USD to ETH Converter Instant

Introduced to the world in 2015, Ethereum is a decentralized financial platform powered by tokens with the same name, also called ETH (Ether). At the time of writing, it is the number two crypto currency in terms of market capitalization and value (change rate), surpassed only by the so-called digital gold. Use the converter on the website to find out the rate and make the conversion.

It is a token running on a programmable blockchain platform. Known as one of the most promising cryptocurrencies, ETH offers many features that its main competitor lacks. First, it is smart contracts, which are special computer algorithms for generating, presenting, and managing data about ownership of something. Secondly, it is a powerful platform for the creation of decentralized applications, so-called dApps. Thirdly, it supports non-fungible tokens known as NFT (a very important thing for the development of meta-verses).

In 2015, when the coin first saw the light of day, its value was quite low. In 2017, when the cryptocurrency market saw its first price spike, ETH was still far behind the industry pioneer. Until 2021, the coin didn't cross the USD 1,000 mark in value. However, the token's record price of around USD (dollar) 4,800 (highest rate) was achieved in 2021, followed by a period of value adjustment (those were the best days for crypto up to the current date). At the time of writing, the digital asset is valued at slightly above USD (dollar) 1,500 (low change rate), but it undoubtedly has high growth potential. Use the updated chart to see the price for different periods (days, week, etc.).

Before investing in any asset, you should find out all the ins and outs. Keep in mind that token is digital in nature, which means you are dealing with a highly volatile asset where the price cannot be predicted accurately. However, there are some things about Ethereum that turn it into a good investment. First, the asset is less susceptible to inflation than most of its counterparts. That means that the downside risks to the value of the assets you buy are lower. Secondly, it has high liquidity. That means that you can easily exchange USD (dollar or Pound) to ETH with almost no restrictions. Third, with Ethereum, you get more opportunities to gain money on the volatility of the asset, as it provides more opportunities to forecast the value.

Unlike its competitor, Ethereum is a decentralized financial platform that acts as a marketplace for buying and selling goods and services as well as dApps. Much of the hype surrounding Bitcoin stems from the fact that it is the first crypto currency to enter the market, thereby increasing the currency's brand awareness and liquidity. However, token #1 has rather limited functionality. Moreover, its price is too volatile. As for ETH, with its decentralized applications and smart contracts, it goes far beyond digital currency. Moreover, the platform behind the token processes financial transactions faster than the Bitcoin network. However, the main risk is the unlimited supply of coins, which could lower the price (unlike the strongest player in the industry, where supply is limited to 21 million units).

Rising in popularity in 2021, NFT goes back to 2017 and is actually a token born on the Ethereum network. In simple terms, most NFTs are part of the blockchain, which tracks NFT holders and sellers. Given this feature, converting USD (dollar) to ETH will seem like an even more tempting venture, as you will be able to touch the core technology of the future.