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Deliq's Guide to Avalanche
Quick Guide to DeFi on Avalanche

Getting Started

Just like on other chains, Avalanche also needs some native AVAX tokens to pay for gas and buy other tokens on the chain.

Setup Wallet

  • You can watch this video to setup your Avalanche wallet.
    • Make a note of your X-Chain address.
  • Follow this guide for metamask setup.
    • Your C-Chain address is the same as your Ethereum or BSC wallet address.
  • TLDR; X-Chain is for AVAX token transfer from Exchange to Defi, C-Chain is for Defi.

Buying AVAX

  1. 1.
    1.AVAX is available on many crypto exchanges, for our example we use Binance.
  2. 2.
    2.In markets, search for AVAX. You can find many pairs to buy AVAX from, eg:
    1. 1.
      1.AVAX/BTC
    2. 2.
      2.AVAX/BUSD
    3. 3.
      3.AVAX/USDT
  3. 3.
    3.Once you've bought some AVAX, got your wallet page.
  4. 4.
    4.Click Withdraw, find and click AVAX.
  5. 5.
    5.Click Network and select AVAX. DO NOT SELECT BEP20 (BSC)
  6. 6.
    6.Enter your wallet address.
  7. 7.
    7.Enter the amount of AVAX tokens and click withdraw.
  8. 8.
    8.We're not done: there is still a step
Make sure to select AVAX