Ethereum is a cryptocurrency that has become the talk of the town lately, with exchanges opening up around the world. Since Ethereum is so new, many people are wondering where they can buy Ethereum in Australia. The following are 5 reasons why you should consider buying Ethereum in Australia.
1. More Returns
As a cryptocurrency that is new to the market, there are many ways to make profits from Ethereum in Australia. When investing in Ether, you have access to a whole new world of smart contracts that are secure and unbreakable. It is also possible to save on transaction fees as Ethereum only charges a fraction of cents per transaction. There are no set limits on how much one can invest in Ethereum ether. If you want more returns, then you should buy Ethereum in Australia!
2. No interference from government and banks
When you invest in Ethereum, you are in complete control of your money and investment. The government, central banks, and any other financial institution cannot interfere with your cryptocurrency market or Ethereum trading. This makes Ethereum the perfect commodity for investors who are wary of interference from financial institutions.
3. Gained a lot of popularity recently
This is one of the reasons why investors should consider buying Ethereum in Australia. The reason that Ethereum has gained so much hype is that many people see the potential in Ethereum technology. With the new release of Ethereum, it has become possible to create full-fledged applications on blockchain and process transactions at very low costs.
4. Easily accessible
Ethereum, at this point, is easily accessible as all that you need to do is buy Bitcoin on Coinbase and then transfer the funds to an Ethereum wallet. It can also be bought from CoinSpot which is an exchange based in Australia. With CoinSpot, you can buy from more than 15 different digital currencies and have a choice of payments too. The best part about CoinSpot is that there are no limits on how much you can invest in Ethereum or any other digital currency. Similar to Coinbase, it is also possible to buy Ethereum with your Australian debit and credit cards.
5. No need for a bank account
Another benefit of Ethereum is that you can buy, as well as sell Ether without ever requiring a bank account. This means that people who do not have access to banks will be able to take part in the cryptocurrency market and make profits from investing in Ethereum. The best part about CoinSpot is that they provide payment options such as POLI payments, BPAY, Cash deposits, etc. This is a great thing for people who do not have an Australian bank account.
Ethereum is an emerging cryptocurrency that has many advantages over Bitcoin and other popular cryptocurrencies. It also has no limitations on how much one can invest in it, making it perfect for investors who are hard up for cash and want to get involved in the cryptocurrency market. Ethereum investment is a risk-free investment as there are no categories set by the Australian Securities Exchange like there are with cryptocurrencies such as Bitcoin or Ethereum itself.