A few days ago, the US and many EU countries agreed to ban Russian banks from the SWIFT system. This comes as one of the sanctions that were imposed on Russia for breaking into Ukrainian territories. What other alternatives are there to bypass those financial sanctions? Well, cryptocurrencies!

If Russia was to pay anyone without going through regulatory bodies, they can do so via cryptos easily. Iran is another sanctioned country that also used cryptocurrencies back when the US imposed sanctions when Trump was in office. Russia's economy is more than 10x times bigger than Iran's. When Russia starts turning to cryptos, it'll create a significant volume, thus definitely moving crypto markets accordingly.

Following the SWIFT ban, cryptocurrencies started to move higher. Ethereum, which lost significantly in value with the crypto crash, reached a very strong support area. In a previous article, we clearly highlighted why Ether was on the verge of an explosion from a fundamental perspective. Today, we see the "spot-on" results ;)

The price action of Ethereum follows the perfect "Day Trader" approach. Ether price was simply testing 3 key areas of support:

• $2,400
• $2,600
• $2,800

Traders who managed to catch those areas knew where to place their buy and sell trades. When prices reached $2,600 and the SWIFT ban happened, traders directly placed orders, speculating that cryptos value will increase. In turn, Ethereum which is the second-largest crypto by market cap followed.

Now that Ether price managed to reach $3,000 again, there are many important areas to look into. At a first glance, once might think the next areas are obvious. Not only should prices represent psychological prices, but they should also show a price action history around them. For Ethereum, those next targets are as follows:

• $3,200
• $3,400
• $3,600

If the crypto market continues to go higher, the above-mentioned areas would most probably be reached. That's why day traders can decide to place take-profits around those areas. The $2,800 represented a good buy price. If prices reach those areas we can say a new uptrend is coming, pushing prices to the long-awaited price of $5,000.

Ethereum is a popular blockchain and its native token Ether can be found on many exchanges. It is always a good idea to only deal with safe and secure exchanges. That's why we at CryptoTicker suggest using the following:

• Binance
• Kraken
• Coinbase
• KuCoin

The cryptocurrency market recently witnessed a huge crash. All Tokens from different crypto projects lost heavily in prices. The crypto market cap fell from USD 2.5 Trillion to around USD 2.2 Trillion in 24 hours, wiping out Billions in crypto traders' money. Despite Ether losing more than 10% in the last 24 hours, some analysts are saying that now is the perfect time to buy Ether at a discounted price. Christmas season is right around the corner, and there is no better time than now to stock up on your favorite cryptocurrencies. In this article, we're going to quickly recap how to Buy Ether from Kraken.

Ether's price fell from a high of USD 4,800 all the way to USD 3,400. This crash was met with a surging buying power which lifted prices back upwards. The current price stabilized around the psychological price of USD 4,000. On the other hand, looking at the weekly view of Ether, one can't but laugh at the FUD headlines which the mainstream media loves. Prices have simply retraced back to the average uptrend line.

In figure 1, we zoom out and look at how prices needed such breathers. Panicking and selling most of your crypto portfolio is a bit too late now. Rather than thinking about liquidating, most professional crypto traders already bought the dip.

Kraken is one of the biggest and prestigious crypto exchanges across the world. Created in 2011, Kraken was created by Jesse Powell after the Mt. Gox hack occurred. However, the crypto exchange launch came in 2013, after Powell was done with the development. During the launch, the developer mentioned that Kraken would be better than other exchanges in terms of security and organization.

Like most centralized crypto exchanges, Kraken requires users to sign up on its platform to access its wide range of services. To sign up on Kraken, a trader must provide specific details like email, username, and password. You can also use your phone number to register your Kraken account.

Users who intend to sign up on Kraken should be 18 or above at the time of registration and must make sure they live in an area that the exchange supports. Kraken advises its users to set up a strong password and keep it on them at all times. This is one of the safest methods to eliminate the chances of a breach in their wallets by losing their passwords.

Signing up on Kraken is not enough to buy Ethereum on the platform. This is because the platform makes sure that its users are verified, and this is achieved by taking essential details. To verify your account and start trading, you will need to submit details like Your full government name, date of birth, and phone number used in registering your account.

Verifying your account with the details above means that you can purchase Ethereum with other digital assets. However, if you intend to buy Ethereum with fiat currencies, you must submit additional documents to support the ones above. This is because the platform uses verification levels to grade its users.

