How to deposit Ethereum (Ether) to FXOpen's trading account (eWallet)? Table of Contents

How to deposit Ethereum (Ether) to FXOpen?

To fund your account using Ethereum:

Select Deposit → Ethereum in the My FXOpen Personal Account.

Where
Select the account you want to fund.
Currency
For eWallet, select a currency pocket.
Deposit currency
Select the payment currency (ETH (Ethereum) or UST (Tether)).

Click Next.

Up-to-date information on commissions is indicated on the ” Commissions ” page.

Log into your Ethereum wallet (desktop, mobile or internet wallet). Send the payment to the Ethereum address generated in your My FXOpen Account or scan the QR code using your mobile device camera.

Funds will be credited to your FXOpen account after the transaction has received a sufficient number of confirmations (minimum 12) on the Ethereum network.

Deposit Ether to FXOpen

In case of troubles with Ethereum Transfer

If you have deposited with Ethereum, but the funds have not been credited to your FXOpen account, please use the payment notification form.

Select Deposit → Ethereum in your My FXOpen Account and click the payment notification link.

Fill out the notification form and click the Notify button.

Make sure you entered the correct transaction number in the “Payment Number” field and not your Ethereum address. To do this, open your Ethereum wallet, and in the list of transactions find the payment sent to the FXOpen address.

Click the eWallet number on the left side of the My FXOpen Personal Account.

The status of the operation is shown on the “History” tab.

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What is Ethereum (Ether)?

Ethereum significantly expands the scope of blockchain technology. The project was launched in 2015 thanks to crowdfunding. Ether (ETH) is a next-generation cryptocurrency that, like other digital currencies, enables fast and anonymous sending of funds. ETH is also a form of payment required for the platform to operate.

The unique technology of the distributed computing platform and the Ethereum virtual machine (EVM – Ethereum Virtual Machine) enable the creation of distributed applications and the use of smart contracts. The advantage of this technology is that applications run without downtime or any censorship restrictions. Any user can develop an application or even their own cryptocurrency.

After the implementation of the hard fork in July 2016, 2 active blockchains appeared: Ethereum and Ethereum Classic. Both are used to confirm transactions.

The Ethereum project intends to take blockchain technology to a new level. An active developer community strives to do everything possible to ensure that the project has a profound impact on the entire cryptocurrency industry.

Benefits of using Ethereum:

  • Ethereum uses the best of blockchain technology and includes many features that are not limited to the usual properties of the cryptocurrency.
  • The system offers a distributed virtual machine on which to develop distributed applications.
  • Ethereum technology allows you to reduce the cost of hosting applications.
  • The project provides many more tools for developers than Bitcoin.
  • Provides user authentication and secure payments.

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