How To Buy Ethereum Australia – Buy Ethereum In Under 5 Minutes

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Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

Perhaps you are just starting to invest and want to add Ethereum to your portfolio, or maybe you already have an investment portfolio and want to diversify it.

This article will assist you in buying Ethereum and evaluating it.

Buy Ethereum at eToro – #1 Broker

Mobile AppYes
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% CommissionVisit WebsiteOur score 10
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  • No commission or hidden fees
  • Officially regulated by FCA, CySEC, and NBRB
  • Hedging mode available
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  • Excellent mobile app
  • Competitive trading fees
  • Staking features

How to Buy Ethereum – Quick 4-step Guide

Follow these steps to purchase your first Ethereum on eToro:

  1. Open an account with eToro: Visit the eToro website and click ‘Join Now’ to create an account.
  2. Upload ID: Upload and verify your identity. You can use a copy of your passport or any other proof of identity document such as billing, receipt, etc.
  3. Fund Your Account: Fund your trading account by making a deposit using a credit or debit card, bank transfer, or e-wallet.
  4. Buy Ethereum: Search for ETH, click ‘Trade,’ and place your order.
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Featured Broker


for $ 100 you get
  • Trade real cryptos and crypto CFDs
  • Licensed broker with deposit insurance
  • Integrated wallet
Coin selection
Instant VerificationFor BeginnersWallet ServiceMobile App
Payment methods
Credit CardPaypalSepa TransferSkrillSofort
for $100 you get
0.0647 ETH

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

Featured Broker


for $ 100 you get
  • Careful selection of cryptocurrencies
  • Regulated by CBI and MiFID in Europe
  • No commissions and low spreads
Coin selection
For BeginnersMobile App
Payment methods
Credit CardNetellerSkrill
for $100 you get
0.0651 ETH

CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital.


for $ 100 you get
  • Broker vollständig reguliert
  • Zahlreiche Auszeichnungen
  • Libertex Erfahrungen seit mehr als zwanzig Jahren
Coin selection
For BeginnersMobile App
Payment methods
Credit CardGiropayNetellerPaypalSepa TransferSkrillSofort
for $100 you get
0.0649 ETH

83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko

Why Buy Ethereum in Australia?

If you are going to invest your capital, it’s reasonable to ask why you should invest in Ethereum. Let’s consider the main advantages of buying Ethereum.

DeFi (Decentralized Finance)

A significant crypto market’s development is the growth of Defi (Decentralized Finance). These are decentralized financial services, which can be seen as the next stage of developing decentralized apps.

Defi companies are service providers that provide loans on the Ethereum blockchain.

Let’s say you have 100 ETH left over. You can offer them in a kind of marketplace as a loan. Someone else might be willing to make a deal, and then the terms are written into the smart contract, and the borrower offers collateral. Nothing else is needed.

Many of these services guarantee that you will get high interest on the ETH lent.

As Defi continues to grow, companies that use ETH as collateral will also show growth. 

Ethereum 2.0

With Bitcoin renewing its all-time high, all eyes have turned to it. Volumes and interest rates are rising, and new investment organizations are emerging. However, crypto investors engaged in long-term planning prefer Ethereum 2.0. This project is already in the top 30 in terms of capitalization.

Because the network will not be implemented entirely for several years, the ETH 2.0 blockchain upgrade is not represented on many rating resources. The system will pay a % commission for each transaction validators complete.

The proof-of-stake algorithm will replace the less energy-efficient proof-of-work method, which created network congestion this fall, and investors will get new coins in exchange for old coins in a 1:1 ratio. There is no way to reverse the switch.

Mining equipment manufacturers are focusing their efforts on creating better ASIC miners. In June 2021, users could earn a monthly profit of $13,000 in ETH and $7500 in BTC. The network’s hashing rate and block size have already reached an all-time high.

Ethereum is expected to switch from its current Proof-of-Work protocol to Proof-of-Stake by 2023. Miners will no longer need energy-efficient mining. Instead, Ethereum, which has undergone stacking, will protect the network.

