How to Purchase Ethereum (ETH): A Step-by-Step Guide for Australians

Introduction

When purchasing Ethereum, there are several factors to consider, including selecting an exchange to buy it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges to assist you with the process.

Step-by-Step Guide

1. Select an Exchange
Research and select a cryptocurrency exchange that operates in Australia and supports Ethereum trading. Consider factors such as fees, security, and user reviews.
Platform Coin Cost
Nexo Ethereum (ETH) 3,121.66
PrimeXBT Ethereum (ETH) 3,118.81
EarnPark Ethereum (ETH) 3,108.75
YouHodler Ethereum (ETH) 3,116.31
Binance Ethereum (ETH) 3,120.77
BTSE Ethereum (ETH) 3,118.73
See all 82 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Cost
Nexo Ethereum (ETH) 3,121.66
PrimeXBT Ethereum (ETH) 3,118.81
EarnPark Ethereum (ETH) 3,108.75
YouHodler Ethereum (ETH) 3,116.31
Binance Ethereum (ETH) 3,120.77
BTSE Ethereum (ETH) 3,118.73
See all 82 prices
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the Ethereum market
Once your account is funded, search for Ethereum (ETH) in the exchange's marketplace.
5. Select a Transaction Amount
Enter the amount of Ethereum you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy ETH" or equivalent button.
7. Complete Transaction
Your Ethereum purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We recommend using Wirex or Trezor.

What to Be Aware Of

When purchasing Ethereum, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto remains safe.

Latest Movements

Ethereum (ETH) is currently priced at USD 1,596.61 with a 24-hour trading volume of USD 29.14B. In the last 24 hours, Ethereum has experienced a decrease of -1.02%. The market cap of Ethereum stands at USD 391.24B, with 120.48M ETH in circulation. For those looking to buy or trade Ethereum, Nexo offers avenues to do so securely and efficiently

Market capitalisation: USD 391.24B
24-hour volume: USD 29.14B
Circulating supply: 120.48M ETH

See the latest information

Frequently Asked Questions About Purchasing Ethereum (ETH)

What factors influence the price of Ethereum (ETH)?: The price of Ethereum (ETH) is influenced by various factors, including market demand and supply dynamics, network upgrades, and technological advancements. Additionally, investor sentiment, regulatory developments, and macroeconomic trends play significant roles. Events such as forks or changes in the Ethereum protocol can also impact the price. Staying informed about these factors is essential for effectively tracking Ethereum's market performance. Be sure to check Bitcompare for real-time price comparisons and the latest news.
How can I monitor the current price of Ethereum (ETH)?: You can track the current price of Ethereum (ETH) through various cryptocurrency exchanges and financial news websites. Bitcompare offers real-time price comparisons across multiple platforms, ensuring you have the most accurate and up-to-date information. By utilizing our email rate alerts, you can stay informed about significant price changes and trends. Bookmarking our page will help you easily access the latest Ethereum prices and news whenever you need it.
What is the historical price trend of Ethereum (ETH)?: Since its launch on July 30, 2015, Ethereum (ETH) has experienced significant price fluctuations. Initially priced at just a few dollars, ETH reached an all-time high of over $4,800 in November 2021. Price trends are influenced by factors such as market adoption, technological developments like the transition to Ethereum 2.0, and broader market conditions. Historical data can provide insights into ETH's performance, helping you understand its potential future movements. Regularly check Bitcompare for comprehensive market analysis.
What are the best platforms for purchasing Ethereum (ETH)?: Ethereum (ETH) can be purchased on various cryptocurrency exchanges, including well-known platforms like Coinbase, Binance, and Kraken. Bitcompare also provides real-time price comparisons across multiple exchanges, enabling you to find the best rates for your purchases. When selecting a platform, consider factors such as security, fees, and user experience. Ensure you stay updated on the latest Ethereum news and market trends through Bitcompare to make informed purchasing decisions.
How do Ethereum's network upgrades affect its price?: Ethereum's network upgrades, such as the transition to Ethereum 2.0, can significantly impact its price. These upgrades aim to enhance scalability, security, and energy efficiency, which can boost investor confidence and demand. For instance, the shift from proof-of-work to proof-of-stake is expected to reduce ETH supply over time, potentially leading to price appreciation. Monitoring these developments is crucial, and Bitcompare provides the latest news and market sentiment analysis to help you stay informed.

Ethereum ETH News

January 26, 2026Asia Market Open: Bitcoin Dips Under $88K, Gold Hits Record Above $5K As Yen Hits Two-Month Peak

Bitcoin dipped under $88,000 as Asia opened to mixed trade, with investors leaning into safety and pushing gold to a record above $5,000 an ounce.In China, stocks moved in different directions. The Shanghai index rose 0.12%, and China A50 gained 0.49%, while the SZSE Component slid 0.74% and DJ Shanghai ...

