- You can now start depositing AVAX in preparation for trading
- Withdrawals will be enabled once trading is live
What is Avalanche (AVAX)?
Avalanche is a smart contract platform designed by Ava Labs used for creating custom blockchain networks and decentralized applications (dApps). The native AVAX token is Avalanche’s unit of account and is a fixed-supply utility token used for paying transaction fees and for staking in Avalanche’s consensus process.
Read our blog to learn All About Avalanche (AVAX).
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