The best place to buy Avalanche is on an Australian crypto exchange like [Cointree](https://www.cointree.com/). At Cointree, we've built an easy-to-use platform that's trusted by tens of thousands of Australians. Along with 160+ other [digital currencies](https://www.cointree.com/trade/cryptocurrencies/), you can easily buy and sell AVAX in only a few clicks and at low cost.

It's easy to make your first Avalanche purchase on Cointree. All you need to do is create and verify your account, deposit funds with a bank transfer, and you're ready to buy. And when you use PayID for your bank transfer, the deposit clears instantly. It's as easy as a debit card payment. You can also sell Avalanche on our exchange in only a few clicks. When you put a sell order on our website, it's executed almost immediately. Overall, we have one of the easiest exchanges to buy/sell AVAX in the blockchain industry.

The AVAX token is the platform's unit of account that is used for staking in their unique consensus protocol and as payment for transactions. Much like the Australian dollar is used in our economy, the AVAX token is used in the Avalanche ecosystem. Beyond trading between investors, the token plays a key role, with validators securing the network by staking AVAX and processing transactions. Most validators on the proof of stake protocol are incredibly fast, which is why the Avalanche blockchain has such a low time to finality. Also, to calculate the market cap, you simply calculate the price by total supply. We automatically include this data on our site. As always, do your own research before buying Avalanche and make sure you consult a licensed financial professional for financial advice on the risk of investing in cryptocurrency.

You can store AVAX on your free multi-coin wallet on Cointree. You'll receive this wallet automatically when you sign up to begin trading. Alternatively, you can use a hardware wallet like Ledger to store your tokens.