Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.
none AVAX de Avalanche in their respective commercial services.
Kraken adds support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for trading withAVAX
The U.S.-based international exchange,Kraken, today informed all its customers that as of next week they will formally begin trading with the token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system.AVAX deAvalanche, which now becomes part of their currencies enabled for buy/sell orders.
La noticia la hizo la misma Kraken through its official blog, where it indicated that commercial operations will officially begin next Tuesday, December 21, although from today users can start depositing funds.AVAX in their respective accounts.
As an added bonus, theKraken indicated that the deposits will take an estimated 20 confirmations a cryptocurrency transaction is considered confirmed when it is included in a block on the blockchain. Each new block after the first one is an additional confirmation for that transaction. inBlockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. viaC-Chain, which is estimated to take approximately one minute. Once available for trading, you will be able to buy and sell AVAX for both US Dollars (USD) and Euros (EUR).
In addition to the above, operations withAVAX will be available both throughKraken as inKraken Terminal. However, futures a futures contract is a standardized legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future. and leveraged trading are not included at the moment and will be enabled at a later date.
BitGo also incorporates support forAVAX
On the other side we haveBitGo, one of the most reputable cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. custodian a custodian is responsible for safely holding assets for an institution or individual for a variety of purposes. firms today, which also indicated that it will support the tokensAVAX deAvalanche in its digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. storage and safekeeping services.
In this regard, the president ofAVA Labs, John Wu, comentó:
“BitGo is not only reliable and allows us to provide more access to our native tokens on Avalanche, but given Avalanche’s business momentum and institutional support, this really is a powerful company to partner with.”
According to representatives ofBitGo, the measure will also be effective for all customers who operate with the services ofBitGo, so they will also be able to offerAVAX to its users as is the case with exchanges.Bitstamp yBitbuy.
In that sense, the CEO ofBitGo, Mike Belshe, indicated that the decision was supported by the growing adoption and rising price ofAVAX seen throughout this year, so it was a natural step for them, which in turn would be positive for all customers:
“Institutional investors can now access AVAX within the most secure custody custody is a financial institution's legal capacity to keep and preserve financial assets for its clients to avoid asset theft or loss. offering in the market an area or arena, online or offline, in which commercial dealings are conducted. and tens of millions of retail users have the potential to gain secure access through exchanges and platforms powered by our technology.”
RegardingBitstamp yBitbuy, these exchanges plan to incorporateAVAX from the beginning of 2022 throughBitGo.
Avalanche space opens up
noneAvalanche, as the project has been implementing measures and promoting programs precisely to incentivize the adoption of both its tokenAVAX how its technology is used in different use cases.
RecentlyBank of America published a report which highlighted the scalability and security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. offered by the protocol. Blockchain de Avalanche, as an important competitor in the face of what is to come. Ethereum a decentralized open-source blockchain with smart contracts functionality. offers. It is also worth noting that FTX CEO Sam Bankman-Fried indicated that both the network a network refers to all nodes in the operation of a blockchain at any given moment in time. andSolana sounded very promising for the future.
Let’s keep in mind that Avalanche has been gaining a lot of momentum in the digital currencies sector precisely because of the scalability of its network, almost instantaneous transfers and very low cost operations, which goes hand in hand with the ecosystems of the digital currencies.DeFi a movement encouraging alternatives to traditional, centralized forms of financial services. yNFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. where a large number of transactions take place.
- Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. hovers around USD $49,000 as Avalanche and other currencies post notable gains gains refer to an increase in value or profit. on Dec. 16
- Avalanche integrates USDC stablecoin a cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency. in a further boost for DeFi
- FTX CEO Sam Bankman-Fried notes that Solana and Avalanche could have a good future in the crypto space
Version by Angel Di Matteo /DiarioBitcoin