What are the formal platforms where Ethereum can be bought and sold?

The ten most trustworthy Ethereum buying and trading platforms: Coinbase: suitable for beginners, high security Binance: large transaction volume, low fees Kraken: high security, supports multiple fiat currencies Gemini: extremely high security, regulated Crypto.com: supports multiple currencies and provides lending services Huobi: large transaction volume, medium fees Gate.io: supports a large number of trading pairs, good liquidity OKX: low transaction fees, rich trading tools Bybit: optimized for leveraged trading, fees Low-cost FTX: Good liquidity, providing futures contract trading

Recommended Ethereum buying and selling platform: Top ten formal platform choices

Introduction
For individuals and investors who want to buy and sell Ethereum, choose A formal and reliable platform is crucial. This article will list the latest ten formal Ethereum trading platforms and analyze their advantages and disadvantages.

1. Coinbase

• Advantages: Friendly interface, suitable for beginners, high security
• Disadvantages: Higher transaction fees

2. Binance

• Advantages: Huge transaction volume, low fees
• Disadvantages: weak supervision, security concerns

3. Kraken

• Advantages: high security, supports multiple legal currencies
• Disadvantages: complex interface, not suitable for beginners

4. Gemini

• Advantages: Extremely safe and regulated
• Disadvantages: Higher transaction fees and smaller transaction volume

5. Crypto.com

• Advantages: Supports multiple currencies and provides lending services
• Disadvantages: higher fees, slow customer service response

6. Huobi

• Advantages: large transaction volume, medium fees
• Disadvantages: weak security, hacker attacks have occurred in the past

7. Gate .io

• Advantages: supports a large number of trading pairs, good liquidity
• Disadvantages: lax supervision, security risks

8. OKX

• Advantages: low transaction fees, rich trading tools
• Disadvantages: Chinese platform, does not support all countries

9. Bybit

• Advantages: Optimized for leveraged trading, low fees
• Disadvantages: Does not support fiat currency transactions, only suitable for experienced traders

10. FTX

• Advantages: good liquidity, providing futures contract trading
• Disadvantages: recent bankruptcy, unreliable security

Ethereum (ETH) price update

As of August 22, 2024 At 15:00, the price of Ethereum (ETH) was $2,626.50, with a 24-hour trading volume of $129.8 billion.

Latest Changes

The price of ETH increased by 0.96% in the last 24 hours. This is mainly due to positive market sentiment and the success of a recent major network upgrade that has improved the efficiency and security of the network.

Factors affecting price

Factors affecting ETH price movement include:

• Market sentiment and overall demand for cryptocurrencies
• Network upgrades and development
• Cryptocurrency regulation and institutional adoption

Future Outlook

Analysts expect ETH price to continue rising in the medium term as the ETH 2.0 transformation continues and institutional adoption increases. However, there may be volatility in the short term.

Recommended Action

For investors, it is important to conduct your own research and consult a financial professional before making any investment decisions. Ethereum is a highly volatile asset, so prudent investing is crucial.

Short-Term Forecast

In the short term, ETH price is expected to trade sideways around current levels with high fluctuations.

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