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Ethereum ETH
Find out detailed information about the Ethereum (ETH) and easily buy or sell at the real-time exchange rate.
Ethereum(ETH) price - exchange rate 1/27/2023 8:16 PM is 1,490.27 EUR. In dollars the price is 1,623.65 USD, and in euros the price is 1,490.27 EUR.
How to buy Ethereum (ETH)?
Follow 4 easy steps to purchase ETH.
Create an account on Bitcoin Store
Make a deposit in Euros
Buy Ethereum with Euros
Ethereum is on your wallet
Frequently asked questions
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What is the Ethereum (ETH) price - exchange rate today?
What is Ethereum (ETH) and how does it work?
Ethereum is designed to be more customizable and flexible value exchange technology. It is more than just a network for value transfer and recording transactions in the blockchain. Just like Bitcoin was created to decentralize modern financial system, Ethereum aims to use the same technology to replace internet third parties.
The advantage of Ethereum as a network is that its users can create, publish, monetize and use programs and applications on the platform and can use the cryptocurrency Ether as a means of payment.
These applications are known as Dapps - decentralized applications. Dapps are open-source software based on a Ethereum blockchain. One of their main feature is that they don't need a third party to function.
This is why Ethereum describes itself as "the world's programmable blockchain".
Ethereum as a cryptocurrency is second in market value after Bitcoin.
How many Ethereum (ETH) coins are in circulation?
Unlike Bitcoin, which can have a maximum amount of 21 million tokens in circulation, the total number of Ethereum is not limited. The explanation for this is that Ethereum is expanding as much as there is demand for it.
At the moment, the Ethereum blockchain operates on a Proof-of-Work consensus mechanism just like Bitcoin. However, Ethereum will make a transition to Proof-of-Stake.
What are the benefits of Ethereum (ETH)?
Smart contracts reduce the need for intermediaries when concluding contracts, and at the same time they increase reliability.
This results in the following advantages of Ethereum as a network:
- No government or organization has control over Ethereum. Ethereum runs on a decentralized computer network around the world that secures the network and conducts all transactions.
- Ethereum is an open-source network. This is an advantage for network users as it allows them transparency, security and stability.
- Because there are no intermediaries, Ethereum is a much more cost-effective option as a means of payment compared to other currencies or traditional payment methods, especially when used for online purchases.
How to mine Ethereum (ETH)?
Although conceptually similar, mining Ethereum is different from mining Bitcoin. New blocks within the Ethereum blockchain are added every 15 seconds, while with Bitcoin each new block is added approximately every 10 minutes.
As a reward for each confirmed transaction, the “miner” receives 2 Ethereums plus a “commission” for the completed transaction (gas fee).
There are plans to switch the Ethereum network from the Proof-of-Work algorithm to the Proof-of-Stake algorithm. Proof-of-Stake can be described as a consensus.
Transactions on the Proof-of-Stake protocol are confirmed with the help of Validators. Validators have the same role as the miners in the Proof-of-Work concept - they validate transactions and create new blocks.
The main difference is that validators must stake their own ETH in order to participate in the validation process.
Who is the founder of Ethereum?
Gavin Wood is also a key figure in founding Ethereum. He implemented Ethereum, and he introduced the “Solidity” program language.
The other co-founders of Ethereum are:
- Anthony Di Iorio
- Joseph Lubin
- Charles Hoskinson
- Amir Chetrit
- Mihai Alisie
How to buy Ethereum (ETH)?
First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.
After successful verification you can make a deposit (in HRK or EUR) to your Bitcoin Store Wallet.
Supported payment methods for deposit are:
- internet or mobile banking
- bank transfer
- payment slip
- cash payment in Bitcoin Store physical exchange office
Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet and you can start purchasing cryptocurrencies.
How to sell Ethereum (ETH)?
You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.
Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or on various trading platforms must be transferred to your Bitcoin Store Wallet before selling.
Once the transfer is successful you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.
Can I buy or sell Ethereum (ETH) for cash?
Verifying your identity via ID card is not required for all transactions up to HRK 15.000,00
In the exchange office, you can also make a deposit in cash directly to your Bitcoin Store account. The amount you deposit will be visible immediately and ready for your next cryptocurrency purchase.
Where can I store Ethereum (ETH)?
Hot wallets include:
- desktop wallet
- mobile wallet
- online wallet
Cold Wallets include:
- hardware wallet
- paper wallet
You can also store ETH on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.
On Bitcoin Store Wallet you can:
- store more than 130 cryptocurrencies
- deposit and store of funds in HRK or EUR
Bitcoin Store Wallet
Registered users have free access to the Bitcoin Store Wallet (digital wallet) on which you can safely store more than 150 cryptocurrencies. Simply make a deposit and withdraw funds or transfer crypto to other digital wallets.
Ethereum price, investment and fees
Real-time Ethereum price 1/27/2023 8:16 PM is €1,490.27.
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How to trade cryptocurrencies?
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