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Company Updates

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.

Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

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CryptoAltum does not accept any clients under the age of 18. 
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