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Ether (ETH) exchanges in Iceland: buy, sell & swap

Ether (ETH) key market data:

  • type: Cryptocurrency
  • consensus: PoW
  • Smart Contracts
  • market cap: $474,105,089,968
  • market rank: #2
  • supply total:
  • supply available: 118,101,803
  • mineable
  • ETH/USD: $3983.46 | ETH/ISK: 512472.12

Ether is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was developed by Vitalik Buterin from CA and first released July 30th, 2015. Nowadays the cryptocurrency is managed by the Ethereum Foundation, an organization based in the CH. Smart Contracts are supported by the Ether blockchain. The official Ether website is https://www.ethereum.org.

As of today, October 27th, 2021, out of totally available ∞ ETH, 118,101,803 are in circulation. It's possible to mine ethers. The total market capitalization of ether is $474,105,089,968, the rank among other cryptocurrencies (based on the capitalization) is #2. The current rate of 1 ETH is $3983.46 USD; converting to the national currency of Iceland, the rate is 512472.12 ISK for 1 ETH.

Ethereum is the first cryptocurrency that made Smart Contracts a popular and rather a widely used technology; a lot of companies from startups to large corporations showed interest to it. Smart Contracts code is executed by the Ethereum Virtual Machine (EVM). The platform uses a token called Ether (ETH) as a form of compensation for the nodes participating in Smart Contracts executing. There is an internal transaction pricing mechanism, based on “Gas” a tiny fraction of ETH used especially for payments to the miners. Although there is no hard cap of the total supply of Ethereum tokens (i.e. it's unlimited if given infinite time), the fixed amount of coins mined every year and the miner reward decrease following network updates aim to decrease inflation over time.

Ethereum development was funded by the means of ICO, about 13% of coins currently in circulation were distributed during the offering. In 2016 Ethereum introduced DAO (Decentralized Autonomous Organization) project that collapsed due to a bug in software code; an unknown hacker managed to draw funds in equivalent to over 50 million USD (based on rates of 2016). The Ethereum community decided to create a hard fork (an "alternative reality" where was no heist; the majority of users agreed to switch to this one) of the network to restore the funds. Some members were against such a decision; the original chain where the stolen funds remained under the hacker control became maintained by the group of enthusiasts called it Ethereum Classic (ETC).

Ethereum smart contracts and the ERC-20 protocol standard for tokens became de-facto a standard for Initial Coin Offering (ICO)s, a type of crowdfunding using cryptocurrencies became popular in 2017. ICOs are often used by the startups as a form to raise capital from the mass investors, making it almost an equivalent of IPO in a mainstream investment world, although with significantly fewer expenses and much less regulation. As for 2019, Ethereum remains a leading blockchain platform for the ICOs.

  • Ethereum 2.0 — a massive network update, meant to help the Ethereum scale, is scheduled to take several years to implement. The major goals of the update are to introduce a proof-of-stake (PoS) consensus mechanism (that will eliminate the need for the expensive and energy-consuming mining process) and to introduce a process called "sharding". Sharding means dividing the network into multiple shards, allowing to process many transactions concurrently, improving the money transfer speed and maximal transaction capacity.

Top Ether exchanges

Ether is currently supported by 90% of exchanges (18 of 20) currently having active orders at ExchangeRates.Pro: 6 Exchange Brokers, 8 Trading Platforms, 2 eWallets, and 2 P2P Marketplaces have offers, allowing you to buy and sell ETH. Let's check and compare which of these exchanges will suit you the best, dear visitor!

Our choice: the best exchange for Ether in Iceland

There are some worthy and undoubtedly good, trusted exchanges among the ones with ETH support. One of them, Binance trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Ether. The service is extraordinarily fine, very few of the rest 328 exchanges and 15 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making Binance an ideal trading platform for buying, selling and exchanging ETH in Iceland:

Binance website: the home page in English

BINANCE is a Trading Platform; Binance Europe Services (dba Binance) had started the project back in April 2017. The company is incorporated in the Malta and headquartered in Ta’Xbiex. The official street address of Binance is Melita Court, Level 3, Triq Giuseppe Cali, Ta’Xbiex. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 47 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BTG, BTT, BUSD, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KMD, KSM, LINK, LSK, LTC, MATIC, MIOTA, NEO, OMG, REP, SKL, SOL, SUSHI, THETA, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, XVG, ZEC, ZRX.

