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 | Description |
|---|---|
| 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.
Top crypto exchanges for exchange
Ethereum is the second most capitalized crypto asset after bitcoin. It is available for exchange on almost any trading platform. From the overall rating, the editorial staff highlights the top 5 crypto exchanges in terms of reliability, on which you can buy etherium for dollars or exchange in the opposite direction.
Currency.com. A legal cryptocurrency platform registered in Belarus. The platform offers customers:
- Spot trades, as well as margin trading (with leverage up to 100x in pairs with cryptocurrencies and up to 500x with fiat money).
- Purchase of tokenized assets (price is linked to oil, copper, gold, world indices, etc.).
- Training.
On Currency.com clients can convert ether to dollars. Pairs to euro, ruble, bitcoin and USDT tokens are also available.
Cex.io. This crypto exchange is considered one of the oldest: it started operating in 2013. The company is registered in London, has licenses from the regulators of Gibraltar, British Virgin Islands and others (over 30 permits in total). The platform allows verified users to trade cryptocurrencies in pairs with fiat money. On this exchange, you can buy or sell Ethereum for USD.
For FTT exchange’s internal coin staking, users can withdraw Ethereum and ERC-20 standard tokens with zero commission.
Kraken. Another exchange with a history – it has been operating since 2011. The platform is notable for its reliability, as it has never been hacked. On the platform, users have access to spot and margin trading, staking, futures, OTC transactions (off-exchange staking). Most pairs are offered to fiat currencies (US and Australian dollars, euros, Swiss francs and others).
Gemini. The crypto exchange is registered in the United States as a trust company. It provides services to clients in compliance not only with American legislation, but also complies with the legal regulations of the UK, Singapore and the European Union. On the platform, you can buy etherium for dollars, euros, pounds and DAI tokens.
Frequently Asked Questions
💵 How can I determine the value of etherium in dollars as of the current date?
You can use the online calculator on the website. It allows you to convert any whole or fractional number of ETH coins into dollars in real time. The calculator displays an average value based on data from top exchanges.
📅 How can I see the exchange rate for other dates in the converter?
The proposed tool has a built-in calendar. You can use it to select any other day.
📊 Why is the exchange rate on the crypto exchange different from the one shown in the converter?
Our calculator displays the average value from the top sites. If the price shown differs greatly from the converter, it is likely that the selected platform is overvalued or undervalued.
❔ Which crypto exchanges to buy ETH on?
Altcoin is offered on many trading platforms. Among the top platforms we can highlight Currency.com, Cex.io, FTX, Kraken and Gemini.
❗ What is needed to buy ETH coins for dollars?
The user needs to pick and register on the cryptocurrency exchange that offers the pair. Next, it will be necessary to verify, since the sites for compliance with the requirements of anti-money laundering legislation carry out customer identification. After funding the account in USD, the purchase of ETH will become available.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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