Ethereum Now Available on SafeTrade
The SafeTrade cryptocurrency exchange has been regularly adding new coins since it was launched earlier this year. We have introduced a lot of new coins on the exchange, however I think it is fair to say that the addition of Ethereum is the most significant. It will help take the exchange to the next level.
Proposed by Vitalik Buterin in 2013 and later launched in 2015, Ethereum did not take long to establish itself as the second biggest coin in cryptocurrency. A whole token eco-system has been built upon the coin and its smart contracts.
You can now trade Ethereum on SafeTrade. You will find it under the ticker symbol ETH.
Ethereum – The Blockchain App Platform
Ethereum uses the Ethash mining algorithm. Whilst there are Ethash ASIC machines now available, Ethash remains one of the most popular algorithms to mine among GPU miners (in particular, Ethereum and Ethereum Classic, which continue to use the original blockchain).
Smart contracts enables everyone to run applications upon the Ethereum blockchain. These contracts have been used to create many unique tokens, contracts, and registries. The fact that anyone can build upon the Ethereum blockchain in this way has been a major factor in its success.
Going From Strength to Strength
Please be sure to stay tuned for more updates as in the future we will be adding more Ethash coins and Ethereum based tokens.