<!-- TITLE: Getting Ether --> [![Documentation chat](https://img.shields.io/badge/gitter-Docs%20chat-4AB495.svg)](https://gitter.im/ethereum/documentation) > Outlines how to get Ether. Note that you should only buy Ether (or any cryptocurrency except for stable ones like DAI or USDT) with risk capital, i.e. money that you can afford to lose, because of the volatile nature of Ether. In order to obtain Ether, you need to either: - trade other currencies for ether using centralised or trustless services - not recommended as it\'s not very user friendly: use the user friendly [Mist Ethereum GUI Wallet](https://github.com/ethereum/mist/releases) that as of Beta 6 introduced the ability to purchase ether using the <http://shapeshift.io/> API. - not recommended: become an Ethereum miner (see [here](https://forum.ethereum.org/discussion/8886/quick-start-guide-to-mine-ethereum/p1). Note that [this](https://ethereum-homestead.readthedocs.io/en/latest/mining.html) Homestead guide is outdated, which is the same as [this](Mining) mining wiki). However, this is not recommended as Ethereum is going to transition to proof-of-stake, making mining obsolescent. Becoming a miner would involve investing in a mining rig (several GPUs, plus maybe other hardware if needed, like a compatible computer), which is unlikely to get a return on investment before PoS is implemented. After you get Ether it is recommended that you transfer it to a wallet which you have the private key for, such as [MyEtherWallet](https://myetherwallet.com) or [MyCrypto](https://www.mycrypto.com/). Then to use Ether to make transfers [MetaMask](https://metamask.io/) (a browser extension which allows Ethereum dApps to be run through your browser) is recommended. Trustless services ================== Note that the Ethereum platform is special in that the smart contracts enable trustless services that obviate the need for trusted third parties in a currency exchange transaction, i.e. disintermediate currency exchange businesses. Note that these services may still require some level of trust, e.g. in the service provider. Projects that have launched includes: - Those listed in this [Etherscan chart](<https://etherscan.io/stat/dextracker>). - [LocalEthereum](https://localethereum.com/) allows exchanging Ether for fiat currencies, like [Localbitcoin](https://Localbitcoin.com/). \"The smart contract allows users to safely exchange ether with one another, and to name a trusted third-party to mediate a trade if a dispute arises. Currently, the trusted mediator is always localethereum.com, but the contract will be adapted in the future to switch over to a reputation-based distributed arbitrator pool.\" The source of this quote is [here](https://blog.localethereum.com/how-our-escrow-smart-contract-works/). - [EtherDelta](https://etherdelta.com). I (James Ray) found that the charts on the site weren\'t very good on January 1, 2017, so I sent a [tweet giving feedback](https://twitter.com/JamesCRay01/status/953101168669999104). This is good for trading tokens. Unfortunately I tried to make a deposit with a small amount, so that I could then buy a token but nothing happened. - [ForkDelta](https://forkdelta.github.io) claim to have \"a ton of improvements including a much faster order processing system. It interacts with ForkDelta\'s revamped API and EtherDelta\'s original contract.\" - [Trade Ogre](https://tradeogre.com/markets) apparently are fast and have low fees, but they don\'t have many tokens listed. - [Next.Exchange](https://next.exchange/) call themselves a hybrid decentralized crypto exchange, although it is vague/unclear how their exchange model works. Projects that have not been released yet (as of Dec 14 2017) includes: - [BTCrelay](http://btcrelay.org/) : - [More information](https://medium.com/@ConsenSys/taking-stock-bitcoin-and-ethereum-4382f0a2f17) (about ETH/BTC 2-way peg without modifying bitcoin code). - [BTCrelay audit](http://martin.swende.se/blog/BTCRelay-Auditing.html) List of centralised exchange marketplaces ========================================= Exchange Currencies -------------- ------------------------- Poloniex BTC Kraken BTC, USD, EUR, CAD, GBP Gatecoin BTC, EUR Bitfinex BTC, USD Bittrex BTC Bluetrade BTC, LTC, DOGE HitBTC BTC Livecoin BTC