Understanding Ethereum (ETH)
1 ETH ≈ $2,580.64 USD*
👉 Buy Ethereum Instantly
Current Ethereum Price: $2,580.64 (0.71% change in 24h)
Market Cap Rank: #2
Ethereum (ETH) is a decentralized cryptocurrency enabling peer-to-peer transactions without traditional financial intermediaries. It powers:
- Smart contracts: Self-executing agreements on blockchain
- dApps: Decentralized applications (DeFi, NFTs, Web3)
- Layer 2 solutions: Scalability networks like Arbitrum and Optimism
Launched in 2015 by Vitalik Buterin, Ethereum transitioned to Proof-of-Stake (PoS) in 2022 through "The Merge," reducing energy consumption by 99%. ETH holders can now stake tokens to earn rewards while securing the network.
Key Features
✔️ Programmable blockchain for developers
✔️ Dynamic ETH supply with fee-burning (EIP-1559)
✔️ Adopted by Visa, JPMorgan, and governments
Maximizing Your Ethereum Holdings
Nexo Tools for ETH Investors
| Feature | Benefit |
|---|---|
| Exchange | Swap assets to ETH at fixed rates |
| Credit Lines | Borrow against ETH at 2.9% APR |
| Nexo Card | Spend ETH while earning interest |
| Free Transfers | Send ETH to other Nexo users |
How to Buy ETH in 3 Steps
- Select Asset: Click "Buy" on Nexo dashboard
- Choose Payment: Card or bank transfer
- Confirm: Review details & complete purchase
Why Buy Ethereum on Nexo?
✅ Instant Purchases: Credit/debit cards or bank transfers
✅ High Yield: Earn up to 8% interest on ETH holdings
✅ Security: Enterprise-grade custody (Ledger Vault, Fireblocks)
Ethereum FAQ
❓ What is Ethereum?
ETH is Ethereum blockchain’s native cryptocurrency, used for:
- Paying transaction fees ("gas")
- DeFi protocols and NFT marketplaces
- Staking in PoS consensus
❓ How to Buy ETH with Card?
- Link Visa/Mastercard to Nexo
- Use Apple/Google Pay for faster checkout
- Get crypto cashback on purchases
❓ What’s ETH’s Circulating Supply?
~120.7M ETH (July 2025). No max supply, but burning mechanisms control inflation.
❓ When Did ETH Peak?
All-time high: $4,878.26 (Nov 10, 2021)
❓ How to Stake ETH?
- Solo stake (32 ETH minimum)
- Pooled staking via Nexo (lower barriers)
Explore More Assets
Discover Nexo’s ecosystem for blockchain-powered wealth growth, including:
- Bitcoin (BTC)
- Stablecoins (USDT, USDC)
- Altcoins (SOL, XRP)
*Price data updates in real-time. Rates may vary by payment method.
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