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Questions you might have
What is Ethereum?
Ethereum (ETH) is a digital currency and a system that enables the creation, management, and execution of decentralized programs (DApps) through the use of blockchain. You can also read our
guide on Ethereum
to learn more about this cryptocurrency.
Why does the Ethereum price fluctuate?
It is perfectly normal for the Ethereum price to fluctuate. The price is influenced by supply and demand, as is the case with all goods and assets traded on exchanges. Even wholesale prices of timber of barley fluctuate depending on the supply and demand on commidity exchanges.
When should I buy Ethereum?
The price of Ethereum is subject to constant fluctuations. Therefore, it is worth comparing Ethereum prices. You can also use Cryptoradar's
price alert
to get notified when Ethereum reaches your desired price.
Where can I buy Ethereum?
Ethereum can be bought on P2P platforms as well as crypto exchanges.
How can I buy Ethereum?
Ethereum can be purchased on crypto exchanges on the Internet. To do so, you need to create an account with the exchange, verify your identity (usually by uploading a copy of your ID), and finally deposit money via bank transfer or credit card.
What should I look for when buying Ethereum?
When buying Ethereum, there are several factors you should pay attention to. First, you should compare the prices and fees of different providers. Second, the verification process on exchanges varies greatly and can take anywhere from a few minutes to several days. Thirdly, you should make sure that you can use your desired payment method. Last but not least, you should also read reviews to assess the security and service of different crypto exchanges.
What can I buy with Ethereum?
Ethereum wants to become the world's super computer. Therefore, the Ethereum network primarily provides payments for digital services, such as computing power or storage space, rather than payments for consumer goods. Nevertheless, some online stores also offer Ethereum as a means of payment.
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