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Ether (ETH)
HomeGlossary TermsEther (ETH)

Ether (ETH)

June 28, 2023BY Ubik Capital
156Views

Ether (ETH) serves as the native cryptocurrency of the Ethereum blockchain and holds a crucial role within the Ethereum ecosystem. ETH is used for paying transaction fees, referred to as gas, on the Ethereum blockchain. Additionally, ether facilitates interactions with and between smart contracts across the Ethereum platform and its wider ecosystem.

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