ETH · ETH
Ether (ETH)
Ethereum is a decentralized blockchain platform that enables smart contracts and decentralized applications. Its native cryptocurrency, Ether (ETH), is used for transactions and computational services.
Convert this currency
Converted amount
0.0005 USD
Exchange rate
1 ETH = 0.000523 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
ETH · Ether
Ethereum (ETH): A Comprehensive Guide
Ethereum is a decentralized, open-source blockchain system that features smart contract functionality. It was proposed in 2013 by Vitalik Buterin and went live in 2015. Ethereum enables developers to build and deploy decentralized applications (dApps) that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference.
Ether (ETH) is the native cryptocurrency of the Ethereum platform. It is used to pay for transaction fees and computational services on the network. ETH is also used as a store of value and a medium of exchange, and it is one of the most widely traded cryptocurrencies in the world. The Ethereum network is maintained by a global network of computers, and it operates on a proof-of-stake consensus mechanism as of 2022.
Ethereum has become a foundational layer for the decentralized finance (DeFi) ecosystem and non-fungible tokens (NFTs). Its smart contract capabilities have enabled the creation of a wide range of applications, from lending platforms to digital art marketplaces. As with any cryptocurrency, the value of ETH can be volatile, and it is important to conduct thorough research before engaging with it.
- Code
- ETH
- Symbol
- ETH
- Current rate
- USD / ETH
Currency information
Last updated · 8/7/2026
Introduced in 2015 as the native cryptocurrency of the Ethereum blockchain.
- Official name
- Ether
- Legal tender status
- Not legal tender in any jurisdiction
- Decimal places
- 18
- Minor unit
- wei · 1 ETH = 1000000000000000000 wei
- Issuing authority
- Ethereum Foundation
- Exchange-rate regime
- Free-floating
Also known as
ETH · Ethereum · Ether · Ξ
Practical notes
- Used to pay for transaction fees and computational services on the Ethereum network.
- The smallest unit is called wei; 1 ETH = 10^18 wei.
Priority currency pairs
The most useful conversions for this currency.
Ether questions
What is the ETH exchange rate?
The displayed rate is the latest available reference rate for USD/ETH. It can change throughout the day.
How can I convert ETH online?
Use the converter above to calculate indicative amounts between ETH and the other supported currencies.