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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Step 1: Create an account on Archax
To begin your journey of buying Ethereum, you'll need to create an account on Archax. Sign up via the Archax website. You'll receive a verification email to confirm your account. For added security, Archax enables Multi-Factor Authentication (MFA) on your account.
Step 2: Complete the KYC process
Archax requires users to complete a Know Your Customer (KYC) process. This involves submitting proof of identity and proof of address. This ensures compliance with regulatory standards and enhances the security of the platform.
Step 3: Deposit funds into your Archax account
Once your account is verified, you can deposit funds. Navigate to the Custody, followed by Deposit section of your account dashboard./Help%20Center/Article%204/Step%203%20Article%204.png?width=596&height=303&name=Step%203%20Article%204.png)
Here, you can choose to deposit funds in various currencies, including GBP./Help%20Center/Article%204/Step%203B.png?width=357&height=521&name=Step%203B.png)
Step 4: Navigate to the Buy & Sell interface
Navigate to the Buy & Sell interface and select the ETH/GBP trading pair from the dropdown menu. Enter the amount to buy and click on buy. Review your order, confirm details and complete the payment. Assets will be delivered to your custody wallet once the purchase is successful.
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Step 5: Analyse the Market
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Before making a purchase, use the price chart to help you make informed decisions. Reviewing the order book and market trades can also provide insights into the current market depth and the latest trades.
Next steps
By following the steps outlined in this guide, you can confidently purchase Ethereum and explore diverse opportunities within the blockchain space. Embrace the future of finance and start your Ethereum investment journey with Archax today.