Why Buy Ethereum?
Ethereum (ETH) is the world's leading smart contract platform, enabling decentralized applications (dApps) and programmable money. As the foundation for DeFi, NFTs, and Web3, Ethereum has become essential infrastructure for the decentralized internet.
- Smart Contracts: Ethereum pioneered self-executing contracts that power DeFi protocols, NFT marketplaces, and decentralized autonomous organizations (DAOs).
- Developer Ecosystem: The largest developer community in crypto, with thousands of active projects building on Ethereum.
- Network Effects: Most DeFi protocols, stablecoins, and NFT platforms are built on Ethereum, creating strong network effects.
- Proof of Stake: After "The Merge" in 2022, Ethereum transitioned to energy-efficient Proof of Stake, enabling staking rewards.
Important: Cryptocurrency investments are highly volatile and speculative. Only invest what you can afford to lose.
Ethereum at a Glance
- Symbol: ETH
- Market Rank: #2
- Launch Year: 2015
- Creator: Vitalik Buterin and team
- Consensus: Proof of Stake
- Staking: Yes (min 32 ETH for solo)
Best Places to Buy Ethereum in Canada
All exchanges below are FINTRAC-registered. ETH is available on all major Canadian platforms.
| Exchange | Trading Fees | Deposit Methods | Best For |
|---|---|---|---|
| Bitbuy | 0.1% - 0.5% | Interac e-Transfer, Wire | Beginners |
| NDAX | 0.2% flat | Interac, Wire, Card | Low fees |
| Kraken | 0.16% - 0.26% | Wire, Crypto | Staking available |
Frequently Asked Questions
What's the difference between Ethereum and Bitcoin?
Bitcoin focuses on being digital money, while Ethereum is a programmable blockchain enabling smart contracts and dApps. Ethereum uses Proof of Stake; Bitcoin uses Proof of Work.
Can I stake Ethereum in Canada?
Yes. Exchanges like Kraken offer ETH staking with no minimum. Solo staking requires 32 ETH, but liquid staking lets you stake any amount.
Disclaimer: For informational purposes only. Not investment advice. Crypto is volatile and speculative.