In the race to create the quickest and most complete blockchain in the emerging world of Web 3.0 technology, there are several major players who have surfaced in the last few years.
Of these players, Avalanche (AVAX) has proven to be a major competitor. The smart contract platform is notable for being one of the fastest in the blockchain industry. Developed by Ava Labs, Avalanche is a platform that allows users to simply produce their blockchains and decentralized apps (dApps).
Not only is the Avalanche brilliantly fast but it was designed to address some of the restrictions that older blockchain platforms currently face such as centralization, scalability and slow transaction times. By deploying Avalanche, any contract-enabled application can outperform its competition.
While Avalanche offers many favorable features, Crypto users have also begun to heavily invest in the platform because of its agile structure.
AVAX is the native token to Avalanche and carries three blockchains. First, the C-Chain is Ethereum Virtual Machine compatible, allowing Ethereum developers to use it to submit applications. Second, the Contract Chain (C-Chain) is ideal for smart contracts such as non-fungible tokens (NFTs) and decentralized applications (DApps). Last, the Platform Chain (P-Chain) is the metadata blockchain on Avalanche which coordinates validators, keeps track of subnetworks and enables the creation of new subnetworks.
Although users must contribute a subscription fee to Avalanche to operate on Avalanche’s blockchain, the costs are lower than competitors such as Ethereum’s gas fees.
Avalanche has a max of 720 million tokens in circulation. Instead of mining AVAX, the token is acquired by staking.
Eager to buy Avalanche but unsure how? No worries! Bitbuy is the simplest and most secure platform to buy Avalanche from. Bitbuy always ensures the lowest associated fees and highest security when buying, selling or trading cryptocurrency.
Investors can easily invest in Avalanche by creating an account with Bitbuy, adding funds to their account directly through e-Transfer or bank wire and buying Avalanche directly through the Bitbuy platform. Experience problems or need questions answered along the way? Do not fear, Bitbuy is always here. Our customer support team will ensure your investment journey is smooth throughout.
Buying Avalanche in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:
If at any point you need help signing up, verifying your account, adding funds, or buying and selling AVAX, just contact customer support for same-day assistance.
Bitbuy is one of the best and most secure places to buy Avalanche (AVAX) in Canada. Here is why:
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 95% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy, it is crucial users know that their digital assets are is safe with us.
Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy Avalanche (AVAX).
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.
We pride ourselves in our exceptional customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone.
Interac e-Transfer is the most popular way to pay online in Canada. Canadians want to buy Avalanche (AVAX) with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy AVAX in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.
Looking for a place to store your AVAX? Bitbuy is the perfect place to start. Bitbuy has built in wallets in each user accounts that you can use to store your AVAX safe and securely.
When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To institute the trade, click the 'Sell' button which will appear in red.
Click the drop-down and search AVAX to begin the sale.
Enter the amount of AVAX that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.
Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.
Locate AVAX and click on the 'Sell' button.
3) Complete your sale
Enter the amount of AVAX you wish to sell. The value of your sell will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!
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Quickly find the answers you need in our support centre, or contact a member of our team 24/7/365, and we'll be happy to assist you.
Bitbuy was designed for both new traders seeking a simple interface and for advanced traders who know their way around the crypto world. We understand that getting started with cryptocurrency can seem a little daunting and our goal is to make the process easier for you.