Some experts argue that this will increase its scalability, security, and resilience. Consequently, Ethereum’s value should also rise.

The desire for stable income from stacking on the one hand, and the short payback period of the hardware on the other, will keep the excitement around the cryptocurrency alive.

By the end of 2023, the average value of the cryptocurrency is expected to reach $2718.875 at a growth rate of 49.97%.

Big Companies

Visa’s pilot program uses USD Coin (USDC), a stable cryptocurrency whose value is directly tied to the U.S. dollar, Visa said. The transaction uses Ethereum, an open-source blockchain. The platform and digital asset bank Anchorage are helping with the transactions.

Visa completed its first settlement transaction, sending USDC to Visa’s Ethereum address at cryptocurrency bank Anchorage. The company intends to make the feature available to more partners by the end of 2021.

When paying with a cryptocurrency card, the digital currency is converted into “regular” fiat money. The cryptocurrency wallet will be able to deposit them into a connected bank account. 

Back in 2020, Visa company announced that digital assets and blockchain technology would be an essential part of the company’s future. Mastercard will also start working with cryptocurrency  —  the company announced plans to support cryptocurrency in 2021. Major financial companies, including BNY Mellon and BlackRock Inc, have also introduced support for digital currency in their systems. In addition to payment firms, manufacturers and service providers are entering the market. Not long ago, Elon Musk announced that Tesla might accept cryptocurrency as payment for its cars again.

Sharding (Hard Fork)

Sharding is the process that divides the Ethereum network into multiple areas, called segments, which allows various transactions to be processed simultaneously. Proof-of-work requires that all complete nodes store data on the Ethereum network, and the algorithm used to achieve consensus is very computationally intensive.

As the Ethereum network grows, the increasing number of transactions and miners prevents the system from dealing with these technical limitations. To solve this problem, sharding is used. This process involves distributing data between different nodes on the network. Thus, nodes no longer need to store large amounts of data and process all transactions. To use sharding effectively, a modification of the coin was created called Ethereum 2.0. If this technology solves the problems of scaling and speed, the value of Ethereum will likely increase significantly as functionality improves.

Where to Buy Ethereum in Australia

1. eToro – Overall Best Way to Buy Ethereum Australia

eToro is the best Ethereum platform where all your crypto needs are under one roof. The platform is a well-known leader in social trading and investing for newbies.

Trade and invest in the most popular crypto, stocks, and exchange-traded funds (ETFs).

Currency pairs, indices, and commodities may all be traded using CFDs. Investing in the financial markets has never been easier.

If you want to invest in Ethereum or other crypto assets with no worries, eToro is your choice:

  • You pay a 1.9% fee to invest in Ethereum
  • Your funds are protected
  • You can start investing in Ethereum with just $10

eToro — Ethereum Fees

The only trading fees charged by eToro are spreads, as detailed in the table under eToro Fees section in Crypto spreads. For example, Open BUY (Long) position on ETH:

  1. Ask rate 10,000 USD, Initial investment 1,000 USD.
  2. Position Open 1,000 USD / ETH; Ask Rate 10,000 USD = 0.100 units; 
  3. Overnight fees: No 
  4. Total Cost = ETH spread fees (1,9%) 0,019 * 10,000 USD * 0.100 units = 19 USD


Supports 120+ cryptocurrencies.

Change crypto to crypto in a blink of an eye.

Private wallet and unlosable security key.

Transfer your crypto anywhere on the blockchain.

Buy & sell crypto in no time.

Hassle-free deposits & withdrawals.

Free market research & analysis tools to grow your capital.

Connect with other crypto traders and copy their trading styles.


Long support response time.


67% of all retail investor accounts lose money when trading CFDs with this provider.

2. — Best CFD-Focused Broker for Ethereum Traders is the leading online brokerage firm for trading derivatives without commissions. The financial markets include CFDs and spread betting instruments, which means you can speculate on the rise or fall of an asset without needing to take ownership.

In addition, offers competitive spreads on a variety of instruments.

