Ethereum (ETH) Explained
What is Ethereum?
Ethereum is the first smart contracting platform and the home of DeFi and NFTs. The project is developed by, among others, Vitalik Buterin, one of the current co-founders. Ethereum uses a Proof-of-Work consensus algorithm but plans to shift to a staking platform to be energy efficient and address scaling concerns. Native to Ethereum is ETH, the second most valuable cryptocurrency coin.
Why Trade ETH?
ETH is the second most valuable cryptocurrency with a decent market share. The network continues to develop and is a choice for most developers looking to launch DeFi and NFT projects. ETH is listed on CryptoAltum, paired versus BTC, fiat currencies, and other liquid assets. All traders can trade it with high leverage of up to 100X with low fees and zero commission from an easy-to-use MT5 trading platform.
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