Ethereum is an open-source blockchain platform with its own cryptocurrency called ETH. The network’s users can create, publish, monetize, and use applications on the platform and use its native cryptocurrency (ETH) as payment for using these DApps. The fees paid to use DApps are called “gas fees” - which vary based on the amount of computational power required.
Looking for world-class cryptocurrency portfolio management tools? Manage your digital wallets across multiple exchanges and trade anytime, anywhere. Sign up for Coinigy Now