AVAX

Denagam

BTC 120k SOL 450 AVAX 180 FTM 4 MATIC 5 XRP 6

Wendysmanager24

That's why Im loaded up on AVAX instead

shadowmage666

Sounds incredibly similar to AVAX, how is this any better? Avax is already established and does basically the same thing.

CointestMod

#Avalanche Con-Arguments Below is a Avalanche con-argument written by a deleted user. > Avalanche is a relatively-new (only 1.5 years old) multi-blockchain crypto project whose token, AVAX, shot up into the top 10 cryptocurrencies by market cap in just 1 year. It has since fallen a bit. > > I have a separate summary of [Avalanche here](https://np.reddit.com/r/MPlankton/comments/ukjt2e/avalanche_research_summary/) that discusses the platform in more detail. > > This post only lists the CONs > > ##CONs > > **Limits to scalability** > > * The Avalanche C-Chain is a monolithic blockchain with a TPS limit of about 900 TPS. This is an upper limit that depends on how heavily smart contracts are being used. This is way slower than Algorand, which can already do 1000 TPS with with their Layer 1 smart contracts and can theoretically scale to [50K TPS](https://www.algorand.com/120720-Algorand%202021%20Performance.pdf) with higher block sizes and block pipelining. > * In addition, Avalanche does not plan to have Layer 2 scaling, so it can't compete against multi-layer blockchains. Instead, it supports subnets, which are siloed, independent blockchains that require insecure bridges to connect with other subnets. > > **Low adoption and Usage** > > * Ethereum still has an immense lead as a smart contract blockchain. No matter how better-designed and efficient Avalanche is, it may never catch up to Ethereum in terms of adoption. In DeFi, Ethereum has 10x Avalanche's TVL [DeFi Llama](https://defillama.com/chain/Avalanche). > * The X-Chain, designed for non-smart contract transactions, only sees 5000 transactions per **day** despite being technically superior to its biggest UTXO-competitors, Bitcoin and Cardano. That's about 1 transaction every minute. **Avalanche is often quoted as a 4500 TPS network, but this network is an absolute ghost town that doesn't even get 0.001 transaction per second of actual activity.** > > **Weak wallet support** > > * The C-Chain is supported by several wallets and multiple CEXs, but there's very limited external support for the other built-in chains. > * The Avalanche Core wallet is still under development, so most users are stuck with the limited Avalanche Web Wallet. > > **Subnet downsides** > > * **Subnets are moderately expensive.** It's recommended that subnets run at least 5 validators, each of which needs to stake a minimum of 2000 AVAX (over $100K USD as of May 2022). So the minimum-recommended 5 validator setup will cost $500K USD, making it pretty expensive to start a subnet unless you're borrowing existing validators. I suppose larger platforms like DeFi Kingdoms should have no problems with this cost since they have tens of millions in TVL in their subnet. I expect most subnets to end up being extremely centralized. > * **Subnets are independent blockchains that don't inherit security or interoperability** Unlike Ethereum Layer 2 rollups, subnets don't inherit security from Avalanche's built-in network. And unlike Polkadot's XCM and Cosmos Hub's IBC, there are no communications interoperability between Avalache's subnets. They're each on their own island and need insecure bridges to reach each other and the primary network. Why not build on Polkadot or Cosmos Hub, which have way more interoperability? > * **Subnets are mostly pointless**: Aside from inheriting some Avalanche infrastructure and blockchain tools, there's negative economic incentive to build a subnet on Avalanche. If you're developing a subnet, you're paying Avalanche validators to secure their primary network while getting nothing useful in return. > > **Very poor tokenomics for investors over the next several decades** > > * In summary, the network is sustained by high inflation, which is how it keeps transaction fees low. > * **Low circulating supply**: The circulating supply is currently only about 40% of its market cap. The AVAX token has 10% annual inflation and **can dilute its supply by another 150%**. Validators are paid by staking rewards, and those staking rewards account for a HUGE amount of annual inflation. Before the end of the decade, staking rewards will account for over 50% of the total circulating supply. > * **Supply dilution**: The annual inflation isn't that bad, but Messario.io reveals that the [vesting schedule](https://messari.io/asset/avalanche/profile/launch-and-initial-token-distribution) is really bad for public investors. It's looking at a 30% increase in supply from a combination of inflation and vesting in 2022, followed by a 22% increase in 2023. > * **Transaction fees are burned, but the transactions fees are so low that the [burnt amount is unnoticeable](https://burnedavax.com/).** Burns are in the tens of millions of dollars while issuance is 100x greater in the billions of dollars. Compare this to Ethereum's burn, [which currently reduces issuance by nearly 60%](https://watchtheburn.com/). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find submissions for other topics.

