Buy and sell Ether(Ethereum) Coincheck supports ehter buying and selling.Ether can be managed or bought/sold with coincheck wallet the same way as bitcoin.Ethereum is a decentralized platform that runs smart contracts - applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.Just like buying and selling bitcoins, ether can be bought using coincheck wallet.Like, ether can be bought via bank transfer.Coincheck will soon support a purchase of ether with a credit card.Also, Coincheck will support tadeview for ether in the near future.How to buy Ether?The example below shows a user buying 12.92 YEN worth of ether(0.01 ETH).Minimum purchase amount - 0.01ETH(約 13 円) Table of contents ・How to buy ether?(Web browser)/a> ・How to sell ehter?(Web browser) ・How to buy ether?(App) ・How to sell ether?(App) How to buy ether?(Web browser) Buying ether is exactly the same as buying bitcoin.

First, in order to buy ether, please deposit USD(will be converted to JPY, free of charge) to our designated bank account or convert your bitcoins to JPY.Please refer to deposit USD/YEN for instructions in detail.You can also purchase ether via BTC.Buy ether from coincheck wallet's "Buy Bitcoin" tab.Select ethereum and input amount of ether you wish to buy.Once you click the buy button, ether will be credited to your account.You can also check your purchase history.How to sell ether?(Web browser) Sell ether from coincheck wallet's "Sell Bitcoin" tab.Select ethereum and input amount of ether you wish to sell.You can sell your ethers by clicking sell button.You can also check your sales history.How to buy ether?(App) *Currently ether exchange is only available for iOS app.We will soon support Android.You can check your purchase history on your front page.(App) Sell ether from coincheck wallet's "Sell Bitcoin" tab.Once you start getting a revenue from your niche websites, how do you spend it?

Maybe, paying off a mortgage or saving up for a vacation?For example, Ilya from OnlineMoneyz decided to use his online income to pay for the college.I think this is a great idea and a great goal!Me, on the other hand, I prefer to put the money back into the business or to invest.Eventually, I do plan to live off my cloud income (this is my ultimate goal) but for now, my day job pays all my bills so my online income is spare money for me.litecoin days destroyedUsually, I invest into Kickfurther, an online platform for crowdfunding inventory as well as in regular stuff like stocks.bitcoin logo svgBut the investment I did this time was not a usual one.wie entsteht bitcoinIt was neither Kickfurther nor mutual funds nor bonds.wiki bitcoin foundation

I decided to go a special route: Investing in cryptocurrency.More specifically, in Ethereum.Table of Contents Ethereum And Its CrashWhy Ethereum Crashed?Why Investing?Buying EthereumMy Steps Were Quite ComplicatedChoosing Ethereum WalletBuying EthersWhat’s Next?Ethereum is a public blockchain platform with programmable transaction functionality.can bitcoin asic mine litecoinIt provides a decentralized virtual machine that can execute peer-to-peer contracts using a cryptocurrency called ether (from Wikipedia) If you read Hacker News, you definitely have heard about “the DAO meltdown” that happened a week or two ago.ethereum asicBasically, a part of Ethereum was hacked and its currency, Ether, has crashed.ethereum ico termsIt went down by almost 180%, from more than $20 to about $10 per ether.ethereum balance 0

In short, Ethereum is not just a cryptocurrency.It is a whole platform that allows writing programs that execute some automated actions.And since these are programs, they may and do have bugs.And of course, some hacker found a vulnerability in one of the programs (or contracts as they are called in the Ethereum world) and stole almost $50 million dollars worth of ether, the platform currency.bitcoin generator illegalThe money was stolen from a particular organization built on top of the platform.It is called the DAO, Decentralised Autonomous Organisation, and is somehow similar to investment companies in the real world.It runs its own set of programs, which contained the exploited vulnerability.This was obviously a bad news for the platform so ether crashed as many lost belief in it and in the platform.Programs have bugs, that’s true.But they only have them because writing bugless programs are expensive – very expensive.

Believe me, I am a software developer.However, making programs bugless is not impossible!Modern technologies – well modern programming languages – already allow writing such programs.Yes, it is expensive but this is one of the cases when such investment makes a lot of sense.The approach is to use precise types.Such types allow the computer – more precisely, the compiler – to guide a software developer towards writing correct programs.The programmer can better specify what they want to do.The compiler then can check if the code does a correct thing and whether it contains any errors or bugs.This makes the code safer as well as prevents a buggy code from running – if the code does not compile, it cannot run.However, it also means that the developer has to deal with much more constraints while crafting their piece of code.That’s why it makes it harder.Currently, these modern programming languages (Agda, Idris) are more academic than practical and the software development industry has not adopted them yet.

But I am sure it is only a matter of time.There are research papers existing that show how the technology makes the Ethereum contract development safer (check one here if you are curious).Having $50 million stolen, this is a damn good incentive to start writing code with precise types!Once this happens, the Ethereum will go up.And this is my bet.Disclaimer: It was not my idea to invest into Ethereum.It was Sam (my boyfriend) who noticed the crash and realized that the problem was not such a problem.He is also a software developer and his passion is precisely typed programming languages – exactly like Agda (check out his blog to find out more).Sam knows that it is possible to make Ethereum contracts bug free.He has been wanting to invest into cryptocurrencies since a long time and finally saw an opportunity to do so.And I just jumped on the bandwagon 🙂 My path to acquire ethers was following: CAD -> Bitcoin -> Ether.Because it was easier.I live in Canada and the cryptocurrency market here is not very strong.

There are many websites that sell cryptocurrency online; however, they all seem to require US debit or credit cards for payment.While I do have one, Sam does not, and we wanted to find a solution that would work for both of us.Better to stick together while doing something for the first time!In hindsight, I now realize that I could have saved quite some money by going with my US bank… Oh well, I can still do it the next time I decide to invest in cryptocurrency.Despite the weak Canadian market of cryptocurrency in general, Montreal actually has a physical place that sells bitcoins for cash.It is called Bitcoin Embassy.Before going there, I got Mycelium, a Bitcoin wallet for Android phones.The Embassy recommended this particular wallet for bitcoin operations so I just followed their recommendations.So I went to the Embassy and bought $1250 worth of bitcoins with my debit card ($1600CAD).I got something like 1.6 bitcoins hehe.Now I could use it to buy ethers.But first, I needed to find a good Ethereum wallet.

Ether is not a very popular cryptocurrency so the choice was small.I read a few reviews and decided to go with Jaxx, a wallet that supports both Bitcoin and Ethereum.In fact, I did not need a wallet.What I needed was something called “cold storage”.This is a way to store a cryptocurrency offline where hackers cannot reach it.I did a research but could not find anything good enough.While there are many more or less convenient solutions for storing bitcoins, there are few of them for Ethereum.So I gave up on the cold storage and decided to use a regular wallet.So I needed to exchange bitcoins for ethers.I googled for an online cryptocurrency exchange and found ShapeShift.Turns out it was a very convenient solution!I simply provided my Bitcoin wallet address, my Ethereum wallet address, specified the amount of bitcoins I wanted to spend, scanned a QR code… and the exchange operation got initiated.First, I tried to exchange just a small amount of bitcoins worth maybe $1.After it went well, I exchanged the rest of the money.