Ethereum is a decentralized, peer-to-peer technology that enables people to create and manage digital assets. It is based on the blockchain, which is a distributed ledger that stores information about all cryptocurrency transactions in a secure and transparent way.
It was launched in 2013 by Vitalik Buterin as a way to build and deploy decentralized applications (dApps) and cryptoassets. It established token standards and paved the way for fungible (ERC-20) and non-fungible (ERC-7) tokens to be deployed on its network.
The most common use of ETH is as a digital currency, which is used to buy and sell goods and services online. The value of ETH can fluctuate based on market conditions.
To purchase ETH, you will need to connect your bank account or credit card to an exchange. Depending on the platform, fees may apply. Some platforms will allow you to fund your account directly with a bank transfer, while others require that you first establish an identity by uploading a photo of yourself or linking your credit card.
Buying Ether is easy and fast. Once you have created an account on a credit card Ethereum broker, enter the amount of ETH you would like to buy and choose a payment method. Once you’ve completed this step, the broker will hold the ETH for you.
You can then trade the ETH for other cryptocurrencies at any time. However, it is important to remember that there are risks associated with cryptocurrencies and that you should always seek independent advice when investing in them.
Ethereum is a global, open-source, decentralized platform for money and new kinds of applications that can be built anywhere in the world. Its community has built a booming digital economy, bold new ways for creators to earn online, and so much more.