CointestMod

#Avalanche Pro-Arguments Below is a Avalanche pro-argument written by ExchangeEnough7821. > AVAX Pros: (similar to my previous Avax post from the January round) > > What is Avalanche? > > Avalanche is a cryptocurrency that uses smart contracts in order to host a large number of blockchain projects. It is one of the many coins that potentially could rival Ethereum. The two main priorities and focuses of the AVAX project are the speed of transactions of this coin, and the scalability of this coin and its infrastructure. Finally, the avalanche is completely open source, so all users can add to or just look at the code that makes up AVAX. > > What are the pros of Avalanche? > > Most notably, Avalanche has a very quick transaction processing speed, So far, AVAX can handle 4,500 transactions per second, a large increase compared to Ethereum’s 15 per second - seemingly tiny in comparison. Therefore, Avalanche has a greater ability to scale large amounts – it can handle large demand and interaction that comes with a popular network. > > One of the things most valued by those using the AVAX blockchain and invested in the avalanche coin is the rewards given for processing AVAX transactions. This reward structure is so attractive particularly due to its low system requirements- only 4GB RAM and a 2GHz CPU are needed, making this reward structure accessible to everyone, in turn making the user base of AVAX larger. By rewarding participation, it encourages users to get involved with the avalanche network. > > Finally, Avalanche uses 3 compatible and interoperable blockchains that, when used together, can overcome issues faced by other blockchains. The first of these is the X-Chain, which is responsible for creating and exchanging the AVAX assets and of course coins. Secondly, there is the C-Chain (the contract chain) which is for hosting the decentralised applications and smart contracts. Finally, the P-Chain keeps track of active subnets, and easily creates new ones. When all of these are combined, the AVAX blockchain is well rounded and with few flaws. > > In conclusion, the main pros of the Avalanche network is its incredibly fast processing speed, rewards scheme and the interoperable blockchains that overcome issues faced by many other ones. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find submissions for other topics.

Wendysmanager24

AVAX just had a big jump they gonna crab for a little bit longer and then blast off

Crypto-Jim33

AVAX will start to pump sooner or later

Rooftop720

I would change the DOGE to AVAX.

Quixote0630

Yeah. You're probably right. Gaming and AI seem to be the popular narratives. LINK and AVAX are solid shouts. On the AI side, maybe AKT and TAO. As for meme coins, if that's your thing, I'd probably take my chances with PEPE or BONK over DOGE.

TyroneWallinson

AVAX will 10 times for sure

fuckoffgetmoney

In a bull market it is best to change with times. I have a bag of Filecoin that will probably do better in a better, newer storage coin, or gaming coin, or whatever. I am pretty sure Filecoin won't 10x, and if it does after I decided, that's my loss. I feel I know and watch my investments better than someone who 'knows the markets'. Yeah, BTC will double or triple, I think AVAX for example will 10x in the same time.

Wendysmanager24

My AVAX bags are loaded it's been crabbing for 2 weeks

fuckoffgetmoney

So I was looking at Discord and Telegram for AVAX, TIA, and some others. Seems to be no price talk and GIFs and hype allowed. I never did Twitter, now X? But where does the hype come from anymore?

Wendysmanager24

We have liftoff boys make me proud AVAX we love to see it

TyroneWallinson

I understand. I started building mine as well i have some lagging assets but i got a nice avg of SOL @20, INJ @ $6, etc. AVAX i bought a lil too early in the bull run it was still too high so my avg is $18 but all my coins are good and will do good in the bull run for sure. I have a lot of trust. Your bags are still very good link avg is crazy good. Your eth avg is not bad. Mine is $1500

Quantimatic

It’s a matter of timeframe and I’m speaking about that 5 asset portfolio overall. I started building it almost 2 years ago. Average on ETH is ~$1800, LINK ~ $7, AVAX ~$15, LTC ~$90, AMP ~ $.004. Overall, I’m barely above break-even on it. And I’m comparing it to how it would look if I had put it all into SOL, INJ, TIA, TRB instead. I did my research, but ultimately I made bad choices.

