Is Ethereum-trading safe?
Trading Ethereum or any other cryptocurrency is directly connected to a high degree of risk. Choosing a trustworthy trading partner helps to mitigate the risk.
Here at Dzengi.com we do our best to build the safest trading environment. In partnership with the world’s famous British server host LD4 Equinix (used by the London, Frankfurt and Nasdaq stock exchanges), we ensure the best physical security.
Additionally, we use an advanced 2FA in different areas of the platform, from logging in to withdrawals/deposits. PGP/GPG email encryption and verification helps to guarantee your data and holdings are safe.
We store your funds in segregated accounts, completely separate from the company’s accounts.
Dzengi.com has built a robust infrastructure to keep your personal data and money safe. We are deeply committed to make you feel completely secure. And we succeed.
Is Ethereum a good investment?
By the end of 2020, traders are looking forward to the best altcoins that promise to be successful in 2021. Wondering what crypto to trade? Note that Ethereum topped the list of the best-performing altcoins in 2020.
Investors’ excitement over ETH was driven by the launch of the Ethereum 2.0, which is one of the major historical milestones, celebrating the debut of the network’s proof of stake algorithm.
Along with Bitcoin, Ethereum will also become one of the cryptocurrencies, supported by PayPal, which will also contribute greatly to the crypto’s adoption.
The skyrocketing growth of various Ethereum-based decentralised finance platforms (DeFi) will also boost Ethereum’s popularity among traders.
Should altcoin rally continue into 2021, investors will be closely watching the Ethereum performance and make their own predictions on whether it could surpass its all-time high of $1,394 within the next 12 months.
How to start trading Ethereum?
If you are reading this, you have already made a great first step to trading Ethereum. We are glad to see you join the Dzengi.com crypto trading platform.
Guiding you through the first steps, we can recommend you to start with the basics:
- Learn
New to trading? Get free trading education with deep analytical insights and analysis, handy trading courses, info-reach online lessons and an easy to understand glossary of terms. - Try a demo
Take a test-drive with a free demo account. Practice your skills and try various trading strategies. Unlimited funds, full platform functionality and zero risk — practice hard before going live. - Trade live
Take the next step in your journey by creating a live account. Ready to go? Start now with a minimum deposit of just 0.03 ETH. Get access to the top 2,000+ tokenized assets with leverage and tight spreads.
Ethereum and Ether: what is the difference?
Although Ether and Ethereum are often used interchangeably, there is a difference. Ethereum has a broader meaning, representing a global decentralised blockchain network that is designed for creating various decentralised applications (dApps).
Ethereum is an open software platform, allowing developers to program their smart contracts, building thousands of different apps. Smart-contracts do not need any intermediary, as the terms of the agreement are embedded into the code.
Services, created within the Ethereum network, need computer power, which is not free. This is why Ether was created. it works as a means of payment, functioning like cash in the apps built on the Ethereum network.
The native cryptocurrency of the Ethereum blockchain, Ether is the second largest crypto by market capitalisation.
