$BTC #BinanceTurns8 Ethereum is a cryptocurrency, but it differs from Bitcoin in that it is not only used as a currency but is also a platform for developing blockchain applications.

Ethereum is considered an open-source platform that allows developers to create smart contracts and decentralized finance (DeFi) applications, among others, using the Solidity programming language.

Ethereum is used for:

1. *Digital Payments*: It can be used to send and receive money online.

2. *Smart Applications*: Enables developers to create smart applications that automatically execute when certain conditions are met.

3. *Decentralized Finance (DeFi)*: Used in applications such as lending, borrowing, and trading.

Ethereum is characterized by its strong technology and its ability to support a wide range of applications, making it one of the most popular and widely used cryptocurrencies in the world. 💡💻