After bitcoin, Ether is the second most valuable cryptocurrency and a popular purchase among cryptocurrency investors. Here are three exchanges to use if you want to buy Ethereum in Uganda.

Luno

Luno is one of Africa’s most popular cryptocurrency trading sites. Uganda, Nigeria, and South Africa are among the nations where it is available.

Luno is a cryptocurrency trading website that allows users to purchase and sell cryptocurrency using a variety of payment methods. Different cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin, are available to traders. Ugandans can use the Ugandan shilling to purchase Ethereum on this marketplace (UGX).

Clients can buy and sell cryptocurrency using an in-built cryptocurrency wallet. People can also keep track of their transactions using the wallet. All transactions are subject to a commission by Luno.

Apart from trading, Luno provides a variety of other services to help consumers get started with cryptocurrencies. One of these services is a learning portal. Luno’s learning site enables newcomers as well as those with varied levels of experience to gain a better grasp of bitcoin.

All you have to do to use Luno is register on their website via a web browser or their app. Then, in Uganda, you can deposit money in your fiat currency (UGX) and buy Ethereum with it.

How to buy ETH on Luno Uganda?

1. Visit https://www.luno.com or download the Luno Android or iOS app.
2. Create an account. You will receive a cryptocurrency and local currency wallet.
3. Verify your identity through the KYC process.
4. Deposit money in your local currency wallet.
5. Click “Buy Ethereum” to make your purchase and follow the prompts.
6. After a few minutes, you will have Ethereum in your crypto wallet. You can store it there or transfer it to another wallet

Remitano

Most African countries have access to Remitano, a peer-to-peer cryptocurrency exchange platform. It provides assistance to more than 30 countries, including Uganda. It functions as a secure platform for crypto trading. Through a safe mechanism called Escrow, users may purchase and sell cryptocurrencies with both fiat and other cryptocurrencies. This mechanism safeguards bitcoin buyers from paying for coins but not receiving them from the seller. Ugandans can use the Ugandan shilling to purchase Ethereum on this marketplace (UGX).

The site supports bank transfers as well as cryptocurrency payments. Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple’s XRP, and Tether are all supported cryptocurrencies.

Follow the steps below to buy from Remitano

1. Register on Remitano or Sign in if you already have an account.
2. On the main page (P2P Exchange tab), choose Buy now.
3. Enter the amount you want to buy and choose a suitable payment method.
4. Once you have filled those, a list of people on the platform willing to sell to you with your preferred payment method will be listed.
5. You can search through to find the most suitable offers for you.
6. Before picking an offer, make sure you take notice of the rating and reputation of the person on the other side of the deal.
7. Select the offer that suits you the most.
8. Once you send the seller your payment, confirm on the exchange that you have paid.
9. The seller would go on to validate the payment and release the Ethereum.
10. The ETH is transferred to your wallet in minutes.

Binusu.Com

Binusu is a Ugandan peer-to-peer trade that is open to everyone. This exchange allows you to purchase and sell Bitcoin and Ethereum for cash. Binusu has a local attraction for many people, although it is not as popular as Remitano and Luno.

To exchange on Binusu.com, make sure to follow these steps;

1. Register or Sign in to your account at https://binusu.com to start a transaction.
2. For new users, simply follow the instructions on the website to use the platform. The platform would request your name, National ID number, email address, and phone number.
3. Verification on your account takes about 10 minutes.
4. Specify the amount in UGX or ETH you would like to exchange. You would see the equivalent value you will receive instantly.
5. Click on Exchange Now to confirm your Ethereum order.