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How to Buy Avalanche (AVAX) – Invest with Low Fees Today

Popular altcoin Avalanche broke above $100 in November 2021, having opened the year at $3. We cover everything you need to know about how to buy AVAX and the best cryptocurrency exchanges that have listed it.
Should I Buy Avax
Should I Buy Avax

Avalanche is a smart contract platform for launching decentralized applications, financial assets, and for creating custom blockchain networks. The aim of Avalanche is to be a global asset exchange that can allow anyone to launch, trade, or create any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies. Hence, most market investors are looking at how to buy Avalanche (AVAX).

The developers at Ava Labs claim that Avalanche is the first smart contract network that offers transaction finalization in under one second as standard. The mainnet of Avalanche was launched in September 2020 and the platform’s native token is AVAX, which performs various tasks within Avalanche and also can be used as a reward and payment system. The native token of Avalanche, AVAX has a limited supply of 720 million coins. The coin is used not only as part of the consensus mechanism but it is also used for paying network transaction fees.

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    How to Buy Avalanche (AVAX)

    1. Choose a Avalanche (AVAX) exchange – we recommend eToro as it’s FCA, ASIC and CySEC regulated
    2. Create an account
    3. Deposit funds into your account
    4. Search ‘Avalanche (AVAX)’ in the drop-down menu
    5. Click ‘Open Trade’ and select an amount of Avalanche (AVAX) to buy

    Best Places to Buy Avalanche (AVAX) in December 2022

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    for $1000 you get75.0644 AVAX
    Features
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    Most regulated
    Copytrade winning investors
    Fees
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    for $1000 you get75.0644 AVAX
    68% of retail CFD accounts lose money.
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    How to Buy Avalanche (AVAX) with eToro – Full Step by Step Guide

    If you want to learn more about buying Avalanche (AVAX), the first step is to register an account with a broker. Because Avalanche (AVAX) is listed on the Blockchain network, it is critical to identify a broker who has access to the blockchain. Some of the most notable cryptocurrency brokers in the United Kingdom have already been discussed. We recommend eToro since it is the simplest way to get Bitcoin, which can then purchase AVAX.

    Step 1: Open an Account

    The first step is to open the eToro website and then register for a trading account by clicking on the “Join Now” button at the center of the screen. Enter your:

    • Full name
    • Nationality
    • DOB
    • Address
    • Contact Details
    • Username and Password

    How to Buy Avalanche (AVAX) on eToro

    How to Buy AVAX on eToro

    Visit eToro

    Step 2: Upload ID

    To comply with regulatory rules, eToro will request you to give a copy of your driver’s license or passport to verify the provided identity. A copy of the utility bill or bank account statement will be required to validate the stated address. Once the documents are uploaded, the verification will take place automatically.

    Step 3: Make a Deposit

    The minimum requirement for opening an account with eToro is $50, which can be deposited through various methods, including:

    • Debit cards
    • Credit cards
    • Bank transfers
    • Skrill
    • PayPal
    • Neteller

    eToro imposes a flat fee of 0.5 percent on all deposits, regardless of payment method. This is far less expensive than some of its key competitors, such as Coinbase, which charges 3.99 percent to buy Bitcoin with a debit card.

    How to Buy Avalanch (AVAX) on eToro

    How to Buy Avalanche (AVAX) on eToro

    Furthermore, there is no transaction cost if you are a US resident depositing funds through a USD-backed payment method. The minimum deposit is $50 for residents of the United States and $200 for most other countries.

    eToro doesn’t offer direct Avalanche (AVAX) purchases – meaning that you will first need to deposit some funds and buy Bitcoin. Apart from a bank transfer, all deposit method instantly credits your funds into your account.

    Step 4: Search for AVAX

    At this stage of our step-by-step guide, you should now have an eToro account that is funded. Now it’s time to buy Avalanche (AVAX).  You can now buy Avalanche (AVAX) simply by searching for “AVAX” and then typing the amount you want to invest in the ‘Amount’ box ($25 minimum).

    How to buy Avalanche crypto on eToro

    How to Buy Avalanche (AVAX)

    Finally, click on the ‘Open Trade’ button to complete your investment.

    Compare Cryptocurrency Exchanges

    broker-logo
    68% of retail CFD accounts lose money.
    broker-logo
    74% of retail investor accounts lose money when trading CFDs with this provider.
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    The price and value of any investment in digital asset products can fluctuate.
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    The traded price of digital tokens can fluctuate greatly within a short period of time.
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    Market prices for digital tokens can be volatile and highly unpredictable.
    broker-logo
    As with any asset, the values of digital currencies may fluctuate significantly.
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    The value of digital currencies can go up or down frequently.
    broker-logo
    71% of retail CFD accounts lose money.
    broker-logo
    As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.
    Rating
    5.0
    4.7
    4.7
    4.6
    4.5
    4.4
    4.3
    4.1
    4.0
    Mobile App Rating
    10/10
    9/10
    9/10
    8/10
    8/10
    9/10
    9/10
    9/10
    10/10
    Mobile App
    Wallet
    Number of Coins
    7460223617596515123
    Trading Fees
    SpreadsSpreads0.1%0.1%0.1%0.1%0.50%Spreads0.2%
    Deposit Fees
    N/AN/AN/AN/AN/AN/AN/AN/AN/A
    Withdrawal Fees
    $5N/A0.0005 BTCN/AN/AN/AN/AN/AN/A
    Regulated
    ASIC, CySEC, FCACySECN/AN/AN/AFCAFCACBI, MiFIDN/A
    Min. Deposit
    $50100 EURN/AN/A$10$10$2$100N/A
    Leveraged Trading
    N/AN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x1-200x
    Bitcoin
    $17019.66$16918.55$16863.79$40391.88$40393.04$40404.41$40416.27$16910.13$40377.55
    Ethereum
    $1252.80$1249.08$1241.33$2796.11$2795.55$2797.45$2796.59$1244.74$2795.54
    XRP
    $0.39$0.39N/A$0.23N/A$0.78$0.30$0.39$0.78
    Tether
    $1.01$1.01$1.00$1.00N/AN/A$1.00N/AN/A
    Litecoin
    $76.55$76.17N/A$109.04N/A$109.10$109.04$76.24$108.99
    Bitcoin Cash
    $110.82$111.15N/A$506.41N/A$295.12$295.07$111.09$294.96
    Chainlink
    $6.99$6.93N/A$14.26N/A$14.68$14.67$7.02$14.68
    Cardano
    $0.31$0.32N/A$0.83N/A$0.83$0.83N/A$0.83
    IOTA
    $0.21$0.21$0.20N/A$0.70$1.91$1.91$0.21$0.70
    Binance Coin
    $288.00$285.44$285.36N/AN/A$385.92N/AN/AN/A
    Stellar
    $0.09$0.09N/A$0.19$0.08$0.19$0.19$0.09$0.19
    Bitcoin SV
    N/A$41.12N/A$182.50N/AN/AN/AN/A$77.12
    USD Coin
    N/AN/AN/A$1.00N/AN/AN/AN/A$1.00
    EOS
    $1.00$1.00$0.99$2.06$2.06$2.06$2.05$1.01$2.06
    Monero
    N/A$147.77$145.84N/AN/AN/AN/AN/A$188.31
    Credit Card
    Giropay
    Neteller
    Paypal
    Sepa Transfer
    Skrill