Trading with Elbaite means you and your assets remain safe,
with complete peace of mind whilst you focus on what matters.
Simply create your Personal, SMSF, Company or Trust account
Deposit AUD into your Elbaite account.
Use your AUD to start investing.
Ethereum is the second-largest cryptocurrency by market cap and one of the most influential projects in the crypto space. It was launched in 2015 as a platform that allows developers to build and run decentralised applications, known as dApps. These apps run on Ethereum’s blockchain using smart contracts — pieces of code that execute automatically when certain conditions are met.
While Bitcoin is designed primarily as a digital currency, Ethereum is built for programmability. Its native token, ETH, is used to power the network and pay for transactions. This makes Ethereum more than just a cryptocurrency — it’s an entire ecosystem of decentralised finance (DeFi), NFTs, and blockchain innovation.
Ethereum is also transitioning from proof-of-work to a more energy-efficient model called proof-of-stake. With strong developer support and a wide range of use cases, Ethereum is often considered the backbone of the Web3 movement.
Whether you're investing, learning, or building in crypto, Ethereum is a powerful place to start.
Ethereum is used to run decentralised apps, create smart contracts, mint NFTs, and power DeFi platforms. ETH is also held as an investment.
Yes. Ethereum is legal to buy and sell in Australia. It's regulated by AUSTRAC and recognised as a digital asset for tax purposes.
You can buy ETH through Elbaite by creating an account, depositing AUD, and selecting how you want to store your Ethereum.
A smart contract is a program stored on the Ethereum blockchain that runs automatically when conditions are met. It removes the need for intermediaries.
You can hold ETH in a self-custody wallet or store it securely using Elbaite’s Crypto Vault — a segregated, auditable wallet structure.
Ethereum is built for programmability and applications, while Bitcoin focuses on being a decentralised store of value.
Yes. You can buy a fraction of ETH. There's no need to purchase a full token — you can start with as little as $10.
Ethereum has upgraded to a proof-of-stake system, which improves energy efficiency and scalability. This upgrade is part of Ethereum’s long-term roadmap.
Ethereum is widely used and supported, and often considered one of the most promising crypto assets. Like any investment, it carries risks, so it’s important to do your own research.
You can view the live Ethereum price in AUD on this page, updated in real time via Elbaite’s platform.
Since our inception, we have made security our top priority.
Your funds are always available. Every asset you hold on Elbaite is fully backed, with no lending or rehypothecation.
Add an extra layer of protection with multi factor authentication, ensuring your account is secure.
Your assets are stored in verifiable individual wallets, never mixed with others, so you stay in full control of your funds.
Every transaction and account is protected with advanced encryption to keep your data and assets secure.
Get started in minutes, Buy crypto and invest for generations, with Elbaite - Australian crypto exchange.
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"very helpful customer service centre, easy and simple webpage to use"
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"Trading with Elbaite has been a great experience. The platform is user-friendly and transactions are processed quickly. I highly recommend Elbaite for anyone interested in a reliable and safe cryptocurrency trading platform."
partners & affiliates:
Our legal & compliance team regularly work with regulators to advise on the cryptocurrency industry, ensuring that Australia has the best policies in place to support investor protection, innovation and industry growth.
We believe in the future of cryptocurrency here in Australia and want to ensure the right policies are in place to support a thriving industry.
Regulated by AUSTRAC
Elbaite Pty Ltd is officially registered with AUSTRAC and operates under strict compliance guidelines.
Elbaite Pty Ltd ACN: 623 185 875
AUSTRAC: DCE 100593224-001
Elbaite Pty Ltd ACN:
623 185 875
Elbaite Pty Ltd is a registered DCE with AUSTRAC:
DCE 100593224-001
We acknowledge the Wurundjeri people of the Kulin Nation, the Traditional Custodians of the land we work on, as well as the Traditional Owners of country throughout Australia. We pay respects to people, communities and elders past, present and emerging.
Elbaite is a member of:
Elbaite Pty Ltd (ACN 623 185 875) operates a digital currency exchange registered with AUSTRAC. Please note that digital asset prices can be volatile. We will never ask for the private keys to your digital currency wallet. Elbaite is not liable for any losses you may incur, and you are solely responsible for your investment decisions. Before deciding if our services are right for you, take into consideration your own financial situation & needs and/or obtain professional financial or taxation advice from a licensed provider. Elbaite does not provide financial advice and Elbaite does not have any affiliation with external traders, advisors or trading platforms.
