What is the price of Ethereum?
Like all cryptocurrencies, Ethereum’s value is determined by the price of its native coin, Ether, and how it changes over time. This change depends on the supply and demand at a given time on a cryptocurrency exchange. As for the price of Ether, it is given in terms of traditional currencies like the euro or US dollar. Here, we talk about the Ether/euro exchange rate.
How much is Ether worth in euros?
In early April 2022, one Ether was valued at almost €3,000; so you would need to pay a few thousand euros to buy a single coin at that time.
The value of Ether is not fixed; it is constantly changing. Furthermore, you should know that with Ether, its price varies from one trading platform to the next. Its value on Coinhouse is not necessarily the same as it would be on another cryptocurrency broker.
The exchange rate of ETH is important because you need to use traditional money to buy Ether, that is use euros to purchase Ether. It is the only way to invest in a cryptocurrency unless you have already bought other digital coins, in which case you could swap, for example, bitcoins for ether.
How can you find out the price of Ether?
As mentioned earlier, the value of Ethereum depends on the exchange rate of ETH. To get a more precise idea of the price of a coin, it is essential to track the price of Ether in real time. You can find this price at the top of this page. You can find out the following information there:
- the price of Ether in real time (green if trading higher for the day, red if trading lower);
- its percentage change and its corresponding change in euros;
- the price chart over a period of time;
- its daily high and low (in euros).
If you trade digital coins, you should keep a watchful eye on Ether and how it moves in price so you can react quicker.