What is Avalunch? Avalanche (XAVA) is an altcoin originally led by Turkish Emin Gün Sirer and developed by Ava Labs. It was released in September 2020. Unlike many cryptocurrencies, XAVA Coin operates on a single subnet rather than blockchains.
What is Avalunch?
XAVA Coin is traded with its 4 different phased consensus. It is a highly reliable cryptocurrency. XAVA Coin is a project that can protect half of its platform against possible attacks. Investors can perform sake transactions with XAVA Coin. Avalanche is the native cryptocurrency of its platform.
The aim of the project is to create its own Slash-Sanowflake-Avalanche consensus and prevent the decisions to be taken on the network from being taken through a single vote. It aimed to make decisions over rounds rather than a single vote. In this consensus network decisions are made in rounds, not a single vote. Thus, XAVA Coin transactions take place with this method. This can ensure safety during the process. It also offers fast confirmation and low commission on transactions.
According to current data, the price of 1 XAVA Coin is 53.47 TL. XAVA Coin has gained 0.79% in the last 24 hours. According to the current exchange rate, it is equivalent to 3.65 dollars. According to the CoinMarketCap ranking, it is in the 3135th place in the crypto money markets. Also, the 24-hour trading volume of XAVA Coin is ₺16,412.204. While the circulating supply information is not available, the maximum max level supply is 100,000,000 XAVA Coins.
XAVA Coin advantages:
Users who store XAVA Coin in their wallets on the network have the advantage of earning XAVA Coins at the end of a certain maturity, thanks to staking. It also offers higher passive income opportunity despite many altcoins in the Crypto market.
Investors’ cross-border transfer and clearing transactions between wallets occur quickly. In addition, order confirmations are given to users in a short time in buy-sell transactions. Thanks to the advantageous investments it offers to its users, the risk of loss is reduced. The project collects very low commission fees from its investors in all kinds of transactions.
XAVA Coin disadvantages:
Investors must have network owned wallet to earn passive income through staking. The reason for this is that the Avalanche platform offers its advantages only to its users who trade on its own network. XAVA Coin is a non-mining cryptocurrency. Also, unlike some cryptocurrencies, other altcoins do not support it.
What is Avalunch? How to Get XAVA Coin?
- XAVA Coin is listed on exchanges such as Gate.io, KuCoin, DigiFinex, MEXC.
- First of all, enter any exchange platform where the above mentioned XAVA Coin is listed. Then enter the free account creation page.
- Create your account after entering the requested information.
- Complete the authentication process steps completely.
- After the account opening and verification process is completed, transfer money to your account from the deposit menu of the stock exchange with the method that is convenient for you.
- In the last step, enter the exchange tab where XAVA Coin is listed. You can easily have XAVA Coins at the current price or by entering the amount you want.
