In a major announcement, the Liechtenstein Cryptoasset Exchange has announced that the AVAX Token is now available to be traded on the LCX Exchange. This is a major move by one of the leading European Exchanges.
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 to deposit $AVAX today.
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.
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.
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