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AVAX is now available to trade on the standard Coinbase platform, as well as Coinbase Pro.
Avalanche is now available to trade on Coinbase and its Android and iOS mobile apps. Users can from today trade, send, receive and store AVAX on the standard Coinbase platform, according to an announcement from the exchange.
Avalanche (listed as AVAX) was already available on Coinbase Pro as of yesterday, the exchange’s “professional” trading platform. The price of AVAX popped 6% yesterday, though it's only up a modest 2.6% today.
The cryptocurrency is the twelfth-most valuable digital asset, with a market cap of over $14 billion. Like Solana and other next-gen blockchain platforms, Avalanche is often billed as an “Ethereum killer,” meaning it aims to compete with Ethereum, the network behind the second-biggest crypto by market cap.
Avalanche is an open-source platform that, similar to Ethereum, is for developers who want to build things like decentralized apps or multi-functional blockchains. It claims to be quicker, cheaper and more secure than Ethereum.
Ethereum competitors are springing up as of late to offer alternatives to one of the oldest cryptocurrency projects as it grapples with a congested network and high transaction fees.
Source:decrypt.co
| Coin | Change(%) | Price | Volume (24h) |
|---|---|---|---|
| Bitcoin (BTC) | 3.71 | $72,084.86 | $45.5B |
| Ethereum (ETH) | 3.43 | $4,038.91 | $20.8B |
| XRP (XRP) | 18.52 | $0.727106 | $4.4B |
| Solana (SOL) | 1.58 | $147.242060 | $3.8B |
| Binance Coin (BNB) | -2.22 | $519.52 | $3.0B |
| USD Coin (USDC) | 0.03 | $0.999697 | $2.4B |
| Dogecoin (DOGE) | 0.96 | $0.174374 | $2.1B |
| Shiba Inu (SHIB) | -2.92 | $0.000033 | $1.7B |
| Floki Inu (FLOKI) | -7.67 | $0.000267 | $1.3B |
| Avalanche (AVAX) | 13.16 | $47.596296 | $1.2B |
