Avalanche (AVAX) Listed on Coinbase Pro
AVAX now available on leading cryptocurrency venue
Starting Today, Wednesday September 29, Coinbase Pro will begin accepting inbound transfers of the Avalanche Token (AVAX), increasing the accessibility of the Avalanche public blockchain to a broader set of users, including those in the U.S.
The markets will go live on or after 9AM Pacific Time (PT) Thursday September 30, once sufficient supply of AVAX is established on the platform across AVAX-USD, AVAX-USDT and AVAX-EUR. Order books will launch in three phases, post-only, limit-only and full trading.
If at any point one of the new order books does not meet Coinbase Pro’s assessment for a healthy and orderly market, Coinbase Pro may keep the book in one state for a longer period of time or suspend trading as per its Rules.
Should individuals in eligible jurisdictions be interested in accessing AVAX on Coinbase Pro, they can now transfer tokens directly between their Coinbase Pro Account and the DeFi ecosystem on Avalanche’s C-Chain.
AVAX is the native token of Avalanche. It’s a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche.
This news follows the launch of Avalanche Rush, the largest DeFi incentive program in history. Avalanche Rush intends to bring more assets and applications to the rapidly growing DeFi ecosystem on Avalanche. The program has launched with blue-chip DeFi applications like Aave, Curve, Sushi, and Stake DAO, and cornerstone applications native to Avalanche like Pangolin, BENQi, and Avalaunch.
For more information on Coinbase Pro and the listing, please visit its website.
About Avalanche
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try an app on Avalanche today.
Avalanche (AVAX) Listed on Coinbase Pro was originally published in Avalanche on Medium, where people are continuing the conversation by highlighting and responding to this story.
