Ether (ETH) is the token underlying the Ethereum Blockchain, which is used as the “fuel” or “gas” to power the Etherum network. Ether is the largest c
ScienceLovers - Ether (ETH) is the token underlying the Ethereum Blockchain, which is used as the “fuel” or “gas” to power the Etherum network. Ether is the largest cryptocurrency after Bitcoin.
Ethereum can not only be used as a digital currency, many applications and tokens are based on Ethereum.
To get Ethereum can be read in this article, then how is the easy way to play Ethereum? Here are the steps:
Join the Airdrop/Bounty Program
The Airdrop/Bounty program is the crypto community's favorite choice. The Airdrop or bounty program is a marketing activity carried out by companies by distributing cryptocurrencies in return.
In addition to being easy and simple, the amount of Ethereum offered is also quite good. For example, the ShapeShift platform is holding a campaign with ETH prizes every week.
Create an Ethereum Wallet
To make an Ethereum wallet can be said to be very easy and does not take long, there are several sites to create an Ethereum wallet, one of which you can create an Ethereum wallet on the Ethereum Wallet.
After creating a new wallet on Ethereum Wallet, you have to download the Keystore and you will get the Private Key.
Keystore is used to open your wallet, store the Private Key in a safe and easy-to-remember place.
List on the Exchange
Of course, the easiest way to play Ethereum is to trade on your favorite Exchange.
There are many choices of exchanges that are really suitable for you, if you are still confused about which exchange to choose, you can read a comparative article on exchanges in Indonesia here.
By using an exchange platform or crypto asset exchange, you can trade the ether you have.
You can also exchange it for BTC, XRP, or other crypto assets.
Check Market Price
To get a lot of profit, you have to pay attention to the selling and buying prices of Ethereum. The principle is to buy at a low price and sell at a high price.
To find out the best ethereum buying and selling prices from various exchanges, you can check cryptocurrency.id
Games
As described above, Ethereum can be applied in various industries and fields. One of the applications of the ethereum blockchain is in the gaming industry.
One of the most famous Ethereum based games is Cyrptokitties. However, nowadays more and more ethereum-based games are being released.
Arbitrage Trading
To maximize profits from trading Ethereum, you can do arbitrage trading. Arbitrage trading takes advantage of the difference between buying and selling prices on various exchange platforms. You compare the best selling and buying prices on the exchanges of your choice.
To find out the best ethereum buying and selling prices from various exchanges, you can check cryptocurrency.id
Ethereum Mining
You can also play ethereum by mining ether coins. First of all, need to install the GPU and plug in the computer.
Then create an Ethereum wallet (like Mist or MyEtherWallet). Then join the Ethereum mining pool. If you have, you can start mining!
Mined ether can be stored in a wallet, or transferred to an exchange account of your choice to be traded or converted into other crypto assets, such as Bitcoin.
Cloud Mining
Cloud mining is a mining method without the need to have your own computer or mining rig. By using cloud mining, you can rent mining computing power from cloud mining companies.
There are several cloud mining providers that you can use, such as Genesis, Hashnet, Hashflare, Hashing24, and others.
