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In addition to its use as a transactional medium, ETH is also a critical component of the Ethereum ecosystem's decentralized finance (DeFi) sector. DeFi applications allow users to access financial services such as lending, borrowing, and trading without the need for intermediaries or central authorities.

Cryptocurrencies have emerged as a revolutionary force in the financial landscape, offering a decentralized and secure alternative to traditional monetary systems. Among the myriad of digital assets, Ethereum (ETH) stands out as a leading smart contract platform that enables developers to create and deploy decentralized applications (dApps).

BTCC, a top cryptocurrency exchange, offers a comprehensive range of services tailored to meet the needs of ETH traders and investors. These services include spot trading, which allows users to buy and sell ETH directly on the exchange, as well as futures trading, which enables traders to speculate on the future price movements of ETH. Furthermore, BTCC provides a secure wallet service for storing and managing ETH and other cryptocurrencies.

ETH is the native cryptocurrency of the Ethereum network, serving as a medium of exchange and a unit of account for transactions within the ecosystem. Its value has fluctuated significantly over time, driven by a variety of factors including market sentiment, regulatory developments, and technological advancements.

The Ethereum network is renowned for its robust security features, including its use of a consensus mechanism called Proof-of-Work (PoW) to validate transactions and maintain the integrity of the blockchain. This process ensures that the network is resistant to attacks and tampering.