Buy Avalanche (AVAX)

Avalanche is a decentralized blockchain platform and cryptocurrency that aims to provide high-speed, scalable, and secure solutions for decentralized applications (dApps) and financial transactions. It was created by a team of computer scientists led by Emin Gün Sirer and was launched in 2020. Avalanche employs a unique consensus mechanism called Avalanche consensus, which combines elements of both proof-of-work (PoW) and proof-of-stake (PoS) mechanisms to achieve fast transaction confirmation and high throughput.

In Avalanche, the network is secured by a set of validators who participate in the consensus process. The validators are responsible for reaching an agreement on the state of the blockchain and confirming transactions. Avalanche introduces a novel approach to consensus called the Avalanche consensus protocol. This protocol enables the network to achieve near-instant finality by utilizing a randomized sampling mechanism. When a new transaction is submitted to the network, it is quickly propagated to a subset of validators known as the "snowflake" group. These validators then vote on the validity of the transaction, and if a threshold of votes is reached, the transaction is considered confirmed. This process allows Avalanche to process a large number of transactions concurrently, making it highly scalable. Furthermore, Avalanche supports the creation of custom blockchain networks, known as subnets, which can be tailored to specific use cases and requirements. These subnets can operate independently or be interconnected through the Avalanche network, enabling interoperability between different dApps and assets. Avalanche also features a built-in virtual machine called the Avalanche Contract Chain (X-Chain), which supports the deployment of smart contracts and the creation of decentralized applications. This flexibility and extensibility make Avalanche a versatile platform for developers and users seeking a fast, secure, and customizable blockchain solution.

Follow the steps below to easily and securely buy Avalanche.

1. Sign up

   Create an account with a reputable crypto platform like Finst.

2. Deposit EUR

   Deposit Euros using payment methods like iDEAL, Bancontact, or SEPA.

3. Start investing

   Buy Avalanche and securely store it on our platform.

You can securely store your Avalanche in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Avalanche. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Avalanche with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Avalanche with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Avalanche through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Avalanche is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Avalanche involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Avalanche, it is important to understand the risks.

Volatility: The price of Avalanche can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Avalanche is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Avalanche through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Avalanche or other cryptocurrencies anonymously on a regulated crypto platform in Europe.