How & where to buy Avalanche (AVAX) online

Avalanche is a growing force in decentralised finance. This beginner's guide explains where to buy AVAX coins and how you can do so.
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Updated: Jun 28, 2022
Tip: our preferred broker is, eToro: visit & create account

This guide to the AVAX coin gives you the lowdown on the Avalanche platform, its history, and what future success might look like. Get tips based on your investing style and find the best place to get the token.

What are the best exchanges to buy Avalanche on?

Use one of the brokers below to get Avalanche right away. These platforms are beginner-friendly, easy-to-use, and have been extensively tested by our cryptocurrency experts. If you want to learn more about the Avalanche platform first, read on.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$1
Promotion
User Score
9.3
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Description:
Create your account in minutes and start trading 90+ cryptos and other assets on the most flexible trading platform.
Payment Methods
Full regulations list:
3
Min. Deposit
$1
Promotion
User Score
8.7
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:

How to buy Avalanche online – a step-by-step guide

Step 1. Find an exchange

To get Avalanche you should use a cryptocurrency exchange. Each exchange is slightly different, but as a rule they are the best place to find any altcoin. Not only is there usually a wide range of coins, there are often many ways to swap one coin for another as well. Here are two top options:

  • Binance: Binance is the largest and most popular cryptocurrency exchange. It offers hundreds of coins, including Avalanche, and the Binance Academy is a haven of useful information to help you get started. Sign up with Binance now >
  • Kucoin: Kucoin lets you trade more than 250 coins and also boasts quality tutorials along with helpful advice to beginners. The platform accepts payment methods like PayPal and has a pro version for experienced users. Join Kucoin today >

Step 2. Sign up and fund your account

To be able to use an exchange, you have to sign up and create an account. That’s usually a simple process that involves submitting some contact details and a form of photo ID for verification. 

In terms of depositing money, a bank transfer or credit/debit card is the cheapest and easiest way to do it. However, some exchanges only accept deposits made in cryptocurrency, and some don’t accept any alternative payment methods like PayPal.

Step 3. Purchase

Find Avalanche on your chosen exchange by searching for the coin’s ticker symbol, AVAX. You’ll be presented with a list of pairs, such as AVAX/BTC, and you want to choose the one that fits what you intend to pay for it with.

Note that you might not be able to use a fiat currency (such as GBP or USD) to pay for Avalanche. Don’t worry, that’s quite normal for many cryptocurrencies. The way to get around it is to swap your fiat for either Bitcoin or Ethereum first, and use that to pay for Avalanche.

Step 4. (Optional) Get a suitable wallet

Now that you own your coins, it’s time to think about where to store them. Most of the time it’s fine to leave them in your exchange account, particularly if you’re only planning to hold them for a short time. For a more secure, long term home, you can get a wallet. Wallets store coins behind a password so that you have total control over your money. Here are two options:

  • Ledger Nano S: The Ledger Nano S is a hardware wallet, which means it comes in the form of a USB stick that keeps coins in ‘cold storage’ (offline). Even if you plug the USB into an infected computer, the coins remain safe. Get the Ledger Nano S today >
  • Freewallet: Freewallet is an online wallet with its own mobile app, so you can access your coins from anywhere. Mobile apps are extremely convenient and come with more than enough security for most users. Join Freewallet >
1
Min. Deposit
$1
Promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full Regulations:

How to trade Avalanche – a step-by-step guide

Step 1. Find a broker

Your main priority should be to find a platform that charges low trading fees. Trading cryptocurrency is an active process that means making a lot of moves, often opening and closing positions many times a day. It’s important to keep trading costs down, otherwise it can become expensive if you have to pay a high percentage of every trade in fees. Below you can find the best places to trade AVAX right now:

  • eToro: With eToro you can trade all the most popular financial assets, from cryptocurrencies like AVAX to stocks, forex, and plenty more. It’s one of the most popular brokers in the world and its copytrader social trading feature lets you learn from the best in the business. Join eToro today >

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Step 2. Deposit money

To use a broker you have to sign up and fund your account. It’s worth keeping an eye on fees, as these platforms often make their money by charging a commission on deposits and withdrawals as well as trades. Look out for a first time deposit bonus as well, as it can often be worth shopping around for the best deal.

Step 3. Decide how you’d like to trade

The way most people choose to trade is with contracts for difference (CFDs). A CFD is a contract that represents the price of an asset – the AVAX coin in this case – and your profit is the difference between the price on the day you sell it compared to when you bought it. You never take ownership of the coin itself.

Step 4. Start trading 

If you’re new to cryptocurrency, it’s worth starting with a beginner or demo account. This is a feature in your broker’s settings that lets you trade with virtual money. That way, you can practice on the real market without putting your own capital at risk.

When you trade, you’re speculating on future price changes by taking either a long (buy) or short (sell) position. Follow the latest news and analysis to help you decide which way you expect the coin to go.

You can also use some more advanced strategies to try to make a bigger profit. The most common is known as using ‘leverage’. You put down a small amount as a deposit and borrow a much larger amount – which can be 5x, 10x, or even more – from your broker to make a trade. This can lead to much bigger wins, but it’s extremely risky and can lead to big losses as well.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.

Still undecided?

To help you make a decision about whether Avalanche is the right investment, we’ve summarised the platform’s pros and cons. Find those below, followed by some final points about the best time to invest and what the future might look like.

Pros

  • You can earn extra money by staking your coins on the network itself
  • Developers require AVAX to create their apps, so a more popular platform equals more demand for the coin
  • The LUNA Foundation has bought hundreds of millions worth of AVAX to back the UST stablecoin
  • It’s designed to meet the real-world needs of financial markets, making it well-placed for widespread adoption

Cons

In addition to those pros and cons, here are three final things to think about before you invest in Avalanche.

1. Is it a good time to buy Avalanche?

It could be, although it depends on the state of the market as a whole and whether you’re planning to hold for the long term. If you are, and the current price looks appealing, then it might be that sooner is better.

For those with a short term view, the decision rests more on whether your trading indicators give you a buy signal. For more on how to use technical analysis and indicators, check out our short term trading course, or you can use our crypto analysts work below to help you time your entry into the market.

2. What problem does Avalanche solve, and what are the coin’s investment prospects?

It solves the problem of Ethereum being too slow to run a financial market on the blockchain. It’s also built specifically with the financial world in mind, with features like custom rules and interoperability that are absolutely necessary to generate widespread adoption.

That puts it in a good place to work alongside the existing market, rather than facing the challenge of totally changing it. As an investment prospect, the fact developers must use AVAX to build applications means demand should keep growing, while the platform offers an incentive to hold coins by staking them and earning interest.

The biggest issue is the sheer number of competitors. Ethereum 2.0 aims to solve a lot of its  speed and scalability issues, and there are the likes of Cardano, Zilliqa, and others, all trying to fix the same problems. Whether one platform can get ahead of the others is a big question and it’s worth keeping track of the latest news to see how the battle develops.

3. Do you want to hold Avalanche for the long term?

That depends on a lot of factors, most notably your investing style but also on its price fluctuations and whether you want to take advantage of its rewards. Here are a couple of final points to consider depending on whether your focus is short or long term.

Considerations for a long term investment strategy

If you expect the price to keep going up, or want to get AVAX and stake it to earn interest, it’s best to go ahead and get started. Sign up for an exchange to get the coins and then think about using a wallet to store them, if you aren’t going to stake them.

Considerations for a short term trading strategy

Short term traders should find a broker that charges low trading fees. Then you can pick your moments based on your analysis of the latest price information to try to take advantage of small fluctuations.


Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.