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InsightsAnnouncements

Avalanche Launching at LCX Exchange

by LCX Team · August 1, 2022

We are thrilled to announce the listing of Avalanche (AVAX). Starting today, LCX Exchange will support the AVAX Token. Deposits are now being accepted. Trading will start from 2nd August 2022 with trading pairs AVAX/EUR, AVAX/LCX and AVAX/USDC.

Start Trading $AVAX
Launch LCX Exchange

AVAX is Avalanche’s native token. It is a limited, hard-capped asset utilized to pay fees, protect the platform via staking, and serve as a unit of account between the numerous subnets established on Avalanche. AVAX users control the rate at which new tokens are created. By voting to set the amount of AVAX that is rewarded for introducing a new block to the Avalanche blockchain, AVAX holders can influence the rate of new coin creation. LCX is launching AVAX token on type C-Chain. 

Customers can sign up for a LCX account here to deposit $AVAX today.

Deposits:

Starting from today,1st August 2022, customers will be able to transfer $AVAX into their LCX account. Customers will be able to transfer this to their LCX Exchange wallet or place trading orders when the trading starts.

Trading Pairs:

AVAX/EUR starting on 2nd August 2022

AVAX/LCX starting on 2nd August 2022

AVAX/USDC starting on 2nd August 2022

How to deposit Avalanche (AVAX)?

  • Go to LCX Accounts > Wallet
  • Scroll down to $AVAX
  • Click on the “Deposit” tab next to $AVAX. Your deposit address will be displayed on the screen.
  • Send $AVAX to this address.

Important Note: Trading cryptocurrency is complex and comes with a high risk of losing money.  You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product.

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LCX AG, established in 2018, is a registered company in the Principality of Liechtenstein with registration number FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider. Trading digital assets such as Bitcoin involves significant risks. LCX does not provide services to persons in the United Kingdom or the United States, and this website is not directed at UK or US persons (Jurisdiction Notice).

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