AVAX exists on 3 different chains: on the X-Chain, where they can be traded, on the P-Chain, where they can be provided as a stake when validating the Primary Network, and on the C-Chain, where they can be used in smart contracts or to pay for gas. All 3 chains are validated and secured by the Primary Network.
Binance.US currently only supports AVAX deposits and withdrawals on C-Chain.
Learn more about Avalanche by reading their Platform Overview
Learn more about sending AVAX here: Transfer AVAX Between the X-chain and P-chain
Related Articles:
Follow us to stay up to date with Binance.US news and announcements:
Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.
Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.
Binance.US reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.