As one of the most efficient Ni phases towards ethanol oxidation reaction (EOR), α-Ni(OH)2 is aimed to be simply prepared. Various α-Ni(OH)2-rich deposits are obtained chronoamperometrically from NiCl2 solution onto a pristine graphite surface at different potentials. After careful optimization, the optimum values deposition potential and time are found to be -0.9 V and 150 s, respectively. At longer deposition times, the predominant component of the deposits is the β-Ni(OH)2 phase. The optimum electrode, Ni(OH)2/G(opt), exhibits remarkable EOR catalytic activity with an ethanol oxidation peak current of 325.35 mA/cm2. Moreover, Ni(OH)2/G(opt) demonstrates noteworthy activity and durability for oxygen evolution reaction (OER) in 1 M NaOH. Whereas the overpotential at current density of 10 mA/cm2 (ηt=0) is 0.37 V; however, after 24 h it slightly increases to (ηt=24h) 0.39 V. These values imply significant outcomes for our novel and straightforward preparation method for creating highly efficient electrocatalysts for both EOR and OER using time- and cost-effective materials.