January 26, 2026Gold Hits Record High Over $5K As Bitcoin Falls Below $86K

Gold has hit an all-time peak of $5,080, while Bitcoin dropped to $86,000, widening the gap between commodities and crypto in 2026.

Bitcoin, Ethereum, XRP, Dogecoin Fall Ahead Of Fed Decision: Analyst Says Crypto 'Preparing For Worst' But 'Generational Opportunity' Awaits - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

January 26, 2026Bitcoin, Ethereum, XRP, Dogecoin Fall Ahead Of Fed Decision: Analyst Says Crypto 'Preparing For Worst' But 'Generational Opportunity' Awaits - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

Leading cryptocurrencies declined alongside stock futures on Sunday as investors prepared for the Federal Reserve’s first policy decision of the year.

Top Pairs for Ethereum

Step-by-Step Guide

1. Select an Exchange

Research and select a cryptocurrency exchange that operates in Australia and supports Ethereum trading. Consider factors such as fees, security, and user reviews.

Platform	Coin	Cost
Nexo	Ethereum (ETH)	3,121.66
PrimeXBT	Ethereum (ETH)	3,118.81
EarnPark	Ethereum (ETH)	3,108.75
YouHodler	Ethereum (ETH)	3,116.31
Binance	Ethereum (ETH)	3,120.77
BTSE	Ethereum (ETH)	3,118.73

See all 82 prices

2. Create an Account

Platform	Coin	Cost
Nexo	Ethereum (ETH)	3,121.66
PrimeXBT	Ethereum (ETH)	3,118.81
EarnPark	Ethereum (ETH)	3,108.75
YouHodler	Ethereum (ETH)	3,116.31
Binance	Ethereum (ETH)	3,120.77
BTSE	Ethereum (ETH)	3,118.73

See all 82 prices

3. Top Up Your Account

Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.

4. Navigate to the Ethereum market

Once your account is funded, search for Ethereum (ETH) in the exchange's marketplace.

5. Select a Transaction Amount

Enter the amount of Ethereum you wish to purchase.

6. Confirm Purchase

Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy ETH" or equivalent button.

7. Complete Transaction

Your Ethereum purchase will be processed and deposited into your exchange wallet within minutes.

8. Transfer to a Hardware Wallet

It's always best to keep your crypto in a hardware wallet for security reasons. We recommend using Wirex or Trezor.

Frequently Asked Questions About Purchasing Ethereum (ETH)

What factors influence the price of Ethereum (ETH)?

The price of Ethereum (ETH) is influenced by various factors, including market demand and supply dynamics, network upgrades, and technological advancements. Additionally, investor sentiment, regulatory developments, and macroeconomic trends play significant roles. Events such as forks or changes in the Ethereum protocol can also impact the price. Staying informed about these factors is essential for effectively tracking Ethereum's market performance. Be sure to check Bitcompare for real-time price comparisons and the latest news.

How can I monitor the current price of Ethereum (ETH)?

You can track the current price of Ethereum (ETH) through various cryptocurrency exchanges and financial news websites. Bitcompare offers real-time price comparisons across multiple platforms, ensuring you have the most accurate and up-to-date information. By utilizing our email rate alerts, you can stay informed about significant price changes and trends. Bookmarking our page will help you easily access the latest Ethereum prices and news whenever you need it.

What is the historical price trend of Ethereum (ETH)?

Since its launch on July 30, 2015, Ethereum (ETH) has experienced significant price fluctuations. Initially priced at just a few dollars, ETH reached an all-time high of over $4,800 in November 2021. Price trends are influenced by factors such as market adoption, technological developments like the transition to Ethereum 2.0, and broader market conditions. Historical data can provide insights into ETH's performance, helping you understand its potential future movements. Regularly check Bitcompare for comprehensive market analysis.

What are the best platforms for purchasing Ethereum (ETH)?

Ethereum (ETH) can be purchased on various cryptocurrency exchanges, including well-known platforms like Coinbase, Binance, and Kraken. Bitcompare also provides real-time price comparisons across multiple exchanges, enabling you to find the best rates for your purchases. When selecting a platform, consider factors such as security, fees, and user experience. Ensure you stay updated on the latest Ethereum news and market trends through Bitcompare to make informed purchasing decisions.

How do Ethereum's network upgrades affect its price?

Ethereum's network upgrades, such as the transition to Ethereum 2.0, can significantly impact its price. These upgrades aim to enhance scalability, security, and energy efficiency, which can boost investor confidence and demand. For instance, the shift from proof-of-work to proof-of-stake is expected to reduce ETH supply over time, potentially leading to price appreciation. Monitoring these developments is crucial, and Bitcompare provides the latest news and market sentiment analysis to help you stay informed.

How to Purchase Ethereum (ETH) in Australia

What you will learn