How Secure is Ethereum? To use Ethereum, you first need to have a Wallet from which you’ll conduct transactions. Wallets are pieces of software which can hook up with the Ethereum platform, providing you with an alphanumeric handle via which you’ll be able to receive Ether. From the beginning of January 2016, the price of Ether elevated steadily. By mid-June, coins had been being bought for upwards of US $18. Within a month, Ether .