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How to buy Ethereum in Australia

Australia
Ethereum

The growing demand for a variety of investment vehicles, including cryptocurrencies, has existed in Australia for a long time. Now the authorities are in the process of approving products backed by unregulated and unstable digital assets. Despite this, an Australian Senate committee recommended a robust and friendly regulatory framework for the country's emerging digital system, including Ethereum and other major cryptocurrencies.

Cryptocurrency has an ambiguous meaning for Australia. Clients use bank transfers of fiat currencies to more stable ones. Itez online platform, a service based on the buying of cryptocurrency using a credit or debit card, helps users with purchasing. The service makes sure that the process of buying a cryptocurrency becomes natural and understandable: a step-by-step assistance helps to competently make a purchase without waiting.

How to buy Ethereum on Itez:
step-by-step instruction
1.

In order to buy Ethereum, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of ETH based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 50 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €50. Well, in our instructions, as promised, we will go through all the stages of purchase ETH for dollars step by step.

2.

After converting the currency to ETH, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.

3.

Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.

4.

Specify the purchase amount in the Itez dialog box. Copy the recipient address - your Ethereum wallet - from the “Accept” section.

Important: you should not manually copy the Ethereum wallet address. The blockchain system does not give any information about Ethereum addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.

For example, this is how the copy address button looks like in the Exodus wallet:

5.

After copying the Ethereum wallet address, paste it into the dialog box.

Check your data — it is important to make sure that the address is entered correctly.

6.

After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.

7.

Push the “Pay” button and enter the one-time bank code in the following window. 

After making a payment on the Itez website, you will immediately be able to see the Ethereum in your wallet.

8.

The transaction will first wait for confirmations from the blockchain network.

In the Etherium network, confirmation is quite fast and in most cases takes no more than a minute.

Banks

At the moment, the list of leading banks in Australia is as follows: Commonwealth Bank of Australia is the largest bank by market capitalization; National Australian Bank/NAB is one of the largest banks by the number of customers; Westpac Banking Corporation is the second-largest bank in Australia by the number of assets; Australia and New Zealand Banking Group/ANZ which is the largest Australian bank in Asia and St. George Bank, which is a division of the Westpac Group.

Bank cards

Australian banks traditionally provide users with cards of Visa and MasterCard payment systems, which promptly process incoming and outgoing transactions. In addition to the above, the American Express system is popular in the country, which gives users the opportunity to purchase cryptocurrencies at better prices.

How to store Ethereum

The versatility of Ethereum secured a confident second place for the cryptocurrency in terms of capitalization. The value of the currency forces users to think about the safety of storage. You can read more about the e-wallets here: https://ethereum.org/en/wallets/

Itez
About Itez:

Itez is an instant ethereum purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The time of receipt of Ethereum to the client's account is no more than a minute). Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the ETH value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final ETH, USDT value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.

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