What is Ethereum?

Ethereum is an open-source network based upon blockchain, the same technology that Bitcoin runs on. Ethereum started trading in July 2014.

Ethereum runs decentralized applications, and its currency, Ether, powers transactions. That means that application developers pay for services provided by the network with Ether.

Ether is tradable, but it’s important to note that it is more than just a simple cryptocurrency: it is a feature of a larger project that aims to create a global, decentralized blockchain network

ETH will be available on Wealthsimple Crypto at launch. If you’re interested in trading ETH — or BTC — be sure to join the waitlist!