Ethereum is traded for bitcoin, naira, dollars, euros, yen, and other currencies in real time 24 hours a day. Depending on the demand for buying or selling Ethereum, the price can fluctuate from day to day. This is similar to the manner in which the value of a stock or property can go up or down based on supply and demand. Ethereum value can be volatile compared to currencies such as the Nigerian NGN because it is still an emerging technology, with a relatively small pool of liquidity.
Why does it change value? Print
Modified on: Tue, 31 Oct, 2017 at 10:27 PM
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