How to buy EthereumMax online

The EthereumMax cryptocurrency leapt to public attention thanks to a series of celebrity endorsements. Use this guide to cut past the noise and find out what it’s all about.
By: James Knight
James Knight
When he isn’t at work, James is an avid trader and golfer who likes to travel. He once fed,… read more.
Updated: Jul 1, 2021
Tip: our preferred broker is, eToro: visit & create account

This beginner’s guide introduces the EthereumMax coin and explains how it works. Learn about its future prospects and compare the best places to get it.

Compare where to buy EthereumMax, and open an account

To get your hands on EthereumMax right away, use one of the platforms below. These brokers are the best around, ideal for beginners and advanced users alike. To learn more about EthereumMax before you start, scroll down to keep reading.

1
Min. Deposit
$50
Exclusive promotion
Our score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA
2
Min. Deposit
$1
Exclusive promotion
Our score
9.3
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
Cryptocurrencies
Full regulations list:
3
Min. Deposit
$20
Exclusive promotion
Our score
8.7
Margin Trading with full legal compliance
Cryptocurrency staking
Various Payment options
Start Trading
Description:
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies, Skrill
Full regulations list:

What is EthereumMax?

EthereumMax is a cryptocurrency that’s used as a means of payment, particularly for cultural events like concert tickets or boxing matches. It also promises a reward to anyone who holds the coin, with 2% of every transaction distributed among existing users.

The coin rose to prominence in May 2021 when it was promoted by Floyd Mayweather during his fight with the Youtube star, Logan Paul. It claims to have been the exclusive cryptocurrency of that fight and the only way to buy tickets with crypto, although whether that’s true or not is unclear.

Celebrity endorsements, along with some vague promises about how it works, are a feature of EthereumMax so far. Most notably, Kim Kardashian has been paid to promote it, while it claims to have an NFT marketplace in the works.

How does EthereumMax work?

The simple answer is that we don’t know. There is very little information about EthereumMax out there. There’s no white paper – usually standard for a cryptocurrency where the developers explain how it works – and not much else outside of some splashy social media ads.

That said, cryptocurrencies normally work by recording the movement of coins on a blockchain. The blockchain is like a database that stores the online addresses of everyone who owns coins and tracks money as it moves between them. EthereumMax almost certainly works in a similar way.

How to buy EthereumMax online – a step-by-step guide

Step 1. Find an exchange

The best place to buy EthereumMax tokens is on an exchange platform. Exchanges come with a variety of features but they have the widest range of altcoins and are always the first to add new tokens. A couple of the top exchanges around are:

  • Binance: Binance is the biggest exchange in the world and is a great place for any beginner to start. Its academy is packed with information and its ‘lite’ interface is really easy to use. Sign up to Binance >
  • Kucoin: Another beginner-friendly platform that comes with a simple interface, Kucoin offers a huge range of coins and tokens, and even more means to swap between them.  Join Kucoin now >

Step 2. Sign up and fund your account

In order to use an exchange you have to create an account and provide a form of photo ID. It’s a short and simple process that should only take a few minutes. Then the best way to fund the account is via a bank transfer or a credit/debit card. 

Step 3. Purchase

Search for EthereumMax using its ticker symbol, EMAX. The list of pairs that shows up includes all the options you have to pay for the coins. None of them are going to include a fiat currency (like GBP or USD) just yet, smaller coins tend only to be available through another cryptocurrency.

The best way to get around this is to swap your fiat for Bitcoin or Ethereum, and use that to get EthereumMax. Choose how many coins you want and execute the trade.

Step 4. (Optional) Get a suitable wallet

The final step is deciding where to store your new coins. You can leave them on an exchange without too many problems, but a crypto wallet is more secure. Wallets come in many different forms and here are two of the best ones around.

