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Ethereum (ETH) Rate Today - Live Price Feeds & Historical Data
What is Ethereum? As the two leading cryptocurrencies by market cap, Bitcoin and Ethereum are often referred to in the same context. Therefore, it can be difficult for beginners to immediately understand what Ethereum means and how it differs radically from BTC. On this page, we will explain what is ETH.
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What is ETH?
What is Ethereum? As the two leading cryptocurrencies by market cap, Bitcoin and Ethereum are often referred to in the same context. Therefore, it can be difficult for beginners to immediately understand what Ethereum means and how it differs radically from BTC. On this page, we will explain what is ETH.
In simple terms, what is Ethereum crypto? Ethereum cryptocurrency is an open-source software platform based on blockchain technology. This platform allows developers to create and deploy decentralized applications (apps) on it, such as Status or Metamask. On the official website, you will find the following description of what is Ethereum:
"Decentralized platform using smart contracts: Apps that act as legal contracts without any risk of downtime, censorship, fraud or third-party intervention."
The Ethereum crypto was created in 2013 by a Canadian programmer of Russian origin - Vitalik Buterin in collaboration with Gavin Wood.
Now that you know what Ethereum means, it's interesting to know that it's pretty easy to buy Ethereum. All you just need to follow these 4 steps:
- Create an account on any reliable crypto exchange of your choice
- Go through the verification process
- Fund your exchange account with fiat currency
- Start exchanging ETH USD
Once you buy Ethereum, you probably want to move them off the exchange to virtual ETH wallets until you wish to sell Ethereum.
Ethereum price chart
Ethereum currency is one of the most profitable investment options for the entire history of the financial market. When trading Ethereum currency, a trader needs to conduct technical analysis with an ETH price chart, which will give a lot of information to decide on a deal. So, on the Ethereum graph, using technical analysis, you can estimate the possible direction of the price of Ethereum in USD and the target.
There are going to be times of uncertainty and questions about the medium or long-term direction of ETH to the US dollar. In this situation, trading based on technical analysis on the ETH candlestick chart will be one of the best solutions.
How much is Ethereum worth? Recently, the price of Ethereum in USD has risen dramatically to all-time highs. Looking at the ETH stock chart, the price of ETH to US dollar is hovering around $3,035.
In addition to analyzing the asset itself on the Ethereum live chart, it is necessary to study the conditions of the trading platform (spreads, rollovers, the presence of leverage, and its size).
Ethereum News
If you want to trade ETH today, you can protect yourself from losses by staying updated with our daily analysis of the Ethereum to the USD exchange market. We also give you additional guidelines for opening your trades with the Ethereum latest news published regularly on our website.
Various ETH news may affect the price of Ethereum today. So, for example, in June 2017, the Ethereum price today collapsed after the ETH news of an algorithm failure. As a result, traders began to sell Ethereum and, thus, exacerbated the fall in the Ethereum price index. However, after a few seconds, the algorithms were restored. What happened next? The Ethereum to USD exchange went up again on the Ethereum trading platform.
As you can see, the volatility of digital currencies is enormous, and Ethereum to USD exchange rate can change every moment.