If I wish to have my order executed immediately I can place a ‘market’ order, which will buy or sell at the best market price. If I wish to set a desired price to buy or sell I can place what is called a ‘limit’ order. How can I convert Ethereum to US Dollars? Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In the Ethereum protocol and blockchain there is a price for each operation. The general idea is, in order to have things transferred or executed by the network, you have to consume or burn Gas. The cryptocurrency is called Ether and is used to pay for computation time and for transaction fees.
To convert to ETH: Transaction fee = 378,000 gwei * 0.000000001 ETH/gwei = 0.000378 ETH Blockchain Startup Kinto Plans 'First KYC'd' Ethereum Layer-2 Network After Raising $5M Bitfinex offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO and many other digital assets with minimal slippage.
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