Wendysmanager24

AVAX did a 2x in 2 months

Quantimatic

My XRP / XLM / HBAR / XDC / QNT portfolio is significantly underperforming. My ETH / LINK / AVAX / LTC / AMP portfolio isn’t really doing any better. Hit me up for more terrible investment choices.

ComprehensiveRead161

AVAX is one of the most popular user friendly on-ramps to crypto currency use. It’s ATH was $147. Just seems like a no brainer

ComprehensiveRead161

Yeah, but I don’t even know what cosmos is and none of those other chains are as popular a name as AVAX. Doesn’t that kind of tell you something? And I’m probly not the only one.

ComprehensiveRead161

How could you ignore AVAX? Bad decision.

ComprehensiveRead161

PLAYA3ULL, BENQI, AVAX AVAX next blue chip to take the thrown back in the first wave of bull run. We’ve seen SOL to do it so far. Look for 3ULL and QI to come to prominence as AVAX regains layer 1 prominence.

MexicanStanOff

What makes you think that? I came here looking for AVAX in the comments but yours is the only comment supporting it in a long list.

Wendysmanager24

AVAX is my alt for this season

fuckoffgetmoney

Still stacking AVAX. Red Coin Gud!

Fletchskis

It is a thing, and can lead to some pretty 🔥tokenomics! For example, Defi Kingdoms updated their tokenomics when they left the Harmony chain! $Jewel used to have a supply of 500 mil with like 375 mil of it about to be unlocked in the middle of the bear market and kill the currency. Instead, they burnt the locked tokens, making the supply 125 mil and fully issued Plus, being the First and biggest AVAX subnet, they actually burn $Jewel as gas! As of today, 39.81 million $Jewel staked in Jeweler 2.83 million $Jewel has been burnt. Best part? Only at .13cents per $Jewel or a mkt cap of only 15mil makes DefiKingdoms a hidden gem! Remember, $jewel can only be bought through the DefiKingdoms DEX on DFK Chain (AVAX Subnet) or on the Klaytyn Network DefiKingdoms DEX

Wendysmanager24

AVAX is popping off boys we love to see it Decembers gonna be a good month

Wendysmanager24

my AVAX bags are ready for liftoff

smotpoker1201

AVAX wants to bust so bad

Wendysmanager24

He's talking about New years fireworks my man but AVAX is gonna be printing so much we can blast em off every day

WhiteLightWarrior

AVAX

fuckoffgetmoney

I think either AVAX or SOL will be prominent. I think one will rise and one will fall.

Fletchskis

It is a thing, and can lead to some pretty 🔥tokenomics! For example, Defi Kingdoms updated their tokenomics when they left the Harmony chain! $Jewel used to have a supply of 500 mil with like 375 mil of it about to be unlocked in the middle of the bear market and kill the currency. Instead, they burnt the locked tokens, *making the supply 125 mil and fully issued* Plus, being the First and biggest AVAX subnet, they actually burn $Jewel as gas! As of today, 39.81 million $Jewel staked in Jeweler 2.83 million $Jewel has been burnt. Best part? Only at .13cents per $Jewel or a mkt cap of only 15mil makes DefiKingdoms a hidden gem! Remember, $jewel can only be bought through the DefiKingdoms DEX on DFK Chain (AVAX Subnet) or on the Klaytyn Network DefiKingdoms DEX

4biddenpleasure

Me personally, I wouldn’t stick with Bitcoin or XRP. Diminishing returns not worth it. XRP might do alright. $LINK $AVAX $SOL $INJ would be my safe choices. I’d rather go “riskier” because in a bull market if Bitcoin does well so does the rest of crypto. If Bitcoin tanks, everything tanks. I Like narrative plays like gaming, easy to understand for normies. $3ULL $SHRAP $IMX $BCB(gambling), $WILD(meta/gaming) are my picks so far. Low caps, high risk, high reward. In it for the money.

