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Avalanche (AVAX) has bounced back from the pullback that lasted from mid-November till last Monday, (December 13).
Investors expect the AVAX bull trend to gather momentum in the coming weeks as we head to the close of the year.
To help investors and traders who are eyeing the AVAX coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy AVAX coin
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is Avalanche (AVAX)?
Avalanche (AVAX) is the native cryptocurrency of the Avalanche blockchain network.
For those who are new to Avalanche blockchain, it is a layer one blockchain that offers a platform for developing decentralized applications (DApps) and custom blockchain networks.
Avalanche is one of the leading Ethereum rivals and it aims at unseating Ethereum as the go-to blockchain for smart contracts. It has a higher transaction throughput and scalability compared to Ethereum
Should I buy the AVAX coin today?
If you are looking for a cryptocurrency that you can buy and hold because of its upward trend, then the $AVAX is a good choice especially now that it had retraced.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Avalanche price prediction
The rising popularity of Avalanche among decentralized developers (DApps) is expected to propel the price of AVAX higher.
Experts expect the coin to hit $100 by the end of this year.
$AVAX social media coverage
***ANNOUNCEMENT***
It's official. $JADE is coming to Avalanche.
The multi-chain future of JADE is taking it's first step.
The world's first "Decentralized VC fund" is about to get a lot bigger.$AVAX pic.twitter.com/a0RpIHPAX1— Jade Protocol (@JadeProtocol) December 14, 2021
FTX will list $AVAX spot! @avalancheavax
Deposit & Trade AVAX to share a total of $800,000 in AVAX!
Sign up now at #FTX: https://t.co/6rhTS7VDRt#AVAX #Cryptotraders https://t.co/3BxvESXxL7— CryptoTown (@CryptoTownEU) December 14, 2021
The post Where to buy Avalanche (AVAX) as it turns bullish again after the pullback appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.