$ETH

ETH (Ether) is the native cryptocurrency of the Ethereum blockchain, which is a decentralized platform that allows people to build and run applications using smart contracts — programs that run automatically without any middleman.

⸻

🔹 In Simple Terms:

• ETH is to Ethereum what fuel is to a car.

• It’s used to pay for transactions, run smart contracts, and reward participants who keep the network running (validators).

• People also buy and hold ETH as an investment, similar to Bitcoin.

🔹 What is ETH Used For?

1. Paying gas fees for Ethereum transactions.

2. Staking to secure the network and earn rewards.

3. Buying NFTs, interacting with DeFi apps, and joining DAOs.

4. Sending money globally without a bank.

⸻

🔹 Is ETH an Investment?

Yes — many people buy ETH expecting its value to rise. But like all crypto, it’s high risk and volatile, so do your own research (DYOR) before investing.