#TradingAnalysis101 ETH (Ethereum) is the native cryptocurrency of the **Ethereum blockchain**, which is a decentralized platform that enables smart contracts and decentralized applications (DApps). ETH is used to pay for transactions, interact with smart contracts, and secure the network through staking.
### **How to Use ETH**
1. **Buying ETH**
- You can buy ETH from cryptocurrency exchanges like Binance, Coinbase, Kraken, or decentralized exchanges (DEXs) using fiat (USD, EUR, etc.) or other cryptocurrencies.
2. **Storing ETH**
- Store ETH in a **crypto wallet** (software or hardware). Popular wallets include:
- **MetaMask** (browser extension & mobile app)
- **Trust Wallet** (mobile app)
- **Ledger & Trezor** (hardware wallets for security)
3. **Sending & Receiving ETH**
- Use your wallet to send ETH to another address by entering the recipient’s **Ethereum wallet address**.
- Transactions require **gas fees**, which are paid in ETH.
4. **Using ETH for Smart Contracts & DApps**
- ETH is used to interact with decentralized applications like **DeFi platforms (Uniswap, Aave, Compound)**, **NFT marketplaces (OpenSea, Rarible)**, and **gaming DApps**.
5. **Staking ETH (ETH 2.0)**
- You can **stake ETH** to help secure the Ethereum network and earn rewards. Platforms like Lido, Binance, and Coinbase offer ETH staking.
6. **Trading & Investing**
- ETH can be **traded** against other cryptocurrencies on exchanges.
- Some people **hold ETH long-term** as an investment.
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