Ethereum

Investing in Ethereum is easier than most people think. However, before buying Ethereum, it is vital to determine your level of risk, choose a reputable crypto exchange like Swapzone, and fund your account with fiat or swappable crypto. Then after buying Ethereum, it is also crucial to understand where and how to store your new coins.

In addition to Ethereum being a popular alternative to Bitcoin, it currently sits on the number 2 spot on CoinMarketCap’s rankings with over a $390 Billion valuation. These make Ethereum an attractive choice, so if you have plans of buying Ethereum, make sure you have done your research - and your finances are in good shape. Also, do not buy more than you are willing to lose in case the crypto market crashes.

Here is what you have to do if you are willing to join the party by embracing the Ethereum investment or simply swapping Ethereum with Bitcoin at the best rate on the market in just a few simple steps:

1. Select the Bitcoin to Ethereum swap pair.
2. Enter the total amount of ETH you are going to exchange.
3. Choose the best BTC to ETH swap offer.
4. Click on the Exchange button.
5. Enter your wallet address to receive Ethereum to your wallet.
6. Send your BTC deposit to the generated address.
7. Wait for your BTC-ETH swap to be done.
8. Receive your ETH to your wallet!

Despite its close association with Bitcoin, Ethereum is a bit different from Bitcoin. Unlike Bitcoin, Ethereum has no cap or limits on its available coin supply. Currently, over 120 Million ETH are in circulation with more coins set to be created in the future. However, yearly ETH issuance has steadily decreased over time to reduce fears of inflation resulting from the availability of too many Ethereum coins.

In simpler terms, the max supply of ETH is infinite and nobody knows the amount of ETH coins that would exist in the future. Vitalik Buterin explained the reason for this in Ethereum’s whitepaper, “The permanent linear supply growth model reduces the risk of what some see as excessive wealth concentration in Bitcoin, and gives individuals living in present and future eras a fair chance to acquire currency units, while at the same time retaining a strong incentive to obtain and hold Ether because the supply growth rate percentage tends to zero over time”.

Still, it is reasonable to build a substantial Ether holding right now when the price is relatively low. Head over to Swapzone to buy and swap Ether with Bitcoin or any other crypto coin of your choice.

With ETH 2.0 in the works, Ethereum staking is set to take off on a massive scale as the network switches to a Proof-of-Stake consensus method of transaction validation. Staking of Ethereum can be done on any laptop or computer by running a validator node of ETH 2.0. Although validating nodes requires some technical knowledge and has a strict 32 ETH entry limit, lucky investors can expect a reward of up to 5% yearly on staked Ether. However, if you do not have up to 32 ETH, you can connect your ETH to staking pools on Dapps to reap the benefits of staking.

The major advantage of staking ETH is that it increases the interest of network participants, and ensures the future profitability of the Ether coin. Also, investors get to earn passive income, become active participants of the Ethereum network, run their node, and stake ETH funds in several profitable pools and marketplaces.

If you think that staking Ethereum is worth it and do not want to miss out on this opportunity, buy and swap ETH from our website today so you can begin your staking journey.

*Every investment decision involves the risk of loss. The content of this website is informational only and should not be considered investment advice.

There is currently over 120 Million ETH in circulation on exchanges and private wallets. The initial trajectory of the future introduction of new ETH coins into the market was infinite. However, with the imminent launch of ETH 2.0, Ethereum developers are working on upgrades that will use the Proof-of-Stake transaction validation method which could cause ETH to become a deflationary asset and ultimately reduce the supply of future ETH into the market.

As of January 2022, 9 Million ETH was reported already staked, signifying the beginning of a reduction in the number of ETH coins available for trading on exchanges – thus driving the price significantly higher.

If you are interested in buying ETH, head over to Swapzone to buy and swap this cryptocurrency while the price is still relatively low.

Ethereum 2.0 marks a pivotal shift in the evolution of the Ethereum blockchain, transitioning from the proof-of-work (PoW) to the proof-of-stake (PoS) model in mid-September 2022. The upgrade, often referred to as Ethereum 2.0, aimed to address critical technical challenges, including network congestion, scalability issues, and accessibility limitations. This comprehensive overhaul seeks to establish a more efficient, eco-friendly, and scalable network.

The nomenclature "Ethereum 2.0" is now considered informal within the blockchain community, with the Ethereum Foundation preferring to simply call the upgraded blockchain Ethereum. The consensus layer is denoted as ETH 2, while the execution layer is referred to as ETH 1.1.

