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Buy and Sell Ethereum at SpectroCoin

October 31, 2017

SpectroCoin, a cryptocurrency wallet, exchange, debit card, and payment processing provider is happy to announce it now offers the possibility to purchase, sell, and store Ethereum cryptocurrency.

Buy and sell Ethereum at SpectroCoin

Ethereum is a decentralized application that supports a cryptocurrency just like Bitcoin that you can use to pay or trade online.  However, unlike Bitcoin, Ethereum cryptocurrency runs on a smart contract - a blockchain technology that allows Ethereum to be traded only if certain conditions are met. Ethereum's own cryptocurrency is called ether and it is currently the second biggest digital currency behind Bitcoin.

From now on SpectroCoin clients can purchase or sell Ethereum cryptocurrency straight on the SpectroCoin platform at a favorable exchange rate. This is part of our goal to support more types of digital assets over the coming years.

To do so, first of all, log into your SpectroCoin account. Once you are there, select the "Exchange" option in the top menu:

SpectroCoin wallets page with a highlighted "exchange" option on the top menu

You will be forwarded to a "Cryptocurrency exchange" window. From there, select your preferred "Pay currency" and input the amount of money you want to use to buy ether. In the "Receive currency" field choose "ETH".

You will see how much ether you get for your selected amount in the field on the right. After inputting all the information click "Exchange":

SpectroCoin "EUR to ETH" exchange page

You will be forwarded to the exchange summary. Please check your details and press "Confirm":

SpectroCoin "EUR to ETH" exchange page with highlighted "confirm" button

Congratulations, you have just purchased ether!

SpectroCoin "EUR to ETH" confirmation page

You can see your newly purchase cryptocurrency in the "Account" section of the website:

Check your SpectroCoin ETH wallet balance in the account section

If you would prefer a video explanation, you can check out our YouTube tutorial on how to purchase ether cryptocurrency:

[embed]https://www.youtube.com/watch?v=k19xjBl0lUM[/embed]

SpectroCoin customers can also easily deposit and withdraw Ethereum cryptocurrency.

To deposit ether simply input your SpectroCoin Ethereum wallet address into the wallet you are sending your tokens from. To find your SpectroCoin Ethereum wallet address, press on the ETH icon in the left-hand-side menu:

SpectroCoin account section with highlighted ETH wallet

You will be forwarded to a new window. You can find your Ethereum wallet address next to the QR code:

SpectroCoin ETH address example

To withdraw ether simply press the "Send" button:

SpectroCoin ETH page with highlighted "send ETH" option

Into the "Address or Email" field insert the Ethereum wallet address you want to send ether to. If you are sending it to another SpectroCoin user inputting an email address is enough.

Then, in the "Withdraw amount" field input the sum of ether you want to send. You can input additional information about the transaction you want the receiver to see in the "Memo" field (it is optional).

Finally, after filling out all the necessary fields click "Submit":

SpectroCoin withdraw Ethereum page with highlighted "submit" option

You will be forwarded to your transaction summary window. Please check that the transaction details are correct and press "Confirm":

SpectroCoin ETH send request confirmation page with highlighted "confirm" option

Next, you will be asked to input a second-factor authentication code. You will receive it via SMS, email, or the Google Authenticator app, depending on which method you chose in your SpectroCoin profile options. After inputting the authentication code press "Submit":

SpectroCoin "insert your second-factor authentication" key page

Congratulations, you have withdrawn your Ethereum currency:

SpectroCoin "send Ethereum request was submitted" page

For a video explanation explore our video tutorial:

[embed]https://www.youtube.com/watch?v=7zydXqEvR-g[/embed]

If you have further questions do not hesitate to contact our customer service via the "Live Chat" option on our website.

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