Ethereum Price - ETH/AUD : $4,882.84

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Order book ETH / AUD

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Ethereum: AUD 4,890.37
Aud
Aud
Eth
Eth
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Buy Ethereum with PayPalBuy Ethereum with VISABuy Ethereum with MasterCardBuy Ethereum with Bank transferBuy Ethereum with PayIDBuy Ethereum with SWIFT
Ethereum: AUD 4,887.96
Eth
Eth
Aud
Aud
Receive with
Sell Ethereum with Bank transferSell Ethereum with PayIDSell Ethereum with SWIFT

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What is Ethereum (ETH)?

Ethereum is an open-source, distributed software platform that runs on a decentralised blockchain network. It is built to be scalable, secure, and sustainable. Ethereum is commonly known as a “world computer” and is essentially “programmable money”.

Ether (ETH) is the native currency and utility token of the Ethereum blockchain. ETH has a store of value as a digital asset, and is used as a form of payment to pay gas fees when processing transactions on the network. Ethereum (ETH) is the second-largest cryptocurrency by market capitalisation and is the most widely used blockchain in the world.

Ethereum is revolutionary. The most important feature of the platform is its built-in support for smart contracts. The founders of Ethereum had a clear goal in mind: to develop a platform where anyone can create and launch their own decentralised applications (dApps). On Ethereum developers can write and deploy smart contracts that allow dApps to function. Smart contracts control value and can be used to represent the transfer of ownership of digital assets over the blockchain, such as cryptocurrencies and Non-Fungible Tokens (NFTs). Smart contracts are essential to power dApps and give Ethereum a real-world use case.

Ethereum’s vision is to create a digital future for the world. Its mission is honourable: “grow Ethereum until it's powerful enough to help all of humanity.”

Frequently asked questions

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How we treat client assets

No commingling of customer funds: we keep client assets completely separate from our own.

1:1 reserves

We maintain a full 1:1 reserve of all client fiat and crypto assets.

We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.

Audited

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.

We keep your assets safe. That is our promise.

Sole custodian

Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.

We adhere to industry best practices and never lend, trade or reinvest your assets.