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Market cap: —
Overview
Avalanche (AVAX) is a smart-contract platform (layer 1) project launched in 2020, using a Proof of Stake (Avalanche) consensus mechanism with a maximum supply of 720M. Like all cryptocurrencies, it is an extremely volatile asset with no guarantees: only allocate money you could afford to lose entirely.
Full factsheet
- Category
- L1 platforms
- Launched
- 2020
- Consensus
- Proof of Stake (Avalanche)
- Max supply
- 720M
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Coinbase
Publicly listed exchange (Nasdaq), easy to get started with.
Frequently asked questions
When was Avalanche launched?+
Avalanche (AVAX) launched in 2020. You can check its full price and development history on its official site and on CoinGecko.
How does Avalanche's consensus work?+
Its network uses Proof of Stake (Avalanche), with a maximum supply of 720M. This determines how transactions are validated and how its supply evolves over time.
Is Avalanche a good long-term investment?+
Nobody can guarantee that: cryptocurrencies are highly volatile assets. If you decide to invest, contributing a fixed amount every month (DCA) tends to smooth out the risk compared to trying to time the market.
Where can I safely buy Avalanche?+
Through a regulated exchange with enough volume. Compare fees and, for larger amounts, consider withdrawing your funds to your own wallet instead of leaving them on the exchange.
Head-to-head comparisons
Other cryptocurrencies in this category
Market data from the public CoinGecko API; technical profiles are indicative. Nothing on this page is financial advice: cryptocurrencies are extremely high-risk assets with no guarantees.