Ethereum (ETH) is a foundational blockchain, renowned for its smart contract capabilities that power decentralized applications (dApps) and the vast DeFi ecosystem. As the second-largest cryptocurrency, ETH fuels transactions ("gas fees") and enables staking for network security.
Binance fully supports Ethereum, offering various ways to interact with ETH. Users can trade ETH, participate in ETH staking to earn rewards, and access numerous DeFi services and NFT marketplaces built on the Ethereum network directly through Binance. This integration highlights Ethereum's critical role in the broader crypto landscape and its continued innovation with upgrades like the transition to Proof-of-Stake.
