In this article, we will show you how to buy Avalanche easily. By the end of this article you would learn how to buy AVAX with USD, BTC or ETH. Keep reading.
Table of Contents:
- What is Avalanche? Our review
- Current prices
- Where to buy AVAX
- How to safely store AVAX
- Frequently asked questions
Current Avalanche Price Stats
AVAX Price | $32.0900 USD |
Price Change24h | $0.5832 USD (1.85%) |
24h Low / 24h High | $30.8291 / $33.9940 USD |
Trading Volume24h | $5,455,903 USD |
MarketCap | $12,276,897,792 USD |
What is Avalanche? A Review
Avalanche is an open-source platform for launching decentralized finance applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Developers who build on Avalanche can easily create applications and custom blockchain networks with complex rulesets or build on existing private or public subnets.Avalanche can confirm transactions in under one second, supports the entirety of the Ethereum development toolkit, and enables millions of independent validators to participate as full block producers (Avalanche had over 1,000 full, block-producing nodes on its Denali testnet).In addition to supporting transaction finality under one second, Avalanche is capable of throughput orders of magnitude greater than existing decentralized blockchain networks (4,500+ transactions/second) and security thresholds well-above the 51% standards of other networks.AVAX is the capped supply native token of the Avalanche platform. Participants can become full block-producers and validators by staking AVAX and are incentivized to do so because of staking rewards. Fees for all sorts of operations on the network are paid out in AVAX through burning, thus increasing the scarcity of AVAX for all token holders.On September 2020, Avalanche announced the launch of its mainnnet.
Where and How to Buy Avalanche (AVAX) Coin
There are 3 steps to purchasing Avalanche. They are:
- Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase AVAX directly with USD. They are: Bitfinex, OKCoin, .
- Move the Bitcoin to an Exchange that supports AVAX: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the AVAX/BTC trading pairs.
At the moment, AVAX is currently available for purchase with Bitcoin at HuobiPro, OKEX, huobikorea, Gateio, Binance, HuobiPro, OKEX, huobikorea, Kucoin, CoinEx, . - Buy Avalanche on the Exchange: Now, you can buy Avalanche with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different AVAX pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.
USD Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
Bitfinex | AVAX/USD | $617,991 USD | A |
OKCoin | AVAX/USD | $131,081 USD | A |
Bitcoin Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
Binance | AVAX/BTC | 667.7195 BTC | A |
HuobiPro | AVAX/BTC | 18.0243 BTC | A |
OKEX | AVAX/BTC | 484.2875 BTC | BB |
huobikorea | AVAX/BTC | 15.0282 BTC | B |
Kucoin | AVAX/BTC | 6.9165 BTC | B |
CoinEx | AVAX/BTC | 2.4839 BTC | C |
Eth Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
HuobiPro | AVAX/ETH | 122.2976 ETH | A |
OKEX | AVAX/ETH | 5227.4215 ETH | BB |
huobikorea | AVAX/ETH | 120.0951 ETH | B |
Gateio | AVAX/ETH | 57.0439 ETH | B |
How to Safely Store Avalanche Crypto
Once you buy Avalanche, the next question you'd have is "where do I store my Avalanches?". It is quiet easy to store your Avalanche tokens after purchase. In fact there are two easy methods of doing so:
- Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Avalanche. If Avalanche is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto. - Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Avalanche for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.
Reported Issues
Frequently Asked Questions
Question | Answer |
---|---|
Where can I buy AVAX with Dollars (USD)? | You can buy Avalanche (AVAX) with U.S Dollars on Bitfinex, OKCoin, . |
Where can I purchase AVAX with my Bitcoin (BTC)? | As of today, you can buy Avalanche with Bitcoin on any of the following exchanges: Binance, HuobiPro, OKEX, huobikorea, Kucoin, CoinEx, . |
I have Ethereum. Where can I buy AVAX with ETH? | Avalanche is available for purchase using ETH on these Crypto exchanges: HuobiPro, OKEX, huobikorea, Gateio, . |
How much is Avalanche? | Right now, the price of AVAX is $32.0900. |
Is Avalanche Crypto a good Investment in 2021? | Our analysis shows a possible all time high of $60.2359. So yes. AVAX is a good investment. |