Is AVAX a token?

Is Avalanche a cryptocurrency?

26 March 2022 Enpatika.com Genel

What is Avalanche crypto used for? The native token AVAX is a utility token . AVAX serves as the Avalanche ecosystem’s medium of exchange. In other words, the token is used as currency within the network, typically for fee collection in transactions, incentives and many other use cases.12 Şub 2022

26 March 2022 Enpatika.com Genel

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.