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You can use Ether to buy NFTs, pay for goods and services, and interact with decentralized apps — or you can simply hold your ETH.
Non-fungible tokens, or "NFTs" are digital images that can be purchased, traded, and sold much like trading cards. You can purchase them by spending ETH.
Pay for goods and services
More and more companies are accepting ETH as a payment method. These include thousands of online and retail stores, restaurants, subscription services, and more.
dApps allow you to trade crypto, take out loans, and even play blockchain video games. Many of these require some ETH to pay for fees and to use as an in-app currency.
Hold your ETH
Ethereum’s widespread adoption goes hand in hand with the tendency of believers to HODL onto their coin. It has gone as far as becoming a popular meme within the community. Just google “ultrasound money”.
Ethereum is one of the most used blockchains out there due to its vibrant app ecosystem.
As it continues to expand, so does the utility of its native cryptocurrency, Ether.
Hint: Ether is used primarily for buying blockchain-based assets.