AVAX is used to secure the Avalanche blockchain and pay transaction fees across the network . Transaction fees and the rate of AVAX coin creation are determined using a governance model.
Read moreHow much is AVAX worth?
AVAX-USD – Avalanche USD Previous Close86.31Open86.31Day’s Range83.92 – 86.5952 Week Range9.34 – 146.22Start Date2020-07-13Avalanche USD (AVAX-USD) Price, Value, News & History finance.yahoo.com › quote › AVAX-USD
Read moreWhat token is AVAX?
AVAX is the primary token of the Avalanche network , though developers can issue their own tokens on its custom blockchains. The max supply of AVAX is 720 million tokens, half of which were created with the genesis block.
Read moreWhere do I buy AVAX?
You can buy AVAX on Coinbase . Avalanche is a decentralized platform that can be thought of as the “blockchain for blockchains.” The system operates on its own blockchain but has the capability of aggregating other cryptocurrencies and blockchain protocols onto its network.
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