Where to Buy Avalanche – Beginner’s Guide

Avalanche (AVAX) is one of the hottest cryptocurrencies in the market right now. The asset continues to post impressive numbers, making it attractive for investors looking to buy Avalanche crypto.  

This review explains everything you need to know to buy Avalanche coin. We also provide details on the best platform to buy AVAX and the different factors that drive this popular new cryptocurrency asset’s price. 

How to Buy Avalanche – Quick Steps

Where to Buy Avalanche 

Now, let’s take a quick look into where to buy Avalanche crypto. Many platforms allow you to purchase this asset, but the best of the bunch include:

1. Crypto.com: Great Platform For Low Fees

Crypto.com is growing in popularity among crypto investors. The exchange gained notoriety through several marketing campaigns, but it has a lot to offer and is a great place to buy Avalanche crypto.

Based in Singapore, Crypto.com was built in 2016. The exchange has an operating licence from the Malta Financial Services Authority (MFSA) – the top financial regulator on the island of Malta. The exchange also operates seamlessly across over 50 countries. 

Liquidity is no problem for Crypto.com. The platform makes it possible to buy Avalanche Coin in seconds, and it also has an easy-to-use platform, which makes it an ideal place for beginners. 

With over 150 cryptocurrencies and hundreds of trading pairs, Crypto.com is a good fit to begin your crypto journey. The exchange charges no fees on deposits. Plus, it has some of the lowest trading fees on the market. 

As for security, Crypto.com uses several measures – including multi-factor authentication (MFA) and whitelisting- to keep your funds safe. The exchange also applies compliance monitoring measures and stores 98% of deposits in cold wallets. Even better, customers’ dollar balances are insured up to $250,000.

Cryptoassets are a highly volatile unregulated investment product.

2. Binance: The Crypto Industry’s To Exchange 

For avid cryptocurrency fans, Binance needs no introduction. It is the largest crypto exchange globally by daily trading volumes, processing billions of dollars in trades for customers in several countries.

Binance has been operating since 2017. It was based in China – then Hong Kong, then Malta and currently operates as a floating entity. Binance operates in over 100 countries globally, so be sure to trust it. 

Binance’s biggest benefit for most people is its deep liquidity. The exchange offers access to over 100 coins and even more trading pairs. So, when you invest in Avalanche, you can also use Binance to make money with your coin. 

As expected of a large exchange, Binance makes it easy to trade cryptocurrencies like Avalanche. The platform offers several deposit options, including popular payment processors, cards, and bank transfers.

Binance also gets top marks for its minimum balance. You can begin trading with as low as $10. This low balance makes Binance especially great for beginners looking to test the crypto waters. For advanced traders, check out Binance’s suite of sophisticated crypto trading features and see how well they help you to speculate. 

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

3. Coinbase: The Ideal Gateway For Beginners  

Coinbase is the largest crypto exchange in North America and trails only Binance on the global exchanges ranking.

Coinbase has been operating since 2012. The exchange was founded in San Francisco and has since been in operation. With a regulatory licence from the Securities & Exchange Commission (SEC) and a money services business designation from the Financial Conduct Authority (FCA), Coinbase is a great option if you’re looking for where to buy Avalanche crypto.

Like Binance, Coinbase also benefits from being one of the world’s largest and best crypto exchanges. The platform does an excellent job of helping you invest in Avalanche and completing your order in seconds.  

Unlike Binance, Coinbase is incredibly easy to use. This exchange offers a clean and clear interface and a minimum balance of $2 with access to over 100 coins and trading pairs. So, when it comes to versatility and ease of use, Coinbase has you covered. 

Another major advantage of using Coinbase is that the exchange offers several tools that can help you make money and get more out of your AVAX. From its staking product to the Coinbase Pro trading tool and even a debit card for American users, Coinbase is a great gateway into the market. 

Cryptoassets are a highly volatile unregulated investment product.

What is Avalanche?

Avalanche is one of the most popular blockchains in the world right now. The platform is intuitive, offering a possible solution to enhance blockchains’ interoperability, scalability, and functionality. 

Ava Labs launched Avalanche in 2020. The blockchain supports smart contracts, allowing decentralised applications (dApps) to be built. Avalanche aims to deliver a scalable solution with low costs and high security. 

The Avalanche platform allows users to create an unlimited number of interoperable and customised apps. To operate one, you will need to pay subscription fees and settle transactions in its native coin – AVAX. 

To improve the functionality of blockchain technology, Avalanche’s creators built a platform that focussed on improving Bitcoin’s blockchain. Avalanche tackles these issues with a unique approach – using three separate chains. 

The first is the X-Chain, which uses Avalanche’s consensus protocol to manage assets. Then, the C-Chain is used to create smart contracts and the P-Chain coordinates validators. Both C-Chain and P-Chain use the Snowman protocol. 

The Avalanche consensus protocol checks all transaction confirmations randomly by having all nodes work parallel. Through these random checks, Avalanche increases the probability of a valid transaction. 

Is Avalanche a Good Investment?

So, you might be wondering whether this is a good time to invest in Avalanche. Several features makes AVAX a worthy investment. They include: 

• An interesting use case

Blockchain technology is currently changing the world. But, there are also several imperfections with some of the biggest blockchains right now. Avalanche is looking to create a world where blockchains can connect and share data while maintaining scalability, functionality, and security. 

The blockchain has an innovative solution that revolves around three separate chains. Each chain handles a specific task, thus reducing the overall load on the blockchain itself.

