Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
Home Exchange

Trade Ethereum (ETH) live in Klever Exchange

by James Enajite
May 19, 2022
in Exchange, Global, Wallet
Reading Time: 5 mins read
2.8k
A A
0
Share on FacebookShare on Twitter

Cryptocurrency has been slowly, but steadily expanding its reach, and those who opposed it by making absurd excuses are now trying to own it. A popular cryptocurrency is Ethereum (ETH), which has a market capitalization of over $394 billion, second only to Bitcoin (BTC) with over $870 billion in market capitalization.

Our ETH-USD price is updated in real-time at Klever. If you want to trade ETH, you should select Klever Exchange, one of the best cryptocurrency exchanges.

What is Ethereum (ETH)?

Ethereum is a decentralized open-source blockchain system that comes with smart contract features. It has its own cryptocurrency called Ether (ETH) which is used to build crypto projects on the blockchain.

Ethereum blockchain was revealed to the world way back in 2013 and in 2014, it secured funding from online crowd sales and raised $18.3 million in BTC, as BTC was the only way to raise funds to build crypto projects.

You might also like

K5: a bright future ahead with the community being the biggest inspiration 

K5: a bright future ahead with the community being the biggest inspiration 

February 3, 2023
7.3k
Klever is your go-to DeFi solution 

Klever is your go-to DeFi solution 

February 1, 2023
7.3k

The ETH price in the initial coin offering was $0.031 and during the first crowd sale, over 60 million were sold.

In 2015, Ethereum officially launched its foundation in order to become a global platform for decentralized applications (DApps). Since then, various important upgrades have been made on the Ethereum blockchain including the 28 February 2019 ‘Constantinople’ upgrade; 8 December 2019 ‘Istanbul’ upgrade; 2 January 2020 ‘Muir Glacier’ upgrade; 14 April 2021 ‘Berlin’ upgrade, and most recently 5 August 2021 ‘London hard fork’ upgrade.

The last upgrade, the London upgrade, was divided into five Ethereum Improvement Proposals (EIPs), which include EIP-3529, EIP-3198, EIP-3541, and most notably EIP-1559 and EIP-3554. EIP-1559 is the most popular upgrade out of the five improvement proposals. 


Low & high ETH

Ethereum (ETH) which was sold for just 0.031 per ETH in 2014 touched a new high on 11 July 2021 at $4812 per ETH. In the past few days, ETH has traded in a price range of $3000 to $3400. 

The live Ethereum price as of 1 April 2022 is $3,295 with a 24-hour trading volume of $17.02 billion. It has a circulating supply of 120,189,414 ETH tokens. 

Upcoming upgrade 

In 2022, Ethereum plans to switch from proof-of-work (PoW) to a proof-of-stake (PoS) mechanism with its Ethereum 2.0 update. 

Though this has been in the ETH roadmap as the new consensus mechanism since its beginning, it will introduce sharding as a scaling solution. The current Beacon chain would then serve as a settlement layer for smart contract interactions on other chains.

The new Arrow Glacier update that was to happen in late 2021 is now expected to be launched in June 2022. 


Who founded Ethereum?

Ethereum was founded by a total of eight co-founders including Vitalik Buterin that conceptualized it; Mihai Alisie; Anthony Di lorio; Amir Chetrit; Charles Hoskinson; Gavin Wood; Jeffrey Wilcke; and Joseph Lubin.

In 2014, all the founders met in Zug, Switzerland to discuss how to proceed with the project. 

Russian origin Vitalik Buterin is a well-known ETH founder as he wrote the whitepaper and is still very active in improving the platform.

British programmer Gavin Wood, the first chief technology officer (CTO) of Ethereum Foundation is the second most important co-founder of ETH. He wrote the codes of Ethereum in the C++ programming language and also proposed Ethereum’s native programming language Solidity.

Anthony Di Iorio underwrote the project during its early stage of development; Charles Hoskinson set up its legal framework and was instrumental in establishing the Swiss-based Ethereum Foundation along with Mihai Alisie; whereas Joseph Lubin, a Canadian entrepreneur, helped fund Ethereum during its early days, and later founded an incubator for startups based on ETH called ConsenSys; Amir Chetrit stepped away from the initial development of Ethereum blockchain.


