Everybody knows about Bitcoin but not many have heard of Ethereum. It’s part of the fast-growing crypto craze that’s sweeping through the markets and mainstream culture. If you have the desire to buy Ethereum in Austin, then keep reading to find out why it’s an attractive investment.
What Exactly is Ethereum?
Ethereum is a blockchain platform that is completely decentralized and allows peers to make direct transactions with one another. It’s open source and can be used to create smart contracts and dapps, which is short for decentralized applications. Users can invest in the platform through its native currency, which goes by the name Ether, and earn interest on their portfolio, engage in nonfungible token trading, gaming, and trade other cryptocurrencies.
How Much Is Ethereum Worth?
Ether was worth around .90 cents at the beginning of 2016. It is now in the low four figures (around $3,200) as of the beginning of 2022. This translates into game-changing money for those who bought when the price was so low and held. Don’t fret if you feel you’re too late to the party. Ethereum is expected to continue growing as the crypto craze continues. So, there’s still time to get in at a good price.
How Do I Buy Ethereum in Austin?
If you’re looking to pick up some Ethereum in Austin, then you’ve got choices. There are ATMs at different locations throughout the city that offer easy Ethereum transactions. You can buy and sell Ethereum and other cryptocurrencies at these kiosks, and you can even withdraw cash money, all without the use of credit and debit cards.
For more information on how and where to buy Ethereum in Austin, contact RockItCoin Bitcoin ATM today.