Assets, Ethereum

How Much Does Ethereum Cost?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is used to build decentralized applications (dapps) on its platform. The most popular dapp built on Ethereum is CryptoKitties, a game that allows users to breed and trade digital cats.

The native cryptocurrency of the Ethereum blockchain is called ether (ETH). Ether is used to pay for transaction fees and computational services on the Ethereum network.

So, how much does Ethereum cost?

The answer is: it depends.

The price of ETH is determined by supply and demand on cryptocurrency exchanges. The price of ETH can also be affected by the overall performance of the Ethereum network.

NOTE: WARNING: Ethereum is a cryptocurrency, which means its value fluctuates. As with any investment, there is a risk of losing money. Before investing in Ethereum, do your research, understand the risks associated with investing in digital currency, and consult with a professional financial advisor if needed.

For example, if the Ethereum network is congested with transactions, then the price of ETH will likely increase as demand for ETH outstrips supply.

At the time of writing (March 2018), the price of ETH was hovering around $700 USD. However, the price of ETH has been known to fluctuate quite a bit and has reached prices as high as $1,400 USD in the past.

So, if you’re wondering how much Ethereum costs, the answer is that it depends on a number of factors. However, you can always check the current price of ETH on an online cryptocurrency exchange.

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