Are you in search of an article that shows exactly how to buy AVAX in Australia? If yes, you are in the right place. We have curated useful information in this How to buy Avalanche (AVAX) in Australia guide for you so stick to the complete roadmap and make the right decision.
AVAX is a popular coin and is easily accessible to most cryptocurrency trading exchanges. But it’s not wise to use just any exchange out there, you need to pick the right option as per your needs and requirements.
The selection of one amongst the same and relatively comparable platforms is difficult but we have articulated this roadmap to provide you with the right information regarding buying AVAX in Australia. Chose one crypto trading platform out of our suggestions in this guide and prevent yourself from getting into the hustle.
How To Buy Avalanche (AVAX) In Australia – Quick Guide
we will use Binance Exchange to make it easy for you and relevant for most of the readers out there.
Go through the complete guide and follow the steps as followed:
◾ Visit the official website of Binance.
◾ Sign up by entering your phone number and the email address in use.
◾ Verify your account.
◾ Deposit Funds using debit/credit cards.
◾ You are ready to buy AVAX. Click on the Buy AVAX button and confirm the transactions.
Where To Buy AVAX In Australia
AVAX is a native coin on Avalanche. It has established its reputation among traders and in the crypto world with time. You can trade AVAX in Australia on Coinbase, Binance, and CoinSpot.
These platforms have their own unique features and reputation among the crypto trading exchanges. You can use any of these platforms for making your trading easy and hustle-free.
Coinbase is one of the world’s most popular cryptocurrency exchanges. Here you can buy, sell, and trade crypto coins with ease. Coinbase lists a variety of cryptocurrency assets and allows users to trade them. To make trades easier for the users, Coinbase has launched its mobile application in the market for both Android and iOS.
You can use the applications to simplify your trade from anywhere in the world, no matter where you are, the application works efficiently. Coinbase offers a self-hosted wallet that offers as many services as any other wallet in the industry.
Coinbase stores the user’s assets in offline cold storage facilities. It has a beginner-friendly and easy-to-use interface that simplifies the trading process for its users. You can buy AVAX token on Coinbase in simple steps.
People who have not even started trading also know about Binance because it is one of the most popular and reputed trading exchanges in the crypto realm. It allows users to trade on over 600 cryptocurrency assets. Binance has a beginner-friendly, easy-to-use, and intuitive interface that provides users with simplified trading and a great user experience.
With no minimum deposits and low trading fees, Binance is one of the most affordable exchanges in the market. You can enjoy trading in Binance by simply signing up and verifying your identity. Binance is also a popular choice among experts because it offers them pro trading features like Margin, etc.
CoinSpot is comparable to some of the leading trading exchanges in the Crypto world. It is a crypto exchange that offers a wide range of coins for trading. You can easily start your trading journey right after opening an account and verifying your credentials, such as your phone number and email address.
You can start trading only within the first minute of registration. Its intuitive interface attracts traders to enjoy trading with high-tech security and easy-to-use tools.
CoinSpot’s mobile application for both Android and iOS allows traders to inspect the trade from anywhere in the world. CoinSpot also has 2-factor authentication on each withdrawal for better security.
Ways Of Buying AVAX Tokens
There are plenty of payment methods to buy Avax tokens on the crypto trading platforms. But not all of them use all the payment methods to accept the fund transactions. You need to have little knowledge of how the transaction takes place and that is what we are going to discuss in this segment.
Buy AVAX With Paypal
PayPal is a payment method that has created a universal network across the world. You can buy cryptocurrencies using your PayPal account from many trading platforms but not all the platforms receive payments with PayPal’s account.
PayPal has different transactional charges for its users in different countries. You can purchase any crypto-asset, i.e.Ether or Bitcoin, and transfer them into your AVAX exchange where you can convert Bitcoin or Ether to AVAX.
Buying crypto with PayPal is straightforward and easy, this is why it is universally accepted and users do not doubt its credibility.
Buy AVAX With A Credit/Debit Card
Buying crypto with credit/debit cards is a simple process. You can directly deposit AUD from the bank account in your exchange. It is a matter of only a few minutes. Transaction through debit/cards takes place instantly which makes it a solid choice among traders.
On the payment transaction page on the Binance platform, tap on the ‘Available Payment Methods’ option and select the debit/credit card. On the transaction page, it is required to enter the details and let the Binance complete the transaction. After this, verify the entries you have filled in and confirm the transaction.
AVAX Price And Prediction
There is no hard and fast rule for predicting the price of crypto assets. Being volatile, cryptocurrencies do not play a fair game with the expectations most of the time as sometimes predictions can go completely wrong.
The price of an asset depends upon the market demand of that asset, its historical background, and other technical aspects.
Currently, at the time of writing this guide, the price of AVAX is 78.76 AUD. The algorithm depicts prices of AVAX to rise from now on, and reach $118 by the end of 2022. In 2025 AVAX can rise to $300 but that is only speculation as of now.
It may be a good long-term investment. But as we said, predictions might go wrong sometimes, because they are not generally based on real-world market situations.
