The altcoin ETH is a currency of the Ethereum network made for smart contracts creation. Ethereum it not just a network but a whole platform allowing programmers to develop various decentralized applications.
The history of Ethereum began in February 2014. Pre-sales of its own cryptocurrency brought its developers about $18 million in 2014, and it is necessary to note that so far none of the buyers remain at a loss.
Users were able to buy 1000 ETH and 2000 ETH (at early stages of pre-sale) for 1 BTC. Later it turned out to be a good capital investment. Collected money in USD helped programmers to develop rough activity (which goals and mission are not really easy to understand so far).
ETH entering the big cryptocurrency exchange market
In the middle of August 2015, ETH made its way onto the cryptocurrency exchanges. Traders liked it immediately and it steadily gained first place with the highest trading volumes on
Poloniex.