The customers are welcome to buy and sell coins and tokens with 45 national aka fiat currencies: AED, AUD, AZN, BGN, BRL, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, SGD, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR. Totally 9 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, binance.com is offering some other services, that could be interesting for crypto-users, like Mobile wallet, ATM Cards, Cash codes, Lending, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity), P2P Marketplace, NFT Marketplace. Impressive, right? The features that our users enjoy the most out of this wonderful platform:

  • It is an officially registered Money Service Business. The firm applied for and received all the required licenses, it's watched over by the regulators and is fully compliant with the laws
  • The website has being online and operational for years; it started up 4 years and 6 months ago
  • The platform allows deposits/withdrawals in 47 cryptocurrencies and 45 national ones. In total, you may choose from 9 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: Mobile wallet, ATM Cards, Cash codes, Lending, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity), P2P Marketplace and NFT Marketplace
  • The commissions are very competitive: 0.1% — 4.0% determined by the method of sending/receiving the funds; and you won't break the bank, converting either lump sums or insignificant amounts
  • The limitations Binance sets for buy and sell operations are high indeed, one of the highest available on the market: $15.00 up to $15,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
  • The feedback from the clientele is good, 100%, 18 out of 18 are very happy and pleased with their experience at Binance. As per the details we got from the real clients:
    • Customer care is exemplary, the best
    • The speed of the payments processing is lightning fast, instant
    • The KYC process is always super-fast

Binance currently provides 4 ways of purchase and sale Ethers in Iceland with the national currencies and the most exciting news are that the payments in Icelandic Krónas are possible:

  • Visa & Mastercard, a payment system of credit/debit cards type.
  • Advanced Cash, a way to pay locally or internationally.
  • Etana, a way to pay locally or internationally.
  • SEPA Transfer, a payment system of international bank transfers type. Currently can use only while selling.

Sweet! Buying and selling with fiat aside, there are 46 cryptocoins and tokens exchangeable with ETH: AAVE, ADA, BCHABC, BNB, BTC, BTG, BUSD, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KMD, KSM, LINK, LSK, LTC, MATIC, MIOTA, NEO, OMG, REP, SKL, SOL, SUSHI, THETA, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, XVG, ZEC, ZRX can be converted to Ether and vice versa any time you please.

Time to make a conclusion. Our platform of choice to exchange Ether is

Binance, an absolutely secure, highly trusted trading platform, rated 100/100. Such scoring result is a great achievement indeed, only a few competing websites could get such a big rating! Let's break down why the binance.com exchange managed to get such rating and what does this mean:
Time in the business: 4 years 6 months
Feedback count: 18
Reviews: 17 positive, 0 negative, 1 neutral
Business model: licensed, fully compliant
Order Speed: instant
Support Quality: perfect
Verification Speed: fast (less than 5 mins)
UI Usability: unknown

Overall Binance score: 100 / 100

Top two ETH exchanges to buy/sell in Iceland

Iceland flag

Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap eth with fiat (national) currencies. Here are the top two exchanges to buy and sell ethers in Iceland:

  1. Binance a Trading Platform established April, 2017. Transparent and legally compliant business with all the required business licenses and permissions. Great news! Binance supports your local currency Icelandic Króna; feel free to use any of these 4 banks and payment systems to buy and sell Ether domestically:
    • Visa & Mastercard (credit/debit cards). Can use for the purchasing and withdrawals likewise.
    • Advanced Cash. Can use for the purchasing and withdrawals likewise.
    • Etana. Can use for the purchasing and withdrawals likewise.
    • SEPA Transfer (international bank transfers). Though just withdrawals are currently possible.
    Amazing opportunity! | 18 reviews, 100% positive check out ETH/ISK @ Binance!
  2. LocalCoinSwap a P2P Marketplace established December, 2017.