• A great way to capture gains 

Currently, AVAX is trading quite far from its all-time high. Even with the token’s relatively impressive performance, this shows that there are still many gains to be covered. Investors who understand value will definitely be looking to buy the dip, and AVAX appears to be as good a coin as any right now for anyone. 

So, if you’re willing to invest, we to buy Avalanche crypto right now. 

• Insurance against Ethereum 

Currently, the word on the street is that the Ethereum upgrade – dubbed Ethereum 2.0 – will optimise the blockchain’s operation. However, ETH 2.0 has been delayed severally, and many other “Ethereum killer” blockchains have risen in its place. 

Avalanche is such a blockchain. It has performed quite well while Ethereum’s operational issues weigh it down, and you could buy Avalanche crypto right now to invest in the rising project. 

• Avalanche delivers on its promise

The best blockchains are those that can offer scalability without sacrificing their decentralisation. So far, Avalanche has proven capable of doing this. The blockchain has limitless potential for interoperability with other chains, and its abundance of validators ensures that speed and decentralisation can be optimised. 

Avalanche also has a low barrier to entry. The hardware requirements to be a validator make it an affordable chain for validators to join. So, there is a big chance of increased adoption for this chain going forward. 

• Underrated interoperability 

Another important factor for most investors who want to back blockchains is interoperability. Blockchain experts have pointed out that interoperability will be an important part of blockchain’s future, and the chains that can easily collaborate with others will be pivotal to increasing blockchain adoption going forward. 

The Avalanche blockchain features thousands of subnets, forming a diversified and interoperable network. With a high throughput and a fully decentralised architecture, Avalanche is ripe for developers looking to build. 

Avalanche Price

Currently, Avalanche trades at $79.76, a jump of 1.61% in the past 24 hours – favourable against the broader market, which is down by 5.18% in the same time frame. 

The asset is trading just below the 10-day moving average (MA) of $79.84, although its relative strength index (RSI) of 50.11 shows that it isn’t yet at the oversold level. So, investors looking for gains might still be able to buy Avalanche token right now.

Avalanche Price Prediction

Price predictions for Avalanche are quite diverse. Wallet Investor, an algorithm-based forecasting site, has predicted that the asset should hit a price of $184.97 in the next 12 months. The site also pegs the average price for the coin to rise to as high as $659.55 in five years. 

Another site Digital Coin has forecasted that AVAX will hit $95,11 this year and reach an average of $157.36 in 2025. The website also sees the possibility of AVAX jumping from $136.71 in 2026 to $184.19 in 2027. 

Ways of Buying Avalanche

• Buy Avalanche with PayPal

PayPal is arguably the most popular payment processor in the world right now. The Silicon Valley company serves hundreds of millions of customers, and it is especially a favourite among crypto investors. 

As an online payment service, it allows you to buy Avalanche crypto from the comfort of your home. Transactions take just a few minutes, and you can enjoy optimal convenience.

Right now, all platforms we’ve reviewed above support PayPal. This ubiquity is one of the major reasons why crypto investors love PayPal so much. 

The only caveat to PayPal is that the service charges fees. So, depending on the exchange and transaction size, you want to be sure that you’re fine with the fees. Once you are, proceed with the purchase. 

• Buy Avalanche with Credit Card or Debit Card

If you’re looking to invest in Avalanche, it’s worth noting that credit card purchases are also available. Like PayPal, credit cards are also popular because they are ubiquitous and convenient. You can buy Avalanche from your home and have your order completed in seconds. 

As a ubiquitous option, all platforms we’ve listed above also support card purchases. So, if you want to know how to buy Avalanche crypto, this is another great option. 

With fees, different manufacturers charge different fees, and these will be subject to change based on factors like the transaction size and even your country. We advise you to inspect the fees charged by your card issuer and proceed with your purchase.

Best Avalanche Wallet

Now we know how to buy Avalanche token, securing your coins is equally important. The best crypto wallets will get you that security.

A crypto wallet is a service or a device that connects to an asset’s blockchain. It allows you to send and receive coins and makes it possible to store them. 

The best crypto wallets are a secure place to store your private and public keys.

The public key is a long alphanumeric combination that serves as your wallet address. You send coins to anyone who would like to receive them, and it is your key to the blockchain. As for the private key, you use it to sign off transactions and confirm them. If you want to send money to someone else, the private key is your gateway to doing that. 

There are different types of wallets available. They are broadly classed into: 

• Hardware wallets

A hardware wallet is a physical device that allows you to store your coins. They’re seen as the most hacker proof options because they aren’t connected to the internet – a process known as cold storage. Since hardware wallets aren’t connected to the net, it is nearly impossible for a hacker to steal your funds. 

However, hardware wallets sacrifice their convenience for security. With these wallets, spending coins on the go might not be possible. At the same time, you will need to be careful not to lose your wallet or damage it.

• Software wallets

Software wallets are services connected to your computer and make it possible to send and receive money. They’re installed on your device, and they offer security and convenience in sending money. 

Software wallets can be hacked into if not secured properly. Be sure to keep your keys safe and ensure your device itself isn’t being compromised. 

• Mobile wallets 

Mobile wallets are like software wallets, but for your mobile device. These wallets are downloaded and installed on your phone, and they’re especially great for their convenience. With mobile wallets, sending money on the go is as easy as you can imagine. 

But, like software wallets, security is a major point of consideration for these. You want to make sure that the wallet is safe and there are no security compromises.

How to Sell Avalanche

Conclusion

So, there’s the full guide to help you buy Avalanche crypto. The asset is one of the hottest right now, and you can rest assured of long-term gains with it. 

If you do decide to buy Avalanche crypto, we recommend using Crypto.com.

FAQs on How to Invest in Avalanche