Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Avalanche. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a decent amount of popular and regulated crypto exchanges, so it’s quite easy finding an exchange that has Avalanche. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Avalanche in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Avalanche in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Avalanche, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Avalanche.
Alternatively, if you want to know more about which exchanges we prefer, read our list of the best sites to buy bitcoin in Australia.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.
Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.
Once done, it’s time for the next step.
3. Funding your account with AUD
To buy Avalanche, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.
4. Buy Avalanche
The final step is to go to their asset list, find Avalanche, navigate to the buy section, and then trade your AUD for some AVAX. Once you’ve bought Avalanche, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.
Where to Buy Avalanche (AVAX)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit Binance|
Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.
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How to Sell Avalanche
If you’re thinking about selling Avalanche, just follow the steps below.
- Sign in to the cryptocurrency exchange (like Swyftx).
- Click on Avalanche in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell Avalanche for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Avalanche in Australia legal?
Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.
How to buy Avalanche with PayPal?
Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Avalanche. Have a look on their site first, you might be lucky.
How to buy Avalanche with a credit card or debit card?
Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Avalanche with your credit/debit card.
Avalanche (AVAX), which is a cryptocurrency and a platform for blockchain, is very similar to Ethereum. AVAX, which is the native token of Avalancheâ€™s blockchain, can be used to support many other blockchain projects. It is very similar to Ethereum.
Avalanche's blockchain allows for near-instant transaction completion. AVAX is used to pay transaction processing fees and secure the Avalanche Network. It also acts as a basic account within the Avalanche Blockchains.
Avalanche claims that the blockchain can process 4,500 transactions per second. Avalanche was created in 2020. It is flexible, quick, secure, affordable, and easy to use. Avalanche's code is open-source. This means that anyone can view and contribute to it.
- Fast transaction processing times
- Reward structure incentivizes participation
- Supporting many blockchain-based initiatives
- Avalanche is a blockchain platform that uses AVAX as its native currency.
- Avalanche is a competitor to Ethereum that prioritizes transaction processing speed as well as scalability.
- AVAX is used to pay transaction fees and ensure security on the Avalanche Blockchain.
- A governance model is used for determining transaction fees and the rate at AVAX coins creation.