About Ethereum transfer

Ethereum is a blockchain network that supports programmable payments using its native cryptocurrency, ETH. It's used for both transfers and smart contracts.

How it works

• Smart contract enabled: Automates transactions and logic.

• Decentralized and global: No borders, no intermediaries.

• Network fees: Transfers may include gas fees based on network usage.

Example:

An NFT platform sends ETH rewards to users in different countries automatically through smart contracts.