Ethereum price
About Ethereum
Ethereum’s recent prices
Ethereum performance
€1,795.13
Ethereum price today
€4,303.06
Ethereum all-time high
$2,063.37
Ethereum in USD
Disclosures
Ethereum risk
This material is for informational purposes only and is not exhaustive of all risks associated with trading Ethereum. All crypto assets are risky, there are general risks in investing in Ethereum. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.
Investment Risk
The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
Lack of Protections
Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.
Liquidity Risk
There is no guarantee that investments in crypto assets can be easily sold at any given time.
Complexity
Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.
Concentration Risk
Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
Five questions to ask yourself
- Am I comfortable with the level of risk? Can I afford to lose my money?
- Do I understand the investment and could I get my money out easily?
- Are my investments regulated?
- Am I protected if the investment provider or my adviser goes out of business?
- Should I get financial advice?
Ethereum in the news
Guides
Ethereum on OKX Learn
More to explore
Ethereum FAQ
Ethereum is a decentralized, Layer 1 blockchain platform that allows developers to build and deploy dApps and smart contracts. In addition, since the Ethereum network is a fully decentralized public ledger, accounts can store digital assets such as cryptocurrency or NFTs. It works by using a network of computers to verify and validate transactions on the blockchain, and it uses its native cryptocurrency, ETH, as a means of payment for these transactions.
Ethereum and Bitcoin are decentralized blockchain platforms but have different features and use cases. Ethereum is designed for building and deploying decentralized applications, while Bitcoin is primarily used as a store of value or medium of exchange. Both cryptocurrencies have advantages and disadvantages, and buying either depends on your portfolio goals and risk tolerance.
Easily buy ETH tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ETH/USDT, ETH/USDC, ETH/DAI, and ETH/BTC.
You can also buy ETH with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.
Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ETH with zero fees and no price slippage by using OKX Convert.
Another way you can purchase ETH tokens is via the OKX P2P Trading platform. P2P trading allows users to buy and sell cryptocurrencies directly from other users without needing a middleman.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ETH, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
OKX provides a highly secure and multi-chain OKX Web3 Wallet with all OKX accounts. It can safely store BTC or any other cryptocurrency for as long as needed. In addition, the OKX Web3 Wallet features bank-grade security and inbuilt access to hundreds of decentralized applications (dApps) and the OKX NFT Marketplace.
Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.
They are used on the Ethereum network to enable the creation of DApps that can execute complex transactions and operations without intermediaries or centralized authorities. Smart contracts can be used for various applications, including financial services, supply chain management, voting systems, etc.
Ethereum 2.0 is a major upgrade to the Ethereum network that aims to improve its scalability, security, and sustainability. It will introduce a new consensus mechanism called Proof of Stake (PoS), replacing the current Proof of Work (PoW) system.
This will make the network more energy-efficient and less susceptible to 51% of attacks. Ethereum 2.0 will also introduce sharding, allowing the network to process more transactions in parallel and improve its overall scalability.
ERC-20, ERC-721, and ERC-1155 are all token standards on the Ethereum network, but they have different features and use cases. For example, ERC-20 tokens are fungible tokens that are identical and interchangeable with each other. They are commonly used for initial coin offerings (ICOs) and as utility tokens for decentralized applications.
ERC-721 tokens, on the other hand, are non-fungible tokens that are unique and indivisible. They are commonly used for creating digital collectibles, gaming items, and other unique assets.
Finally, ERC-1155 is a hybrid token standard that allows for the creation of fungible and non-fungible tokens within the same contract.
Ethereum is one of the most widely used and well-established blockchain platforms, but it faces competition from newer platforms like Polkadot, Cardano, and Solana. Each of these platforms has its own unique features and strengths.
For example, Polkadot is focused on interoperability between different blockchain networks, while Cardano is focused on scalability and sustainability.
Solana is known for its high-speed transaction processing and low fees. Ultimately, the choice of which platform to use depends on the specific needs and goals of the project or application.
Disclaimer
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
