Best Ethereum Brokers of 2024

Written by BrokerNotes.co

March 14, 2024

What is Ethereum?

Ethereum is an online platform that enables users to exchange blockchains. It was developed by developer Vitalik Buterin. One useful way to understand how Ethereum works is to compare it to Bitcoin, which in many ways is much simpler. Bitcoin users exchange bitcoins and blockchains are used to track the ownership of specific bitcoins: this constitutes a form of currency. Ethereum has potentially wider applications as it focuses mainly on running code. Nevertheless, Ethereum is primarily used as a form of digital currency - an alternative to Bitcoin. This currency is sometimes just known as "Ether" and those who exchange this currency are known (as with Bitcoin) as "miners". Ether and Bitcoin are both cryptocurrencies. Ethereum can be used as payment for goods and services, or to pay for using features of the Ethereum site itself. It can also be traded. It can be bought via a bank transfer or PayPal.

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Best Forex Brokers for Trading Ethereum

Here are the forex brokers for trading ethereum.

• IG
  - 9.9/10 Overall
• Interactive Brokers - 9.9/10 Overall
• Saxo - 9.7/10 Overall
• CMC Markets - 9.6/10 Overall
• FOREX.com
  - 9.4/10 Overall
• City Index - 9.3/10 Overall
• XTB - 9.1/10 Overall
• eToro - 8.8/10 Overall
• Swissquote - 8.8/10 Overall