Avalanche (AVAX) Listed on Bitpanda
AVAX trading competition now active on Bitpanda’s digital assets platform
We’re excited to share that the Avalanche (AVAX) token is now available for trading on Bitpanda. Bitpanda users can now swap over 50 digital assets for AVAX, or use any of the five fiat currencies supported on its platform — USD, EUR, GBP, CHF, and TRY — to fund their activities.
Bitpanda is a digital assets platform founded in 2014 and based in Vienna, Austria. The company closed Europe’s largest Series A investment of 2020, securing $52M in a round led by Peter Thiel’s Valar Ventures. The large-scale investment will be used to drive Bitpanda’s expansion, build on its 1.7 million users and position them as a leader in transforming Europe’s financial industry. Bitpanda is also offering a contest for users trading AVAX.
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.
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first smart contracts platform that processes 4,500+ transactions/second and instantly confirms transactions. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.