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Buy ETH securely with card or instant bank transfer. Start with as little as $1.

Get up to 0.5% back
Earn 8% interest on your ETH
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Ethereum ETH

$3,846.75

Market Stats

Market Rank
2
Markey Cap
$462.23B
24H Volume
$11.70B
24H High
$3,874.11
All-Time High
$4,878.26
Circulating Supply
120,134,874

Ethereum (ETH) Price Performance

The current Ethereum price is $3,846.75 as in the last 24 hours its value has risen by 2.90%. Ethereum is down 21.00% from its all-time high of $4,878.26. Ethereum ranks number 2 in terms of market capitalization, representing 17.14% of the entire crypto market. Ethereum is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems.

What Is Ethereum?

Ethereum is a decentralized blockchain platform that enables developers to build decentralized applications (dApps) on top of its blockchain. Launched in 2015 by Vitalik Buterin, Ethereum has become one of the most popular blockchain platforms in the world, thanks to its robust ecosystem, active community, and innovative features.

Ether (ETH) is Ethereum's native cryptocurrency and serves multiple purposes on the platform. It can be used to pay gas fees on the Ethereum network and as a means of participating in the platform's governance system.

Two of Ethereum's most important characteristics are its interoperability and scalability. The former refers to Ethereum's ability to connect and communicate with other blockchain networks and platforms, which allows for greater functionality and compatibility. Scalability, on the other hand, refers to Ethereum's ability to handle large volumes of transactions and data without compromising its performance or security.

In September 2022 Ethereum went through a major upgrade called The Merge, dubbed one of the most significant upgrade events for the industry because of its complexity. It involved the transition from the Proof-of-Work consensus algorithm to a more efficient Proof-of-Stake algorithm, with the purpose of reducing energy consumption, further improving scalability, and increasing security. Consequently, that mandated validation of the transactions on Ethereum to happen through the act of staking rather than mining.

Although much awaited, the Merge is just the beginning of a series of major updates Ethereum has to undergo in order for Vitalik’s vision to be completed.

Why Nexo Is the Right Place to Buy Ethereum

Buy Instantly

Buy ETH with card or instant bank transfer and get up to 0.5% in crypto rewards back.

Start with Just $1

Start with as little as $1 and go up to $15,000 in just one purchase.

Get Excellent Prices

Get the most cost-efficient price across the top 10 crypto exchanges worldwide.

Stay Secure

Benefit from a top-tier insurance secured by Nexo’s trusted custodians.

  1. 1

    Select Asset

    Click on the “Buy” button on your Dashboard and select the desired asset.

  2. 2

    Enter Amount

    Select the amount you want to buy and choose your payment method.

  3. 3

    Complete the Purchase

    Preview your transaction details, and confirm the purchase. It's that easy!

Buy Ethereum

How to Buy Ethereum

Once you open your Nexo account and verify your identity, then you have to:

What Can You Do with Your Ethereum?

Earn Interest

Earn daily compound interest on your ETH, or stake through the Nexo Exchange to earn rewards.

Exchange Seamlessly

Swap any asset for ETH with zero fees and fixed-price execution on Nexo’s Crypto Exchange.

Borrow Instantly

Borrow funds from 2.9% APR without selling your ETH with Nexo’s Instant Crypto Credit Lines.

Spend Without Selling

Spend the value of your Ethereum without selling it, all while getting up to 2% back in crypto rewards.

Boost Your Profits

Leverage against your ETH to acquire up to 3x more of your desired crypto with the Nexo Booster.

Send Ethereum

Make free, instant ETH transfers to all your friends, family, or colleagues as long as they have a Nexo account.

FAQs

Find answers to all your questions about buying Ethereum on Nexo.

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How to get up to 0.5% in crypto rewards on your ETH purchases?

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How do I stake ETH through Nexo?

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