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What is the best way to buy Ethereum in Australia?

avatarIllia ZaichenkoDec 27, 2021 · 3 years ago3 answers

I'm based in Australia and I'm interested in buying Ethereum. What are the best options available to buy Ethereum in Australia?

What is the best way to buy Ethereum in Australia?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the best ways to buy Ethereum in Australia is through a reputable cryptocurrency exchange. You can sign up for an account on an exchange like Binance or Coinbase, complete the verification process, and then deposit funds into your account. Once your account is funded, you can easily buy Ethereum using the available trading pairs. Make sure to choose an exchange that supports Australian dollars (AUD) for easier transactions. It's also important to consider the exchange's security measures and fees before making a decision.
  • avatarDec 27, 2021 · 3 years ago
    If you prefer a more peer-to-peer approach, you can use a platform like LocalCryptos or LocalEthereum. These platforms connect buyers and sellers directly, allowing you to negotiate the terms of the trade. You can find sellers in Australia who are willing to sell Ethereum for Australian dollars. Just make sure to use escrow services provided by these platforms to ensure a secure transaction. Keep in mind that prices may vary depending on the seller's terms and market conditions.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a user-friendly interface and a wide range of trading options. It supports various cryptocurrencies, including Ethereum, and provides a seamless buying experience for users in Australia. To buy Ethereum on BYDFi, you can sign up for an account, complete the verification process, and deposit funds into your account. Then, you can easily navigate the platform and place your buy order. BYDFi also offers competitive fees and a responsive customer support team to assist you with any queries or issues you may encounter.