A Step-by-Step-Guide on how to buy Avalanche (AVAX)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Avalanche (AVAX) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find (AVAX) Avalanche Once your deposit has been approved, you will instantly have access to your assets and you can start buying and trading. To buy (AVAX) Avalanche on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot (AVAX) Avalanche, you will need to insert the shortname of the coin (AVAX) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have highlighted this also. Click on “AVAX/BTC” to go on.
Step 4 – Buying (AVAX) Avalanche Once you've found (AVAX) Avalanche, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate (AVAX) Avalanche was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of AVAX you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of AVAX. If you're satisfied, make a mouse click on “Buy AVAX”. Your order will be filled when a Seller sells their AVAX for the price you offered.
Step 5 – Withdraw (AVAX) Avalanche Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your (AVAX) Avalanche, go to the tab called “Funds” and click on “Withdraw”. (AVAX) Avalanche can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (AVAX) Avalanche by using the given drop-down box. Drop in the volumen of (AVAX) Avalanche you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.