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FAQ
Frequently asked questions
The market price of AVAX may be impacted by a wide range of factors, such as project news and developments, the movement of assets on exchanges, public opinion, and new economic trends in the larger crypto and global economies. AVAX is a scarce asset like Bitcoin because its maximum permitted supply of tokens is capped at 720 million. Also, AVAX is used to pay transaction fees on the network, meaning there is further demand from dApps built on Avalanche and their users. As the ecosystem develops and more users join it, this demand ought to rise. Therefore, the cost of AVAX might increase as more projects deploy on Avalanche.
Some of the main advantages of using Credit Card as your initial method of cryptocurrency payments would be; fast deposit and withdrawal, high security, practicality, and ease of use.
Emin Gun Sirer is the founder of Avalanche, and the creator of the first digital currency using the proof-of-work consensus algorithm called Karma in 2003. He is a professor of computer science at Cornell University in America, and a group of researchers from this university are the central developers of the Avalanche network.
It may. When you use Credit Card, your creditor company may charge their own processing fee. Some exchanges might also add a credit card processing fee, but there are no buying and trading fees on our exchange.
Avalanche uses deflationary policy. The network gathers fees from a variety of actions and then sends these coins to be burned. The quantity of AVAX in circulation is decreased by burning these tokens.
No. Credit Card is not a platform for trading crypto tokens. It is however a payment service integrated by our exchange so that our users can easily buy Bitcoin, Ethereum, stable coins, or other forms of cryptocurrencies.
