Exchange rate
1 ETH = 0.061613 BTC
4.99742339 BTC

What is Ethereum

First and foremost, Ethereum is an open-source platform that allows building decentralized applications (DApps) with the help of smart contract technology. Launched in 2015, it has experienced a tremendous increase in popularity: today, there are hundreds of Ethereum-based tokens. Thanks to the easily programmable ERC-20 token format, there was a great ICO boom in 2017 and the DeFi hype in 2020. Both crazes were mainly based on Ethereum.

The platform has been established by 8 co-founders. At the moment, it is led by a large team. However, it is only Vitalik Buterin who is performing the role of the project’s curator.

Ether, or ETH, is the native cryptocurrency of Ethereum. It’s ranking 2nd on Coinmarketcap with a constantly growing price over $500. Ethereum’s market cap is over $66MM. There is no max supply, and the current supply exceeds 113.5MM.

Should I Buy Ethereum?

Like any cryptocurrency, Ether has its risks and rewards. It is important to keep in mind that Ethereum is still in its very early stages of adoption and volatility is to be expected. But currently, there is an appetite for investment into Ether, making it one of the most sought-out cryptocurrencies in the industry – along with Bitcoin, Binance Coin & Polkadot. And that’s worth looking into.

We would also like to stress that we are not financial advisors or planners. You should consult an expert to discuss your individual circumstance.

Ethereum Exchange Advantages on RaincityEX

  • At RaincityEX your privacy and security are important to us. Our non-custodial service will never control, store, or hold your funds in any way.
  • RaincityEX provides fast transactions that take less then 10 minutes on average.
  • Honesty above all. No Extra Fees. Network fees and exchange charges are included in the rate.
  • Quick & Easy registration allows you to start exchanging cyrptocurrencies within a few minutes.
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Ethereum Frequently Asked Questions

If you want to invest in Ether, the best way is to buy Ether is through a trusted online cryptocurrency exchange, like RaincityEx. Our online exchange offers low transaction fees, shorter waiting times, and is by far the most convenient way to buy Ether in Canada.

In general, it takes around 15 minutes for a transaction to be processed. The time may vary depending on the blockchain.

The ETH price in real-time is displayed in exchange box at the top of the page. This rate is calculated by our Ethereum calculator, and it contains all fees for the crypto network and our service fees.