igotquaids

Not sure about specifically lending BTC but I have been a liquidity provider for pools on a dex called Trader Joe for BTC/AVAX and ETH/AVAX pairs. Been doing it for about a year. Pool APR average over the year has been about 60% and farm APR has been about 20%. Farm APR is paid in an exchange token (JOE) but you can claim and swap if you like. Only downside is impermanent loss which is nearly impossible to avoid unless the price of both pairs move in tandem.

luisespueblo

Yeah I agree. I heard about so many "next big things" on 2021. At least, I managed to not-lose any money that time. Now I just want to stick to the alts that I know won't disappear overnight, even if they don't provide as much upside potential. Will have a look at SOL and AVAX (actually, they were some of my other options). Thanks!

Fair_Raccoon9333

AVAX ran more than SOL the last couple weeks and didn't have an army of bots on twitter and reddit promoting it.

ComprehensiveRead161

Like AVAX

ComprehensiveRead161

Btc, Solana had runs. AVAX is the logical next blue chip. Gaming tokens ripped before AVAX surprisingly

Wendysmanager24

AVAX is gonna rip it

Tip-Actual

AVAX better than SOL. More decentralized. Cardano I can't stand. Any solution that uses functional programming language like Haskell is for the birds.

ComprehensiveRead161

As we await AVAX gaining momentum, we can’t forget about AVAX ecosystem coins. QI is a real potential money maker people. Here’s some info: DEFI will always be a prominent narrative during a bull run. Benqi has a good $360M TVL currently. It’s the tried and true lending, borrowing, and liquid staking platform on AVAX. Benqi as a platform has great utility. It’s on one of the most popular, low fee networks. When AVAX goes on it’s run, people will be looking for ways to participate in the ecosystem. Benqi is a premier feature on the AVAX network. QI has only 8B max supply. Currently 4B. Benqi has many partnerships. QI is the native token on Benqi. Benqi is the Aside from just supplying QI for APY rewards on the Benqi DAPP, Vector, another protocol, is giving you xQI for your QI. They are taking that QI you gave them (in exchange for xQI) and staking it to generate veQI which is used to vote for their own nodes. This generates sAVAX. They share that sAVAX with you based upon the returns shown in their app, but they are subidizing the returns right now with VTX (native token on vector finance) since it takes time to accrue the veQI. Also, Ignite, another protocol, will be letting us run an AVAX node with only 10% of the value of an avax node in QI. All great stuff. Can’t argue that a lending and borrowing platform has important utility. We know there’s going to be DeFi enthusiasts. If this stuff sounds foreign to you, trust me, there’s a market for it in crypto. DeFi isn’t going anywhere. ATH was .40….should do well upcoming bull run. I predict 10x in short to midterm. Could go much higher in a bull run.

ComprehensiveRead161

Don’t forget about $35 AVAX (sniff sniff)👃❄️❄️❄️

millennial-snowflake

BTC, ETH, AVAX, LINK if it were me. Mostly into BTC

Wendysmanager24

AVAX, just bought 25k of it at the dip to 19.60 last night

CointestMod

#Avalanche Pro-Arguments Below is a Avalanche pro-argument written by cryotosensei. > > 1. Avalanche is a good layer-1 blockchain, which will offer an alternative to Ethereum mainnet and layer-2 solutions. Its less-than-2-seconds finality is superior to that of other blockchains. > 2. Avalanche makes possible the interoperability of blockchains as it allows for speedy transfers of Avalanche and Ethereum assets between blockchains. This is because of the availability of the Subnet-Ethereum Virtual Machine that lets developers create their own programmable EVM-compatible blockchain. > 3. Avalanche has a growing DeFi ecosystem. Last year, the Avalanche Foundation rolled out Avalanche Rush, a $180M liquidity mining incentive program and successfully wooed AAVE and Curve - two significant protocols - to launch on it. > 4. As such, Avalanche has attracted keen interest from both traditional institutional giants and crypto firms. Grayscale is considering it; Celsius allows investors to earn interest on it. FTX now accepts USDC in AVAX. Even 1inch network has expanded its limit order protocols to AVAX. > 5. Avalanche has goals that it is working steadily towards, which could inspire investor confidence. To solidify its niche in subnets, it has rolled out a dedicated Avalanche Multiverse program. DeFi Kingdoms is the first subnet to receive financial support through this program. Aside from subnets, it is funding creative projects through its Culture Catalyst Fund. A joint partnership with Web3 social media platform Op3n, this fund has decided on its first recipient, Grimes, who intend to launch an intergalactic children’s metaverse book on both platforms. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Avalanche) to find submissions for other topics.

