Last update: Jun 6, 2022

How to Buy Avalanche (AVAX)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Avalanche. Depending on where you live, you’ll have different exchanges to choose from.

In this guide, we not only cover the top 3 global cryptocurrency exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Avalanche

How to Buy Avalanche – 4 Easy Steps

1. Choose a crypto exchange

Finding a trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Avalanche of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy Avalanche

Now that you have what you need to buy Avalanche, head over to the market or buy section of the cryptocurrency trading platform and buy some AVAX.

If the crypto exchange doesn’t have any Avalanche on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Avalanche first), and trade your Ethereum for Avalanche.

Where to Buy Avalanche (AVAX)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Avalanche

  1. Sign into the cryptocurrency exchange where you bought Avalanche.
  2. Move your Avalanche to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Avalanche.

 

Crypto trading

How to Buy Avalanche (AVAX) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Avalanche in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Avalanche if it’s available. If the exchange doesn’t have Avalanche. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Avalanche), and trade your ETH for Avalanche.

Or, if you’d like to learn more about the exchanges we prefer, read our list of the cheapest crypto exchanges in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Avalanche (AVAX) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Avalanche in Canada, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Avalanche if it’s available. If the exchange doesn’t have Avalanche. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Avalanche), and trade your ETH for Avalanche.

Alternatively, if you want to know more about which exchanges we like, check our comparison of the easiest crypto exchanges in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Avalanche (AVAX) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Avalanche in the UK, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Avalanche if it’s available. If the exchange doesn’t have Avalanche. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Avalanche), and trade your ETH for Avalanche.

Also, check out our comparison of the UK crypto exchange reviews for those curious to know more about which ones we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Avalanche? AVAX Rundown

Avalanche (AVAX), a blockchain platform that supports smart contracts, is focused on speed, efficiency, and sustainability. Avalanche's ultimate goal is to provide a highly scalable, secure blockchain that does not compromise security or decentralization.

Avalanche was launched in 2020 by Ava Labs and currently sits just outside of the top ten cryptocurrency rankings. Avalanche TVL, the Total Value Locked in protocol by Ava Labs, is also on the rise and now has a value of $3 billion across Avalanche apps. Avalanche, the world's fastest blockchain is in a fierce arms race. It has a strong team, passionate community and committed backers.

Ava Labs, founders and developers behind Avalanche, believes they have built the fastest smart contract platform. Avalanche uses three different blockchains to perform at an internet-scale level for a future in which crypto is a global backbone.

Avalanche was founded in 2019 by Dr. Emin gun Sirer. Since its inception, Avalanche aims to have the fastest time to finality of blockchain transactions. The time it takes for a cryptocurrency transaction to be processed and is considered permanent and irreversible. Once a transaction is finalized, it cannot be reversed or modified.

Avalanche's core innovation lies in its three-blockchain structure. This design decision is brilliant. Each blockchain specializes within a specific task in the larger Avalanche ecosystem, rather than having one chain do it all.

The Avalanche platform is agile because it distributes tasks across different chains. This allows it to achieve the golden trio of blockchain traits: decentralization and security.

Avalanche token (or AVAX) is a utility token which acts as an ecosystem's common medium for exchange. AVAX staking is a way to secure the network and reward stakers with more AVAX.

The AVAX deflationary token system adds to the value of staking. AVAX tokens that are used to pay transaction fees get burned from the supply, permanently decreasing the AVAX amount in circulation.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.