  • Trezor: Trezor is a hardware wallet that’s shaped like a USB stick. It stores your coins completely offline and you access them by plugging the stick into your computer. Get Trezor today >
  • CoolWallet: CoolWallet has a unique take on a hardware wallet as you can manage your money through your mobile phone. The wallet itself is a thin, card-like device, while the mobile app connects to it over bluetooth. Join CoolWallet now >
1
Min. Deposit
$1
Exclusive promotion
Our score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
Cryptocurrencies
Full Regulations:

How to trade EthereumMax – a step-by-step guide

Step 1. Find a broker

To trade cryptocurrency you need to find a broker that charges low fees. To be a good trader, you need to be able to make a lot of moves and high fees can eat away at your capital. At the moment, EthereumMax is too small a coin to be available through a broker but when that changes, the likes of eToro or Plus500 are good places to try.

Step 2. Deposit money

To use a broker you have to create an account and fund it with a fiat currency. Brokers usually charge a fee for deposits (and withdrawals), so it’s important to look at a platform’s fee structure before you sign up. Bank transfers and debit cards are usually the cheapest option, while alternative methods like PayPal might be more expensive.

Step 3. Decide how you’d like to trade

The most common way to speculate on cryptocurrency is with an asset known as a contract for difference (CFD). CFDs represent the price of a coin, and you can buy or sell them depending on how you expect the price to move. The profit you make is the difference between the price on the day you bought and sold it.

Step 4. Start trading 

New traders might want to start with a demo account, which is a feature offered by most of the top brokers. Demo (or virtual) accounts let you trade without putting your own money at risk, instead using virtual money to practice and get used to the ebbs and flows of the market.

You should combine your own research with a look at the latest news in order to decide how to trade a coin. That information should influence whether you want to take a long (buy) or short (sell) position in EthereumMax.

Later, as you get more experience, you can introduce alternative strategies in order to try to make more of a splash. The most commonly used is leverage, which is when you borrow money from a broker in order to make trades exponentially bigger than you would be able to otherwise. This is risky though, and your losses can mount up just as fast as wins.

1
Min. Deposit
$50
Exclusive promotion
Our score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA

Still undecided?

To help you come to a decision over whether EthereumMax is for you, we’ve pulled together all the pros and cons into the table below. After that, read on for a discussion on finding the right time to buy and what the future might look like.

Pros

  • You can use EthereumMax to pay for event tickets
  • There’s the potential to earn interest on the coins you hold

Cons

Finally, here are three more questions to help you decide whether to invest in EthereumMax.

1. Is it a good time to buy EthereumMax?

It might be better to wait for more information before you put money into EthereumMax. However, if you believe in the project or want to use the coins to pay for event tickets (particularly boxing), then it could be a good time to get some.

If you’d rather trade the coins to try to make a quick profit, then the fundamentals are less important. You want to consider the current price and analyse whether you can take advantage of its fluctuations. Below you can find our analysts’ expert advice to help you.

2. What problem does EthereumMax solve, and what are the coin’s investment prospects?

In theory it offers a way to put cryptocurrency to practical use, most notably spending on tickets to sporting events. There isn’t much substance explaining how that’s going to work just yet, though.

Its investment prospects depend entirely on how quickly it releases that substance. The company’s road map includes a lot of steps, like an audit and the white paper, along with an NFT marketplace, that could transform it into a viable cryptocurrency. Until that information comes out into the open it’s hard to judge the project.

For that reason it pays to be cautious. If you do decide to invest, only put a small amount of money into it and pay close attention to the EthereumMax website and social channels so that you know as soon as it releases more details. You can also use our latest news links below to help with that.

3. Do you want to hold EthereumMax for the long term?

Sometimes that’s the right move, while at others it’s better to get in and out quickly. It depends on your goals and abilities, as well as the state of the market as a whole. Here are a couple of final considerations, depending on which camp you fall into.

Considerations for a long term investment strategy

If you expect the EthereumMax price to keep rising over time, then the best bet is to get some coins right away. Find an exchange to do so and then consider getting a wallet to store the coins.

Considerations for a short term trading strategy

Short term traders don’t need to worry about the fundamental strength of a coin. Instead, focus on technical analysis of the price, then choose a broker that charges low trading fees.


Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Financial writer
When he isn’t at work, James is an avid trader and golfer who likes to travel. He once fed, rode, and ate an ostrich all on… read more.