Avalanche’s AVAX token is one of the trending commodities in the crypto market right now. Due to its unbelievable performance, it’s no surprise many investors are learning how to buy Avalanche in the UK.
If you believe in investing in valuable crypto projects, AVAX should be on your radar.
This guide details all you need to buy Avalanche in the UK. You’ll also find helpful information about the asset to guide your decision-making.
How to Buy Avalanche Coin UK in 2022
In a hurry and want to learn how to buy AVAX in the UK? This quick guide explains how to buy AVAX coin using our trusted platform eToro.
- Step 1 – Open an account: Head to the eToro home page and click on “Join Now.” Confirm your email account.
- Step 2 – Verify account: Submit your proof of residence and government-issued ID card to verify your account.
- Step 3 – Deposit: eToro allows you to deposit funds using your credit card, bank transfer, PayPal and many others.
- Step 4 – Buy AVAX: With your funded account, search for “AVAX” to purchase it.
Where to Buy Avalanche Crypto UK
Next, let’s consider where to buy AVAX in the UK. While many crypto exchanges allow you to purchase the asset, the best of the bunch include:
- eToro: The Best Place to Buy Avalanche In The UK
- : Great For Low Fees
- : Great For Beginners
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eToro: The Best Place to Buy AValanche In The UK
eToro is one of the most popular brokers for those looking to buy cryptocurrency.
Launched in 2007, eToro currently has offices across the world. It’s licenced by several top-tier watchdogs, including the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
It has also become especially famous for offering access to a broad range of assets – including coins like AVAX.
eToro scores top marks for being incredibly easy to use. The platform comes with a very user-friendly interface. Also, its low minimum investment allows anyone to begin trading with as low as $10.
You can also get versatility with eToro. The platform allows you to buy coins with credit cards, payment processors, bank transfers, and much more. So, if you want convenience, this is one platform to work with.
Another interesting feature of eToro is its CopyTrader feature. This option allows you to mimic the moves made by several top traders on the platform. So, you make money when they do.
In terms of costs, eToro is pretty competitive. Trading is commission-free, and the service doesn’t charge any registration or hidden fees.
Pros
- Great for beginners
- Impressive social trading feature
- Low minimum balance
Cons
- The platform charges an inactivity fee
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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Crypto.com: Great For Low Fees
Crypto.com is an interesting crypto exchange that has been making the rounds lately. After breaking into the mainstream with several impressive marketing campaigns, the exchange has become home to millions of customers.
Launched in 2017, Crypto.com is based in Singapore. The exchange offers access to fiat currency transactions and boasts an impressive collection of coins. With a licence from the Malta Financial Services Agency (MFSA), Crypto.com is available in over 100 countries.
Crypto.com is pretty great for beginners. It’s quite easy to use and the exchange also offers features like staking, which allows you to earn more money with your coins. Commit your assets for a particular period and receive some interest.
With low fees on trading and no fees on transactions, Crypto.com offers many benefits for any AVAX investor.
Pros
- Low fees with cash
- Over 150 coins
- Staking available
Cons
- No crypto-to-crypto trading
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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Coinbase: Great For Beginners
Coinbase is a popular crypto exchange. The service has operated for almost a decade, offering access to the crypto market with its impressive platform and suite of features.
The exchange is regulated by the Securities and Exchange Commission (SEC) and is also a member of the Financial Industry Regulatory Authority (FINRA). It’s also the only major crypto exchange with stock trades on a public exchange.
Investors will especially love working with Coinbase. The platform has a user-friendly design that allows beginners to join and get started in no time. As a top exchange, Coinbase offers access to one of the broadest ranges of cryptocurrencies in the world. So, trading options are limitless.
Trading on Coinbase is very straightforward. You can onboard in minutes and begin trading with as low as $2. With this tool, everyone can buy Avalanche in the UK.
Pros
- User-friendly interface
- Low account minimum
- Quick signup process
Cons
- Complicated fee structure
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
What is Avalanche Crypto?
AVAX is the native token for Avalanche, a growing blockchain network that is looking to revolutionise the industry entirely.
Launched in 2020 by Ava Labs, Avalanche is a blockchain that offers smart contract capabilities. It aims to deliver a scalable blockchain solution that solves the famous blockchain trilemma, offering speed, security, and scalability.
This way, the blockchain hopes to attract developers across several fields – including non-fungible tokens (NFTs), decentralised finance (DeFi), and blockchain gaming.
Avalanche also allows users to create an unlimited number of interoperable and even customise their blockchains. AVAX, the network token for executing transaction costs and governance, powers the entire operations.
Is Avalanche Coin a Good Investment?
So, you might be wondering whether AVAX is a good investment. Here are some reasons you can put your money into the project:
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A Solid Project
AVAX is backed by Avalanche, a blockchain already getting massive buzz across the crypto market. It has a lot of potential, especially with the blockchain space expected to expand still.
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A Bargain Price
Currently, AVAX is trading at about approximately 45% off it’s an all-time high. This shows that the asset still has a lot to offer investors in terms of hidden value.
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Investing in the Future of Blockchain
Currently, several upstart blockchains are looking to become the next Ethereum killer. Avalanche is one of these names, and while it’s yet to be seen if the platform can displace Etheruem, it has a bright future for sure.
Avalanche Crypto Price
Currently, AVAX trades at $78.44. This jump of 1.53% in the past 24 hours shows that AVAX is currently outperforming the broader crypto market, which is down by 1.08% in the same period.
AVAX Price Prediction
Price predictions for cryptocurrencies are a strong indicator of investor sentiment. AVAX has some bullish prospects, with most analysts expecting massive growth for the asset.
Currently, analysts at WalletInvestor believe that AVAX should be able to hit a price of $588 in the next five years. Digital Coin Price also shows a forecast of $150 by the end of the year and $270 by 2025.
As shown, most analysts are massively bullish on the AVAX price.
How to Buy Avalanche Crypto in the UK – Tutorial
Now, to the real deal – how to buy Avalanche in the UK. Since eToro is our top choice of a platform, here’s how to go about purchasing the coin:
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Sign Up
Go to the eToro home page and click on “Join Now.” enter your email and password, and verify your email.
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Verify Your Identity
Go to the prompt shown on your profile page and click on “Verify.” Show your proof of residence and government-issued ID to complete this step.
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Deposit Your Funds
eToro allows you to deposit using different methods. Choose which works best for you.
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Buy AVAX
Search for “AVAX” in the search bar and click on “Open Trade” to begin.
Best Avalanche Wallet
Now that you know how to buy Avalanche token, let’s talk about how to store it. When you buy Avalanche, it’s important that you protect your coins well. Cryptocurrency scams are rampant, and you will need to ensure that hackers don’t get your money.
This is why you need an Avalanche wallet. These apps make it easy for you to send and receive coins, offering the security you need to make everyday transactions.
The eToro Money wallet is the ideal choice for AVAX investors. This best crypto wallet is secure, with features like two-factor authentication (2FA) and PIN security to prevent unauthorised access to your funds.
At the same time, eToro Money makes sending and receiving coins easy, so you can easily put your AVAX to good use.
Conclusion
Overall, AVAX is one of the most impressive coins on the market right now. The asset commands a pretty reasonable price, and there’s a lot of potential for it to go even higher.
If you’d like to buy Avalanche in the UK, we recommend using eToro. The platform offers an easy-to-use interface with several impressive features to help you trade Avalanche.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
This article is part of a paid partnership with Finixio on behalf of financial services company eToro.