Avalanche (AVAX) is a blockchain platform designed to enable the creation and deployment of decentralized applications (dApps) and enterprise blockchain solutions. It was launched in September 2020 and is designed to offer high scalability, fast transaction processing, and low fees.
Avalanche operates on a consensus protocol called Avalanche-Consensus, which uses a novel approach to achieving consensus in a decentralized network. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. This approach is designed to be more efficient and scalable than traditional consensus mechanisms like proof-of-work (PoW) and proof-of-stake (PoS).
One of the key features of Avalanche is its ability to support multiple virtual machines (VMs) and programming languages. This means that developers can build dApps using the programming languages they are most familiar with, and they can also choose the VM that best suits their application's needs.
Where to buy AVAX Token
You can find AVAX Token here at CoinTR Exchange! We are listing AVAX/USDT, AVAX/TRY on Spot Market and support up to 50X AVAXUSDT Perpetual Futures!
What is the Price of AVAX
The price of the AVAX token is $16.85 per unit. It has a market cap of $5,506,568,546 and a fully diluted market cap of $12,134,758,587 . It also has a 24-hour trading volume of $142,929,993. You can check the live price of their token right here!
How to buy AVAX
Looking for a way to buy AVAX. You can purchase AVAX on CoinTR following the steps:
1. Log in your CoinTR account and click [Markets]. Click on [Spot].
2. Search “AVAX” using the search bar to see the available trading pairs. Take AVAX/USDT as an example,click [Trade].
3.Go to the [Spot] box. Enter the amount of AVAX you want to buy. You can choose from opening a Limit order or a Market order. Take Market order as an example. Click [Buy AVAX] to confirm your order. You will find the purchased AVAX in your Spot Wallet.
Disclaimer: The views, thoughts, and opinions expressed in the article shall not be considered as investment advice and do not reflect the position of CoinTR, please use it at your own risk.