Ethereum is a digital token that can be used to pay for goods and services or simply as an investment. Much like Bitcoin, Ethereum is also another cryptocurrency that has grown in popularity in the last few years. Since its launch in July 2015, the value of Ethereum has skyrocketed by almost 4000%. In fact, it’s currently sitting at about $340 per ETH token . If you’re thinking of buying some Ether tokens, here is a complete guide on how to buy Ethereum in Australia. Are you ready? Let’s start:


What is Ethereum?

Ethereum, sometimes referred to as Ether, is a digital token that can be used to pay for goods, services, invest and even make loans. Its value has increased tenfold over the last few years. The Ethereum blockchain is a decentralized system that enables the token to be circulated among the users, without the need for a middleman. If you want to know more about Ethereum, check out this guide.


How to buy Ethereum in Australia

Before you can buy Ethereum, you need to find a reliable exchange. Coinbase, CoinSpot, and eToro are popular exchanges in Australia. Coinbase is easy to use and supports USD, but it only allows credit/debit card purchases. CoinSpot is a great option if you want to buy Ethereum with cash, and it has many payment methods, including direct bank transfers and credit cards.


Which Exchange Should You Use to Buy Ethereum?

Coinbase - Coinbase is one of the most well-known exchanges used to buy Ethereum. It’s one of the easiest exchanges to use, so it’s great for beginners.


CoinSpot - CoinSpot is a great option if you want to buy Ethereum with cash.

eToro - eToro is another great choice if you want to buy Ethereum with cash.


How to sell Ethereum for cash

To sell your Ethereum tokens, first transfer them to a digital wallet, then find an exchange to sell them on. Choose one with low transaction fees and a reputable, easy to use platform. Place a sell order at the current price, and wait for another person to buy your tokens.


Conclusion

Overall, if you’re thinking of buying Ethereum as an investment, you may want to consider waiting a bit longer before purchasing any tokens.