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Israeli New Shekel (ILS) to Ethereum (ETH) Instantly

Purchase Ethereum (ETH) with Israeli New Shekel (ILS) easily at Switchere and benefit from fast, secure transactions.

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About
Ethereum (ETH)

Ethereum is a blockchain platform designed to build decentralized applications (dApps) using smart contracts. Ether (ETH), its native cryptocurrency, is the second largest crypto by market cap. It’s used to pay for transaction fees (gas), run dApps, and execute smart contracts. Ether also plays a key role in decentralized finance (DeFi), staking, NFTs, and decentralized exchanges.

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How to Buy Ethereum (ETH)

  1. Select currency menu

    Choose ILS to ETH Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your Ethereum Wallet Address

    Provide your ETH wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your Ethereum

    Complete the payment, and your ETH will be sent to your wallet.

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Frequently Asked Questions

  • What is a layer 1 blockchain, and how is Ethereum classified?

    A layer 1 blockchain is the foundational blockchain of a network where transactions occur. Ethereum is a layer 1 blockchain that serves as the base layer for applications, with layer 2 solutions built on top to improve scalability.

  • How does Ethereum handle transaction rollbacks?

    Ethereum’s transactions are immutable and cannot be rolled back once confirmed. In case of a significant issue, such as a hack, the network may hard fork to recover funds, but regular transactions cannot be reversed.

  • What is the difference between Ethereum and Ethereum Classic?

    Ethereum Classic is the original chain that continued without a 2016 hard fork, while Ethereum implemented the fork to recover funds lost in the DAO hack. Ethereum (ETH) focuses on ongoing upgrades and innovation, while Ethereum Classic (ETC) maintains the original codebase.

  • What are gas tokens on Ethereum?

    Gas tokens are tokens that represent a specific amount of gas, allowing users to store and hedge against fluctuating gas fees. These tokens can be minted and used during periods of high network demand to reduce the cost of transactions.

  • What is a liquidity pool in Ethereum DeFi?

    A liquidity pool is a smart contract containing pairs of tokens that facilitate trading on decentralized exchanges (DEXs). Users deposit tokens into the pool and earn fees, providing liquidity to the Ethereum-based DeFi market.

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