$ 26.37 USD
$ 26.37 USD
$ 9.3908 billion USD
$ 9.3908b USD
$ 189.264 million USD
$ 189.264m USD
$ 1.4942 billion USD
$ 1.4942b USD
405.91 million AVAX
Issue Time
2020-07-13
Platform pertained to
--
Current price
$26.37USD
Market Cap
$9.3908bUSD
Volume of Transaction
24h
$189.264mUSD
Circulating supply
405.91mAVAX
Volume of Transaction
7d
$1.4942bUSD
Change
24h
-1.88%
Number of Markets
781
More
Warehouse
Vasiliy
Github's IP Address
[Copy]
Codebase Size
27
Last Updated Time
2021-01-01 11:29:05
Language Involved
--
Agreement
--
Current Rate0
0.00USD
3H
-1.02%
1D
-1.88%
1W
+0.68%
1M
+14.47%
1Y
+154.03%
All
+403.7%
Avalanche (AVAX) is a cryptocurrency powering the Avalanche platform, a blockchain designed for high scalability and fast transaction processing. Unlike some blockchains that struggle with large volumes, Avalanche aims to handle thousands of transactions per second. This efficiency makes it suitable for various applications, including decentralized finance (DeFi), smart contracts, and non-fungible tokens (NFTs). AVAX serves a dual purpose within the Avalanche ecosystem. It functions as the native token used for paying transaction fees and can also be staked to secure the network and earn rewards.
Avalanche (AVAX) is traded on cryptocurrency exchanges, which are online platforms where you can buy and sell various digital currencies. To acquire AVAX, you'll need to create an account on an exchange that supports it. Popular options for AVAX trading include Binance, Coinbase Pro, and Kraken. These exchanges allow you to buy AVAX using various methods, often including fiat currencies (like USD) or other cryptocurrencies (like Bitcoin or Ethereum). Remember, cryptocurrency exchanges can have varying fees and features,
While Avalanche (AVAX) itself doesn't have a dedicated mobile app for buying crypto, several popular cryptocurrency exchanges offer user-friendly mobile apps that allow you to buy and sell AVAX. These apps function similarly to the exchange's web platform, enabling you to trade AVAX directly from your phone. Before choosing an exchange app, it's important to research their fees, features, security measures, and whether they support AVAX trading. Look for reputable exchanges with competitive fees and strong security practices to ensure a safe and smooth mobile trading experience for acquiring AVAX.
Scalability and Speed: AVAX addresses scalability issues faced by some blockchains, enabling faster transaction processing and potentially wider adoption.
Dual Functionality: AVAX serves as both the native currency for transaction fees and a staking mechanism for network security and earning rewards.
Smart Contract Potential: The Avalanche platform supports smart contracts, opening doors for various decentralized applications (dApps) to be built on its ecosystem.
Avalanche (AVAX) operates on its own blockchain and has a unique token address for identification. You can find the official address on various platforms like:
Transferring AVAX involves sending it from one wallet address to another on the Avalanche blockchain. Here's a simplified breakdown:
Avalanche (AVAX) cannot currently be directly purchased through cryptocurrency ATMs. These ATMs typically deal with traditional government-issued currencies and lack the infrastructure to handle specific cryptocurrencies like AVAX. To acquire AVAX, you'll need to use a cryptocurrency exchange or peer-to-peer platform that supports it.
Avalanche tokens (AVAX) require a cryptocurrency wallet for storage and management. These wallets don't store the tokens themselves, but rather hold the private keys that grant access to your AVAX on the blockchain. There are two main types to consider:
Give me a brief description of Avalanche Token's Cryptocurrency trading market charts based on your information, in a short paragraph, make it professional yet concise, polish the languagets.
Metric | Description |
Price (USD) | Current price of one AVAX token in US dollars. |
24-Hour Trading Volume (USD) | Total value of AVAX tokens traded in the past 24 hours, denominated in USD. |
Market Capitalization (USD) | Total market value of all circulating AVAX tokens, calculated by multiplying the current price by circulating supply. (Note: This value may not be available on all platforms) |
Circulating Supply | Number of AVAX tokens currently in circulation. |
Max Supply | Total number of AVAX tokens that will ever be created. |
7-Day High | Highest price of AVAX in the past 7 days. |
7-Day Low | 7-Day Low |
The market capitalization (market cap) of Avalanche (AVAX) refers to the total market value of all circulating AVAX tokens. It's calculated by multiplying the current price per AVAX token by the circulating supply. You can find this information on various cryptocurrency market data websites. As of today, July 18th, 2024, the specific market cap for AVAX can vary depending on the source,
There isn't any official confirmation regarding current Avalanche (AVAX) airdrops. While some sources might mention past airdrop events, be cautious of unsolicited airdrop offers, as they could be scams. For legitimate opportunities to earn cryptocurrency, follow Avalanche's official channels like their website or social media for announcements about potential future airdrops or token earning programs.
Tax treatment for Avalanche (AVAX) depends on your location. Generally, most countries classify cryptocurrency like property for tax purposes. Holding AVAX likely wouldn't incur taxes, but selling, trading, or using it for purchases could trigger capital gains taxes. The tax rate depends on your jurisdiction and how long you held the AVAX (short-term vs. long-term). It's always advisable to consult a tax professional for personalized guidance on your specific situation.
The security of your Avalanche (AVAX) holdings depends on the type of wallet you use. Here's a brief overview:
Avalanche (AVAX) itself doesn't have a dedicated login system like a traditional bank account. AVAX exists on the Avalanche blockchain, a decentralized network, so there's no single point of access. You'll need a cryptocurrency wallet that stores your private keys, which grant access to your AVAX on the blockchain. You'll interact with the tokens through your chosen wallet or a platform that integrates with your wallet for buying, selling, or transferring AVAX.
Avalanche (AVAX) cannot be directly purchased with traditional methods like credit cards or ATM machines. To acquire AVAX, you'll need to use a cryptocurrency exchange or peer-to-peer platform that supports it. These platforms typically accept bank transfers, debit card deposits, or holdings of other established cryptocurrencies like USD Coin (USDC) or Tether (USDT). Before buying AVAX, explore different exchange platforms to compare fees, supported payment methods, and overall user experience.
While Avalanche (AVAX) itself can't be directly purchased with USD or USDT online, you can follow these steps:
Buying Avalanche (AVAX) directly with a credit card isn't universally supported on cryptocurrency exchanges. While some platforms allow it, these transactions often come with high fees and may violate your credit card issuer's terms of service. It's recommended to check the exchange's policy and fees before attempting a credit card purchase. Consider alternative methods like debit cards or bank transfers, which are generally more accepted and incur lower fees.
Currently, Avalanche (AVAX) cannot be directly purchased through cryptocurrency ATMs. These ATMs typically deal with traditional government-issued currencies and lack the infrastructure to handle specific cryptocurrencies like AVAX.
Buying Avalanche (AVAX) with loans or financing is generally not recommended. Most reputable cryptocurrency exchanges and platforms specifically prohibit using borrowed funds to purchase crypto due to its inherent volatility. The value of your investment could plummet, leaving you with debt and potentially worthless tokens. It's advisable to only invest in AVAX with funds you can afford to lose.
Avalanche (AVAX) itself doesn't currently offer a built-in system for receiving monthly payments in tokens. However, there are a few possibilities:
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