Coinbase listed Avalanche and AVAX is now available for trading on the standard Coinbase and Coinbase Pro platforms, with the token seeing a slight increase in price after listing. So read more today in our latest altcoin news.
Avalanche is now available on Coinbase and its iOS and Android mobile apps, so users can start trading, sending and receiving funds on Coinbase’s standard platform, as announced by the exchange.
Avalanche is already available on Coinbase Pro and the price of the AVAX coin is up 6%, although it is only up slightly by 2.6% today.Cryptocurrency is still 12NS The most valuable crypto asset with a market cap of more than $ 14 billion and like Solana, other next-generation blockchain platforms like Avalanche are often viewed as ETH killers, which means they want to compete with Ethereum.
Avalanche is an open source platform for developers who want to create things like dapps or multifunctional blockchains, but much faster, cheaper and more secure than Ethereum. Ethereum’s competitors have emerged lately to offer alternatives to one of the oldest crypto projects as it struggles with a congested network and high transaction fees. So far so good, because Avalanche is very popular. The price has skyrocketed in the past few months, hitting an all-time high of $ 79 last week, but then fell 17% and was trading for $ 65 according to CoinGecko data.
Avalanche, along with Etheruem and Solana, has been badly hit in the past two days when the entire market collapsed. Coinbase’s announcement “didn’t appear to have affected the price of Avalanche, but the price rose after it was listed on Coinbase Pro. The exchange added in the announcement that it is working on listing more assets quickly as it added 29 cryptocurrencies in the first six months of the year.
AVAX will start within the next 15 minutes on https://t.co/bCG11KMQ6s and in iOS and Android apps. You may need to update your app to buy, sell, convert, send, receive, or save AVAX. We will update when everything is fully live. https://t.co/2klJShUUJF
– Coinbase (@coinbase) September 30, 2021
As recently reported, Avalanche has had one of the best weeks since its inception and the fundamentals of its AVEX token remain strong with more returns in the benchmark crypto space. Ava Labs CEO Emin Gun Sirer confirmed that the platform had around 1 million transactions on its smart contract blockchain and that this surge in transaction volume has occurred in the past two months, adding that Avalanche is now the first class of public goods.
DC Forecasts is a leader in many crypto news categories, always striving for the highest journalistic standards and adhering to strict editorial guidelines. If you would like to share your expertise or contribute to our news page, please contact us at [email protected]