Assets, Ethereum

How Much Is the Value of 1 Ethereum?

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

Ether, also called “ETH” or “Ξ”, is the native currency of the Ethereum network. It is used to pay for gas, a unit of computation used in Ethereum.

Gas is necessary to ensure that developers write efficient code and make sure that the network remains healthy.

NOTE: Warning: Before purchasing or investing in digital currency, please ensure that you understand the current market value and associated risks. Investing in digital currency such as Ethereum can be volatile and unpredictable and may result in significant losses. All investments involve risk, including the loss of principal invested. Please consult a professional financial advisor prior to making any investment decisions.

The price of 1 ETH was $1,000 USD on January 1st, 2018. As of September 2018, it has fallen to around $200 USD.

The price of Ethereum is volatile and subject to change.

The value of 1 ETH will continue to fluctuate in the future as Ethereum’s popularity and use grows.

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