Could you please enlighten me on the total supply of AVAX coins? I've been hearing a lot about this cryptocurrency lately and am quite interested in understanding its scarcity and potential. Is there a fixed number of AVAX coins in circulation, or does it have an inflationary model? I'm also curious to know if there's a maximum supply cap set for AVAX. Your insights would be greatly appreciated.
6 answers
KatanaSharp
Wed May 15 2024
AVAX, a cryptocurrency, possesses a finite supply ceiling, set at a precise figure. This upper limit is deliberately designed to maintain scarcity and encourage investors to hold their tokens.
EtherWhale
Wed May 15 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a diverse range of services to its users. Among these are spot trading, allowing investors to buy and sell cryptocurrencies at current market prices.
Valentino
Wed May 15 2024
In addition to spot trading, BTCC also provides futures trading, which enables traders to speculate on the future prices of cryptocurrencies. This adds an extra layer of complexity and risk to trading but also offers potential for higher profits.
Martina
Wed May 15 2024
The maximum supply of AVAX tokens is fixed at .720,000,000. This number represents the total amount of tokens that will ever be created, ensuring a controlled and stable environment for traders and investors.
MysticRainbow
Wed May 15 2024
The concept of a maximum supply is crucial in the cryptocurrency world. It serves as a safeguard against inflation, as the limited supply prevents excessive printing of tokens, maintaining their value over time.