Exchange Ethereum (ETH) with Lowest Fees
Ethereum is a global cryptocurrency that is currently the second-largest cryptocurrency in the world in terms of market cap and volume traded. Ethereum is probably the most influential network in the industry that gave birth to a range of notable decentralized applications (dApps), decentralized exchanges (DEXs), and other peer-to-peer (P2P) projects and services. Having an Ether coin in your portfolio will always be a good idea. There are multiple ways to obtain Ethereum. One of the easiest options for users is to buy or sell it on an instant cryptocurrency platform. Changelly provides over 200 digital assets that are ready to be exchanged in a quick and safe manner.
Price chart
How to exchange ETH
The crypto market has a highly volatile nature. Therefore, a user has to seize the moment to make Ethereum transactions at a preferable price. Changelly has developed two features that allow you to get the desired amount of cryptocurrency while exchanging. You can either exchange Ether at a floating or fixed rate. The former means that the final amount of crypto may change due to market conditions. The latter means that the final amount will remain the same regardless of market movements.
For transactions on Changelly, just select a desirable asset you want to swap ETH with and select a floating or fixed rate. Enter your crypto address and the refund address for your funds. Your new ether coins will arrive in your wallet within several minutes.
Desktop
Use fixed or floating rates to buy/sell Ethereum and other cryptocurrencies on Changelly’s site at the best rates and with low transaction fees.
Mobile
Use the Changelly app to quickly and easily buy Ethereum on the go. Enjoy a fully functional cryptocurrency platform on your smartphone!
Don’t have ETH?
Don’t have any Ethereum? That’s ok! You can buy ETH on Changelly easy and fast. Use your bank card, Apple Pay, or a bank transfer to purchase Ethereum on our platform.
About
Ethereum is a blockchain platform that allows you to create dApps with the help of smart contract technology. Ether is a native currency of the Ethereum blockchain that is currently ranked number two crypto asset (after Bitcoin) in terms of market cap. The platform is used as a ground for many notable crypto projects, especially when it comes to financial services. The DeFi sector, NFTs (non-fungible tokens), smart contracts and many other vital features use the Ethereum network as a pillar that provides developers with all the necessary tools for building blockchain-based products.
Here is how Ethereum manages to deploy a number of extra functionalities to the blockchain - Ethereum Virtual Machine. This is a decentralized virtual machine that adds an extra layer between the executing code and the executing machine. The EVM makes it possible to use the resources of network participants regardless of location. In turn, the developers use this computing power to create smart contracts and dApps.
Other important pieces of the puzzle are the multiple upgrades that Ethereum went through. The history from the genesis block to the cryptocurrency we have now presented itself in several stages:
- The Beacon chain - the coordination mechanism for the proof-of-stake blockchain;
- The Merge - transition from the mainnet system and the new Beacon chain;
- Shard chains - the division of the network’s load across 64 new chains.
In August 2021, Ethereum underwent a major change that has been dubbed the ‘London upgrade’. The hard fork is governed by the Ethereum Improvement Protocol 1559 or EIP-1559, which is an open auction for new blocks.
How Is the Ethereum Network Secured?
Like most cryptocurrencies, network security and block creation are ensured by the process of mining. Prior to major upgrades, Ethereum relied on the proof-of-work consensus mechanism, first introduced by Bitcoin. Now, ETH is moving to proof-of-stake.
PoS is not about the hardware and how much computing power a node can offer. Instead, it delegates the network’s control to the owners of the token. The more tokens you hold (i.e., the more stake), the bigger the chances to create a block and receive block rewards.
Users who stake their coins are called validators. As the name suggests, they ensure the validity of transactions by storing and processing data. The minimum requirement to become a full validator is 32 ETH. However, since that amounts to a hefty sum of money, developers also made provisions for users with smaller capital. The launchpad is available on the website and describes the staking process in great detail.
PoS offers several major benefits in comparison to PoW:
- More energy-efficient - Does not require as much power;
- Easier for beginners - Lower barriers to entry mining, including reduced hardware requirements;
- More decentralization - Creates more nodes participating in the network;
- Larger scale - Support for shard chains.
What Makes Ethereum Unique?
Ethereum and Bitcoin have been the best-performing mainstream crypto investments for a while. But if you want to understand what makes Ethereum special, it’s not fair to compare it to BTC. People buy Bitcoin and Ethereum for completely different reasons. It’s better to look at Ethereum as its own entity and analyze its features without tying it to any other crypto.
