How to buy Avalanche (AVAX) in Australia

How to buy AVAX in Australia

If you want to buy Avalanche (AVAX) with a trusted & regulated cryptocurrency exchange in Australia, follow these steps:

1. Register for a CoinSpot account. You will need to provide your email address and create a password.
2. Verify your account. To do this, you will need to upload a photo ID and proof of residence.
3. Deposit AUD into your account. You can do this by transferring funds from your bank account, or using an alternative method like cash, BPAY, POLi and others.
4. Once your funds have arrived in your CoinSpot account, go to the "Buy/Sell" page and search for "AVAX/AUD".
5. Select your desired price and amount, then click "Buy AVAX".

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.

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Where can I Stake AVAX to earn rewards?

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.

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What is Avalanche?

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.

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Avalanche (AVAX) DeFi

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.

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Avalanche (AVAX) Price AUD

The chart below is the live price of Avalanche (AVAX) in Australian Dollars (AUD).

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