Avalanche is a blockchain protocol with the hallmark of a unique consensus protocol. Previously known as Ava – the Avalanche network is the first Ethereum smart contracts platform that is able to conduct blockchain confirmations in under one second.
Avalanche boasts one of the more democratic approaches to token distributions, with less than 14% of mainnet tokens to be issued to private investors and up to 70% being allocated to the users building on the ecosystem.
Recently, Avalanche has also launched Ava Labs, an open-source platform in the DeFi sector. Ava Labs looks to follow suit, and provide similar blockchain performance improvements in the rapidly growing crypto finance sector.
AVAX is the native token of the Avalanche platform. It is most commonly used to pay for fees and secure the blockchain through staking. You can buy Avalanche tokens on the Swyftx crypto exchange quickly and easily.
You can find out more about Avalanche (AVAX) at Swyftx Learn.
How to buy Avalance in Australia
You can buy Avalanche (AVAX) on a number of cryptocurrency exchanges in Australia. Swyftx is Australia’s top-rated crypto exchange as per our Trustpilot reviews, offering trading on hundreds of different assets in the crypto market. To get started, create your free trading account by providing your name, email address and phone number. Next, you’ll need to activate your account by verifying your identity. To verify you’ll need to input the code sent to you via SMS and email, and then submit your photo ID.
Once your account is verified you can then deposit funds into your account via bank transfer, POLI, PayID and debit card. As soon as your deposit clears, you can begin trading Avalanche token.