For a starter account, you need just the details above, while for an express account, you need to add your social security number and occupation information. The intermediate and pro accounts will require you to add a valid identity card and proof of where you live to the other documents. However, users in South Africa and the United States will need to submit a photograph of their face to pass verification.

In terms of verification time, starter and express accounts take one to two minutes and are automated. Intermediate is automated and takes four to five days for completion. Pro account takes up to five days to be verified, and it is done manually.

Once your account is verified, you can now go ahead and fund your account with fiat or digital assets of your choice. Kraken allows deposits of fiats such as US Dollar, Euro, Canadian Dollar, Australian Dollar, Pound sterling, Swiss Franc, and Japanese Yen.

When a deposit is made, Kraken holds the assets for 72 days due to its security policy. Traders should ensure that they deposit funds to the account matching the fiat currency they intend to top up. However, traders should note that the platform charges small fees for deposits that are not added to the balance on the platform. Also, traders should note that deposit methods will depend on their location.

After making your deposits and receiving the fiat equivalent in your account, you can then buy the number of Ethereum you want. Buying Ethereum comes with so many perks as traders can use the charting tools and the 24/7 support on the platform. Also, you will need somewhere to store your assets if you decide not to trade with them. In this case, it is advisable to get a wallet where you can keep them. To store your assets in the long term, you can use a hardware wallet. Kraken warns that it does not allow traders to hold assets on the platform as it only provides exchange services.

Trading in the crypto market does come with its merits as traders can go on and make a massive amount of profits holding assets. Although trading looks easy, traders need to pick out the right coin to invest in and adopt their strategy. However, all those are never enough as it all boils down to the services provided by the crypto exchange a trader uses. Choosing a crypto exchange to carry out trades should be the first step in a list of actions to trade crypto. The two most pivotal steps of crypto trading must involve choosing the right coin and the suitable crypto exchange to carry out trades. In this article, we will be focusing on Kraken and how to purchase Ethereum on the platform.

Kraken is one of the biggest and prestigious crypto exchanges across the world. Created in 2011, Kraken was created by Jesse Powell after the Mt. Gox hack occurred. However, the crypto exchange launch came in 2013, after Powell was done with the development. During the launch, the developer mentioned that Kraken would be better than other exchanges in terms of security and organization.

Kraken gained more popularity for its security after Mt. Gox suffered another breach which saw the exchange lose $460 million. Set out to gather users' trust, the crypto exchange moved swiftly to ally with banks in Germany and Japan. Kraken became the first crypto exchange listed on the Bloomberg Terminal. This was after the crypto exchange passed the cryptographic audit of Proof-of-Reserves. Notably, the Bloomberg Terminal is used by bankers across the globe to access financial markets worldwide.

Presently, Kraken has a base of operation in 48 states across the United States. It also has a branch in 176 countries, allowing traders access to more than 50 digital assets on its platform. According to a recent report by CoinMarketCap, Kraken is has cemented its place as the fourth largest exchange in the world. This is due to the $2.1 billion daily trading volume carried out on the platform.

Purchasing digital assets on centralized exchanges follow almost the same steps but with a bit of difference. While some exchanges offer limited options for traders to purchase assets, others open up a wide variety. Buying assets should be something that will be seamless across exchanges as it will encourage market participants to invest more. Kraken provides all this and more, so we will be focusing more on the platform. Below is a short guide on how to purchase digital assets on Kraken.

Like most centralized crypto exchanges, Kraken requires users to sign up on its platform to access its wide range of services. To sign up on Kraken, a trader must provide specific details like email, username, and password. You can also use your phone number to register your Kraken account.

Users who intend to sign up on Kraken should be 18 or above at the time of registration and must make sure they live in an area that the exchange supports. Kraken advises its users to set up a strong password and keep it on them at all times. This is one of the safest methods to eliminate the chances of a breach in their wallets by losing their passwords.

Signing up on Kraken is not enough to buy Ethereum on the platform. This is because the platform makes sure that its users are verified, and this is achieved by taking essential details. To verify your account and start trading, you will need to submit details like Your full government name, date of birth, and phone number used in registering your account.

Verifying your account with the details above means that you can purchase Ethereum with other digital assets. However, if you intend to buy Ethereum with fiat currencies, you must submit additional documents to support the ones above. This is because the platform uses verification levels to grade its users.