With market-leading variable spreads, makes commission-free investing easy.

Cryptocurrencies are all the rage right now, but if you’re like most people, you don’t want the hassle of owning and storing them.

With, you can trade CFDs on cryptocurrencies like Ethereum without ever having to worry about them. That means you can enjoy all the benefits of trading cryptocurrencies while still keeping your money safe.

Plus, with high liquidity and leveraged trading options, you can make even more money on your investments. is your go-to platform for access to over 6,100 markets. With a user-friendly interface and expert market analysis, you’ll be making savvy investment decisions in no time. enables you to trade a variety of popular cryptocurrencies against various fiat currencies. This means that you can take advantage of market movements and make money from your successful predictions.

What’s more, with, you can also trade crypto-cross pairs. This means that you can trade two different cryptocurrencies against each other, for example, ETC/BTC or LTC/BTC.

So what are you waiting for? Sign up today and start trading cryptocurrencies today!


  • 0% commission on all markets
  • Tight spreads
  • $20 minimum deposit on debit/credit card and e-wallet payments
  • Heavily regulated
  • Thousands of listed markets – from stocks and indices to forex and crypto
  • Leverage offered on all markets
  • MT4 supported


  • $250 minimum if opting for a bank wire
  • The main trading suite is a bit basic
  • Unable to invest in traditional assets – derivatives only

67% of all retail investor accounts lose money when trading CFDs with this provider.

3. – Trade with Confidence on the Most Advanced Platform in the World

Introducing — the easiest way to buy, sell, and trade cryptocurrencies like Ethereum.

With over 250+ digital currencies listed on’s exchange, you have everything you need to get started in the world of crypto!

Whether you’re a seasoned trader or just getting started in crypto, is your one-stop shop for all things digital currency!’s trading fees are some of the lowest in the industry, and they offer a variety of payment methods to make it easy for you to get started. offers 0.4% maker/taker fees on trades for new users with a monthly trading volume of $25,000 or less and who don’t have any CRO staked. This makes it one of the most affordable platforms out there – perfect for those who are just starting out.

Are you looking for ways to save on your crypto trading fees? Look no further than’s volume-based fee structure offers discounts the more you trade, and staking CRO gets you even bigger savings.

With multi-factor authentication and offline cold storage, you can rest assured that your funds are always safe. And with FDIC insurance of up to $250,000 on U.S. dollar balances, you can feel confident that your money is protected even in the event of a cyberattack.’s simple and easy-to-use interface makes buying, selling, and trading cryptocurrencies a breeze.

With, there’s no need to waste time navigating complicated exchanges. They do all the hard work for you so you can focus on making profits.

So what are you waiting for? Start trading today!


  • Buy, sell, and trade over 250 digital currencies
  • Save on your trading fees with volume-based discounts
  • Get started in minutes with a user-friendly platform
  • Start building your wealth today with cryptocurrency trading
  • Ride the cryptocurrency wave and get in on the ground floor


  • Fees are higher unless you hold and utilize CRO

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

4. Coinbase — Most Popular Australian Broker to Buy Ethereum

Buy Ethereum at Coinbase

Сoinbase is the most popular trading platform in the U.S. However, the broker is also available in Australia. The main advantages of Coinbase are a solid variety of altcoin choices, a straightforward, user-friendly interface, high liquidity, and more. 

Coinbase is one of the simplest ways to get started with cryptocurrency investment. It is simple to join up for and purchase cryptocurrencies in a matter of minutes. It also includes a learning program that rewards users with bitcoin to learn more about how cryptocurrency works.

Looking for a more sophisticated trading experience? Look no further than Coinbase Pro! Coinbase Pro is perfect for experienced investors who want to make the most of their money.

With powerful features and a user-friendly interface, Coinbase Pro makes it easy to trade cryptocurrencies like Bitcoin, Ethereum, and Litecoin. So whether you’re looking to make a quick profit or you’re in it for the long haul, Coinbase Pro has everything you need to get the most out of your investment.

