Ethereum (sometimes referred to as ether) is a cryptocurrency similar to bitcoin that was released in 2015. As opposed to bitcoin, however, Ethereum is intended to do more than just being a form of digital money, with innovative functionality such as smart contracts and decentralized applications. As Ethereum’s popularity has grown, more and more low spread forex brokers have also started to accept it as a way to fund trading accounts.
Just as bitcoin, Ethereum transactions cannot be stopped or otherwise controlled by any single authority, which is why it is said to be censorship-resistant. It is therefore in ideal way to fund a low spread forex brokerage account for traders who live in parts of the world where traditional banking is difficult.