What is Ethereum? What are the ways to obtain Ethereum ETH?

Ethereum is a decentralized application platform based on smart contracts, and its native token ETH can be obtained in a variety of ways. 1. Register an account through centralized platforms such as Binance and Ouyiok, complete KYC certification and purchase ETH with stablecoins; 2. Connect to digital storage through decentralized platforms, and directly exchange ETH with stablecoins or other tokens; 3. Participate in network staking, and choose independent pledge (requires 32 ETH), liquid pledge services or one-click pledge on the centralized platform to obtain rewards; 4. Earn ETH by providing services to Web3 projects, completing tasks or obtaining airdrops. It is recommended that beginners start from mainstream centralized platforms, gradually transition to decentralized methods, and always attach importance to asset security and independent research to fully integrate into the Ethereum ecosystem.

Learn more about Ethereum

Ethereum is a decentralized global computer platform that runs programs (DApps) that are not controlled by any single entity. At its core, smart contracts —automatically executed code (such as digital contract robots), without trusting third parties. Users need to pay ETH as a handling fee (Gas) when using the network . Unlike Bitcoin (digital gold), Ethereum is a programmable blockchain platform that supports the development of DeFi, NFT, games and other applications, becoming the most active Web3 ecosystem. The main way to get Ethereum (ETH). There are many ways to obtain ETH, from simple and direct transactions to participating in network ecological construction. Here are several common methods.

1. Transactions through centralized platforms

This is the most direct and convenient way for most beginners. The centralized trading platform (CEX) plays the role of an intermediary in the digital asset market, providing users with a smooth buying and selling experience. World-renowned platforms such as Binance, Ouyiok , Huobi HTX and Gate.io gate all provide ETH trading services.

The usual process is:

1. Choose a reputable platform and complete account registration.
2. Complete identity authentication (KYC) according to platform requirements to ensure account security and compliance.
3. Recharge assets through platform-supported methods (such as using USDT and other stablecoins).
4. Find ETH trading pairs (such as ETH/USDT) in the trading area and purchase them according to the market price.

2. Exchange through decentralized platform

This is a way closer to the spirit of Web3 and is suitable for users with a certain foundation. The decentralized trading platform (DEX) runs directly on the blockchain. Users can achieve point-to-point asset exchange by connecting to their own digital asset containers without entrusting assets to third parties. Users can simply prepare the assets used for exchange (such as stablecoins) in their container and then authorize DEX's smart contract to perform a "swap" operation to exchange existing assets for ETH.

3. Participate in network staking (staking)

After Ethereum completes the "Merge" upgrade, its network security is guaranteed by the "Proof-of-Stake" mechanism. This means that you can "stake" the ETH you hold and participate in the verification work of the network, so as to obtain the additional ETH issued by the system as a reward. This is a way to generate more ETH by holding it. The ways to participate in pledge include:

1. Independent staking: At least 32 ETH and professional technical knowledge are required to run the verification node.
2. Through liquid pledge services: deposit any amount of ETH into the service agreement and obtain a liquid pledge certificate, which can not only obtain pledge returns but also lose the liquidity of the assets.
3. Pledge on centralized platforms: Many large platforms such as Binance and Ouyiok also provide ETH pledge services. Users can participate with one click, which is simple to operate and has a low threshold.

4. Obtained through ecological contribution or work

As the Web3 ecosystem flourishes, more and more projects and companies choose to use ETH or stablecoins to pay and reward community contributors. You can earn ETH by providing professional services such as development, design, marketing, etc. for Web3 projects. In addition, actively participating in early testing of new projects, completing bounties or being lucky enough to get "airdrops" are also potential ways to obtain ETH.

Editor's suggestion

In short, ETH is not only a digital asset in the eyes of speculators, but also the core driving force behind the operation of a huge decentralized application ecosystem. For users who are first contacting, we recommend starting with a centralized platform with good reputation and large user base (such as Binance and Ouyiok) and familiarizing yourself with the basic transaction process. This is the first step in relatively controllable risks. After you have a deeper understanding of the market, you can try using a decentralized platform to experience the real Web3 interaction method. No matter which path you choose, be sure to put asset safety first and keep in mind the golden rule of “do your own research” (DYOR). Before investing any money, fully understanding the technology, value and potential risks behind it is a manifestation of every participant's responsibility to himself.

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