Initiated with the launch of the Beacon Chain in December 2020, Ethereum 2.0 introduces staking, a process where participants lock ether, the native token, in return for the privilege of engaging in the network's consensus and validation measures. Stakers are rewarded with fees paid in ETH.

The transition to proof-of-stake significantly reduced the network's energy consumption by approximately 99.95%, enhancing efficiency. Ethereum's ability to handle transactions improved, with the network presently processing around 29 transactions per second as of May 2023. Future updates, including "Proto-Dnaksharding" and "Danksharding," are anticipated to further enhance scalability.

Ethereum 2.0 positions Ethereum for broader adoption, making it more accessible across various industries. The recent Merge, occurring on September 15, 2022, did not significantly impact ETH's price, and Ethereum's transition is seen as a necessary evolution rather than an immediate market-altering event. The move positions Ethereum as a scalable global platform for developers, albeit distinct from Bitcoin, which serves as a payment method. Ethereum's journey to Ethereum 2.0 is likened to upgrading a spaceship mid-flight, with ongoing development efforts shaping the future of the blockchain.

The Ethereum network charges most of its fees in gwei – Ether’s smallest unit. However, users have been complaining about the rapidly increasing gas fees required to complete transactions on the network, especially during high volume times. The major reason for these high fees is the current ETH 1.0 Proof-of-Work method of node verification which requires gas to keep each node running to mine every new transaction block.

With the ground-breaking ETH 2.0 upgrade, users can expect to carry out thousands of transactions per second for significantly reduced gas fees. However, before the full launch of the ETH 2.0 upgrade, you can reduce your gas fees by either tipping miners or by using tools like ETHGasStation to ascertain current gas prices before sending your transaction.

If you are interested in buying ETH, head over to Swapzone to buy and swap ETH or other cryptocurrencies with low gas and transaction fees.

You could stake Ethereum if you have the funds. Ethereum staking could become more exciting and profitable at more than 5% APY with the new and improved ETH 2.0 set to be released to the network. All you need to stake your ETH is a balance of 32 ETH on your connected wallet and a full validator node running on your mining system.

Some critics have criticized the Proof-of-Stake system as a way of marginalizing investors with lower ETH capital but experts have countered with a reiteration that locked staked funds add to the continued increase in participation of community members as well as the assurance of continued price increase of ETH as more and more ETH are locked in staking pools thus reducing the amount of ETH available for trade on exchanges. Staking Ethereum could worth it, and if you do not want to miss out on this opportunity, buy and swap ETH from Swapzone today to begin your staking journey.

*Every investment decision involves the risk of loss. The content of this website is informational only and should not be considered investment advice.

Ethereum is the second-largest cryptocurrency by market capitalization with a total value of $390 Billion, second only to Bitcoin which has a market capitalization value of $810 Billion. Ethereum is decentralized and secure like bitcoin but has seen a lot more development and innovation compared to Bitcoin.

Although Bitcoin remains the cryptocurrency to beat, the premier cryptocurrency has a narrow focus, with only one aim of processing financial transactions. However, Ethereum has leveraged its much faster blockchain technology to establish a decentralized and transparent system of finance that enables functionalities such as smart contracts and DApps, taking it beyond just digital currency usage. Consequently, the larger developer community of Ethereum and its faster transaction processing time could put Ethereum slightly ahead of Bitcoin in terms of utility.

In sum, Ethereum functions as more than a digital currency. The Ethereum network is essentially an emerging marketplace for decentralized applications and smart contracts. If you are interested in a project that is more than just a digital currency, then Ethereum is the better choice. Head over to Swapzone to swap BTC for ETH now.

WETH is the same as ETH but wrapped. Wrapped versions of cryptocurrencies are made when they are used for payment or transactions on other blockchains aside from their native blockchain. In simpler terms, they are empty vessels that contain the original asset. For example, using BTC for payment on DeFi applications running on the Ethereum blockchain.

Another difference between WETH and ETH is that WETH follows the ERC-20 standard, while ETH does not. As a result, it is easier to use WETH on ERC-20-friendly decentralized applications. The difference ends there as both are valued equally and can be used interchangeably for payment.

In sum, WETH was introduced to the Ethereum network to add a layer of operability and seamlessness to the cryptocurrency between various networks and Dapps. At Swapzone, we offer both of these crypto coins to interested customers, you can buy and swap either ETH or WETH with other crypto coins on our exchange with low transaction fees.