Ethereum to USD
ETHUSD is a pair, expressing the relation of the Ethereum cryptocurrency (ETH) against the U.S. dollar (USD). The Ethereum cryptocurrency is based on the decentralized blockchain technology, being a platform for subproject and application developers. Ethereum, in fact, is decentralized open source database, which stores the records of all the transactions in its register. This system doesn’t require the participants to trust each other, or the third party, while making one-level transactions. Ethereum is the cryptocurrency of the second generation, based on decentralized mining network, being the second in the world in terms of market cap. Ethereum is the main currency in ETHUSD pair. Its rate depends on investors’ interest in this cryptocurrency, as well as on the general situation in the cryptocurrency markets. LiteForex clients are able to trade Ethereum against the U.S. dollar with the use of financial leverage and competitive spreads. The current ETC/USD rate is provided online in the chart below
Risk warning: Trading in FX and CFDs entails high risk of losing capital.