Ethereum (ETH) is a leading decentralized blockchain platform that enables developers to build applications, smart contracts, and decentralized finance (DeFi) solutions. As of the latest data, 1 ETH ≈ $2,535.81 USD, with a 24-hour price change of -2.51%.
👉 Buy Ethereum securely with your card
Why Invest in Ethereum?
Ethereum ranks #2 by market capitalization and powers innovations like NFTs, Web3, and DeFi. Key features include:
- Decentralized network: No reliance on banks or intermediaries.
- Smart contracts: Self-executing agreements coded on the blockchain.
- Proof-of-Stake (PoS): Since “The Merge” in 2022, Ethereum reduced energy use by 99%.
- Layer 2 solutions: Scalability through Arbitrum and Optimism for faster, cheaper transactions.
Major corporations like Visa and JPMorgan explore Ethereum for payments and digital identity, highlighting its long-term potential.
How to Buy Ethereum on Nexo
Step-by-Step Guide
- Select Ethereum: Click “Buy” on your Nexo dashboard and choose ETH.
- Enter Amount: Specify the USD or ETH quantity and pick your payment method (card/bank transfer).
- Confirm Purchase: Review details and complete the transaction.
👉 Get started with Nexo’s competitive rates
Nexo’s Advantages
- Low fees: Competitive pricing across top exchanges.
- Instant purchases: Buy ETH with cards or bank transfers.
- Earn interest: Up to 8% APY on staked Ethereum.
- Zero-cost transfers: Send ETH freely to other Nexo users.
Maximizing Your Ethereum Holdings
| Feature | Benefit |
|---|---|
| Nexo Exchange | Swap assets for ETH with fixed-rate fees. |
| Credit Line | Borrow at 2.9% APR without selling ETH. |
| Nexo Card | Spend crypto while earning interest. |
Ethereum FAQs
1. What is Ethereum?
Ethereum is a programmable blockchain supporting dApps, DeFi, and smart contracts.
2. How do I stake ETH?
Stake via PoS validators to earn rewards (e.g., through Nexo’s 8% APY).
3. What’s Ethereum’s smallest unit?
1 wei (10⁻¹⁸ ETH).
4. Can I mine Ethereum?
No—mining ended with PoS transition in 2022.
5. How many ETH exist?
Supply adjusts dynamically; fees are burned to curb inflation.
6. When was ETH’s all-time high?
November 2021 (~$4,891).
Explore More with Nexo
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