Where Can You Buy Ethereum Safely?
In Vietnam, buying and selling Ethereum has become straightforward with two trusted options:
1. Through Crypto Exchanges
Vietnamese traders can purchase Ethereum on reputable exchanges like:
Remitano: The simplest platform for buying ETH, offering three key advantages:
- User-friendly interface
- Local payment support (VNĐ)
- Escrow protection for transactions
Trade Fee Alert:
Remitano charges a 1% transaction fee. For example, buying 10 ETH at 150 million VNĐ incurs a 1.5 million VNĐ fee. The same applies when selling ETH.
2. Peer-to-Peer (P2P) with Intermediaries
Exchanges essentially act as trusted intermediaries. Here’s how P2P works:
- A seller lists ETH in a crypto trading group.
- Both parties agree on a price.
- A trusted intermediary (e.g., group admin) holds the buyer’s VNĐ.
- Seller transfers ETH to the buyer’s wallet.
- Intermediary releases VNĐ to the seller.
⚠️ Caution:
P2P trades may offer slightly lower prices but carry higher fraud risks, especially for beginners. Avoid unverified intermediaries.
Step-by-Step: Buying ETH on Remitano
Prerequisites
- A Vietcombank account with Internet Banking.
- An Ethereum wallet (e.g., MetaMask, Trust Wallet).
Step 1: Create an Ethereum Wallet
Choose a secure wallet:
- Hot wallets (e.g., MetaMask): Convenient but vulnerable to hacks.
- Cold wallets (e.g., Ledger): Offline storage for maximum security.
👉 Best Ethereum wallets for 2024
Step 2: Register on Remitano
- Sign up at Remitano.
- Verify your identity for higher limits.
Step 3: Buy ETH
1. Deposit VNĐ
- Navigate to Wallet > VNĐ Deposit.
- Transfer funds via Vietcombank using Remitano’s provided details.
2. Purchase ETH
- Go to ETH/VNĐ market.
- Select a seller marked “Fast Seller” using Vietcombank.
- Enter ETH amount, your wallet address, and confirm.
FAQ
1. Is Remitano safe for buying ETH?
Yes, Remitano’s escrow system ensures funds are released only after ETH delivery.
2. What’s the cheapest way to buy ETH in Vietnam?
P2P trades may offer lower prices, but exchanges like Remitano provide better security.
3. How long does an ETH transfer take?
Network confirmation typically takes 1–5 minutes, depending on gas fees.
4. Can I store ETH on Remitano?
Not recommended. Always withdraw to a private wallet for full control.
👉 How to secure your ETH investments
Conclusion
This guide simplifies buying Ethereum in Vietnam. Stick to trusted platforms like Remitano for secure transactions. Got questions? Drop a comment below!
Happy trading! 🚀