Cryptocurrencies are trending now more than ever.
At this point, there are over 6,000 different digital currencies compared to just a handful in 2013.
Still, a large portion of this number is not significant or popular. One of the trending currencies is Ethereum, which is enjoying high interest on a global level.
Why Ethereum?
Throughout April 2021, the price in USD kept rising in value for the ETH. At one point, it reached an amazing number of over $2,500. Standing right beside Bitcoin in terms of popularity, this coin grew for entirely different reasons.
For starters, it hit the news when an art piece was sold for over 38,000 ETH, which equals $69.3 million. This was, to this day, the world’s most expensive NFT.
Compared to Bitcoin which price growth is fuelled by the biggest trader Coinbase’s IPO, Ethereum’s fame comes from technological developments and traders’ preference.
Best tools and software for trading Ethereum
If you’re thinking of trading Ethereum or looking to buy and sell cryptocurrencies, you’re in a promising, yet big challenge. With that in mind, here are the top tools to help you achieve the best results.
1. Best overall: WealthSimple
WealthSimple really started simple, but they grew into the best source you have for investing in cryptocurrencies. They have low fees and amazing experts.
At WealthSimple, experts invest your money in a diversified portfolio of index funds at a low cost. Thanks to their advanced technology, users have a great shot at earning a high return and optimizing their tax bills.
What does this company do?
They do everything from dividend reinvestment, automatic rebalancing, and harvesting of tax losses. Many people find these to be the most tedious tasks, and the company is more than happy to assist them with it.
Not only does this company allow you to trade cryptocurrency at any moment, but they have amazing financial advisors to provide you with insight and help when needed.
In their Ethereum guide, you can find insightful tips on how to buy and sell this currency. In addition to Ethereum, you can use them to buy and sell Bitcoin, CHainlink, Uniswap, and Aave instantly.