For a starter account, you need just the details above, while for an express account, you need to add your social security number and occupation information. The intermediate and pro accounts will require you to add a valid identity card and proof of where you live to the other documents. However, users in South Africa and the United States will need to submit a photograph of their face to pass verification.

In terms of verification time, starter and express accounts take one to two minutes and are automated. Intermediate is automated and takes four to five days for completion. Pro account takes up to five days to be verified, and it is done manually.

Once your account is verified, you can now go ahead and fund your account with fiat or digital assets of your choice. Kraken allows deposits of fiats such as US Dollar, Euro, Canadian Dollar, Australian Dollar, Pound sterling, Swiss Franc, and Japanese Yen.

When a deposit is made, Kraken holds the assets for 72 days due to its security policy. Traders should ensure that they deposit funds to the account matching the fiat currency they intend to top up. However, traders should note that the platform charges small fees for deposits that are not added to the balance on the platform. Also, traders should note that deposit methods will depend on their location.

After making your deposits and receiving the fiat equivalent in your account, you can then buy the number of Ethereum you want. Buying Ethereum comes with so many perks as traders can use the charting tools and the 24/7 support on the platform. Also, you will need somewhere to store your assets if you decide not to trade with them. In this case, it is advisable to get a wallet where you can keep them. To store your assets in the long term, you can use a hardware wallet. Kraken warns that it does not allow traders to hold assets on the platform as it only provides exchange services.

To put it in words, Kraken is one of the biggest crypto exchanges across the world. However, the platform needs to do more in terms of accessibility for newbies. But at the same time, traders with resolve can quickly familiarize themselves with the platform in a short while. Kraken provides novices in the crypto market with different products. Asides from its varieties of accounts, the crypto exchange allows other trading options and market views. It also has an easily accessible mobile app and provides trading futures and staking. Finally, the exchange does put a lot of work into its security, judging by its track record over the years. However, traders should bear in mind that things switch up very fast in the crypto market. This means that they should not hesitate to conduct deep research to ascertain their comfort level with the exchange.

Coinshare's latest report highlights more than $400 billion AUM* moving to digital assets. Ethereum and Bitcoin emerged as top picks for institutional and retail investors. However, 42% of the investors preferred ETH more over BTC. With that said, if you wish to buy some ETH to keep your portfolio rolling, you are at the right place. In this guide, we will show how to buy Ethereum on the KuCoin exchange. KuCoin is an emerging exchange known for its simple UI and high-end security. So, without any further ado, let's help you buy Ethereum on KuCoin through this tutorial. 

You need to sign up first on KuCoin for buying any crypto asset. Click on the signup button to register yourself on KuCoin.

The moment you click on the signup button, a window like the one given below will appear. You need to type in your email ID, password, confirm password, and referral code if any. Do not forget to check on the "Read and Agree" button. Click on the "Next" button after completing this procedure. 

Upon clicking on Next, there will be a new pop-up on the screen. It will ask you to complete the puzzle by dragging one of its parts. 

Once you complete the puzzle, you will receive an email. Check your email ID and validate the message.

Once you click on the link, it will take you to the KuCoin Login Page. There you will see yourself as a registered user on KuCoin. 

Now, you must secure your account through a 2FA. 

Two FAs provide an extra security layer on top of your password. Once you enter the password, the login page asks for a security code. That code will be sent to your registered mobile number. Using this process, the platform mitigates identity theft.

After logging in, 2FA is the first pop-up box which will appear in account security. You need to activate it. First, go to account and click on Bind-2 Step.

A backup key will appear on the screen. You need to secure the same.

A scanner will appear which you can use via Google Authenticator. Enter the code, and you are set to go. 

A security message will pop up asking you not to unbind 2FA to secure your account. 

Verify your identity. 

Once the security process is complete, proceed with verifying yourself. In this way, your account will be safe. You can start by setting up a security question.  

It will ask for an email confirmation post creating the security question. 

Hit the confirm button or the link attached to the email.  It will redirect you to the KuCoin confirmation page. It will notify you that the email has been verified.

Complete the KYC. Select the type of account you wish to create. In this tutorial, we are setting up a personal account. 

Furthermore, the page will ask for details required for individual accounts. Click on continue. 

Fill in all the details accurately and submit your ID and fund source. Click on the preferred document choices to upload them. 

Upon uploading, the status will show completed. 

