With a rising market capitalisation Ethereum has earnt seat alongside Bitcoin as the second biggest crypto currency and one of few in the Billion Dollar Club.
Ethereum is a decentralised platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was crowdfunded during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
Using the form above enter the amount of Ethereum you want to buy or the amount of Australian dollars you want to spend and click on 'Buy Now' to complete the payment.
The payment is easily completed online in minutes by POLi Payments a business from Australia Post and after payment is complete the coins will be sent to your CoinSpot online wallet immediately.
If you don't have your own wallet you can sign up for a free account using the 'Register' button at the top of the page to create a free online Ethereum wallet. You can withdraw your Ethereum from the online wallet at any time.