While Ethereum is a blockchain-based platform, Ether is a cryptocurrency that was initially intended to be used for monetary transactions with Ethereum’s network. Ethereum, as a platform, can be used to implement smart contacts and create decentralized apps whereas, Ether can be used to make payments within Ethereum’s network as well as other platforms where it’s accepted. Ether can also be bought, sold or traded on various cryptocurrency exchanges such as Coinbase and Binance.