How to Buy Avalanche on OKX

How to Buy Avalanche on OKX

If you need guidance on how to buy Avalanche on OKX, you are in the right place! 

We’ll show you how to buy AVAX on OKX with fiat and digital assets, so let’s start.

A Step-By-Step Guide on How to Buy Avalanche on OKX

1. Register an Account

First, create a free OKX account.

2. Verify Your Account

Click on the profile icon on your dashboard and go to your profile. 

Hit the “Verification” tab in the upper menu.

Select “Individual Account” and hit continue. 

Enter your details and select an ID type you want to upload to the platform.

Finally, submit a photo of your ID to the exchange. You will be verified in a couple of minutes.

3. Deposit Funds/Crypto

Back on your profile, choose one of the deposit options you want to use.

If you have digital assets in an external wallet, you can transfer them to OKX by clicking “Deposit.”

OKX is often used for crypto-to-crypto trading and doesn’t offer many fiat deposit options. However, you can add a credit card to your account or use third-party services to buy AVAX.

Let’s say you have USDT on an external wallet and you want to move it to OKX. Hit “Deposit” and select USDT from the list. You will get a USDT address (a QR code) for OKX. You can use this wallet address as your withdrawal address on your external wallet.

Once your USDT is in your OKX account, you can trade it for AVAX.

If you are a beginner who doesn’t own any digital assets yet, no worries. Click “Buy with Credit Card” to go to the easy buy feature.

4. Navigate to the Relevant Screen to Buy

If you select “Buy with Credit Card,” you will be redirected to the easy order form.

As you can see, it’s pretty straightforward. You select the currency you want to spend and the currency you want to buy (AVAX), enter the amount of your purchase, and click “Buy AVAX.”

You will see a list of payment methods available to you.

You can use P2P express methods like Revolut, Payoneer, and AirTM to complete your transaction. If those options aren’t available, you can always select a third-party service like Banxa, Simplex, or Mercuryo.

Keep in mind that third-party services usually have a minimum buy limit (around 35 USD).

Once you click “Verify,” OKX redirects you to the payment page. You will sign in on the service of your choice and confirm the transaction.

If you don’t have an account at any of these options, don’t worry. You can quickly sign up for most of these services as you continue.

Once your transaction is finalized, your AVAX tokens will be deposited into your OKX wallet.

Buy Avalanche with Cryptocurrency

If you deposited crypto to your OKX account, you can trade your assets for AVAX through the spot market or the OKX Convert feature.

OKX convert allows you to swap crypto assets at set rates. While it’s considerably more expensive than the spot market (due to hidden fees of around 2%), it’s incredibly easy to use.

Click “Trade” on your dashboard and select “OK Convert.”

All you have to do is select the two assets you want to swap on the swap form and enter the amount of crypto you want to spend. Click “Confirm” and you are done.

However, if you want to pay less fees, the best option is the spot market.

Hit the “Trade” menu and select “Spot trading.” 

On the left, you will see a list of all available pairs on the spot market. Type AVAX in the search bar to see all the AVAX pairs, and select the one you want to use.

OKX offers USDT and USDC markets for AVAX, so if you own one of these assets, you can be done after one transaction. If you own an asset you can’t directly exchange with AVAX, don’t worry. You can exchange that asset for USDT and buy AVAX with USDT.

In the panel, select the pairing you want to trade and scroll down. You will see an order form you can fill out. Adjust the amount of crypto you want to spend and click “Buy.”

OKX allows you to place market and limit orders. Make sure you select “Market” as it will immediately give you the best available price. With limit orders, you can set your own price limit but if you don’t know how to read the market, you may have some trouble deciding on the right price. If you place a market order, your transaction is pretty much guaranteed to work.

And that’s how to buy Avalanche on OKX. You may also like our exchange reviews and other how-to-buy guides for different cryptocurrencies like Ethereum, Cardano, Polkadot, and Bitcoin.