|Ethereum trading – CFDs top 3||Why?||Bonus|
|1. eToro||Because the typical spread on eToro for Ethereum is ETC for one unit, and the overnight fee for 10.000 units is 0,037 for selling and 0 for buying.||No|
|2. Plus500||Because the usability is superior, it is easy to trade, and the system allows you to gear 1 to 300. The spread is $2,01 (selling) and 0,69 (buying).||No|
|3. AvaTrade||Because the fixed spread is $2,8 over the market, the margin is 10, and the overnight interest rate/fee for buying and selling is 0,0694.||35|
|Ethereum trading – Exchange top 3||Why?||bonus|
|1. Coinbase||The largest on the market||No|
|2. Poloniex||Maximum security||No|
|3. Kraken||Good service, San Francisco spirit||No|
Ethereum Trading with CFDs
If you are interested in trading Ethereum, one of the best ways is to trade Ethereum as CFDs or contract for difference. A CFD is a contract that you either “Buy” or “Sell,” which represents an amount per point in a market (here, Ethereum). Most of the large CFD brokers offer a contract for Ethereum and give you the possibility of gearing your investment. Some of the most popular CFD brokers regarding Ethereum are the ones mentioned above.
A crypto-cash exchange is an online platform that allows buyers and sellers of crypto-cash currencies, like Ethereum, to trade digital currencies online for other kinds of assets, meaning other cryptocurrencies or regular money. The exchange works as a market where the platform takes the spread between the asking price and the bidding price to run the platform. The largest cryptocurrency platform, and therefore also Ethereum exchange, online is Coinbase, followed by Poloniex and Kraken. These are some of the largest platforms online and have been around for a while.
What is Ethereum?
Ethereum is spreading across the web due to the exchange rate development and what a ride it has been. Ethereum was created in 2015, and since then, the value of the currency has grown more than 1.000. What is Ethereum, then? Ethereum is an open-source network, which means that Ethereum is more than just a cryptocurrency and is based on blockchain technology. Already many Fortune 500 companies are backing Ethereum, and more will probably follow in the future.
The original version of Ethereum is called Ethereum Classic, and the modified version is just called Ethereum. Both can be traded.
When you are trading Ethereum, you need an Ethereum wallet, a way of decentralizing applications about the Ethereum blockchain. With an Ethereum wallet, you can hold your cryptocurrency assets and ensure no one is taking them. If you do your Ethereum trading in CFDs, you do NOT need an Ethereum wallet since your assets are in the contract with the CFD broker regarding the movement in the asset’s price per point. If you do your Ethereum trading on a cryptocurrency exchange, then you DO need an Ethereum wallet.
I hope you have learned a little about ETH Trading. Thanks.