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How to buy Avalanche (AVAX) in South Africa

Learn how to buy Avalanche (AVAX) easily by following a step-by-step guide and compare 10+ crypto exchanges.

How to buy Avalanche

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Avalanche.

  1. Open an account on an exchange that supports AVAX.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Avalanche.
  3. Buy Avalanche.
    Complete your Avalanche purchase and then find the best wallet to store AVAX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Avalanche?

Avalanche is a decentralised network that introduces a unique consensus protocol in order to host a network of high-speed blockchains, smart contracts and applications.

Avalanche’s focus on smart contracts, efficient transactions and hosting decentralized applications has seen it dubbed as one of the potential ‘Ethereum killers’. It offers many of the same functions as the Ethereum blockchain, but with faster transaction times.

Avalanche’s price surged in September 2021 on the back of $230 million of private funding from Polychain and Three Arrows Capital.

Avalanche’s Mainnet is EVM compatible, meaning that dApps on the Ethereum layer 1 network can be ported over to Avalanche without duress. They’ve also developed an Avalanche–Ethereum bridge that improves interoperability further, providing blockchain users and dApp developers the ability to transfer ETH and AVAX tokens between their respective networks.

AVAX is the native token of Avalanche. The AVAX token is primarily used for transactions, staking and network fees. It can also be used as the major economic token for various decentralized projects built on the protocol.

Avalanche (AVAX) is the 12nd largest cryptocurrency in the world by market cap, valued at $22,417,531,605. The current price of Avalanche is $92.67, which is -14.319% lower than yesterday. Prices have ranged between $108.15 and $78.1 over the past 24 hours. All prices are listed in US dollars and accurate as of December 05, 2021 12:12 UTC.

Where to buy Avalanche

Find an exchange to buy, sell and trade AVAX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

314
cryptocurrencies

New users earn up to USD $500 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
Kriptomat Cryptocurrency Exchange
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

198
cryptocurrencies

Finder Exclusive: Sign up with code FINDER15 and get EUR 15 when you spend over EUR 100 each month. T&Cs apply.
Buy a large selection of cryptocurrencies instantly via credit card or bank account after registering. Store your crypto conveniently in Kriptomat's multi-currency wallet.
KuCoin Cryptocurrency Exchange
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

458
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Coinbase Digital Currency Exchange
Coinbase Digital Currency Exchange
Bank transfer (ACH)
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

75
cryptocurrencies

Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Gate.io Cryptocurrency Exchange
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

870
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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Avalanche at a glance

Information last updated December 05, 2021 12:12 UTC.
Coin symbol AVAX
Coin Marketcap US$22,417,531,605
Total AVAX supply 377,752,194
Circulating AVAX 242,708,691
Current price US$92.67
All time high US$144.96

Avalanche price performance over time

Historical prices compared with the price of US$92.67.

1 hour -0.83%
24 hours -14.32%
7 days -17.25%
14 days -26.50%
30 days 17.22%
60 days 43.17%
200 days 151.59%
1 year 2,500.90%

How to sell Avalanche

You can cash out your AVAX with the same exchange you bought it through:

  1. Sign in to the exchange you have AVAX on.
    If you store your Avalanche in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of AVAX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Avalanche.

What to consider when buying Avalanche

When buying any cryptocurrency it is important to understand the risks associated with the underlying technology, as well as be aware of the volatile market conditions. In particular, buyers of AVAX will want to consider the following:
  • Avalanche is yet another new protocol competing in the over-saturated market of base-layer blockchains which include platforms such as Ethereum, EOS and Tezos.
  • As a newer protocol, it is yet to have its vulnerabilities and potential weaknesses thoroughly tested.
  • AVAX block rewards are set to vary over time in accordance with governance decisions, which means any return on investment via staking will be dynamic. In the first year after launch, the staking reward is set at a target between 7% and 12%.

Disclaimer: Cryptocurrencies, including Avalanche, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AVAX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Avalanche or any other cryptocurrency discussed.


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