What is Avalanche?


Avalanche Blockchain Summary

avalanche logo

Launch Year



Public blockchain

Native Cryptocurrency



Avalanche Consensus (Byzantine Fault Tolerant)

Avalanche distinguishes itself in the blockchain space by offering a unique solution to the blockchain trilemma. Its novel Avalanche consensus mechanism delivers blazing-fast transaction finality (often in seconds), remarkably high throughput (thousands of transactions per second), and impressive scalability without compromising decentralization. Avalanche is built to support a wide range of use cases, including decentralized finance (DeFi), enterprise applications, and the creation of custom blockchains. Its focus on speed, customizability, and interoperability positions Avalanche as a powerful player in the Web3 landscape.


Avalanche staking system

Staking rewards are determined by factors such as the amount staked, the validator’s performance, and the overall network participation rate. Avalanche provides flexibility for users with varying commitment levels to contribute to network security.

Avalanche offers two ways to participate in securing the network and earn rewards:

  • Validator Requirements

    Understand the technical and hardware requirements, and explore potential rewards for becoming an Avalanche validator.

  • Flexibility in Staking Periods

    Choose from different lock-up periods for your staked AVAX, providing flexibility for various investment strategies.


AVAX holders can participate in Avalanche’s governance by proposing and voting on changes to network parameters.

Coin Utility

Used for paying transaction fees, participating in staking, and as a unit of account within subnets (custom blockchains built on Avalanche).


A portion of all transaction fees are burned, permanently removing AVAX

AVAX has a maximum supply of 720 million tokens.


Avalanche Smart Contracts

Avalanche features a smart contract platform compatible with the Ethereum Virtual Machine (EVM), enabling developers to effortlessly port existing Ethereum-based dApps and benefit from Avalanche’s speed and scalability. It also supports the creation of custom smart contracts tailored to specific use cases.

Details about Avalanche smart contracts

  • Subnet Customization

    Create tailored blockchains with their own rules and smart contract functionality.

  • Ethereum Compatibility

    Deploy Ethereum Virtual Machine (EVM)-compatible smart contracts for flexibility and familiar tooling


Avalanche Wallet Options

Hodlezz app showcase

Avalanche Wallet (official)

Browser-based wallet with integrated dApp support.


Popular Ethereum wallet that can be configured for Avalanche.

Ledger and Trezor

Hardware wallets offering maximum security.


How to Buy Avalanche (AVAX): A Guide to the Best Exchanges

Ready to add Avalanche (AVAX) to your cryptocurrency holdings? Both centralized and decentralized exchanges offer paths to purchasing AVAX. Here’s a look at some of the top options to find where to buy Avalanche for your investment strategy.

Best CEXs to Buy AVAX

  • Binance

    Global exchange featuring high liquidity and a wide range of AVAX trading pairs.

  • Coinbase

    Popular and user-friendly exchange with AVAX trading.

  • Kraken

    Well-respected exchange offering a good selection of cryptocurrencies, including AVAX.

  • KuCoin

     Global exchange featuring several trading pairs for AVAX.

  • HTX/ Huobi Global

    Leading exchange with diverse crypto offerings, including AVAX.

  • Gate.io

    Established exchange with a variety of trading features and AVAX support.

Best DEXs to Buy AVAX

  • Trader Joe

    One of the most popular decentralized exchanges on the Avalanche network.

  • Pangolin

    Decentralized exchange on Avalanche offering liquidity pools and swapping features.

  • Lydia Finance

    An up-and-coming DEX with a focus on yield farming and staking in the Avalanche ecosystem.

Important Note: Always research and consider factors such as fees, security, supported fiat currencies, and regional availability before choosing an exchange. It’s recommended to compare multiple options to find the best way to buy AVAX that suits your specific needs.


How to track Avalanche assets?

Monitor and capitalize all your Avalanche assets from multiple sources with auto-synced data about coin prices, NFT floor prices, advanced analytics and custom asset based opportunities.

Hodlezz app portfolio data and features

7 easy steps to track and capitalize all your Avalanche assets

Open your crypto wallet app or web extension

Avalanche wallet instructions for Hodlezz APp
Avalanche wallet instructions for Hodlezz app

Select your Avalanche public wallet address and copy it

Open the Hodlezz mobile app and create a portfolio

Hodlezz app portfolio instructions
Hodlezz app coin display

Select the settings icon in your portfolio

Select [Add connector] from the menu

Hodlezz app Portfolio menu
Avalanche integration in Hodlezz app

Select [Avalanche] for any Avalanche compatible address

Choose a name for your connector and insert your public wallet address

Hodlezz app portfolio connector setup

Start tracking all your crypto assets now

Experience seamless management of your digital assets with Hodlezz: the premier app for real-time tracking and analytics of your cryptocurrencies and NFTs.