The rest of safe, fast, easy to use ETH exchanges worldwide

exchanges worldwide

Besides the abovelisted great exchanges, serving Iceland and allowing domestic payments in Icelandic Króna among other countries and currencies, there are also very good international ones among the websites exchanging ethers. Hence if you need ISK|ETH exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Ether using USD, etc. or swap it with various coins and tokens, feel free to check this selection of top ten highest-ranked ETH exchanges from all around the world:

  1. Kraken a Trading Platform started business July, 2011. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 4 payment systems to buy and sell Ether with EUR, USD. Apart from that, feel free to swap ETH to/from 31+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 3 testimonials, 100% gave maximal rank
  2. EXMO a Trading Platform started business May, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 5 payment systems to buy and sell Ether with EUR, USD. Apart from that, feel free to swap ETH to/from 25+ coins and tokens. | 20 testimonials, 95% gave maximal rank
  3. Wirex an e-wallet started business November, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 3 payment systems to buy and sell Ether with EUR, USD. Apart from that, feel free to swap ETH to/from 19+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 18 testimonials, 94% gave maximal rank
  4. Raidofinance a Broker started business February, 2019. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 2 payment systems to buy and sell Ether with EUR, USD. Apart from that, feel free to swap ETH to/from 2+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 7 testimonials, 100% gave maximal rank
  5. Kuna a Trading Platform started business January, 2016. There are 3 payment systems to buy and sell Ether with USD. Apart from that, feel free to swap ETH to/from 3+ coins and tokens. | 4 testimonials, 100% gave maximal rank
  6. Changelly a Broker started business December, 2013. There are 1 payment systems to buy and sell Ether with USD, EUR. Apart from that, feel free to swap ETH to/from 40+ coins and tokens. | 17 testimonials, 94% gave maximal rank
  7. MagratuS a Broker started business May, 2012. There are 2 payment systems to buy and sell Ether with EUR, USD. | 3 testimonials, 100% gave maximal rank
  8. BitMyMoney an e-wallet started business May, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 1 payment systems to buy and sell Ether with EUR. | 2 testimonials, 100% gave maximal rank
  9. CoinFalcon a Trading Platform started business October, 2017. There are 3 payment systems to buy and sell Ether with EUR. Apart from that, feel free to swap ETH to/from 8+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 2 testimonials, 100% gave maximal rank
    Gift available!
  10. AlfaCashier a Broker started business May, 2012. There are 2 payment systems to buy and sell Ether with EUR, USD. Apart from that, feel free to swap ETH to/from 23+ coins and tokens. | 2 testimonials, 100% gave maximal rank

By the way, exchanges that accept IS, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell ether using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either

  • find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro.
  • ...or just explore the great websites listed above to find out which one you prefer!

Where to buy ETH

Are you looking for the best place to buy ethers? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell ETH, based on your location and preferences.

Where can you buy ETH in Iceland

At this moment, there are 1 offers to buy Ether in Iceland. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:

  • Visa & Mastercard in ISK, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 1 times

Easiest, safest, fastest ways to buy eth worldwide

We've compared a lot of offers to find the top ones; right now we have 77 ways for you to purchase ether available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Icelandic Króna, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase ETH crypto:

  • Any Local Bank in EUR you are supposed to pay by the Local Banks. Note that you will be able to pay from any local bank account! Suggested in 4 offers
  • Any Local Bank in USD you are supposed to pay by the Local Banks. Note that you will be able to pay from any local bank account! Suggested in 2 offers
  • Visa & Mastercard in EUR Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 8 offers
  • Visa & Mastercard in USD Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 6 offers
  • Skrill in USD you are supposed to pay by the e-wallet. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 5 offers
  • Paypal in EUR from 232 countries. Actually it's a multi-currency option, you are supposed to pay by the e-wallet. A multi-country payment system. Suggested in 3 offers
  • Paypal in USD from 232 countries. Actually it's a multi-currency option, you are supposed to pay by the e-wallet. A multi-country payment system. Suggested in 3 offers
  • Skrill in EUR you are supposed to pay by the e-wallet. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 1 offers
  • Cash in Person in USD Actually it's a multi-currency option, you are supposed to pay by the Cash Payments. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 5 offers
  • Cash by Mail in EUR Actually it's a multi-currency option, you are supposed to pay by the Cash Payments. This way to send fiat money will work worldwide. Iceland, etc. are covered. Suggested in 1 offers

