How to Purchase Avalanche (AVAX) using IRISnet (IRIS)

To buy Avalanche using IRISnet, first, find a cryptocurrency exchange that supports the AVAX/IRIS trading pair. Create an account, verify your identity, and deposit your IRIS into your exchange wallet. Locate the AVAX/IRIS pair on the trading platform and place an order to exchange your IRISnet for Avalanche. If the AVAX/IRIS pair is unavailable, you can first exchange IRISnet for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Avalanche. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.