When you buy ether on an exchange, the price is usually quoted in fiat currencies (for example, U.S. dollars, euros, and British pounds). In other words, you sell a certain amount of currency to buy ether. If the price of Ether rises, you will be able to sell and make a profit, if the price falls and you decide to sell, you will lose money. To hold the Ether you have purchased, you also need to visit an exchange or wallet.

With CMC Markets, you can trade Ether through a CFD account. This way you can speculate on its price movements without having to own the actual cryptocurrency. You have not obtained the ownership of the ether. Instead, you open a position and increase or decrease the value based on the price change of Ether against legal tender.

CFDs are leveraged products. This means that you only need to deposit a certain percentage of the total value of the transaction to open a position. You don't have to buy all the Ether to take up all the funds in one fell swoop, but you can use the initial deposit to access a larger amount. Although leveraged trading allows you to magnify returns, losses can also be magnified for reasons based on the full value of the position. Your loss may exceed the principal.

When you buy ether on an exchange, the price is usually quoted in fiat currencies (for example, U.S. dollars, euros, and British pounds). In other words, you sell a certain amount of currency to buy ether. If the price of Ether rises, you will be able to sell and make a profit, if the price falls and you decide to sell, you will lose money. To hold the Ether you have purchased, you also need to visit an exchange or wallet.

With CMC Markets, you can trade Ether through a CFD account. This way you can speculate on its price movements without having to own the actual cryptocurrency. You have not obtained the ownership of the ether. Instead, you open a position and increase or decrease the value based on the price change of Ether against legal tender.

CFDs are leveraged products. This means that you only need to deposit a certain percentage of the total value of the transaction to open a position. You don't have to buy all the Ether to take up all the funds in one fell swoop, but you can use the initial deposit to access a larger amount. Although leveraged trading allows you to magnify returns, losses can also be magnified for reasons based on the full value of the position. Your loss may exceed the principal.