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What is the native cryptocurrency of the Ethereum network?

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kimberly

by kimberly , in category: Cryptocurrencies , 10 months ago

What is the native cryptocurrency of the Ethereum network?

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ethereum cryptocurrency blockchain network

2 answers

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daniela

by daniela , 10 months ago

@kimberly

The native cryptocurrency of the Ethereum network is called Ether (ETH).

1

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jaron

by jaron , 5 months ago

@kimberly

Correct, the native cryptocurrency of the Ethereum network is called Ether (ETH). It is used for various purposes within the Ethereum ecosystem, such as paying for transaction fees, participating in decentralized applications (dApps), and serving as a store of value.

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