Ethereum price AUD (ETH)
Ethereum price chart
The below Ethereum price chart tracks the price of Ethereum against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
$6,166.45
- %
Low: $
High: $
$6,166.45
Low: $
High: $
- %
Market cap
$735.6B
Volume 24hr
$61.2B
Supply
120.4M ETH
What is Ethereum?
✓Accessible for everyone ✓Decentralised global computer ✓Smart contracts
Ethereum, launched in July 2015, revolutionised the blockchain space by introducing smart contracts and a platform for decentralised applications (dApps). Conceived by Vitalik Buterin in a 2013 whitepaper, Ethereum's development was crowdfunded in 2014, making it one of the earliest examples of an Initial Coin Offering (ICO). Ethereum's network has undergone several upgrades, enhancing its efficiency and scalability. It aims to be a global platform for decentralised applications, offering a censorship-resistant, downtime-resistant, and fraud-resistant environment for developers and users alike.
Ethereum's native cryptocurrency, Ether (ETH), is used to pay transaction fees, secure the network via staking and as a store of value and tradable asset across the Ethereum eco-system.
How do I buy Ethereum?
- Deposit funds into your Cointree account using our fast and convenient options.
- Enter the amount of Ethereum that you would like to buy.
- Confirm your purchase and Ethereum will be instantly delivered to your Cointree account.
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Common Ethereum questions
Everything you might want to learn about buying and selling Ethereum, along with details on how the technology works and why it's so popular.
Can you buy Ethereum with AUD?
Yes. You can purchase Ethereum in Australia with AUD. All you have to do is deposit Australian dollars into your Cointree account and you can use them to buy ETH.
You also have a range of other payment options you can choose from. You can also deposit cash, use online or mobile banking, or convert your other digital currencies to buy Ethereum.
Why is Cointree the best place to buy Ethereum?
Cointree offers an easy-to-use platform that lets you buy and sell Ethereum in only a few clicks. And with low fees and access to global markets, you can always get the most Ethereum for your dollars invested. You can even set auto trades to make sure you never miss a trading opportunity again.
How can I sell my Ethereum?
You can quickly and easily sell your Ethereum on our exchange. In only a few clicks, you can sell your ETH then withdraw your funds. Note: standard mining transactions fees apply.
Is Ethereum a good investment?
Ethereum has historically been a good investment, providing extremely high returns to long-term holders. While the price can be volatile over the short term, it has steadily increased over longer time frames. Learn more with our article on [Ethereum price predictions](https://www.cointree.com/learn/ethereum-price-prediction/) from Goldman Sachs, JPMorgan and other banks. Always remember, past performance does not guarantee future performance.
Of the layer-1 protocols that are aiming to be the base layer of DeFi, web3 and NFT marketplaces, Ethereum has the greatest brand recognition and the largest ecosystem of Dapps. With the Ethereum upgrade to Ethereum 2.0, the planned increase in speed and efficiency may help it outcompete the newer platforms.
Who has the lowest fees to buy Ethereum?
Cointree offers some of the lowest fees of all [cryptocurrency](/trade/cryptocurrencies/) exchanges to trade Ethereum. You can get fees as low as 0.05% when trading coin-to-coin as a Diamond Tier account.
How can I buy Ethereum safely?
The safest place to buy Ethereum safely is on an AUSTRAC regulated exchange like Cointree. As a regulated service provider, we protect your personal information and have a dedicated customer service team to assist you along the way. This makes sure you can buy Ethereum with confidence.
When setting up your account, we recommend that you use two-factor authentication to help protect your coins. As always, follow the best-practice security guidelines.
Is Ethereum legal to buy and sell in Australia?
In Australia, buying Ethereum is perfectly legal. In fact, over one million Aussies have already purchased digital assets, with many of them buying Ethereum.
How is Ethereum different from bitcoin?
Bitcoin and Ethereum are often compared because they're the two largest digital assets by market cap. However, they're designed to serve different purposes within the crypto ecosystem. Bitcoin is created to be a new form of digital money without a central authority and acts as a store of value. In contrast, Ethereum was created to be a world computer that decentralised apps run on top of.
Is Ethereum a proof-of-work or proof-of-stake blockchain?
Ethereum is currently a proof-of-work (PoW) blockchain but is transitioning to proof-of-stake (PoS) with the Ethereum 2.0 upgrade. Both PoW and PoS are types of consensus mechanisms that let a decentralised network of digital currencies all agree on the current state of the blockchain.
When Ethereum becomes a PoS blockchain, users can stake their ETH with validators on the network, who then order transactions and create new blocks. When holders take their token, they receive a yield and effectively earn interest paid in ETH. The move to Ethereum 2.0 will make the network more secure, scalable, and sustainable.
What is Ethereum 2.0?
[Ethereum 2.0](/learn/what-is-ethereum-2/) is a series of upgrades that will make the Ethereum network more scalable, secure, and sustainable. Becoming faster and more affordable to use, the upgrade will support thousands of transactions per second, allowing Dapps to scale to hundreds of millions of users. The new proof-of-stake mechanism will help secure the protocol and protect it against attacks. Moving from a proof-of-work blockchain to a proof-of-stake blockchain, Ethereum will require far less energy to run — making it more sustainable and better for the environment.
Who founded Ethereum?
Ethereum was founded by Vitalik Buterin, a Russian-Canadian programmer with an unheralded understanding of cryptography, economics and technology. Along with Buterin, there were a number of other prominent cryptocurrency developers that co-founded the project, including Polkadot's Gavin Wood, Cardano's Charles Hoskinson, and ConsenSys's Joseph Lubin.
However, it's important to remember that Ethereum is an open-source project meaning that no single person or group owns the network, including any of the founders. Anyone can interact with the protocol and purchase part of the network by buying ETH.
What are smart contracts?
[Smart contracts](/learn/what-are-smart-contracts/) are what programmers use to build decentralised apps (Dapps) on the Ethereum blockchain. Much like a regular contract that lawyers use, they establish the terms of an agreement. The difference is that smart contracts are written using code and will be automatically executed without any middleman.
Smart contracts make it possible for entire financial systems to be built on Ethereum, with enough security and functionality to provide a range of important services like lending and borrowing. They even make the NFT ecosystem possible, which we explore in our article about [what are NFTs](https://www.cointree.com/learn/what-are-nfts/).
Buy Ethereum (ETH)
Use the price calculator below to enter the amount of AUD you want to buy in Ethereum. You can also switch to convert ETH to AUD.
Why is Cointree the best place to buy Ethereum in Australia?
Easy and convenient
Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Ethereum.
Fast and transparent
Buy Ethereum in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Ethereum with every dollar invested.
Safe and secure
Buy Ethereum with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.
Made for you
An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.
What can you do with your Ethereum?
Deposit Ethereum
Instantly deposit Ethereum from any other Ethereum wallet into your Cointree Wallet and you're ready to start trading.
Hold Ethereum
Many members buy and hold their Ethereum as a long-term investment. You can hold your Ethereum in your free multicoin wallet on Cointree or transfer it to a private wallet.
Trade Ethereum
You can instantly trade any portion of your Ethereum for any other digital currency within just a few clicks, and at the lowest rates in Australia.
Send Ethereum
When you buy Ethereum in Australia with Cointree, you can quickly and easily send your Ethereum to any other Ethereum wallet.
Spend Ethereum
You can spend Ethereum purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Ethereum every day.
Learn About Ethereum
Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Ethereum, to an expert holding a diversified portfolio of cryptocurrencies.
Buy in just a few minutes
Start with as little as AUD $25 and deposit instantly with your bank account.