Benefits Of Buying AVAX Token
As the predictions suggest, AVAX can rise to $118 by the end of 2022 and $377 by the end of 2025 and thus could be a beneficial long-term investment if we take the predictions into account. For gaining profit, you must have a flexible appetite to consume the risk. Experts suggest that its price may reach $1000 by 2028 and $2,193 by the end of 2030.
The Avalanche is the parent platform of the AVAX coin, which is an open-source blockchain development platform. If you can develop your application, cryptocurrency wallet, and more on Multiverse. These features of Avalanche make the benefits of this cryptocurrency.
Risks Of Buying AVAX Token
If you are buying an AVAX coin or any other crypto asset, you must be flexible with the risks involved and invest according to your risk-taking abilities. Certain ways can minimize the risk factors in trades and thus it’s better to know them.
Some cons of the Avalanche can become the reasons for the high risks such as that there is no mechanism yet to punish the false transaction validators and still it is one of the costlier blockchains in the market. The competition that it is facing could also be a risk factor.
How To Buy Avalanche (AVAX) In Australia – Step By Step Guide
Buying AVAX coins on any platform is not a lengthy process. Follow the steps in this article and buy AVAX in no time. AVAX is the coin that operates on the Avalanche network. There are so many platforms like the ones we have discussed above.
Make sure to know your priorities before you chose a platform. Repeat the same steps mentioned below to make the purchase successful.
Choose An Exchange That Sells AVAX Token
This is the very first stage of beginning your trading journey. Choosing an exchange that sells AVAX is critical. It requires a lot of research, data, and time. What you need is not only an exchange but the right platform that suits all your trading requirements.
To reduce the hassle, you can use Binance as it is suitable for both beginners and pro traders. It offers a very low trading fee and accepts transactions with bank transfers and debit/credit cards.
Create And Verify Your Account
Creating an account on any crypto exchange is relatively easy. It is the same as you sign up on any other mobile application. It takes no longer to register yourself on any crypto exchange.
You can create your account in one go. Given below is a clear and direct approach to creating your account on Binance.
- Visit the official website of Binance.
- Look for the Register button in the top right corner.
- Click on it and you will be on the sign-up page.
- Enter your details with the phone number and email address that is in use at present.
- Verify your entered details.
You can use these steps as a reference while creating an account on an exchange.
Fund Your Account
This is the third step for you to start trading. After funding your account, you can buy the AVAX token and put it either for staking or trading other cryptos. On Binance, funding in your account can be completed in short and simple steps. You can fund your account with bank transfers or credit/debit cards.
- Choose the payment method that you use.
- Fill in your transaction details
- Deposit the fund equivalent to the amount of asset you will buy.
- Confirm the transaction.
- You are ready to buy AVAX.
After completing these steps, you can proceed to buy AVAX.
Buy AVAX Token
Now you are on the last step as you have almost completed all the prerequisites. Your AVAX tokens are only a few clicks away. Follow these steps to complete your purchase of AVAX.
- Look for the AVAX token in the list of digital tokens or search it in the search bar on Binance.
- Click on the Buy AVAX button
- Binance will deduct an amount equivalent to the amount of asset you have bought.
- Confirm the transaction.
- Once done AVAX will be added to your wallet
Best Wallet To Keep Your AVAX Tokens
once you learn how to buy an AVAX token you can hold it in Binance or store it in your personal wallet as storing your assets in hardware wallets is a much safer option. No matter how much you trust any platform, there is always a fear of losing your investments.
Scammers have made their attempts to steal assets, often successfully in the past. We have seen them manipulating the traders by triggering greed. In this section, we are suggesting a robust hardware wallet for you.
Ledger Nano X Hardware Wallet
You can prefer using Ledger Nano X which is a hardware wallet. It has been successful in storing digital assets safely and avoiding threads since its launch. It is one of the most popular wallets in the hardware wallet market.
You can store, swap, stake, and manage your coins in one place with Ledger Nano X. You can connect your phone with the wallet via Bluetooth. It can store over 5500 different crypto coins. Ledger Nano X also offers doorstep delivery with free shipping.
How To Sell AVAX Token
Selling AVAX coin on Binance is as easy as buying it. You can sell your assets at your ease by minimizing risk with the Binance security features. Binance P2P offers this service and connects you with buyers for selling your assets. It is a painless procedure and involves fewer steps.
- Visit the official website of Binance.
- Log in to your account.
- Open the P2P trading section.
- Place your order. Binance P2P will escrow your assets.
- Confirm the payment and check if you have received the payment from the buyer.
- Release your crypto from Binance P2P.
This is how simply you can place your orders and sell your assets on Binance.
How To Buy Avalanche (AVAX) In Australia: Conclusion
What you need to focus more on is the selection of the crypto trading exchange. This is the first step in reducing the risks involved in crypto trading. Until now, we have provided you with the complete road map on How to Buy AVAX in Australia.
Now you can use this information to make the right steps to deploy a portfolio with Avalanche. You can use Binance for sustainable and profitable trading. As it offers a low trading fee to Australians and users worldwide.
In Binance you need to open an account, verify your entries, and add funds directly with the Bank transfers and Debit/credit cards. We hope all the information in this guide will help you to make your transactions easy and safe.