A Step-by-Step-Guide on how to buy Avalanche (AVAX)
Step 1 – Join CEX.io You'll first need to buy one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Avalanche (AVAX) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Avalanche (AVAX) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can launch invest and trading. To buy Avalanche (AVAX) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To locate 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 also. Click on “AVAX/BTC” to go ahead.
Step 4 – Buying Avalanche (AVAX) As soon as you have located Avalanche (AVAX), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation Avalanche (AVAX) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of AVAX you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of AVAX. When you're happy, click on “Buy AVAX”. Your order will be filled when a Vendor trades their AVAX for the price you offered.
Step 5 – Withdraw Avalanche (AVAX) Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. In order to take off your Avalanche (AVAX), hover over the tab called “Funds” and click on “Withdraw”. Avalanche (AVAX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Avalanche (AVAX) by using the provided drop-down box. Put into the quantity of Avalanche (AVAX) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.