$ETH
ETH (Ether) is the native cryptocurrency of the Ethereum blockchain. Here's a breakdown:
Key Facts:
Used to pay for transactions (called gas fees) on the Ethereum network.
Second-largest crypto by market cap after Bitcoin.
Supports smart contracts and decentralized apps (dApps).
Launched in 2015 by Vitalik Buterin and others.
Use Cases:
Sending and receiving payments.
Powering DeFi apps, NFTs, DAOs, etc.
Staking for Ethereum’s proof-of-stake system (you earn ETH by helping secure the network).
Would you like help buying ETH, using it for DeFi or NFTs, or understanding how it works technically?