AVAX (Avalanche)
Avalanche (AVAX) is a cryptocurrency underpinning a blockchain platform that supports smart contracts, decentralized applications (dApps), and custom blockchains. It aims for speed, scalability, security, and interoperability with other networks like Ethereum. AVAX is the native token of the Avalanche network, which includes three interoperable blockchains: X-Chain, C-Chain, and P-Chain, each with distinct functions and consensus mechanisms. The X-Chain handles asset creation and exchange, the C-Chain runs smart contracts, and the P-Chain coordinates validators and subnets. AVAX is utilized for transaction fees, network security, and governance participation, allowing holders to stake tokens for transaction validation, rewards, and voting on network updates and proposals.
Available cryptocurrency pairs
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