Avalanche is a relatively new proof-of-stake (PoS) blockchain network that is one of Ethereum’s rivals. The network is used to support developers who build smart contracts and decentralized applications, just like Ethereum.
However, Avalanche uses advanced technology to make the network more efficient, thus increasing scalability and reducing gas fees. These are the challenges that Ethereum faces and Avalanche is built to solve them.
The Avalanche network has grown rapidly over the years because of the network’s efficiency, the native token for the network, AVAX, has also been increasing in value as more people use it. Even now, it is still one of the crypto tokens that investors look to for the near future, and you can buy for yourself.
The following are the best exchanges you can use to buy and hold the token to earn in the coming bull cycle.
Binance
Binance is an easy platform to use and an excellent platform for deep liquidity. The platform has a design that suits both beginners and experienced crypto users, so that anyone can use it to buy and sell crypto.
It supports over 350 crypto assets, one of which is AVAX, and provides several methods for buying such assets. You can use the Binance website or the Binance mobile app for both Android and iOS devices.
If you’re in a region where Binance is allowed, you’ll be making a great choice using this low-fee exchange to buy your AVAX today.
Coinbase
Are you a crypto newbie looking to buy some AVAX to add to your portfolio? Coinbase is the exchange you should consider using. It is an exchange with a plain design that makes it easy to use and navigate.
Coinbase has a selection of hundreds of crypto assets, including AVAX which is one of the promising tokens in the crypto space right now. You can use various methods such as debit/credit cards as well as bank transfer to buy fast and easily.
The exchange also has the liquidity you’ll need to trade assets on it. However, its fees are higher than those of the average exchange.
Kraken
Kraken is another top crypto exchange where you can buy AVAX with minimal fees. The exchange has a good reputation as a secure crypto trading platform and also as a platform for everyone. Though it has advanced features for pro traders, it is also simple enough for beginners to use.
The great thing about using Kraken to buy AVAX is that you can also use it to stake your tokens and earn passive rewards without doing anything. As a global exchange, Kraken is accessible from all over the world as long as crypto trading isn’t forbidden in your jurisdiction.
The exchange is highly secure, with no history of a security breach, so it is completely reliable and you can use it with no fear.
KuCoin
KuCoin is a top global crypto exchange with over 30 million users worldwide. The exchange is also one designed for all users, with a user-friendly design that makes it easily navigable. You can use it to buy and sell over 700 crypto assets, including AVAX.
The exchange also charges low fees compared to other platforms. This is particularly important if you intend to actively trade your AVAX. You can also swap AVAX for any of the other crypto assets as you wish.
Bybit
Bybit offers roughly 1,000 crypto assets, including AVAX. You can also use it to easily buy AVAX and either stake or trade it. Bybit is also one of the crypto exchanges with the lowest fees which is an important feature for active traders.
Methods you can use to buy AVAX on Bybit include debit/credit cards, bank transfer, among others depending on your location. This exchange is one of the most secure ones because it is fully regulated by several countries.
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