Go to overview and check whether the account is verified. If all the documents submitted are fine along with fund sources, the account changes to verified from verification in progress.

That was a long way, but it is worth it. Let's fund your account with some Ethereum. Here's how to buy it. There's an option to deposit Ethereum on KuCoin. Let's do it!

Go to Asset. Select Ethereum for funding. You can search for ETH in the search bar as well. In this example, We are taking BTC for example. 

But you can select ETH. Copy Ethereum Address and scan the barcode for deposit. In case you are sharing a wallet address with someone, double-check it. Your wallet has ETH now. 

Once you have ETH in your wallet, you can trade ETH/BTC in pairs.  Go to markets and select ETH. Upon picking ETH, select trading and fill out options. You can fill the buy or sell option as per your choice. Once you complete the trade, Open Orders or Trade History to check your transaction. 

Congratulations on your first ETH purchase. I hope the tutorial was useful.

Everyone heard about Ethereum in the past 2 years. The mainstream media helped push this cryptocurrency to the mainstream, as its price soared to a current price of around USD 3,000. On the other hand, it is not enough to simply hear about something. It is also important to understand what it stands for, how it started, and its basic mechanics. That’s why in this article, we’re going back to the basics, and introduce Ethereum crypto in a very simple and straightforward way.

Buckle up, sit down and enjoy this quick guide on what Ethereum crypto is.

Ethereum is a distributed computing platform and a brainchild of Vitalik Buterin. Based on market capitalization Ethereum is the second-largest blockchain and cryptocurrency platform after bitcoin. However, it is much more than ordinary cryptocurrencies and people refer to it as the world computer. Developers can build decentralized blockchain applications using Ethereum's open-source code. Those decentralized blockchain applications are DAPPS. Instead of centralized servers, DAPPS run on globally distributed blockchain networks, thus they are censorship-resistant. Using smart contracts, they can automate actions based on predefined conditions without relying on third-party intermediaries. This also mitigates the problems of centralized governance.

Another crucial aspect of ethereum is the ERC20 token. Any developer with the required technical knowledge can create these tokens for their DAPPS. Ethereum's open-source code makes it much simpler than building tokens from scratch.

Ethereum started with the same consensus mechanism as Bitcoin did, the proof-of-work. But the project wants to shift to proof-of-stake. At Ethereum, this new protocol is Casper. Unlike Bitcoin, Ethereum has a Turing-complete virtual machine. This machine can create impactful decentralized programs, better known as smart contracts. The users then should be able to access the features of these programs via transactions. With this, the conditions of the program can be changed depending on the logic and situations. 

As mentioned earlier, Ethereum depends on the proof-of-work consensus mechanism. The block time (average time in which a block is found) is 15 seconds. The block size is dynamic. However, in the case of Bitcoin, the sum of the transaction data is defined as block size and the sum of gas that was allocated to the transactions. The native coin is called ether (ETH). Because of the disadvantages of proof-of-work, people are working on alternatives, such as the implementation of proof-of-stake and second-layer solutions such as sharding. 

ETHEREUM’s token is called ETHER and was created as the native currency for the platform. It also works as the transaction fees for miners on the ethereum network. The foundation of ETHEREUM was designed to be a platform for blockchain-based smart contracts. When running on the blockchain, a smart contract becomes a self-operating computer program that automatically executes exactly as programmed, without the possibility of downtime, censorship, or third-party interference. It can also facilitate the exchange of money, content, property, shares, or anything of value. 

Although ETHER was intended to be used to support Ethereum's platform as a way to facilitate and monetize its DAPPS, it has become a strong contender on exchanges functioning the same way as other cryptocurrencies.

No, in the case of Ethereum there is no limit. This is the reason why Bitcoin is known as digital gold but you can’t say the same thing about Ethereum. For more information, read this post

>> Ethereum, a fixed supply?<<

The ETH addresses are also not case-sensitive. Ethereum addresses start with “0x” which is a standard identifier for the hexadecimal numeral system. It is concatenated with almost 20 bytes of the hash of the public key.

If we want to be more precise, we buy the token Ether, and not the blockchain Ethereum ;) But most people today just use the word Ethereum for the token.

Just like buying Bitcoin, Ether can be bought on many exchanges. Here's a list of solid exchanges where you can buy Ethereum:

• Bybit
• Binance
• Kraken
• Coinbase
• Bitfinex
• Gate.io
• Kucoin