What is ETH?

Ethereum, also known as ETH, is a blockchain platform that goes beyond digital payments. Launched in 2015, it enables developers to create decentralised applications and smart contracts, which automatically execute when predefined conditions are met.

While Bitcoin was primarily designed as a digital currency, Ethereum was built to support a broader ecosystem of blockchain-based services. These include decentralised finance (DeFi), digital collectables (NFTs) and a wide range of other applications.

Thanks to its flexibility and active developer community, Ethereum has become one of the most widely used blockchain networks and continues to drive innovation across the crypto industry.

Cryptoassets are high-risk and may not be right for everyone. The value of your crypto can go up or down at any time and may even fall to zero. You should only invest if you fully understand the risks and if it suits your financial situation. Funds used for crypto transactions are not safeguarded and are not covered by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service.

Cryptoasset services are provided by Synterra Innovations Ltd., registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to offer virtual currency services (registration no. C100000635). You can verify the company’s registration here via the official register. Synterra Innovations Ltd. is not permitted to carry out virtual asset activities in the European Union and United Kingdom. These services are not offered by, affiliated with, or endorsed by Altery LTD, which is authorised and regulated by the Financial Conduct Authority (FCA) in the UK.

Read the full Risk Disclosure of Synterra Innovations Ltd. for more details.