Ethereum is having a moment.Coinbase, a bitcoin-only exchange, is planning to add support for ethereum, the company said today (May 19).Coinbase exchange users will be able to buy and sell ether, the virtual currency unit behind ethereum starting Tuesday, May 24.Ether is currently trading at about $14 USD (bitcoin is trading at around $448 USD).Sources say Coinbase had been considering adding ethereum for some time.Earlier today, a screenshot of a support page for ether was published by a cryptocurrency trader on Twitter, then appeared on social media site Reddit.Ethereum is a digital currency similar to bitcoin.Such currencies, based on software, allow people to transact anonymously and freely without a middleman involved.Created by 22-year-old software developer Vitalik Buterin, ethereum has a particular property that’s excited companies: smart contracts.Smart contracts are essentially agreements between two parties that can execute automatically, without human involvement.Unlike bitcoin, ethereum natively supports smart contracts.

Proponents say smart contracts can cut costs and reduce human error.They have gained support from JPMorgan Chase, Barclays, and even the state of Delaware.que es fiat bitcoinIBM has explored using Ethereum to help Internet of Things devices interact with each other.bitcoin qr phpMicrosoft added support for ethereum to Azure, its cloud computing platform for developers.bitcoin sec rulingMarley Gray, director of business development for blockchain at Microsoft, said that the tech giant has added over 40 different partners for Azure platform, 40% of which are based on Ethereum.litecoin generator onlineEarlier this month, the New York Department of Financial Services approved Gemini, a virtual currency exchange founded by the Winklevoss brothers, to start trading ether.bitcoin raw block data

Coinbase hasn’t yet gotten regulatory approval in general in New York, so Coinbase users in New York won’t be able to trade ethereum.The company expects to make ethereum and new products available to New York users once its bitlicense is approved.bitcoin miner asic usbNew York State residents can use the Coinbase exchange and the virtual currency wallet.bitcoin lecture notesCoinbase’s support is a vote of confidence for ethereum.nvidia opencl bitcoin minerThe startup has raised $106 million in four funding rounds from investors such as Andressen Horowitz, BBVA Ventures, and the New York Stock Exchange.ethereum gpu miner windowsAdding ethereum will not only help the virtual currency, but could generate more trading on Coinbase’s exchange.

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Although Ethereum has one of the largest cryptocurrency market caps, it’s still fairly new.Not all exchanges support direct purchases of ether.In most cases buying bitcoins and trading for ether is the easiest way to get ether.With that said, there are still a few exchanges where you can buy ether without bitcoin: Kraken Coinbase Coinimal ICONOMI Bittylicious Bitrush If using Kraken isn’t an option, the second easiest way to get ether is to exchange bitcoins for ether.Many Bitcoin exchanges offer this trading pair: Kraken Poloniex ShapeShift.io Once your purchase has been made, send your ether to a wallet you control: Ethereum Wallet - Desktop Ethereum wallet for Mac, Windows, and Linux.MyEtherWallet - Open source Javascript client-side Ether wallet.EthAddress - open source Javascript client-side paper wallet generator.EthereumWallet - EthereumWallet uses client side Javascript to quickly create Ethereum addresses in web browsers.