During periods of high volatility, the price of top cryptocurrencies changes from 3% to 10% or higher within a few hours. Users monitor the price of Ethereum to choose a good moment for a transaction. To monitor the price, the calculator of the exchange rate of etherium to the dollar (ETH/USD) helps. With its help, you can quickly determine the amount in fiat for any number of coins.
ETH/USD currency converter
The calculator works online. It allows you to determine the amount for the cryptocurrency in dollars depending on the current exchange rate of the coin. You can also toggle the ETH/USD converter for reverse conversion.
To use the calculator, you need to follow the steps below:
- Go to the conversion page.
- Select the direction of exchange.
- Specify the number of etherium coins.
- View the total amount expressed in USD.
The cases in which users apply the proposed tool are listed in the table.
Tasks | Descrição |
---|---|
Comparing information on an asset before buying | Visitors to our site can easily determine the amount in USD to purchase etherium. Next, they will be able to compare it with the one on the crypto exchange. If the trading platform shows a significantly higher amount, then the rate on it is overvalued. Other options can be picked up. |
Determining profit or loss | With an increase or decrease in the exchange rate of ETH, the user with the help of the converter will easily determine how much the amount he invested in USD has become larger or smaller. To do this, you do not have to constantly log in to the crypto exchange. |
The calculator also allows you to see the value of coins in the past time. To do this, you need to change the date in the drop-down calendar. The information will pull up from the archive.
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How the calculator works
The proposed tool allows you to track the price in real time. Data on the current rate of etherium is pulled from the top exchanges (Currency, Binance, Coinbase, OKX and others) by connecting to them via API. The value is determined as an average value from these sites. It is displayed on the screen. On different exchanges, the parameter may differ slightly.
In order for the online calculator of etherium in dollar to show the latest information, the data from crypto exchanges are updated every second. Only in this case, the user will be able to determine the real price.
Actual exchange rate of ETH to USD
Track the dynamics of changes in the cost allows you to track the hourly chart. With its help, you can see the decrease and increase in price in real time. This will allow you to determine the volatility of the altcoin at the current moment. Detailed information can be found on the page of the exchange rate of etherium to the dollar.
Autor: Saifedean Ammous, especialista em economia da criptomoeda.