Where to sell ETH

Even the greatest ETH HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell ethers to Icelandic Króna and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Easiest, safest, fastest ways to sell ETH worldwide

Sometimes you may need to transfer the money to another country. If you are holding ETH, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 110 options to out-exchange the eth to fiat; the most frequently used banks, money transfer operators and global payment systems are:

  • Any Local Bank in USD to any country in the world including Iceland, etc: the funds will be sent by the Local Banks. You will be available to fund any local bank account this way! Suggested in 4 deals
  • Any Local Bank in EUR to any country in the world including Iceland, etc: the funds will be sent by the Local Banks. You will be available to fund any local bank account this way! Suggested in 1 deals
  • Visa & Mastercard in EUR, can be also used with any of other currencies; to any country in the world including Iceland, etc: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send ETH! Suggested in 3 deals
  • Visa & Mastercard in USD, can be also used with any of other currencies; to any country in the world including Iceland, etc: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send ETH! Suggested in 1 deals
  • Paypal in USD, can be also used with any of other currencies; to 232 countries: the funds will be sent by the e-wallet. Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send ETH! Suggested in 11 deals
  • Paypal in EUR, can be also used with any of other currencies; to 232 countries: the funds will be sent by the e-wallet. Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send ETH! Suggested in 5 deals
  • Skrill in USD to any country in the world including Iceland, etc: the funds will be sent by the e-wallet. You can transfer money wherever you need! Suggested in 3 deals
  • Skrill in EUR to any country in the world including Iceland, etc: the funds will be sent by the e-wallet. You can transfer money wherever you need! Suggested in 2 deals
  • AirTM in USD, can be also used with any of other currencies; to any country in the world including Iceland, etc: the funds will be sent by the Mobile Payments. You can transfer money wherever you need! Suggested in 2 deals
  • Paysera in USD to any country in the world including Iceland, etc: the funds will be sent by the Mobile Payments. You can transfer money wherever you need! Suggested in 1 deals

Where to swap ETH

Did you know that it's possible to exchange ETH to 46 other cryptocurrencies? It's possible to convert Ether to/from 94% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 453 swap possibilities with ETH and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap ETH with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:

  • Bitcoin (BTC): that's a popular Cryptocurrency. There are 71 proposals (33 allow to convert from BTC to ETH and 38 that are converting in opposite direction.
  • Tether (USDT): that's a popular Stablecoin. There are 22 proposals (11 allow to convert from ETH to USDT and 11 that are converting in opposite direction.
  • Ripple (XRP): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from ETH to XRP and 8 that are converting in opposite direction.
  • Litecoin (LTC): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from ETH to LTC and 8 that are converting in opposite direction.
  • OmiseGO (OMG): that's a popular Token. There are 15 proposals (8 allow to convert from ETH to OMG and 7 that are converting in opposite direction.
  • Chainlink (LINK): that's a popular Token. There are 14 proposals (7 allow to convert from ETH to LINK and 7 that are converting in opposite direction.
  • MakerDAO (DAI): that's a popular Stablecoin. There are 14 proposals (7 allow to convert from DAI to ETH and 7 that are converting in opposite direction.
  • Cardano (ADA): that's a popular Cryptocurrency. There are 14 proposals (7 allow to convert from ADA to ETH and 7 that are converting in opposite direction.
  • USD Coin (USDC): that's a popular Stablecoin. There are 14 proposals (7 allow to convert from ETH to USDC and 7 that are converting in opposite direction.
  • Augur (REP): that's a popular Token. There are 12 proposals (6 allow to convert from ETH to REP and 6 that are converting in opposite direction.

Similar cryptocurrencies, that can overcome Ether:

Bitcoin Cash (BCH)

  • rank: #22
  • type: Cryptocurrency

Dogecoin (DOGE)

  • rank: #11
  • type: Cryptocurrency

Monero (XMR)

  • rank: #43
  • type: Cryptocurrency

Ether Classic (ETC)

  • rank: #32
  • type: Cryptocurrency

Litecoin (LTC)

  • rank: #18
  • type: Cryptocurrency