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Ethereum ETH

Find out detailed information about the Ethereum (ETH) and easily buy or sell at the real-time exchange rate.

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Ethereum(ETH) price - exchange rate 6/12/2024 10:04 PM is 3,293.76 EUR. In dollars the price is 3,538.49 USD.

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This is for informational purposes only
This is for informational purposes only
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Follow 4 easy steps to purchase ETH.


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What is the Ethereum (ETH) price - exchange rate today?

On 2024-06-12 the current Ethereum price/exchange rate is 3,293.76 EUR.

What is Ethereum (ETH) and how does it work?

Ethereum (ETH) is an open-source blockchain platform (network) that has its own cryptocurrency Ethereum (Ether) and its own programming language Solidity.

Ethereum is designed to be a more customizable and flexible value exchange technology. 

It is more than just a network for value transfer and recording transactions in the blockchain. 

Just like Bitcoin was created to decentralize the modern financial system, Ethereum aims to use the same technology to replace internet third parties.

The advantage of Ethereum as a network is that its users can create, publish, monetize, and use programs and applications on the platform and can use the cryptocurrency Ether as a means of payment.

These applications are known as Dapps - decentralized applications. 

"Dapps" are open-source software based on an Ethereum blockchain. 

One of their main features is that they don't need a third party to function.

This is why Ethereum describes itself as "the world's programmable blockchain".

Ethereum as a cryptocurrency is second in market value after Bitcoin.

How many Ethereum (ETH) coins are in circulation?

At the moment of writing this text, there are around 120 million Ethereum in circulation. 

Unlike Bitcoin, which can have a maximum amount of 21 million tokens in circulation, the total number of Ethereum is not limited. 

The explanation for this is that Ethereum is expanding as much as there is demand for it.

What are the benefits of Ethereum (ETH)?

Ethereum has revolutionized the concept of smart contracts on the blockchain platform. 

Smart contracts are computer programs that automatically execute actions that are necessary to fulfill the agreement between several parties on the internet.

Smart contracts reduce the need for intermediaries when concluding contracts, and at the same time, they increase reliability.

This results in the following advantages of Ethereum as a network:

  • No government or organization has control over Ethereum. Ethereum runs on a decentralized computer network around the world that secures the network and conducts all transactions.

  • Ethereum is an open-source network. This is an advantage for network users as it allows them transparency, security and stability.

  • Because there are no intermediaries, Ethereum is a much more cost-effective option as a means of payment compared to other currencies or traditional payment methods, especially when used for online purchases.

How to mine Ethereum (ETH)?

Before the major upgrade of the Ethereum network, the ETH coin was mined the same way as Bitcoin using the Proof-of-Work (POW) protocol.

After the upgrade, the Ethereum network switched to the Proof-of-Stake (POS) consensus mechanism.

When the network switched to a new consensus mechanism, mining as a way of adding new blocks of transactions to the blockchain was no longer needed.

Ethereum 2.0 no longer requires the use of expensive mining devices. 

Now it is enough to deposit a certain amount of ETH coins in a "staking pool" in order to acquire the right to be a validator in the network.

To become a node and validate transactions in the network the user has to lock a minimum amount of 32 ETH coins in the staking pool.

Validators have a similar task as miners in the Proof-of-Work mechanism - they confirm transactions and create new blocks.

Ethereum's move to Proof-of-Stake consensus should allow the network to be more energy-efficient and scalable.

Who is the founder of Ethereum?

Ethereum has a total of eight co-founders. 

Vitalik Buterin - a Russian-Canadian programmer is probably the best known among them. 

He issued the original Ethereum white paper in 2013.

Gavin Wood is also a key figure in founding Ethereum. 

He implemented Ethereum, and he introduced the “Solidity” program language.

The other co-founders of Ethereum are:

  • Anthony Di Iorio
  • Joseph Lubin
  • Charles Hoskinson
  • Amir Chetrit
  • Mihai Alisie

How to buy Ethereum (ETH)?

On the Bitcoin Store platform, you can easily buy Ethereum and more than 170 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification, you can deposit (EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:

  • internet or mobile banking
  • card deposits (VISA, Mastercard)
  • bank transfer
  • payment slip
  • cash payment in the Bitcoin Store physical exchange office

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet, and you can start purchasing cryptocurrencies.

How to sell Ethereum (ETH)?

On the Bitcoin Store platform, you can easily sell more than 170 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, Trust Wallet, Ledger, Treasury, etc., or various trading platforms and must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful, you can sell your cryptocurrency. 

You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

Can I buy or sell Ethereum (ETH) for cash?

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb, Rijeka, Osijek, and Split.

Verifying your identity via ID card is not required for all transactions up to 1000,00 EUR.

You can deposit cash directly to your Bitcoin Store account in the exchange office. 

The deposit amount will be visible immediately and ready for your next cryptocurrency purchase.

Where can I store Ethereum (ETH)?

You can store Ethereum in your digital wallet. 

When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:

  • desktop wallet
  • mobile wallet
  • online wallet

Cold Wallets include:

  • hardware wallet
  • paper wallet

You can also store ETH on your own Bitcoin Store Wallet

The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:

  • store more than 170 cryptocurrencies
  • deposit, withdraw, and store funds in EUR
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Bitcoin Store Wallet

Registered users have free access to the Bitcoin Store Wallet (digital wallet) on which you can safely store more than 170 cryptocurrencies. Simply make a deposit and withdraw funds or transfer crypto to other digital wallets.

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Ethereum price, investment and fees

Real-time Ethereum price 6/12/2024 10:04 PM is €3,293.76.

How often does the Ethereum (ETH) price change?

Cryptocurrency prices are updated every second according to the rates of global stock exchanges. The exchange rate list of the Bitcoin Store platform shows the middle exchange rate for cryptocurrencies. When buying or selling cryptocurrencies, the buying or selling rate (with the fee included) will be displayed.

What is the fee for buying or selling Ethereum ETH?

Bitcoin Store does not charge a commission when buying or selling cryptocurrencies. Cryptocurrencies are bought / sold exclusively at their buying or selling rate. Bitcoin Store exchange rate can vary by 1% to 4% compared to the rates of global exchanges. The exchange rate can be changed with respect to the requested amount when placing orders. Depositing and withdrawing funds from the Bitcoin Store Wallet is free of charge.

What payment methods do you support?

Bitcoin store supports buying / selling cryptocurrencies via: Bank transfer (SEPA), cash payment, Internet and mobile banking, Transferwise, Revolut (entering “Reference number” within the Reference field is mandatory)*.

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