currency that we supportChoose your desired crypto, or search for itAfter selecting the desired crypto and fiat currency, enter the amount you would like to spend and click ‘Next’Select a third party service provider and click ‘Buy’You will be leading to the third party payment page, follow the steps on the page to complete the paymentWell done! Now just wait for the deposit to credit to your accountFor more help, visit our Help Center or email us at <a href="cs@bydfi.com" target="_blank">cs@bydfi.com</a>

How to invest in ETH for beginners: Step-by-step guide

ETH investing in digital currency for beginners involves understanding how to invest in digital currency, knowing how to trade cryptocurrency, and deciding should I invest in cryptocurrency? Below is a step-by-step guide to buy crypto as per 2025 insights:1. Start SmallThe best way to invest in ETH or any crypto is to start with small amounts. This is going to let you learn the platform and understand how to trade in cryptocurrency without risking large losses during market volatility.2. Learn Crypto TradingTake some time to learn crypto trading strategies. That's because learning how and when to buy or sell will improve your chances of success.3. Understand FeesChecking transaction and withdrawal fees before buying or selling is crucial. Even the best way to buy cryptocurrency involves some cost—knowing skills.4. Stay Updated on Cryptocurrency RegulationStaying informed about cryptocurrency regulation allows you to make smarter decisions.5. Use Two-Factor Authentication (2FA)Always enable 2FA on your crypto accounts to protect your funds and personal data from unauthorized access.6. Watch Out for ScamsBe cautious of unsolicited offers or promises of guaranteed returns. For real cryptocurrency advice, trust only verified platforms or sources.

How to buy ETH for low fees?

Smarter Way to Buy ETH When you are looking for the best app to buy crypto, being able to choose the right platform is key. Opting for the best crypto exchanges like BYDFi means being capable of benefiting from lower trading fees. It can help you obtain more and more of your investment. Unlike high-fee platforms, BYDFi has the ability to grow your holdings without watching profits disappear into costs—making it a top choice for those seeking a no-fee crypto exchange.Do you want to Use Promotions and Fee Reductions to Your Advantage? BYDFi is capable of launching many exclusive campaigns with trading fee discounts and many bonus rewards. By checking the Spot Event page often, you can stay updated on deals and never miss an opportunity to save.For an even better experience, you should take advantage of BYDFi’s Convert feature, which allows you to swap cryptocurrencies with 0 transaction fees. It's not only fast, but also easy to use, and perfect for anyone looking to buy BAT more efficiently.

What is the max supply of ETH?

Unlike some crypto with limited supply, ETH does not have a maximum token supply. This is what happens when a crypto operates without a hard cap, allowing new tokens to be constantly created over time through its staking and any of the validation processes. There are some investors who prefer cryptocurrencies that have a maximum token supply as a hedge against inflation. ETH takes has a different approach by focusing on network sustainability and long-term participation incentives rather than strict supply limits.

How many ETH are in circulation/in existence?

As of today, there are around 120.7 million tokens that are in circulation, which is the representation of 100% of its circulating supply. While ETH does not have a maximum supply cap, all of the tokens that are currently issued are active on the market. For those that are still doubtful of how many cryptos are there or how many altcoins are there, ETH stands out as one of the prominent projects with a unique governance model and an uncapped token issuance structure.

What is ETH used for?

Ethereum can be described as a decentralized, open-source blockchain which is well-known for its powerful ecosystem of smart contracts, for its decentralized applications (dApps), and because of its financial tools. The Ethereum definition can be extended far beyond cryptocurrency. It's a platform that enables innovation across industries such as finance, healthcare, gaming, identity, and supply chain to name a few.It was founded by Vitalik Buterin, the Ethereum creator and he was the visionary behind the project. Ethereum introduced the concept of programmable blockchain technology. Its widespread adoption has been shaping the modern Ethereum ecosystem, which also includes DeFi platforms such as Aave and Compound, NFT marketplaces like OpenSea, and more and more DAOs and decentralized services.Ethereum’s applications can also be able to include secure identity systems, energy tracking, transparent governance, and cross-border payments. The blockchain’s well-known Ethereum logo, representing a diamond-shaped structure, has become a global symbol of decentralized innovation and Web3 transformation.

Ethereum explained in a more understandable way: it is a decentralized blockchain platform designed to execute smart contracts and it can run decentralized applications (dApps) without the need of having the constant need of intermediaries. At its core, the Ethereum definition is still involves many technical layers that can work together to maintain an even more secure, programmable, and global network.To explain Ethereum in an even more specific way, you should consider its most important component, which is what is called Ethereum Virtual Machine (EVM), which has the capability of acting as the engine that is capable of processing smart contract code and it can ensure consistent execution across all network nodes. Every time there is a user that can interact with a contract, the EVM is capable of updating the Ethereum State, which is a distributed database that can track accounts, tokens, and contract conditions.Transactions first enter the mempool, where they are still waiting validation. Using the Proof of Stake consensus mechanism, Ethereum is going to select validators, who are also participants who have staked at least 32 ETH, to propose and confirm new blocks every 12 seconds. This Ethereum technique is what can boost energy efficiency and security while reducing reliance on mining.Once all the transactions are completely validated, they are going to be recorded in the blockchain, which is itself an immutable and transparent ledger. Developers can also build and utilize smart contracts and dApps on Ethereum to power DeFi platforms, NFTs, governance systems, and more.It doesn't matter if you are exploring the way Ethereum works or if you are looking for an explained Ethereum guide, this kind of overview can offer a technical but yet accessible breakdown of the functionality of the platform.

