Ethereum Price - ETH/USD : $1,589.32
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What is Ethereum (ETH)?
Ethereum is a global software platform powered by a decentralised, open-source blockchain. It is designed to be scalable, secure, and sustainable. Commonly known as a “world computer”, Ethereum is essentially “programmable money”.
Ether (ETH) is the native currency of the Ethereum blockchain and is used as a utility token to pay gas fees when processing transactions on the network. As a digital asset, ETH is also a store of value and is used as a form of payment. Ethereum (ETH) is the second-largest cryptocurrency by market capitalisation and is the most widely used blockchain in the world.
Ethereum is a game-changer. The most revolutionary feature of Ethereum is its native support for smart contracts. Ethereum’s founders’ intent was simple: to develop a platform where anyone can create and host their own decentralised applications (dApps). Developers can build dApps on Ethereum and write and execute smart contracts to run them. These digital contracts can be used to exchange value and represent the transfer of ownership of assets over the blockchain, like cryptocurrencies and Non-Fungible Tokens (NFTs). Smart contracts are a powerful tool that gives Ethereum a real-world use case. To invest in Ethereum you can buy ETH from Independent Reserve.
The Ethereum vision is to create a digital future for the world. Its cause is noble. Its mission: “grow Ethereum until it's powerful enough to help all of humanity.”
How can I buy Ethereum on Independent Reserve?
You can buy Ethereum on Independent Reserve in just five minutes. Create your account and deposit money to start buying ETH with as little as $10.
You can buy Ethereum with Australian dollars (AUD), New Zealand dollars (NZD), Singapore Dollars (SGD), or United States dollars (USD) on Independent Reserve.
In Australia, you can instantly deposit money into your account and buy ETH using the following methods: PayID and NPP/Osko. If you’re from Singapore you can make an instant SGD deposit using FAST. For other currencies, such as USD and NZD, you can use SWIFT.
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Trending cryptocurrencies
- XRP (XRP)Usd 2 .08442−1.68%
- Bitcoin (BTC)Usd 84,081 .83−1.21%
- Ethereum (ETH)Usd 1,589 .32−0.96%
- USD Coin (USDC)Usd 0 .99884−0.29%
- Dogecoin (DOGE)Usd 0 .15712+0.74%
- Tether USD (USDT)Usd 1 .00591−0.15%
- Solana (SOL)Usd 132 .5907+3.1%
- Cardano (ADA)Usd 0 .62007+1.58%
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 or trade your assets.
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