-0.77% Bitcoin (BTC) 18582.78 EUR
+0.14% Ethereum (ETH) 1012.06 EUR
-2.89% Litecoin (LTC) 49.33 EUR
+2.16% B-Cash (BCH) 98.32 EUR
+0.81% Ethereum (ETH) 0.0549642 BTC
-2.02% Litecoin (LTC) 0.00268256 BTC
+2.70% B-Cash (BCH) 0.0053631 BTC
-0.89% Bitcoin (BTC) 19390.5658 USDC
+0.32% USD Coin (USDC) 0.95 EUR
-0.97% Bitcoin (BTC) 19404.524 USDT
+0.33% Tether (USDT) 0.95 EUR
+0.32% Chainlink (LINK) 5.88 EUR
+1.33% Chainlink (LINK) 0.00032001 BTC
+3.20% Dogecoin (DOGE) 0.06 EUR
+5.10% Dogecoin (DOGE) 0.0000035 BTC
-1.23% Uniswap (UNI) 4.59 EUR
-0.72% Uniswap (UNI) 0.00024987 BTC
+0.31% Cardano (ADA) 0.43 EUR
+0.94% Cardano (ADA) 0.00002357 BTC
+0.55% Tron (TRX) 0.06 EUR
+1.18% Tron (TRX) 0.00000341 BTC
+0.10% Shiba Inu (SHIB) 0.0000097 EUR
-0.11% Zcash (ZEC) 50.87 EUR
+1.47% Zcash (ZEC) 0.0027775 BTC
+5.16% Basic Attention Token (BAT) 0.39 EUR
+7.02% Basic Attention Token (BAT) 0.00002133 BTC
-0.04% TradeFlow (TFLOW) 0.06113446 BUSD

Choose your favorite crypto

Bitcoin Bitcoin Ethereum Ethereum B-Cash B-Cash Litecoin Litecoin Chainlink Chainlink Tether Tether USD Coin USD Coin Dogecoin Dogecoin Uniswap Uniswap Shiba Inu Shiba Inu Cardano Cardano Tron Tron Binance USD Binance USD Binance Coin Binance Coin Zcash Zcash Basic Attention Token Basic Attention Token

Ethereum (ETH)

What is Ethereum?

 
Ethereum was first proposed in 2014 by developer Vitalik Buterin. It is a blockchain-based, decentralized software platform used for its cryptocurrency (ether) like Bitcoin. But while Bitcoin is used primarily as a store of value, the idea behind Ethereum is to decentralize other kinds of applications and services, from social media networks to more complex financial agreements. Its goal is to replace internet third parties – those that store data and keep track of complex financial instruments. It could be said that while Bitcoin is more like an email, Ethereum has more in common with the web browser.
It uses a “virtual machine” run on a platform-specific cryptographic token, Еther. Ether is used mainly for two purposes: 
  • it is traded as a digital currency exchange like other cryptocurrencies
  • it is used inside Ethereum to run applications
 

How does Ethereum work?

 
Ethereum is a platform that makes it easier to create applications that aren’t managed or controlled by one entity. Instead, they are governed by code. Ethereum consists of several principles:
  • Smart contracts (they make it possible to encode the conditions under which money can move within the money itself, negating the need to trust an intermediary)
  • The Ethereum Virtual Machine (EVM) (each Ethereum node also has an Ethereum Virtual Machine that creates the smart contracts; all the nodes run in sync)
  • The Ethereum blockchain (it is very similar to Bitcoin’s – it consists of all transaction history)
  • Ether (Ether is needed for doing anything on Ethereum, and when it’s used to execute smart contracts on the network it’s often referred to as “gas.”)
  • Proof-of-work (this algorithm, that was first put into action by Bitcoin, is what keeps these far-flung nodes in sync)
 

Benefits of Ethereum Blockchain?

 
  • Irreversible transactions
  • Decentralized
  • Fast Transactions
  • Secure (all transactions are cryptographically secured)

 

How to buy Ethereum?

 
  1. Create an account
  2. Verify your identity
  3. Fund your account and start trading Ethereum on X1
 

What to do after buying Ethereum?

 
  • Store/Hold Ethereum
You can safely store your ETH in your account or your crypto wallet.
  • Trade Ethereum
You can trade ETH for other cryptocurrencies.
  • Send Ethereum
You can send it to anyone and anywhere with their ETH address.
  • Use Ethereum tokens as payment for transactions