Discover how to buy Beacon ETH (BETH) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Beacon ETH (BETH) is currently at
€2,499.17
-€43.1964 (-1.73%)
Last updated on --.
How can I buy Beacon ETH on OKX?
Whether you're new to crypto or an experienced trader, you can buy Beacon ETH using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Beacon ETH
Select Beacon ETH and buy using your chosen method.
Step four
Receive your Beacon ETH
Confirm your purchase and store your Beacon ETH in your portfolio.
What's Beacon ETH?
Beacon ETH is a special type of digital money used on the Ethereum network. Imagine it like a magic coin that helps computers talk to each other and do smart things. It exists to make Ethereum faster and better, solving problems like slow transactions and high fees. Think of it as a superhero helping the Ethereum world work smoothly.
How can I buy Beacon ETH?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Fund your account using a bank transfer, credit card, or other local payment methods like PayPal. 3) Once your account is funded, search for Beacon ETH and place a buy order by entering the amount you want to purchase and confirming the transaction.
Why do people buy Beacon ETH?
People buy Beacon ETH because it helps make Ethereum more efficient and secure. It supports the network's transition to a better system, known as Ethereum 2.0. Beacon ETH is important for those who want to participate in the Ethereum ecosystem, use decentralized apps, or support the network's growth. It’s about being part of a technological evolution, not just owning a digital asset.
Things to know before buying Beacon ETH in the United States
In the United States, cryptocurrencies like Beacon ETH are legal but regulated. You must complete KYC and AML verification when buying. Cryptocurrencies are subject to taxes, including capital gains tax when sold for profit. Income from staking Beacon ETH may also be taxable. Always consult a tax professional to understand your obligations.
What are other ways to own Beacon ETH?
You can obtain Beacon ETH through airdrops, where free tokens are distributed to users. Participating in staking or network rewards programs can earn you Beacon ETH. Some platforms offer Learn-and-Earn programs, rewarding users with tokens for completing educational tasks. These methods require effort and understanding of the risks involved, such as market volatility and network participation.
How can I store my Beacon ETH?
To keep Beacon ETH safe, you can use custodial wallets, where a service holds your tokens, or non-custodial wallets, where you control them. Hot wallets are online and convenient but less secure, while cold wallets are offline and safer. Always back up your wallet, keep recovery phrases secure, and consider proof of reserves for added security. Choose the storage method that balances safety and ease of use.
Why should I buy Beacon ETH on OKX?
Learn more about the security measures keeping your Beacon ETH safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Beacon ETH (BETH)
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How to get Beacon ETH for free
Invite friends, earn rewards
See how you can get free Beacon ETH when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Beacon ETH grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free Beacon ETH airdropped to you when you join campaigns.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Beacon ETH
Take advantage of price fluctuations and trade your Beacon ETH for other cryptocurrencies.
Send Beacon ETH
Send your Beacon ETH anywhere, anytime with fast, low-cost transfers.
Spend Beacon ETH
Use your Beacon ETH to pay for goods, services, and experiences seamlessly.
Hold Beacon ETH
If you think your Beacon ETH will increase in value, you can hold onto it.
Sell Beacon ETH
Convert your Beacon ETH to cash quickly and securely.
How to buy Beacon ETH (BETH) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Beacon ETH BETH safely on a trusted exchange like OKX.
Choose the best exchange to buy Beacon ETH (BETH) depending on your individual needs. Factors to consider when picking the best place to buy Beacon ETH (BETH) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Beacon ETH. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Beacon ETH (BETH), as well as fiat withdrawal options.
This depends on the method you use to convert Beacon ETH (BETH) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.