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Exchange Ethereum (ETH)

If you are wondering how to exchange ETH on Binaryx, we will assume that you already have a registered account with a positive Ethereum balance (ETH coins amount). The following data is provided according to this information. In case if you are Binaryx user and Ethereum holder exchanging your assets will take less than a minute.

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How to exchange Ethereum (ETH) on Binaryx?

1. Log-in to your personal account.
2. Check your balance. Go to the Wallet section to check your Ethereum balance.

3. Use the Quick Exchange option. Quick Exchange option of your Wallet will calculate the exchange amount after specifying the exchange amount.
4. Confirm the operation. Please note: We charge a 0.7% fee for completing your operation.

5. Successful exchange. Congratulation, now exchanging ETH to another currencies is no longer a problem!

FAQ

How do you exchange Ethereum?
Ethereum exchange using internal exchange accounts.
How to find out the Ethereum exchange rate?
You can see the Ethereum price chart with basic trading and analytical tools on the site.
Where is Ethereum stored after exchange?
After the exchange Ethereum can be withdrawn, used for trading, sold or stored on the exchange wallet.

Popular questions on the exchange of ETH

Buy

We live in a modern world where the convenience, speed, and reliability of money transactions are extremely important. We understand the importance of fast and easy transactions and implemented the best practices for Binaryx platform. Today, you can buy cryptocurrencies in just a few simple clicks. The whole process takes no more than 1-10 minutes. We have tried the best to do these operations as much as user-friendly, as it is even possible.

Sell

If you are wondering how to sell ETH to Binaryx, we will assume that you already have a registered account with a positive Ethereum (ETH) balance. The following data is provided according to the information above. In case if you are Binaryx user and Ether (ETH) coins holder – selling your assets will take less than a few minutes.

Exchange rate

Binaryx Exchange Module is known to be the fast way to exchange your funds. Ethereum to Fiat exchange and ETH to other cryptocurrencies exchange (or vice versa) is just lightning fast and takes only a few seconds. The exchange operation occurs at the current rate (the rate is being updated every second).

Storage

Storing cryptocurrency and fiat assets in Binaryx Wallet is totally free and safe procedure. You do not longer need to have several different wallets – Binaryx Wallet is a perfect place to hold all your cryptocurrency portfolio in a single place! For the convenience of users, every wallet is personalized. It displays the current position of your balance and the history of all completed transactions. Track all the movements of your assets, or Deposit and Withdraw your funds with a few simple clicks. Only you have access to your wallet (portfolio), so it automatically makes your wallet safe (if you keep your login and password safe).

What is Ethereum?

Ethereum is an open-source, blockchain-based, decentralized software platform used for its own cryptocurrency –  ETH (the Ethereum’s ticker). Both service and the cryptocurrency asset were launched in early 2015.

By decentralized asset we mean  Ethereum is not controlled by any single governing entity.

While many cryptocurrency assets work on Bitcoin blockchain, Ethereum creators preferred to launch their own one – Ethereum blockchain. It’s worth noting the fact that as Bitcoin blockchain supports not only BTC transactions, Ethereum blockchain supports other cryptos as well. On the Ethereum blockchain, a smart contract is working as a self-operating program that automatically executes when specific conditions are met. Blockchain allows smart contracts’ code to be run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

Ethereum is not just a platform or a same called cryptocurrency coin, but also a programming language (Turing complete) running on a blockchain, helping developers to build and publish distributed applications. In other words, as the code is open-sourced, other teams can create their own projects using Ethereum blockchain because anyone around the world is able to freely connect to the Ethereum network.

Ethereum is a cryptocurrency coin which is gaining popularity quite rapidly. And today, ETH is the second-largest cryptocurrency. In all respects, this asset is second only to Bitcoin, the king of the cryptocurrency market.

But, there is something in which ETH is superior to BTC – transactions through the Ethereum blockchain are much faster: the average transaction time is about 14 or 15 seconds, while Bitcoin transactions on average process takes about 10 minutes. And, in the current circulation there are many more Ether units than Bitcoin.

Although Ethereum is sometimes called as “bitcoin 2.0” their purposes are quite different even despite a certain similarity in these projects. The main value of the Ethereum network is not cryptocurrencies, but the capabilities of a virtual platform.

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Beside credit & debit cards and wire transfer, Binaryx offers the ability to use cryptocurrency to convert it into another digital or fiat currencies. We care about the best user experiences so offer reliable and lightning-fast transactions.
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Digital currencies that we operate

  • Bitcoin
  • Ethereum
  • Litecoin
  • Bitcoin Cash
  • Tether
  • Ripple
  • ChainLink
  • Binance Coin
  • Holo
  • OMG Network
  • Enigma
  • Compound
  • Uniswap
  • Tron

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