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ETH/AUD - Ethereum Australian Dollar

BTC Markets
Currency in
AUD
Disclaimer
5,231.08
-20.56(-0.39%)
Real-time Data
Day's Range
5,200.005,300.00
52 wk Range
2,080.005,400.00
Bid/Ask
5,220.19 / 5,230.66
Vol (24H)
12.69B
Market Cap
409.77B
Day's Range
5,200-5,300
52 wk Range
2,080-5,400
Max Supply
-
Circulating Supply
ETH120.14M
Rank
2
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Daily
Weekly
Monthly
More
Type:Currency
Group:Minor
Second:Australian Dollar
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FAQ

What Is Ethereum?

Ethereum is a digital crypto currency developed on an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications that run smart contracts. Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Discover what crypto is and how it works in our Academy.

What Is Ether?

The value token of the Ethereum blockchain is called Ether. It can be used to pay for transaction fees and computational services on the Ethereum network.

What Is the Difference Between Ethereum and Bitcoin?

Like Bitcoin, Ethereum is a distributed public blockchain network. Although there are some significant technical differences between the two, the most important distinction to note is that Bitcoin and Ethereum differ substantially in purpose and capability. While the bitcoin blockchain is used to track ownership of digital currency (Bitcoins), the Ethereum blockchain focuses on running the programming code of any decentralized application.

What Is a Smart Contract?

Smart contract is a phrase used to describe computer code that can facilitate the exchange of money, content, property, shares, or anything of value. Because smart contracts run on the blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third-party interference.

What Is Blockchain?

Blockchain is a digital ledger in which transactions made in cryptocurrencies are recorded chronologically and can be viewed publicly.

What Is an Ethereum Wallet?

The Ethereum Wallet is a gateway to decentralized applications on the Ethereum blockchain. It allows you to hold and secure Ether and other crypto-assets built on Ethereum, as well as write, deploy and use smart contracts.

How Can I Buy Ethereum?

The most common way to buy Ethereum is through cryptocurrency exchanges such as GDAX, Poloniex or Bitfinex, or directly from other people via marketplaces and auction site. Purchases can be made in a variety of ways, ranging from hard cash to credit and debit cards to wire transfers, or even using other cryptocurrencies.

How to Choose an Ethereum Exchange?

There are a number of factors to take into consideration when choosing with which cryptocurrency exchange to start investing and trading. Critical factors include: transaction fees, accessibility, liquidity conditions, reputation, transparency and even in which country the exchange is located. At the end of the day, there is no right or wrong exchange with which to start trading, but doing your homework first is highly encouraged.
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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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