{"id":309180,"date":"2021-11-03T22:10:34","date_gmt":"2021-11-04T02:10:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=309180"},"modified":"2021-12-02T12:25:28","modified_gmt":"2021-12-02T17:25:28","slug":"sell-avalanche","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/sell-cryptocurrency\/sell-avalanche","title":{"rendered":"How to Sell Avalanche (AVAX)\u00a0"},"content":{"rendered":"

AVAX came into the game as a substitute for the Ethereum blockchain. It offers decentralized asset trading, which is accessible by anyone but still secure. Avalanche provides a better handle on scalability issues than Ethereum. The network’s unique position suggests that it would remain in the market for a long time. Especially because Avalanche provide the fastest execution of smart contracts.<\/span><\/p>\n

Avalanche is an output of two prominent personalities. One of them is a computer scientist, Emin Gun Sirer. while the other is an associate professor. This project started in 2018. The idea was initially on a digital currency called Karma. This made the project one of the earliest conceptions of cryptocurrency. <\/span>The name metamorphosed into Avalanche after a paper titled ‘Snowflake to Avalanche’ was published. This surprising and increasing attention then also stimulated the creation of Ava Labs in June 2018. <\/span><\/p>\n

A lot of research went on for the next 2 years. Emin and his team decided to provide a revised edition of the ‘Snowflake to Avalanche’ paper. This came more as what is now known as a whitepaper. The development continued as there was a collaboration with Team Rocket. <\/span><\/p>\n

The increasing relevance of AVAX in the market stems from the bottlenecks that it eliminates. The Avalanche network proposes a system that would overcome the different cryptocurrency protocols and regulations. <\/span>An important element of the Avalanche system is the use of a proof-of-stake consensus algorithm. Beyond the increased speed of execution, there is also less energy consumption. <\/span><\/p>\n

Despite the utilization of the native consensus network, users can still develop dApps. <\/span>The network allows smaller ones by users provided they have the proper structure. <\/span>The Avalanche network constitutes multiple blockchains and can process over 4000 transactions per second. The Avalanche network combines consensus mechanisms. This combination ensures security and speed, thereby accruing more value to the AVAX token.<\/span><\/p>\n

The primary objective of the Avalanche network is to serve as a universal platform. The idea is to house operations involving different financial assets and activities. This system supports services like peer to peer lending, trading, and the creation of smaller networks.<\/span><\/p>\n

Also, to achieve the self-acclaimed term of ‘Internet of Money’, it is offering new opportunities for the developers of dApps on the blockchain. <\/span>As earlier established, AVAX has been attracting a great level of demand over the years. <\/span><\/p>\n

More so, not all of the tokens are moving around thereby providing more value to them. Only about 31% of the tokens are in circulation. This suggests that there is a chance that the value will rise due to the success of the Avalanche network. <\/span><\/p>\n

Here is a list of exchanges where you can sell AVAX. Note that these names are outputs of a comprehensive risk analysis of their platforms by industry experts. They make the process easier and more effective. What happens in an exchange cannot be reduced to buying and selling. They constitute several tools and features.<\/span><\/p>\n