Avalanche is a decentralized, open-source blockchain with smart contract functionality. It has gotten a lot of traction due to its high speed and low costs. The protocol is run and maintained by the Ava Labs team. Ava Labs has offices in New York City and Miami and aims to create a frictionless world by disrupting global finance the way we know it.
Many people buy AVAX for profit expectations and benefit from its long-term gains. If you have a "buy-and-hold" strategy, we recommend transferring your coins to a cold hardware wallet like Ledger Nano. Having said that, CoinSmart has taken several security measures to ensure user fund protection. These include – mandatory 2FA, withdrawal confirmation emails, cold storage & BitGo user funds insurance.
Buy and Sell AVAX with ease on CoinSmart. You can also use our SmartTrade to swap AVAX with other cryptocurrencies in one simple step.
Being a proof-of-stake-based system, you may participate in the network governance by delegating your AVAX in the ecosystem. Earn AVAX staking rewards on autopilot.
Two parties can easily send AVAX to each other irrespective of their geolocation, provided they have a compatible wallet.
Avalanche currently has one of the top 5 biggest DeFi ecosystems by total value locked (TVL). You can use the network to interact with the various DeFi apps without paying bloated gas fees.
Avalanche also supports non-fungible tokens (NFTs). It already hosts multiple high-quality projects.
You can read our series of in-depth articles on Avalanche and learn how it works on CoinSmart's GetSmart Hub.
Use bank wire transfer, bank draft, and Interac e-Transfer to instantly fund your account on the very same day and buy AVAX.
Use SmartTrade to convert one of your other cryptos to AVAX in one step. SmartTrade allows you to instantly buy and sell Solana and other cryptocurrencies.
CoinSmart utilizes world-class cybersecurity practices to ensure that your funds are always safe. Our funds are insured by BitGo, to guarantee protection in the unlikely event of a hack. User accounts and withdrawals are further kept secure via Google 2FA and Email Withdrawal Confirmations.
CoinSmart is the perfect starting point if you are new to crypto, thanks to its 24X7 client service and jargon-free approach. Everything in our interface is straightforward. Extra care has been taken to ensure simplicity in each and every step.
CoinSmart is proudly Canadian. We want to create the ideal crypto platform for our users in Canada, Europe, and beyond. To provide a safe environment for our users, CoinSmart has worked closely with the Ontario Securities Commission (OSC) to obtain the license as a restricted dealer (shall we add marketplace status here on?). In simple terms, we are legally obliged to operate transparently and ethically.