Buy Ethereum (ETH)


How to buy Ethereum (ETH) in Australia?

What is Ethereum?

Ethereum is famously known as the second largest cryptocurrency after Bitcoin by market capitalisation. The Ethereum white paper was released in 2013 by Vitalik Buterin and is now developed by the Ethereum Foundation, with developers and contributors based all over the world.

Ethereum is a decentralised open source blockchain providing revolutionary smart contract functionality. Smart Contracts are a powerful functionality of the Ethereum blockchain. It is code that automatically executes once agreed upon conditions have been met without the need of a third party. Which has huge compliance opportunities. Ether is the native cryptocurrency of the Ethereum blockchain. Ether is used to compensate nodes for performing computations on the Ethereum Virtual Machine (EVM). When you trade Ethereum, you are actually trading the Ether token.