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In such a case, you may need to provide the OTP code sent to your mobile by the exchange besides your login password. For UK traders, the best Ethereum trading exchange is eToro. Verify your identity and location: After you create an account, you need to verify your account information. Typically, the brokers will ask you to upload a scanned copy of your national ID or social security number for verifying your identity as a person. Make sure the address provided during opening the account and the address written on your uploaded documents are the same.
Your verification process may delay in case the broker finds a significant difference between your account information and document. The total verification process may take one hour to two business days depending on the exchanges. Once the verification process is done, the customer service department of the exchange will send you a confirmation email. You have a verified account means now you can fund your account and enjoy the full-fledged financial service of the respective exchange.
Deposit Funds: You need to deposit funds to your account to be able to trade the Ethereum. Choose your favorite currency and payment method. However, you also need to check which payment methods are accepted by your exchange. The charges of fund deposits vary depending on the exchanges and the method of your payments. Otherwise, the exchange may halt your transaction and request additional documents. Depositing funds through C2C exchanges may be a little more complex than regular transactions.
Usually, the C2C exchanges take up to an hour to complete the deposit process. Besides, you need to check the minimum and maximum deposit limit accepted by your exchange. With a DEX you can trade without giving control of your funds to a centralized company. Geographical restrictions apply. All products listed on this page are not official endorsements, and are provided for informational purposes only.
If you want to add a product or provide feedback on the policy raise an issue in GitHub. Raise issue New to ETH? Here's an overview to get you started. What's ETH? What country do you live in? Exchanges and wallets have restrictions on where they can sell crypto.
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