If right now your goal is to find the best place to buy Ethereum? BYDFi is a the best choice thanks to its low fees, it has a quite strong security, and it also own a wide range of ETH trading pairs, which includes options with Binance Coin (BNB). You can easily buy Ethereum with a debit card, and the platform is also capable of supporting very advanced tools such as leverage trading and automated bots. It also has regulatory licenses in the US and Canada. BYDFi is capable of offering its users a secure and user-friendly experience. For many, this is the best way to buy Ethereum and trade confidently in a compliant environment.

Is ETH a Good Investment?

Ethereum (ETH) is one of the top long-term crypto investments despite short-term volatility. But here’s a short explanation of why there are so many investors that are still willing to buy Ethereum:Why ETH Still Holds Strong PotentialSmart Contract Leader: Ethereum is capable of powering most DeFi, NFTs, and dApps, giving it unmatched utility.Proof-of-Stake & Upgrades: Ethereum 2.0, Pectra, and Dencun can improve scalability, reduce fees, and it can also cut energy use.Shrinking Supply: EIP-1559 is capable of burning fees, it can also create some deflationary pressure.Staking Rewards: More than 27% of ETH is staked, which is something that can provide passive income and the security of the network.Layer-2 Growth: Projects like Arbitrum and Optimism boost usage without congesting the mainnet.Institutional Adoption: 2024 ETF approvals have attracted more institutional capital.ETH Price ForecastsAnalysts’ ethereum forecast and eth price prediction for 2025 might be ranging from $2,500 to more than $6,700, which was based on network upgrades and market trends. Many ethereum price prediction models show strong upside.Risks ETH is still facing strong competition, there is also strong regulatory uncertainty, and the constant presence of market volatility. Still, for those with a long-term view, Ethereum remains a compelling option.

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How to Buy Ethereum(ETH)

Buy Ethereum(ETH) and other popular cryptocurrencies on BYDFi with fast, secure trading and low fees. Whether you're a beginner or a professional, BYDFi offers a variety of purchase options to suit your needs. Start investing today and check out our guide to easily buy Ethereum(ETH) with minimal fees!

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Last Updated: 2025-08-14

Steps to Buy Ethereum

The best way to buy ETH is on BYDFi in Simple 3 Steps:

Step 1 : Create a Free BYDFi Account BYD.1749204536074.Step1.png

Register using your email/phone number and country of residence, then create a strong password to protect your account to start your journey on BYDFi.

Step 2 : Secure Your Account BYD.1749204525445.Step2.png

Kindly verify your identity to ensure full compliance and enhance your BYDFi experience.

Enable Google Authenticator (2FA), set up an anti-phishing code, and a fund password to add an extra layer of security to your account.

Step 3 : Buy ETH BYD.1749204515003.Step3.png

You can purchase ETH on BYDFi using various payment methods. We will guide you through the operation to get a crypto wallet:

Option 1 : Buy ETH with Cryptocurrency on BYDFi Spot Trading

The BYDFi spot market supports over 600 digital assets and is the most popular platform for purchasing ETH. Here’s how to buy:

Open BYDFi Buy Crypto service.

Transfer your cryptocurrency to your BYDFi account.

Select the 'Spot Trading' under 'Trade' button. Search for the ETH trading pair on the BYDFi spot market. Place an order to exchange your existing cryptocurrency for ETH.

Once your order is successfully executed, you can view the available ETH in your account assets.

Option 2 : Buy ETH with Credit/Debit Card

This is the simplest way for new users to purchase ETH.

BYDFi supports various payment options : Transak, Coinify, Mercuryo, Banxa.

Simply enter the amount you wish to purchase and complete the payment to own ETH.

Option 3 : Buy ETH via Convert

BYDFi supports fast purchases of ETH through convert. If you hold USDT, you can quickly buy ETH at the market price using BYDFi's convert feature.

Why Choose BYDFi to Buy Ethereum

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Why Choose BYDFi to Buy Ethereum

Safe and Reliable

BYDFi's Proof of Reserves (PoR) mechanism offers robust security for your funds. As a Forbes-recommended exchange, we have gained the trust and support of over 1,000,000 users worldwide.

High Liquidity

BYDFi offers a fast and reliable trading experience with support for 900+ major cryptocurrencies, making it an ideal choice for both beginners and professional investors.

Simple and Intuitive

At BYDFi, purchasing Ethereum is quick and easy. Whether you are a beginner or a professional trader, our intuitive interface allows you to complete transactions effortlessly in just a few steps. Register on BYDFi now and experience a seamless cryptocurrency purchasing process!

Wide Variety of Tokens

BYDFi supports over 900 cryptocurrencies, making it the ideal platform to buy Ethereum and other digital assets. Users can easily trade and exchange assets to meet their needs!

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Disclaimer

The content displayed on this page comes from verified BYDFi users and/or data and feedback from other third-party sources. All information is for reference only, and BYDFi makes no representations or warranties of any kind regarding its accuracy. The displayed price predictions may be inaccurate, and future prices may differ significantly from the forecasts. Do not rely on these results for investment decisions. Token price predictions do not constitute financial advice and are not intended to recommend the purchase of any specific product or service. If you trade or invest based on the information on this page and incur losses, you may not recover your invested funds, and BYDFi is not responsible for any potential losses. The prices of digital assets are subject to market risks and volatility, meaning their value may rise or fall, and you may even lose your initial capital. BYDFi recommends carefully assessing your investment goals, financial situation, risk tolerance, and relevant experience before making investment decisions. If necessary, seek advice from an independent financial advisor. Past market performance is not a reliable indicator of future results, so only invest in products you understand and can afford to risk. This statement is for general informational purposes only and does not constitute investment advice.

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