Avalanche (AVAX): what you need to knowAvalanche (AVAX): what you need to know

Avalanche (AVAX) is an open-source, decentralized Layer-1 blockchain developed by Ava Labs and launched in September 2020. The architecture consists of three interconnected blockchains: the X-Chain (for creating and exchanging digital assets), the C-Chain (for EVM smart contracts), and the P-Chain (for coordinating validators and setting up Subnets).

Whitepaper: https://www.lcx.com/wp-content/uploads/Avalanche-AVAX-MiCA-Whitepaper-v-1.1-05_06_2025.docx.pdf

Avalanche uses the unique Avalanche Consensus mechanism, a Proof-of-Stake-based protocol that combines high speed and low finality through a probabilistic sampling approach (Snowflake, Snowball, Avalanche). Transaction finality is achieved in less than 2 seconds, while throughput can reach thousands of transactions per second. Subnets (subdivisions of the network) provide scalability and flexibility for more specific applications.

• Ticker: AVAX

• Category: Utility / Governance / Staking

• Blockchain: Avalanche Network (Layer 1, with X-Chain, C-Chain, P-Chain, Subnets)

• Protocol: Proof-of-Stake via Avalanche Consensus

• Launch date: September 2020

Avalanche supports EVM via the C-Chain, enabling compatibility with Ethereum-based dApps. The structure with three specialized chains combined with Subnets makes it scalable and adaptable for diverse applications – from DeFi to enterprise blockchains. Thanks to the Avalanche Consensus mechanism, decentralization, security, and speed are maintained in one design.

Avalanche supports a broad ecosystem with dApps, DeFi, NFTs, wallets, oracles, bridges, Subnets and hundreds of projects. Major names, such as Franklin Templeton and Grayscale Investments, show institutional interest. Since 2023, there has been a collaboration with AWS to expand infrastructure and the dApp ecosystem.

Avalanche was conceived and co-initiated by Emin Gün Sirer, Kevin Sekniqi, and Maofan "Ted" Yin from Cornell University. Sirer is now also founder of Ava Labs.

BTC Direct has been the European entry point to crypto since 2013. We make buying Avalanche straightforward, even if it is your first time:

• Trusted in Europe. BTC Direct is registered with the Dutch Central Bank (DNB) and operates under MiCA, the EU regulation for crypto.

• Familiar payment methods. Pay with iDEAL, Bancontact, Sofort, SEPA bank transfer, credit card, PayPal or Apple Pay. Your AVAX is on its way within minutes.

• Your coins, your control. We do not store your AVAX. After your purchase, your coins are sent straight to your own wallet address.

• Based in the Netherlands, serving all of Europe. Our experts are based in the Netherlands and answer in your language across the SEPA zone. Need help? We are here.

• Start with a small amount. From just €30. The minimum depends on the coin.

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Please note: for more information about this crypto asset, consult the official whitepaper of the project at https://www.lcx.com/wp-content/uploads/Avalanche-AVAX-MiCA-Whitepaper-v-1.1-05_06_2025.docx.pdf.

Cryptocurrencies, including Avalanche (AVAX), are volatile and carry risks. The value of AVAX can fluctuate greatly and investments can lead to financial losses. Always do your own research and only invest money that you are willing to lose.

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