3 482.03 USD
-19.11 (-0.55%)
1H
4H
1D
1W
1MN

ETHUSD Key Statistics

Open price
3454
High today
3551.56
Low today
3433.83
52 Week high
4105.65
52 Week low
2103.4
Trading hours
-12:00
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UTC 00:00
Symbol trading specification

About ETHUSD

ETHUSD is a trading symbol for Ethereum vs US Dollar. Ether (ETH) is the cryptocurrency that runs the Ethereum network. It is the second-largest digital coin by market cap and second in popularity after Bitcoin.

What is ETHUSD?

ETH has quickly become one of the most popular cryptocurrencies in the world, second only to Bitcoin in terms of market capitalization. But what exactly is Ethereum, and how does it work? ETH is a decentralized platform that allows developers to build and run applications without relying on a centralized authority. This is made possible through smart contracts— self-executing code that automatically executes when certain conditions are met. Since its launch in 2015, Ethereum has experienced a remarkable price rise. Even so, everyone eager to learn how to trade ETHUSD should stay updated on potential changes and fluctuations.

How Does ETH USD Work?

Ethereum's primary advantage is its versatility. Unlike Bitcoin, ETH was designed as a platform for decentralized applications. The smart contract feature of Ethereum lets developers make decentralized apps that holders can use for different things. Ethereum has created decentralized exchanges, prediction markets, and games. Additionally, ETH has a faster block time than Bitcoin, meaning that transactions on the ETH USD are processed more quickly. This is due to Ethereum's use of a proof-of-stake consensus algorithm, which is more efficient than Bitcoin's proof-of-work algorithm. This difference is essential for traders who want to understand how to invest in ETHUSD.

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