How to buy Avalanche (AVAX) in Australia
Quick-Take: The easiest way to buy Avalanche (AVAX) in Australia is with CoinSpot. They offer the lowest fees and highest rewards to stake AVAX on their platform.
If you want to buy Avalanche (AVAX) with a trusted & regulated cryptocurrency exchange in Australia, follow these steps:
Once you buy the Avalanche (AVAX) token on your CoinSpot account, it will be automatically stored in your CoinSpot Managed Wallet. You can keep it here for secure custody, or withdraw it onto a personal wallet at any time.
If you want to stake Avalanche (AVAX) tokens to earn protocol rewards, you can do this on the CoinSpot platform. They offer the highest APY yields at 6.9% for AVAX stakers when compared to other platforms in Australia like SwyftX or Binance.
This is a recommended method because they are a centralised entity that is regulated in Australia, which is less risky than doing it on-chain.
Avalanche is a next-generation platform for launching decentralized finance applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche addresses many of the challenges associated with previous generations of blockchain technologies by enabling fast transactions, low fees, and high scalability.
Avalanche is also the first smart contracts platform that supports programming in any general-purpose language, making it more accessible and user-friendly than other protocols. The native token of the Avalanche network is $AVAX.
If you want to use some of the best native Decentralised Finance (DeFi) applications on the Avalanche network, we recommend you check out Defillma. Their platform shows the best DeFi applications on the AVAX network by Total Value Locked, which can help you find the most popular protocols.
Some of our favourite applications on Avalanche to earn yields on are Trader Joe, Stargate Finance, and Platypus Finance. With these platforms, you can earn up to 10% APY on stablecoins and other tokens.
The chart below is the live price of Avalanche (AVAX) in Australian Dollars (AUD).
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