CEX.IO Bitcoin Exchange Launches Ethereum Trading
CEX.IO Bitcoin exchange launched trading Ethers, currency used by the Ethereum decentralised platform that runs smart contracts.
Following trends, CEX.IO has expanded the range of currencies traded on the exchange with ETH/BTC and ETH/USD. Famous for user-friendly experience of buying cryptocurrency with payment cards, CEX.IO opened an opportunity not only to trade Ether for Bitcoin, but also to easily buy ETH using Visa or MasterCard.
“Ethereum is a unique and one of the most promising projects within blockchain industry,” Oleksandr Lutskevych, CEO and Co-Founder of CEX.IO. “As the Ethereum market develops, we found it extremely important to support innovations and launch Ether trading on CEX.IO.”
At the moment of writing, market capitalisation of ETH is on the second place after Bitcoin, and is over $600,000,000. ETH average market price is about $8, which is many times higher, than most altcoins on the network.
Ether is crucial for developers who want to build apps using the Ethereum blockchain, as well as for users who are aiming to access and interact with smart contracts. In their turn, professional traders consider using ETH volatility in their trading strategies.