AVALANCHE (AVAXUSD)

Avalanche (AVAXUSD) is a decentralized platform that empowers users to create and trade custom blockchain assets. It boasts high scalability, security, and interoperability, making it an ideal choice for developers and businesses seeking to build decentralized applications. The platform employs a consensus mechanism called Avalanche, which enables high throughput and low latency transactions. Furthermore, Avalanche supports smart contracts and is Ethereum-compatible, allowing developers to effortlessly port their existing applications to the platform. The AVAX token serves as the native currency of the Avalanche platform and is utilized for transaction fees, staking, and governance. With its cutting-edge technology and expanding ecosystem, Avalanche is poised to emerge as a leading player in the decentralized finance (DeFi) arena.

Instrument specification for AVALANCHE (AVAXUSD)

Name AVAXUSD
Minimum order value 2
Description AVALANCHE
Maximum order value 300
Transaction Step 2
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-22:59, 23:05-24:00;friday 00:00-21:59;saturday 09:00-22:59, 23:05-24:00
Contract size / 1 lot Price * 1 USD
Deposit required 50%
Value of 1 pip 0.001
Financial leverage 2:1
Minimal step 0.001
Long swap (daily) -0.09672%
Short sale YES
Short swap (daily) -0.06994%
Distance SL and TP 0
3-day swap (date) 5

Historical spreads chart AVAXUSD

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