Ethereum vs US Dollar
ETHUSD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.005
Contract Size Currency per 1 Lot Symbol
1 coin
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Sunday 23:59 MT Server
Trading Break
23:59 - 00:01 Daily & 00:01 -01:00 Saturday MT Server
3 Day Financing
Friday
Long & Short Position Overnight Fee
displayed on the trading platform
FAQs
The ETH/USD currency pair indicates the number of US dollars required to purchase one Ether (ETH). ETH is the native token of Ethereum, a decentralised, open-source blockchain platform for computing.
Released in 2015, Ethereum was the most significant advancement in blockchain technology since the launch of Bitcoin. It introduced several ground-breaking concepts, such as smart contracts, decentralised applications, and non-fungible tokens (NFTs), which have revolutionised how blockchain technology is used.
Smart contracts automate complex legal processes and facilitate decentralised applications. They have paved the way for the growth of Decentralised Finance (DeFi), offering peer-to-peer financial services and allowing individuals to collaborate, invest, borrow, and generate passive income without traditional intermediaries like banks or brokers.
The influence of Ethereum extends beyond Ether. It has its own standard called ERC20 for creating new tokens. Many of today's prominent cryptocurrencies started as ERC20 tokens before migrating to their own independent networks (mainnets).
As the Ethereum network gained popularity, the cost of transactions (Gas), particularly during bull runs, rose to prohibitive levels. This led to the emergence of several competitors, including Cardano (ADA) and Solana (SOL).