USP of Ethereum?

Ethereum has pioneered the blockchain with smart contracts. Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet. 

Smart contracts were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability. 

Ethereum’s principal innovation was designing a platform that allowed it to execute smart contracts using the blockchain, which further reinforces the already existing benefits of smart contract technology. 

In addition to smart contracts, Ethereum’s blockchain also hosts other cryptocurrencies, called ‘tokens’, through the use of its ERC-20 compatibility standard. So far, it is the most common use for the ETH platform and to date over 280,000 ERC-20-compliant tokens have been launched. 


Buy it on Klever Exchange

To get ETH on Klever Exchange, users need to open an account, or if they don’t have one, sign up to get one. If a user has an account follow a few simple steps to get your ETH in your account.

The user needs to transfer crypto to the exchange account. Let me explain it to you with an example of getting ETH with USDT. 

First deposit USDT to your Klever Exchange account. Just log in to your account, go to your profile, and select the deposit field. Now you need to click on USDT, there are two options to deposit USDT, Tron, or ETH, select Tron. 

Once you select the coin,  the deposit link will appear. Copy the link address and send the desired USDT. 

After sending USDT to the address, the funds will be deposited and transactions will be confirmed on the blockchain. The time differs due to the different speeds of network confirmations on all blockchains.

Once you have USDT in your account, trade it for ETH. The process is very simple.

Using Kever Wallet, users can buy ETH from their credit & debit cards through a world-leading payment gateway, Simplex.com. Very soon, users will also have more payment gateway options to buy ETH by using Moonpay, Mercuryo, Banxa, and Transak. 

Tags: ethethereumklever exchangetrade ethtrade ethereum
Previous Post

Important KLV Unstaking Announcement Update

Next Post

Blockchains: How are transactions validated?

James Enajite

James Enajite

A passionate lover of crypto and mankind with an active mind to create content to educate everyone within my sphere of influence. An entrepreneur with an open heart to accommodate young aspiring individuals to achieve their best in a global space.

Related Stories

K5: a bright future ahead with the community being the biggest inspiration 

K5: a bright future ahead with the community being the biggest inspiration 

by Maluh Bastos
February 3, 2023
0
7.3k

Klever K5 Wallet’s launch has been the buzz in the last few days. The new and improved Klever Wallet app...

Klever is your go-to DeFi solution 

Klever is your go-to DeFi solution 

by Maluh Bastos
February 1, 2023
0
7.3k

The DeFi world is growing fast. Therefore, having a trustable and effective platform to navigate this universe can help users...

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

by Maluh Bastos
January 31, 2023
0
7.3k

KleverChain’s launch in 2022 was one of the biggest accomplishments for the Klever Ecosystem.  Klever’s very own blockchain is bringing...

Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

by Warren Manuel
January 30, 2023
0
7.3k

The integrity of democratic voting systems is crucial for the functioning of a healthy democracy. In recent years, there has...

Next Post
How are transactions validated?

Blockchains: How are transactions validated?

Trade ETH on Klever Exchange

Trade ETH Pairs on Klever Exchange

Please login to join discussion
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
7.5k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
7.5k

Popular Story

  • Stand a chance to win your share of 10,000 KLV

    Stand a chance to win your share of 10,000 KLV

    8335 shares
    Share 3334 Tweet 2084
  • Test drive Klever Wallet, K5 and Win 1000 KLV & 1 KFI

    7021 shares
    Share 2808 Tweet 1755
  • Bitcoin battles back from record losses to $21,000

    5914 shares
    Share 2366 Tweet 1479
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    5358 shares
    Share 2143 Tweet 1340
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    5070 shares
    Share 2028 Tweet 1268

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Games
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

K5: a bright future ahead with the community being the biggest inspiration 

K5: a bright future ahead with the community being the biggest inspiration 

February 3, 2023
Klever is your go-to DeFi solution 

Klever is your go-to DeFi solution 

February 1, 2023
  • Sponsored Content
  • Advertise
  • Contact Us
  • RSS Feed

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version