Besides bitcoin, Ethereum (sometimes also referred to as Ether) is a dominant cryptocurrency today. Ethereum transactions have a reputation for being faster and cheaper than bitcoin, but the downside is that it is also much more volatile in terms of its exchange rate with both bitcoin and national currencies like the dollar or the euro.
Funding a social trading account with Ethereum is a great option for traders from countries with restrictions on foreign currency exchange, since it completely bypasses the regulated banking system. In this way, we can say that cryptocurrencies like Ethereum opens up the world of social forex trading to more people than ever before.