Besides bitcoin, Ethereum is another very popular cryptocurrency today. The Ethereum platform offers faster and cheaper transactions than bitcoin, and many other crypto tokens have been built based on Ethereum’s technology.
Since Ethereum is such a widely used cryptocurrency, many CFD brokers accept it as a way to fund trading accounts. There are several benefits to this, including the fact that virtually anyone in the world can get access to it, even people who don’t have credit cards or bank accounts. Ethereum transactions are also irreversible, which provides security for the broker that deposits will not be reversed. Lastly, it provides an alternative for traders who want to protect their privacy, and for those who want to avoid sharing their bank details with a payment processing company.