$BNB $ETH
🔍 Learn about the ETH pair on Binance 💡
Ethereum (ETH) is the second most important cryptocurrency after Bitcoin. But unlike BTC, ETH allows for the creation of smart contracts, decentralized applications (dApps), and NFTs.
On Binance, you can trade ETH with various pairs, the most common being ETH/USDT. What does this mean? That you are exchanging Ethereum for Tether (a stablecoin equivalent to the dollar). This pair is ideal for those who want to measure their gains or losses in dollars.
👩🏫 For example: If you buy ETH at $3,000 and sell it at $3,200 in ETH/USDT, you make a clear profit of $200 per ETH.
There are also pairs like ETH/BTC, useful for those who want to diversify without converting to fiat money.
📲 On Binance, you can learn by practicing: use Lite mode to start with less risk, and set alerts to track the price of ETH.
Investing with knowledge is the best strategy.
Educate your mind before investing your money!
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