A method for preparing ethylene including: feeding a thermally cracked compressed stream to a first distillation apparatus selectively operating as a first deethanizer or a depropanizer; and feeding an overhead discharge stream of the first distillation apparatus to a second distillation apparatus. When the first distillation apparatus is operated as the first deethanizer, a bottom discharge stream of the second distillation apparatus is fed to a C2 separator. When the first distillation apparatus is operated as the depropanizer, the bottom discharge stream of the second distillation apparatus is passed through a third distillation apparatus and fed to the C2 separator.