Perhaps now we are not too unfamiliar with the concepts of cryptocurrency, typically Bitcoin, Ethereum, or Ripple, which are the largest coins in the world and widely used. Thanks to outstanding features and useful, practical applications such as fast online payment, low cost, without organization or state management, high liquidity, and digital nature.
In today’s post, we will explain what Ethereum and Ether Fund are and show some reasons why investing in Ether Fund is worth it.
Facts About Ethereum
Before going into details, it’s essential to make sure you know the basics of Ethereum and Etherum quote
Ethereum (ETH) is a virtual currency released in 2015
Ethereum is abbreviated as ETH. This is the “birth name” of the cryptocurrency created by Vitalik Buterin in 2015.
It is also known by many different names. Specifically, such as:
– Bitcoin 2.0 coins.
– Ethereum cryptocurrency.
– Cryptocurrency ETH.
Ethereum is built from the Ethas algorithm. You can earn ETH in three ways:
– Buy Ethereum through exchanges on the network.
– Mining ETH by computer, and phone through complex technical requirements.
– Earn free Ethereum by playing, and clicking on vendor ads.
Currently the second most popular cryptocurrency after Bitcoin
Ethereum is currently used to pay fees incurred in the network of the same name. As of now, ETH is the second most popular cryptocurrency in the world, just behind Bitcoin.
How Does Ethereum Work?
ETH quickly caught the attention of the market as soon as it launched. It is the following preeminent way of operation that has made this virtual currency more and more attractive:
Works On A Blockchain Network
Ethereum works on the Blockchain. This technology allows the transmission of data by complex encryption. As a result, the information is effectively protected.
Thanks to cryptography, peer-to-peer networking, and game theory, Blockchain helps ETH strengthen its credibility. Therefore, you are protected by superior legal rights, away from unfortunate risks when participating in effective virtual network trading.
Transactions Are Recorded With Photos
Not stopping there, ETH brings a satisfying experience to participants because the system automatically captures transactions. This makes it easy to review the information when needed. This way also helps all exchanges here to be more transparent and fair.
At the same time, the above information is also updated continuously. Therefore, ETH helps you have a smart and caring “virtual assistant”. Therefore, we do not worry about missing the performed activities at any time.
Our Ether Fund
The ETF’s investment objective is to provide holders of units exposure to Ether through an institutional-quality fund platform.
The YIELD App Ethereum Fund is a highly attractive prospect for ETH holders, who can be assured of a market-beating yield regardless of price volatility. In the future, YIELD App also plans to offer in-app token swaps, allowing for ease of movement between ETH and stablecoins that offer the same APY.
Reasons Why You Should Invest In Ether Fund
Ether Fund is a good way to channel your money into the Ethereum exchange market. Here we present some benefits of investing in an Ether Fund:
Direct
The funds only invest in Ethereum. The ETF will not buy or sell ETH directly. When it sells or redeems its shares, it will do so in baskets of 100,000 shares at the Trust’s net asset value (NAV).
Simple
You get exposure to Ether without the hassle of keys, digital wallets, cold storage, or the need to convert to cash.
ETFs can be sold, bought, and held using traditional brokerage accounts. Also, they do not require setting up a digital wallet whose password may be lost.
Secure
The funds’ Ether is stored safely in “cold” storage that is completely offline. This isn’t just a claim to paper like Ether futures; it’s the real deal. When you buy the ETF, we buy real Ether with your money. By holding this ETF, you hold actual Ether in your portfolio.
ETFs are issued by regulated companies, reducing the risk of fraud, scandals, or collapses associated with cryptocurrency investments.
Cost-effective
The biggest benefit of Ethereum ETFs is that they provide exposure to the crypto without the additional expenses of ownership. This exciting crypto offering has no investment minimums.
Smart
Investors get the expertise of cryptocurrency leaders from many experts in this field.
Diversification
An ETF can hold more than just one asset, providing investors with the opportunity to mitigate risk and diversify their portfolios. Similarly, by trading on a regulated market exchange, an Ethereum ETF would provide investors with the chance to diversify their existing equity portfolios.
Conclusion
Right now, we recommend using Ethereum as a good investment. The price of most virtual currencies has dropped recently, and so has the price of Ether. So, if you’re looking to learn how to invest in Ethereum, now would be a good time to do it.
This year could be a good year for Ethereum. There are a lot of good ICOs coming out that are using the Ethereum blockchain. They are also looking to release new updates that can address scalability issues (which can be huge!).
These factors tell us that there is a good chance that ETH will appreciate compared to where it is now –, and it could be one of the safest cryptocurrencies to invest in at the moment.
Whether you buy ETH long-term or short-term is entirely up to you and your Ethereum investment goals. You can make money with either strategy. The best thing you can do is always do thorough research before investing. It is wise to talk to a financial advisor or a professional who can give you helpful advice about your finances.
An important rule for all investors is this: only invest what you are willing to lose. The virtual currency world is always volatile and young; Anything can happen. Don’t make investments you can’t afford, and do your research before putting your money in.
