ETHEREUM

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.Ethereum uses a public blockchain similar to Bitcoin, but also enables advanced programmable transactions types.

It is a platform that allows individuals to conduct transactions and draw up contracts, using a currency called “ether.”
Ether (ETH) is the primary currency on the Ethereum network. Much like bitcoin (BTC), it is created by computerized mining. Ether can be sent from one address on the Ethereum network to another, and can also be used in other transactions called ‘Smart contracts’’
Coincap provides exchange for ETH/USD. You can create an account on Coincap to buy and sell ether with US dollars.
Well, sort of, but not really. Like Bitcoin, Ethereum is a distributed public blockchain network. Although there are some significant technical differences between the two, the most important distinction to note is that Bitcoin and Ethereum differ substantially in purpose and capability.

Bitcoin offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments. While the Bitcoin blockchain is used to track ownership of digital currency (bitcoins), the Ethereum blockchain focuses on running the programming code of any decentralized application.
In the Ethereum blockchain, instead of mining for Bitcoin, miners work to earn Ether, a type of crypto token that fuels the network. Beyond a tradeable cryptocurrency, Ether is also used by application developers to pay for transaction fees and services on the Ethereum network.

Any services that are centralized can be decentralized using Ethereum. From public services like loans provided by banks to intermediary services rarely thought about by most people like title registries, voting systems, regulatory compliance and much more.
Sign up for Coincap wallet, transfer money to Coincap account, and Coincap will convert your money to ethereum
Unfortunately, No. They are both separate protocols, and it is not possible to complete a transaction from one to the other. However, you can buy and sell ether and bitcoin separately.
Always double check before sending your ether. In case you send ether to an incorrect address, it may be lost forever. Ethereum network addresses do not have the safety measures, so it is possible to lose ether if you enter an address incorrectly.Bitcoin addresses have built-in verification to prevent errors like this.
According to Ethereum, Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation. Like bitcoin, or any asset, ether has a value which can be used to trade for other assets, or good and services. Unlike Bitcoin, the development of Ethereum commerce has not been emphasized as a use case, and relatively few merchants accept ether currently.
Yes, being based upon decentralized blockchain based technology, Ethereum has yet to have any major security flaws discovered.

However, being a young project, loss of funds is a risk with the use of the Ethereum network in general and therefore the Ethereum Foundation's legal agreement lists a number of these risks.
There are currently over 85 million ethers in circulation, most of which was created during the initial crowd sale, prior to the launch of the Ethereum network.Presently ethereum is issuing 21 million ethers per year to the miners.
As a coin exchange company all we can say is that Cryptocurrency has a great future. Pros of ether being as an investment tend to emphasize the potential applications of smart contract, and the need to pay for the execution of contracts with ether. Its downside however as an investment tend to point to its greater inflation rate compared to bitcoin.

BITCOIN

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

It is the first example of a growing category of money known as cryptocurrency.
It’s fast, secure and global

Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies, and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated. The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.
Sign up for Coincap wallet, transfer money to Coincap account, and Coincap will convert your money to Bitcoin
Bitcoin transactions are sent from and to electronic Bitcoin wallets and are digitally signed for security. Everyone on the network knows about the transaction being done, and the history of a transaction can be traced back to the point where the bitcoins were produced thus serving as a perfect example of decentralized technology.
After you deposit cash from your bank to your Coincap account, you can make an order to buy bitcoins on the Coincap exchange. When your order is filled, you can withdraw your bitcoins to your wallet.
After you send bitcoins from your wallet to your Coincap account, you can make an order to sell them for cash. When your order is filled, you can withdraw the cash to your bank account.

LIMITS

You must be at least 18 years old to use Coincap. By accessing or using Coincap you represent and warrant that you are 18 or older.

OPEN ACCOUNT AND START EXCHANGE

To open a basic Coincap account and start trading, we only require your full name, date of birth, address, email and phone number. A more advanced account (in case of higher account funding limits and in some areas required for bank funding) additionally requires a government issued ID and proof of residence. In some countries we require SSN or ID confirmation.
Coincap securely store your funds and private information and aims to make the exchange easy and secure. However, because our system is based on higher identity verification requirements, you may still be asked to provide further information during account creation.

Steps to create a CoinCap account
  1. Visit Our Home Page
  2. Click on the "Sign Up" button to create a Coincap wallet
  3. Provide the basic information such as name, email account etc.
  4. Link your credit card by providing credit card information
  5. Select your preferred way of transferring money to your Coincap account
  6. You may be asked to verify your identity. If Coincap supports trading with your region’s local currency (currently it supports 32 countries), then you will have the option to link your bank and fund your trading account. Alternately, you can skip this step and fund your account with BTC or ETH.
Yes, Indeed! Your complete account history is available on the accounts page. You can generate a separate report for each currency i.e. Bitcoin or Ethereum you trade in.

USER PRIVACY

Only your trading partner can ever see your payment information details. The data exchanged between users is encrypted and signed. We use a P2P network and provide the high level of anonymity. The user doesn’t need to setup anything – all is integrated in the application.
We do not mine customer data to take advantage of traders on Coincap.
We do not operate any dark pools.

PAYMENT METHODS

We believe in expanding our network worldwide, and soon this list is going to grow a lot bigger.Here is the list of the currently supported payment methods presently backed up by Coincap:
  • Cash Deposit
  • Bank transfer
* There is no any charge for traders on Coincap.
Coincap offers best exchange services in 32 countries at the moment. However, our network of supporting is ever increasing, and in the near future, we plan to expand our services to every single country on the globe.

COINCAP API

Please visit our API Page for information.