The American cryptocurrency exchange Gemini has provided support in incoming transfers to the native blockchain tokenа Avalanche (AVAX).
The listing will help to make Avalanche more accessible to a huge number of customers. On October 11, deposits were introduced, and the next day it should be possible to trade AVAX in pairs with stablecoins - USD, GBP, EUR, CAD, AUD, HKD and SG.
The AVAX coin is a scarce asset, used to pay off fees, secure the blockchain through staking. Also, this token is the unit of account for various Avalanche subnets.
Avalanche is considered to be one of the fastest platforms in the blockchain industry in terms of transaction processing, with the functionality of smart contracts. In addition, this network has the largest number of validators that ensure the security of the PoS protocol.