How to Buy Avalanche (AVAX)

A Step-by-Step-Guide on how to buy Avalanche (AVAX)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Avalanche (AVAX) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate Avalanche (AVAX)

Once your deposit has been affirmed, you'll instantly have access to your assets and you can begin invest and trading. To invest in Avalanche (AVAX) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate Avalanche (AVAX), you will need to insert the short name of the asset (AVAX) into the search-box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “AVAX/BTC” to continue.

Binance Hot To Buy Avalanche (AVAX)
Binance How to Buy (AVAX) Avalanche
Step 4 – Buying Avalanche (AVAX)

After you've found Avalanche (AVAX), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent tariff Avalanche (AVAX) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of AVAX you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of AVAX.

If you are glad, click on “Buy AVAX”. Your order will be filled as soon as a Vendor sells their AVAX for the price you introduced.

Step 5 – Withdraw Avalanche (AVAX)

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an longer time frame. To take off your Avalanche (AVAX), hover over the ”Funds” tab and mouse click on “Withdraw”. Avalanche (AVAX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Avalanche (AVAX) by using the given drop-down box. Drop in the quantity of Avalanche (AVAX) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and stored Avalanche (AVAX).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (AVAX) Avalanche is safe inside your wallet, you're done.

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