Ethereum Reaches One Day Trading Volume of $2.33 Billion (ETH)

Ethereum (CURRENCY:ETH) traded 5% higher against the U.S. dollar during the 1-day period ending at 9:00 AM E.T. on February 14th. One Ethereum coin can currently be purchased for $889.83 or 0.09662540 BTC on cryptocurrency exchanges including Coinrail, Exmo, Coinsquare and TOPBTC. During the last week, Ethereum has traded up 8.3% against the U.S. dollar. Ethereum has a market capitalization of $86.86 billion and $2.33 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded 6.8% higher against the dollar and now trades at $9,230.62 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 4.1% against the dollar and now trades at $1,293.18 or 0.14042500 BTC.
  • Litecoin (LTC) traded up 33.7% against the dollar and now trades at $211.27 or 0.02294180 BTC.
  • Monero (XMR) traded up 14.8% against the dollar and now trades at $269.15 or 0.02922680 BTC.
  • Ethereum Classic (ETC) traded up 3.2% against the dollar and now trades at $33.72 or 0.00366133 BTC.
  • RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC.
  • Bitcoin Gold (BTG) traded 4.5% higher against the dollar and now trades at $124.88 or 0.01356040 BTC.
  • Zcash (ZEC) traded 5% higher against the dollar and now trades at $470.79 or 0.05112220 BTC.
  • Nano (XRB) traded up 2.4% against the dollar and now trades at $9.41 or 0.00102220 BTC.
  • Steem (STEEM) traded up 4.1% against the dollar and now trades at $4.34 or 0.00047088 BTC.

Ethereum Profile

Ethereum is a proof-of-work (PoW) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 97,610,805 coins. The official message board for Ethereum is forum.ethereum.org. The Reddit community for Ethereum is /r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official Twitter account is @ethereumproject and its Facebook page is accessible here. Ethereum’s official website is www.ethereum.org.

According to CryptoCompare, “Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In the Ethereum protocol and blockchain there is a price for each operation. The general idea is, in order to have things transferred or executed by the network, you have to consume or burn Gas. The cryptocurrency is called Ether and is used to pay for computation time and for transaction fees.If you want to earn block rewards from the network, you can join the network as a miner. Follow the link for a guide on how to mine Ethereum on a Windows Pc. The much easier but a bit more expensive way is to buy an Ethereum mining contract. Ethereum is how the Internet was supposed to work. As long as you have enough funds to pay for your code to be run by the network, your contacts will always be up and running.It was crowdfunded during August 2014 by fans all around the world. It is developed and maintained by ETHDEV with contributions from great minds across the globe. There is also an Ethereum foundation and there are multiple startups working with the Ethereum blockchain.Ethereum is currently on the “Homestead” stage and all its related software is still considered Beta until the release of the next stage “Metropolis”. If you are looking for a GUI interface for your wallet, try the Ethereum Wallet DApp. It's still in beta so be careful when you use it.Our block explorer data bellow is freely provided by etherchain.org and etherscan.io. “

Buying and Selling Ethereum

Ethereum can be purchased on these cryptocurrency exchanges: ZB.COM, ACX, YoBit, Korbit, Bitbank, bitFlyer, CoinFalcon, BX Thailand, BitBay, Koinex, Coinut, Bibox, Livecoin, Gatehub, CEX.IO, Coinone, Coinbene, RightBTC, Gemini, Bitso, Allcoin, BTCTurk, CoinExchange, GOPAX, HitBTC, Coinnest, Lbank, Tidex, Bittrex, Bitstamp, WEX, Quoine, Bitinka, Coinsquare, BTC Markets, Cobinhood, Coinrail, QuadrigaCX, Gatecoin, BigONE, BitGrail, xBTCe, Kucoin, Kraken, Cryptopia, Bancor Network, CoinEgg, TOPBTC, Bitcoin Indonesia, COSS, Tidebit, Bit-Z, ChaoEX, Huobi, EtherDelta, Mr. Exchange, CoolCoin, Bitfinex, OKEx, Liqui, Qryptos, Independent Reserve, BtcTrade.im, DSX, Koineks, Binance, Poloniex, Bithumb, Gate.io, EXX, GDAX, Mercatox, Exmo and Upbit. Investors seeking to trade Ethereum using US dollars directly can do so using Coinbase, Changelly or GDAX.

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