A Step-by-Step-Guide on how to buy Avalanche (AVAX)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive your first 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Avalanche (AVAX) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (AVAX) Avalanche As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can start buying and trading. To purchase (AVAX) Avalanche on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To locate (AVAX) Avalanche, you'll need to put the shortname of the coin (AVAX) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this too. Click on “AVAX/BTC” to go ahead.
Step 4 – Buy Avalanche (AVAX) Once you've spotted Avalanche (AVAX), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the latest tariff Avalanche (AVAX) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of AVAX you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of AVAX. When you are happy, click on “Buy AVAX”. Your order will be filled as soon as a Seller trades their AVAX for the price you gave.
Step 5 – Withdraw Avalanche (AVAX) Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an extended period of time. To take off your Avalanche (AVAX), go to the ”Funds” tab and click on “Withdraw”. Avalanche (AVAX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Avalanche (AVAX) by using the given drop-down box. Put into the volumen of Avalanche (AVAX) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.