A Step-by-Step-Guide on how to buy Avalanche (AVAX)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive your first 10$.
Step 2 – Send Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Avalanche (AVAX) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Avalanche (AVAX) Once your deposit has been approved, you will instantly have access to your assets and you can launch invest and trading. To invest in Avalanche (AVAX) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to find Avalanche (AVAX), you will need to insert the cointype (AVAX) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we have marked this too. Click on “AVAX/BTC” to go ahead.
Step 4 – Buying (AVAX) Avalanche As soon as you've found (AVAX) Avalanche, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most recent price (AVAX) Avalanche was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of AVAX you want to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the whole quantity of AVAX. When you're glad, click on “Buy AVAX”. Your plan will be filled as soon as a Vendor sells their AVAX for the price you submitted.
Step 5 – Withdraw Avalanche (AVAX) Unless you're frequently trading, best advise is not to keep coins on an Crypto Trader for an extensive time frame. To withdraw your Avalanche (AVAX), hover over the tab called “Funds” and click on “Withdraw”. Avalanche (AVAX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Avalanche (AVAX) by using the given drop-down box. Enter the quantity of Avalanche (AVAX) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.