The most significant innovation we have witnessed in the 21st century is the decentralization and digitalization of money; this all took place due to the emergence of blockchain technology. This technology is relatively new, yet it has caused massive changes in the financial industry around the world. With the blockchain tech, we have witnessed new coins, also known as cryptocurrency, and new marketplaces where these can be bought; one such marketplace is KuCoin.KuCoin is a central crypto trading platform; this is mainly because it has excellent features which make crypto trading viable and accessible; the platform also opens up the opportunity for the users to earn passive income on their crypto assets through staking and crypto lending; it has features of a crypto bot through which there is no need of glued to your screen to carry out trading activities, and these can be quickly done by a bot, Adding to the list is that the transaction charges on the platform are shallow. The platform has more than 500 crypto coins, providing various investment opportunities for traders. These coins include Bitcoin, Cardona, XRP, Ethereum, Solana, and many more.
This platform also provides exclusive updates on the cryptocurrency market that could be related to prices of coins like Ethereum price, Bitcoin BTC price, market capitalization, and the 24-hour trading volume of all the coins.
KuCoin is a prime marketplace for NFTs (Non-Fungible Tokens). These are digital art and are treated as digital assets which can be traded. Buying most of the NFTs requires Ethereum, and now we will know more about this coin.
What Is Ethereum?
Ethereum is the second biggest crypto coin after Bitcoin. The price of one Ethereum is $1107.20, which makes ETH the second most valuable coin by price and its market capitalization is at $134.6 Billion, making it the second-biggest cash. One of the most critical features of this coin is that it offers a smart contract which means the deployment and development of a computer program through which valuable digital assets could be exchanged.
Ethereum has proved to be an excellent investment for millions of traders and investors; its prices have skyrocketed since its launch; the price of one Eth was at $11 in 2016, now it is at $1107.20 in 2022, and the market analyst has predicted that the costs of ETH would soar in the coming years, it is expected that the price of ETH would increase to $2000 in next two years and 2025 it is predicted that it price will go up to $5000.
Ethereum can also be used as a method of payment by various companies, these include Travala, CheapAir, which is related to the tourism industry, Mobisun, Overstock, TapJets, and more than 300 other businesses that accept Ethereum as a payment option, and the list includes the freelance site Freelanceforcoin.com where you can avail services of freelancers through Ethereum as payment.
Now that you have a comprehensive knowledge of Ethereum, we hope this could be helpful for you to start your crypto journey, so don’t waste any time and avail this opportunity, make the most out of crypto trading now and open the possibility to earn heft money on KuCoin, which is the best marketplace for crypto.