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Avalanche (AVAX) is the native cryptocurrency of the Avalanche network and platform. Avalanche can be defined as a common platform for decentralized finance applications, financial assets, trading, and other services. Aiming to be a global asset exchange, AvalancheX has also launched its own cryptocurrency, Avalanche Coin, in this context.
Leading cryptocurrency exchanges such as Binance, Huobi, OKEx, and HBTC are already supporting Avalanche and have launched a major staking program.
What is Avalanche (AVAX)?
The developers of Avalanche emphasize that Avalanche Coin is the first smart contract network capable of completing transactions in less than a second as a standard. Launched in September 2020, AVAX Coin currently has a unit price of $4.20. The total market value of AVAX Coin is seen to be $103 million.
AVAX, the 102nd largest cryptocurrency by total market value, has reached a trading volume of $31 million in the last 24 hours. The project, backed by Professor Emin Gün Sirer, has therefore reached a significant audience in Turkey. Especially when the staking process ends, AVAX could be talked about even more.
To buy AVAX, simply visit Binance.
Where to Buy AVAX Coin?
How exactly to buy AVAX Coin? Binance emerges as the most popular platform users will prefer in this regard. The liquidity and security offered by Binance also influence investors’ preference.
- To buy Avalanche Coin, first transfer USD balance to the exchange or buy a cryptocurrency that can be used instead. For this, first go to the main page of Binance, click on the “Buy Crypto” option in the upper left, and then click on the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to transact with, and mark Tether, i.e., USDT, in the Coin section.
- After buying USDT, again preview the “Buy-Sell” option in the upper left and click on the “Classic” tab.
- In the opened section, select the USDT tab from the upper right, type AVAX in the search button and select the AVAX /USDT pair that opens below.
- Then come to the middle “BUY AVAX” tab, enter the amount you want to buy.
- Enter the amount you want and complete the AVAX Coin purchase process by confirming the transaction.