Coinsquare BTC Bittylicious GBP BTER CNY Yunbi CNY Metaexchange BTC You can also search for \"\<insert your country\> Ether exchange\". There\'s also this: <https://myetherwallet.github.io/knowledge-base/faq/buying-selling-exchanging-eth-tokens-fiat.html>. For further info (which lists more exchanges), see [here](Getting-Ether:-further-info). Centralised fixed rate exchanges ================================ Exchange Currencies ------------------------------ -------------------------------- [Shapeshift](shapeshift.io) BTC, LTC, DOGE, Other [Karsha](https://karsha.biz) 75+ Crypto/ERC20, 3 Fiat (USD) [Bity](https://bity.com) BTC, USD, EUR, CHF Trading and price analytics =========================== - [ETH markets exhaustive listing by volume on coinmarketcap](https://coinmarketcap.com/currencies/ethereum/#markets) - Aggregating realtime stats of major ETH markets: - [Tradeblock](https://tradeblock.com/ethereum) - [EthereumWisdom](http://ethereumwisdom.com) - [Cryptocompare](https://www.cryptocompare.com/coins/eth/overview) - [Coinmarketcap](https://coinmarketcap.com/currencies/ethereum/) - [EthGasStation](https://ethgasstation.info) is useful for checking the gas price to set before making a transaction lists, as well as checking [Gas Guzzlers, or the \'Top 10 ETH Contracts By Transaction Count Over the Last 1,500 Blocks\'](https://ethgasstation.info/gasguzzlers.php) Online wallets, paper wallets, and cold storage {#online-wallets-and-storage-solutions} ----------------------------------------------- ::: {.todo} This is here just a dumping ground of links and notes Please move this over in a listing form to ecosystem Keep examples here, maybe explain paranoid practices, list dangers ::: - Mist Ethereum Wallet : - [Releases to download](https://github.com/ethereum/mist/releases) - [Mist Ethereum Wallet developer preview](https://blog.ethereum.org/2015/09/16/ethereum-wallet-developer-preview/) - foundation blog post - [How to easily set up the Ethereum Mist wallet!](https://www.youtube.com/watch?v=Z6lE0Ctaeqs) - Tutorial by Tommy Economics - Kryptokit Jaxx : - [Jaxx main site](http://jaxx.io/) - [Mobile release](http://favs.pw/first-ethereum-mobile-app-released/#.VsHn_PGPL5c) - Etherwall : - [Etherwall website](http://www.etherwall.com/) - [Etherwall source](https://github.com/almindor/etherwall) - MyEtherWallet : - [MyEtherWallet website](https://www.myetherwallet.com/) - [MyEtherWallet source](https://github.com/kvhnuke/etherwallet/) - [Chrome extension](http://sebfor.com/myetherwallet-chrome-extension-release/) - Cold storage : - [Icebox](https://github.com/ConsenSys/icebox) by [ConsenSys](https://consensys.net/) - Cold storage based on lightwallet with HD wallet library integrated. - [Reddit discussion 1](https://www.reddit.com/r/ethereum/comments/45uvmy/offline_cold_storage_question/offline_cold_storage_question) - [How to setup a cold storage wallet](https://www.reddit.com/r/ethereum/comments/48wfbv/eli5_how_to_setup_a_cold_storage_wallet_as/) - Hardware wallet : - [reddit discussion 2](https://www.reddit.com/r/ethereum/comments/45siaq/hardware_wallet/) - [reddit discussion 3](https://www.reddit.com/r/ethereum/comments/4521o4/crowdfunding_ethereum_hardware_cold_storage_wallet/) - Brain wallet : - brain wallets are not safe, do not use them. <https://www.reddit.com/r/ethereum/comments/45y8m7/brain_wallets_are_now_generally_shunned_by/> - Extreme caution with brain wallets. Read the recent controversy: <https://reddit.com/r/ethereum/comments/43fhb5/brainwallets> vs <http://blog.ether.camp/post/138376049438/why-brain-wallet-is-the-best> - Misc : - [Kraken Wallet Sweeper Tool](https://www.kraken.com/ether) - Pre-sale wallet import - [Recommended ways to safely store ether](http://ethereum.stackexchange.com/questions/1239/what-is-the-recommended-way-to-safely-store-ether) - [How to buy and store ether](http://sebfor.com/how-to-buy-and-store-ether/) - [A laymen\'s intro into brute forcing and why not to use brain wallets](http://www.fastcompany.com/3056651/researchers-find-a-crack-that-drains-supposedly-secure-bitcoin-wallets) - [Pyethsaletool](https://github.com/ethereum/pyethsaletool/blob/master/README.md) - [Account vs wallet](https://www.reddit.com/r/ethereum/comments/47j3r5/eli5_accounts_vs_wallet_contracts_on_mist/)