To put it simply, Ethereum is similar to the blockchain version of Android and iOS, a blockchain APP platform. Ethereum is a global open source platform for decentralized applications (DApp). The name comes from Ether (Ether) and the suffix ruem (Greek meaning "oil"), which was translated as "Ether" by early community members in China.
Ether is a decentralized, self-consistent economic system that can run transferable computation and data, a decentralized blockchain platform for building decentralized applications (DApps), and Ether is the cryptocurrency used by the platform.
Ether makes it easy to create smart contracts that execute code on their own, which developers can use to handle a variety of applications.
Ether can be used for almost any type of transaction or protocol at a lower cost than traditional alternatives such as card payments, PayPal and voting, and is decentralized, de-trusted (no intermediary required), secure, efficient and censorship-resistant throughout.
Ether has been recognized by developers and giants for its feature of unique programmable design, and there are thousands of Ether-based APPs and digital currencies around the world so far. In 2017, more than 20 well-known companies, represented by JP Morgan, Microsoft and Intel, even jointly established the "Enterprise Ether Alliance", and more than 150 companies and organizations have joined this alliance.
How to buy ETH?
Looking for a way to buy ETH. You can purchase ETH on CoinTR following the steps:
1. Log in your CoinTR account and click [Markets]. Click on [Spot].
2. Search “ETH” using the search bar to see the available trading pairs. Take ETH/USDT as an example,click [Trade].
3.Go to the [Spot] box. Enter the amount of ETH you want to buy. You can choose from opening a Limit order or a Market order. Take Market order as an example. Click [Buy ETH] to confirm your order. You will find the purchased ETH in your Spot Wallet.