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).

Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Avalanche (AVAX) is available 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 right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate Avalanche (AVAX)

Once your deposit has been verified, you will now have access to your assets and you can launch buying and trading. To purchase Avalanche (AVAX) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To find Avalanche (AVAX), you'll need to put the cointype (AVAX) into the search box, which is marked in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “AVAX/BTC” to continue.

Step 4 – Acquisition of Avalanche (AVAX)

Once you've spotted Avalanche (AVAX), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order.

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

When you're glad, click on “Buy AVAX”. Your plan will be filled when a Vendor trades their AVAX for the price you submitted.

Step 5 – Withdraw Avalanche (AVAX)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Avalanche (AVAX), hover over the tab called “Funds” and click on “Withdraw”. Avalanche (AVAX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Avalanche (AVAX) by using the given drop-down box. Drop in the volumen of Avalanche (AVAX) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you're satisfied, click “Submit”. You could be requested for phone/email verification before a withdrawal.