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Coin ยท ETH

Ethereum

One market out of nine. This is the narrowest filter anywhere on this site, and it is short enough to read in a sentence: if Ethereum is what you hold and you will not convert, your list is Anubis.

MarketSinceCoinsAddressesWhere
Anubis Market2024BTC, LTC, ETH, XMR3Global, English

Why almost nobody accepts it

It brings work that the alternatives do not. Fees move sharply with network activity, transaction handling is more involved than a plain transfer, and the whole thing was built for a use that has nothing to do with a shop taking payments.

It also gives a buyer nothing the others do not. It publishes sender, receiver and amount exactly like Bitcoin, so it is not a privacy option, and it is not consistently faster or cheaper, so it is not a convenience one either.

The realistic options

OptionWhat happens
Use the one market that takes itYour choice narrows to one entry with no fallback if it is unreachable
Convert to Monero firstEvery one of the nine opens up, and the public record of the conversion still exists
Convert to Bitcoin firstEight of nine open up, with the same public record either way

Converting has a cost too

Converting is not free and it is not invisible. It costs a fee, it takes time, and the conversion itself is recorded on both chains. It is still usually the better answer than accepting a catalogue of one, because a single option means no fallback at all when that option is having a bad week.

If you are going to convert anyway

Convert to the coin that leaves the most doors open rather than the most familiar one. All nine markets in this catalogue take Monero and eight take Bitcoin, so the difference is one option, and the difference in what gets written to a public ledger is considerably larger than that. The Monero page covers exactly what it does and does not cover.

Where this leaves the page

Deliberately short. There is one market, the reasons are structural rather than accidental, and padding this page out with an argument about Ethereum in general would not help anybody deciding where to send a payment this evening.

What happens when your only option is unreachable

Nothing good, and this is the real argument against a one market position. Outages run for days, addresses get retired, and a reader whose coin fits exactly one entry has no fallback at all when that entry has a bad week. Every other filter on this site leaves you at least three options.

A reasonable plan if Ethereum is what you have

  1. Use the one market that takes it if that suits you, knowing there is no spare.
  2. Or convert once, to the coin all nine accept, and stop having a coin problem at all.
  3. Either way, keep a second market registered that takes what you would convert to, so an outage is an inconvenience rather than a wall.