Coinbase — Buy Ethereum Australia Flat Fees

Overall Transaction Amount Transaction Fee
$10 or less $0.99
More than $10, less than or equal to $25 $1.49
More than $25, less than or equal to $50 $1.99
More than $50, less than or equal to $200 $2.99


Coinbase Pro fees are based on the transaction amount, so you pay less for trading more.

If you place a buy order (buy limit) below the current market bid price or place a sell order (sell limit) above the current ticker price, you are a maker.

If you place a buy order (market order) by immediately matching it with an order available in the order book, or you place a sell order (market order) by matching an existing buy cryptocurrency order from the order book, you are a taker.

Pricing Tier Taker Fee Maker Fee
Less than $10K 0.50% 0.50%
$10K to $50K 0.35% 0.35%
$50K to $100K 0.25% 0.15%
$100K to $1M 0.20% 0.10%
$1M to $10M 0.18% 0.08%
$10M to $50M 0.18% 0.08%
$50M to $100M 0.15% 0.05%



The exchange is popular in the U.S. market, one of the major cryptocurrency markets.

Simple and clear interface, which is easy to understand if you are just starting to trade.

Relatively low commissions if you trade a lot.

Good for beginners because they offer a lot of useful materials for self-education in finance and investing.

More than 50 cryptocurrencies are available to trade.


Relatively high fees.


67% of all retail investor accounts lose money when trading CFDs with this provider.

5. Binance — Best Broker for Seasoned Ethereum Traders

Binance is a trading platform focused on cryptocurrency trading. Its excellent reputation and many reviews indicate that the exchange is highly trustworthy and ideal for novices. There is also a multitude of educational materials available on the subject of finance and investment.

The site draws users of uncommon cryptocurrencies due to its large range of currencies, which gives a high degree of liquidity. The exchange also boasts high speed and the technical ability to process thousands of transactions every second.

Binance Fees — Reliable Ethereum Broker in Australia

The general Binance spot trading fee is 0.1%, while Instant Buy/Sell fee is 0.5%. However, you can reduce fees if you hold BNB in your account. 

If you hold Binance coins (BNB) on your account or pay commission with them, the amount of commission will vary depending on your BNB-related activity: the more active you’re, the fewer fees will be. 

Fees depend on the amount of BNB coins in your account and your total trading balance for the last 30 days. Each day, your balance and BNB coin volume are evaluated. As a result, the system assigns you a certain tier level, and you get corresponding Maker/Taker fees. 

30d Trade Volume (USD) Maker  /  Taker Fees Maker / Taker Fees

if you hold BNB

< 50,000 USD 0.1000% / 0.1000% 0.0750% / 0.0750%
≥ 50,000 USD 0.0900% / 0.0900% 0.0675% / 0.0675%
≥ 100,000 USD 0.0800% / 0.0900% 0.0600% / 0.0675%
≥ 500,000 USD 0.0700% / 0.0800% 0.0525% / 0.0600%
≥ 1,000,000 USD 0.0500% / 0.0700% 0.0375% / 0.0525%
≥ 5,000,000 USD 0.0400% / 0.0600% 0.0300% / 0.0450%



You can trade advanced instruments such as futures and options.

Increased leverage for margin trading.

Good technical support to answer any questions you may have.

The platform offers lower fees than some other brokers.


You are constantly motivated to buy BNB (coin which belongs to Binance).

The company periodically has difficulties with the laws of different countries, which leads to a local freeze or decrease in the level of trading.


67% of all retail investor accounts lose money when trading CFDs with this provider.

Buy Ethereum in Australia 2023 – eToro Guide

Buying Ethereum in 2023 is easy and only takes four basic steps. If you want to invest in Ethereum, follow our four-step instructions.

Featured Broker
Buy now

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

Featured Broker
Buy now

CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital.

Buy now

83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko

Mobile App Rating
Mobile App
Number of Coins
Trading Fees
Deposit Fees
Withdrawal Fees
N/ACBI and MiFID in EuropeN/A
Min. Deposit
Leveraged Trading
N/A1:2 for cryptocurrenciesN/A
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