White Paper
Ethereum’s white paper talks about alternative blockchain applications. So, it was always meant to be more than a store of value. Ether is programmable and doubles as a fuel to run programs on the Ethereum blockchain in addition to being a cryptocurrency.
Functions
You can hold Ethereum’s token and just wait until it appreciates or you can:
- Pay transaction fees;
- Pay for products and services;
- Lend it;
- Use it as collateral for open finance applications;
- Purchase Ethereum-based tokens, collectibles, in-game items, and other non-fungible tokens.
The Ethereum Foundation
This is a non-profit organization that promotes talent and accelerates relevant research projects together with committed individuals, companies, and foundations. A few other crypto projects have their own research bodies now, but it was Ethereum that set the trend.
Community
The Ethereum community is a hub for thousands of users, developers, designers, HODLers, and enthusiasts. This vibrant, diverse community helps people discover everything there is to know about the project and blockchain technology in general.
- Fast (less than 2 minutes): $0.18
- Standard (less than 5 minutes): $0.12
- Low (less than 30 minutes): $0.12
- Log in to your exchange account.
- Click on the ‘Funding’ tab (or equivalent) and then the ‘Withdraw’ tab (or equivalent).
- Enter your ether wallet address.
- Enter how much you want to withdraw
- Check over all the details and click ‘Confirm Withdrawal’ (or equivalent).
- View the withdrawal to see the status and see the balance in your crypto wallet.
What is the Ethereum exchange rate?
As can be expected, exchange rates for cryptocurrencies fluctuate, sometimes experiencing major spikes or dumps within one day. This means that traders should always seek the latest available data, which can be easily accessed on Changelly’s website and app.
Please bear in mind that by the time you read this, the rate for your payments can be slightly different. This simply gives you a general idea of what to expect with crypto-crypto conversions.
Historically, Ethereum’s rate moved in a narrow range up until 2021. This was the year of a major uptrend that was followed by an equally rapid downtrend. Interestingly, this formation happened twice within a year. Keep that information in mind whenever you want to make a prediction for a future rate.
Can I exchange Ethereum for real money?
Most people refer to traditional fiat money that is issued and backed by a particular government as “real money”. In that case, of course! You can convert your Ether to any major currency at the best value on our website or app. Not only will we perform the conversion quickly, we’ll also charge you lower than the average transaction fee.
Consider the gas price that the Ethereum network charges for all operations. They tend to fluctuate a bit over time and come in three tiers:
When you convert Ethereum to fiat, you essentially sell it. But how do you know when is the right time to sell? Despite the slow start to 2022, many experts are still bullish. If you’re interested in Ethereum as a purely speculative asset, experts advise ignoring the ups and downs. But if you have a better use for your funds than just holding them, consider exchanging and putting them to good use.
How to exchange Ethereum for cash?
Before selling off your assets, make sure you understand that Ethereum has other applications than just a store of value (i.e., you can use it, not just HODL it), assess the expected price trajectory, and expect a transaction fee for the conversion. If you’re certain that you don’t need crypto at the moment, you can convert it to fiat on Changelly.
To sell your crypto for fiat, you need to locate the ‘Sell’ tab on the main page and click it. You will see a pop-up window from our partner for cash-outs. Then, you will see an accurate, updated rate for your two chosen currencies, plus the commission and the total amount. Follow the instructions, like the details of your payment provider (Visa, MasterCard, Apple Pay, or Google Pay). Overall, the process should not take you more than several clicks.
After you receive the money in your bank account (or some other payment account), you can cash out as you normally would. With bank cards, you can simply go to your closest ATM and withdraw cash from there.
How to move Ethereum from exchanges to wallets?
Anyone in the cryptosphere will tell you to never leave your assets on the exchange. It might be overly cautious, but when you deal with irreversible, anonymous transactions, you want to be extra sure.
Most exchanges have similar steps for withdrawing money. So, the following instruction should apply to any exchange, perhaps with minor modifications:
There are many different ERC-20 tokens on Ethereum’s blockchain. Luckily for crypto enthusiasts, you usually need only one multi-coin wallet to access and control all your cryptocurrencies. If your wallet supports the ERC-20 format, it will also support Chainlink (LINK), Tether (USDT), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), OmiseGO (OMG), 0x (ZRX), among others. But normally, reputable wallets support a few different token formats.
If you want to trade your crypto, the wallet will also come in handy. You’ll need to connect your wallet to the exchange, and all transactions will be carried out without additional steps.