# [Beginner] How to buy Ethereum

By [Shushant](https://paragraph.com/@shushant) · 2024-01-19

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*   Ethereum is the “world’s computer”. It is unbounded by borders, powering the next generation of financial technology.
    
*   You can only do so much reading. To truly understand and appreciate the technology, onboard and explore the ecosystem yourself.
    

How to buy Ethereum from fiat
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*   Note: this tutorial assumes you are on desktop
    

### Create an account on coinbase.com

[https://accounts.coinbase.com/pick-your-account?origin=coinbase.com](https://accounts.coinbase.com/pick-your-account?origin=coinbase.com)

*   Its important to pick a CEX which you can depend on as it will be the early onramp from fiat into crypto.
    
*   Coinbase is my recommended Centralized Cryptocurrency Exchange (CEX) as they are reliable and make it easy to purchase Ethereum
    
*   Go through the onboarding flow. Note that you will be asked to
    

### Attach a funding source

*   On Coinbase, go to `Settings` → `Payments` → `Add a Payment Method`
    

### Purchase Ethereum

*   On Coinbase, go to `Buy & Sell` , select Ethereum as the asset, and select the payment method from last step as the source
    

### Create a self custody browser wallet (rabby)

[https://rabby.io/](https://rabby.io/)

*   Coinbase is a centralized party which holds your ethereum for you. In reality, you do not need the intermediary to hold your assets for you. With a browser wallet. you can self-custody your ethereum
    
*   download the extension and begin the set up process
    
*   Choose `Create new seed phrase`
    
    *   Seed phrase / mnemonic: This 12 to 24 phrase is the most important thing about your account. Think about it like your social security number. If someone is able to access this, they are able to take over your account
        
*   Set a password
    
    *   If someone is able to access your device, they still need to get pass your local password. Set this as a strong password that you will remember, as you will be using this password every time you want to use the browser wallet
        
*   After acknowledging the responsibility of self custody, select one of the addresses to add to rabby and copy the address to your clipboard.
    
    *   All of these addresses are derived from the 12 word seed phrase from the beginning. You only need 1 address for now and can add more addresses to rabby at any time
        

You are all set up now! by clicking on the rabby extension, you can see the set up wallet

### Send ETH from coinbase to your new wallet

*   Go to the main page on coinbase
    
*   Click `Send & Receive`
    
*   Select `Ethereum` as the asset to send
    
*   Click the `to` field
    
*   On the network tab, click the `Ethereum` network
    
*   Paste the created wallet address from the last step
    
    *   On the rabby extension, there is a copy extension at the top to copy the address to keyboard
        
*   Select the amount of ETH (or max for all eth) and click preview send
    
*   Click `Send Now`
    
*   NOTE: the ETH may take up to 20 minutes to appear on your wallet. You can periodically check the rabby app to see if it has been received
    

Celebrate
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You now have self custody ETH which you can use to interact with the many apps built on ethereum

A more in depth guide to ethereum and how to interact with Dapps (decentralized apps) will be posted soon.

If you benefited from this guide and want more, I would greatly appreciate a subscription (its free!).

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*Originally published on [Shushant](https://paragraph.com/@shushant/[beginner]-how-to-buy-ethereum)*