How to trade Ethereum and is it worth the trouble?
10 October 2017
10 October 2017
Ether (Ethereum, ETH) is one of the most promising cryptocurrencies today. For those ready to invest, Ethereum trading will bring huge benefits in the shortest term. Ethereum often occupies the second place in cryptocurrency rankings – immediately after Bitcoin – which indicates stability and high market capitalization. Therefore, if you are just considering the possibility of efficient investments in a cryptocurrency, these digital coins will be a nice finding for you.
Ether (ETH) is the internal currency of the Ethereum network. It can be used to pay for services inside the network, besides exchanges also trade Ethereum. Like Bitcoin, Ether can be mined.
Ethereum network is a blockchain platform intended for application development, created by Russian-born Canadian programmer Vitalik Buterin. Its operation is based on smart contracts.
The network provides developers with tools needed to set up and promote their own projects. Today there are thousands of applications launched on Ethereum. In everyday life, the word Ethereum is also used to denote the cryptocurrency.
Ethereum developer Vitalik Buterin (Russia/Canada)
Unlike Bitcoin, Ether has not initially claimed to be a worldwide currency. That is why its market adheres to other rules. Here are its main peculiarities:
Apart from mining, users can exchange Ethereum for both fiat money (mainly dollars) and Bitcoins. But is it worth the trouble? How secure and profitable is such an investment?
Ether is a young currency and its exchange rate is prone to serious fluctuations, sometimes reaching 30% per day. It is hard to make forecasts about the future of ETH tokens; some people predict that Ethereum will outrun Bitcoin in terms of popularity, and others expect a failure. Therefore, not everyone is ready to consider this cryptocurrency as an object for long-term investments, and some traders prefer to trade Ethereum, earning money on price surges and drops. In addition, for many people, it is a good way to diversify their portfolio.
Changes in Etherеum exchange rates from May to October 2017
If you are interested in Ethereum from the perspective of making investments, you have to make just several steps to invest in this cryptocurrency:
That is a simplified scheme of how to trade Ethereum. Before starting, learn more about the cryptocurrency protection and analyze fees and restrictions of the chosen exchange platform.
Learn more at Blockchain & Bitcoin Conference Malta!
December 7, 2017
St George`S Bay, St Julians
Malta will become the hub of the fintech industry in Europe!
Three intensive conference sections:
• Blockchain solutions in practice
• ICO trends
• Panel discussion: Legal and Regulatory Challenges in Blockchain
Our participants are entrepreneurs and experts in legislation, blockchain developers, investors, startup founders, bitcoin enthusiasts, financial specialists and bankers, lawyers, representatives of payment systems.
Why you should attend:
• 20 Top-notch Speakers and many industry experts;
• extensive business program of the Conference;
• 3 intensive conference sections;
• best well-known Sponsors;
• more than 16 outstanding Exhibitors
We will be glad to see everyone at Blockchain & Bitcoin Conference Malta 2017!
Meet new speakers and key news of the conference