Buy Ethereum (ETH)
What is Ethereum?
Ethereum is a decentralised blockchain platform enabling the use of smart contracts and decentralised applications (dApps). It establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts, allowing participants to transact with each other without a trusted central authority.
How does Ethereum work?
Ethereum operates through a global network of computers called nodes, forming a supercomputer known as the Ethereum Virtual Machine (EVM). The EVM executes smart contracts and records all transactions on a decentralised ledger. Users pay gas fees to execute transactions and smart contracts, incentivising network participants to maintain and secure the blockchain.
What are the potential use cases for Ethereum?
Ethereum can be used in various industries through applications such as decentralised finance (DeFi), non-fungible tokens (NFTs), supply chain management, gaming, healthcare data management, energy tracking, real estate transactions, identity systems, and cross-border payments.
What is the history of Ethereum?
Ethereum was conceived by Vitalik Buterin in 2013 and officially launched on July 30, 2015. Major milestones include the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) with "The Merge" in 2022, numerous protocol updates, and its growing adoption across industries. It has established itself as a cornerstone in the blockchain ecosystem, driving innovations in DeFi, NFTs, and more.
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Frequently Asked Questions (FAQs)
What is the current price of Ethereum (ETH)?
The Ethereum price is $5500.66 AUD, representing a +2.09% from the day prior.
Where is the best place to buy Ethereum (ETH) in Australia?
The best place to buy Ethereum (ETH) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Ethereum (ETH) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Ethereum (ETH)?
The trading volume of Ethereum (ETH) is $24.9B AUD in the last 24hrs, representing a +2.09% from the day prior.
How can I buy Ethereum (ETH)?
Ethereum (ETH) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Ethereum (ETH)?
The current market cap of Ethereum (ETH) is $654.4B AUD.
Can I convert Ethereum (ETH) to cash?
Yes - With Coinstash you can convert your Ethereum (ETH) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Ethereum (ETH) are there?
The current circulating supply of Ethereum (ETH) is 120.5M.
Is Coinstash a safe place to buy Ethereum (ETH) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Ethereum (ETH) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.