Ethereum & Ether (ETH)

Ethereum was created to support smart contracts and decentralized applications, with its associated cryptocurrency, Ether, initially distributed in 2014 - and now issued through proof-of-stake. Ether, or ETH, is used to pay transaction fees and power applications like decentralized exchanges or digital collectibles. Unlike Bitcoin, the Ethereum platform is designed as a programmable platform, and some investors find ETH attractive because it underpins a large ecosystem of applications and may benefit from network usage growth. Trades placed through Interactive Brokers are executed via regulated partners, with custody and settlement handled through those intermediaries. IBKR Glossary: https://www.ibkr.com/campus/glossary Open an account at Interactive Brokers: https://ndcdyn.interactivebrokers.com/mkt/?src=glossaryCryptoAcc&url=%2FUniversal%2FApplication