ComprehensiveRead161

Ok so it’s DeFi it might get a little confusing. Benqi has many partnerships. Aside from just supplying QI for APY rewards on the DAPP, Vector is giving you xQI for your QI. They are taking that QI you gave them (in exchange for xQI) and staking it to generate veQI which is used to vote for their own nodes. This generates sAVAX. They share that sAVAX with you based upon the returns shown in their app, but they are subidizing the returns right now with VTX (native token on vector finance) since it takes time to accrue the veQI. Also, Ignite, another protocol, will be letting us run an AVAX node with only 10% of the value of an avax node in QI. All great stuff. Can’t argue that a lending and borrowing platform has important utility. We know there’s going to be DeFi enthusiasts. If this stuff sounds foreign to you, trust me, there’s a market for it in crypto. DeFi isn’t going anywhere. Keep in mind Benqi has a good $360M TVL currently. It’s the tried and true lending, borrowing, and liquid staking platform on AVAX. Benqi as a platform has great utility. It’s on one of the most popular, low fee networks. When AVAX goes on it’s run, people will be looking for ways to participate in the ecosystem. Benqi is a premier feature on the AVAX network. QI has only 8B max supply. Currently 4B.

ComprehensiveRead161

Don’t forget about Benqi, the prime lending and borrowing protocol on AVAX. QI has real utility. Ever heard of AAVE? Meet Benqi.

Noematasv

But the best ones I can tell you are erc. Biggest candidate is NXRA for me now. They will launch AVAX node something too, not really sure tho

Chineyo

Well I think Solana will do well for itself, but I’ll prefer to consider tokens in others chains like NXRA that’s on AVAX which is where most of the promising RWA projects are being built

ComprehensiveRead161

How could you not love AVAX man? It’s just soooo user friendly

Wendysmanager24

If AVAX drops to 19.50 I got 25k locked and loaded

ComprehensiveRead161

Selling AVAX. You bastards. Have you no respect???

Professional-Time-50

Make fun all you want. Most are not ready for 20-50% corrections. Its the norm in crypto not the exception but the price appreciation in last 60 days makes you forget that major dips are the norm. SOL, AVAX and many more are down already 20% but BTC has barely dipped. Imagine the prices of Alts if BTC takes another very reasonable 10-20% correction from here. Where do you think a price of SOL or AVAX and others would end up in a short term. This get in now or you'll never will attitude will change pretty quickly when that happens and that is a very positive, overall bullish scenario I'm taking about, involving a simple dip in price and most aren't ready for it.

ComprehensiveRead161

How about your thoughts on AVAX?

Professional-Time-50

First of all I would not invest all my money but maybe half. So just in case this is not a bull market yet, you got something for later. Stick with the major players. Look at what Grayscale and BlackRock are considering for their funds. BTC, ETH, Matic, SOL, ADA, DOT, ATOM, AVAX, XRP. IF they are getting attention from big institutions they will be in focus next bull run and in line for future ETFs. Rest is a bigger risk that could or could not pay out so put less funds it in. Not an advise just some logical rational.

thelaboredclerk

AVAX to earn stake and earn more AVAX & Subnet staking rewards. The best games and app chains are building on Avalanche

Leather_Emergency571

Surely diversification is apreciated! I guess I'd go for something similar, but would increase the allocation on BTC and ETH slightly, and I'd swap Cardano for Arbitrum. With the $2k spare, I guess I'd go like $1000 into DIA (small cap oracle) and if listed already $1000 into ADE (small cap RWA telecommunication tokenization) $2500 BTC $2500 ETH $1000 ARB $1000 LINK $1000 AVAX $1000 DIA $1000 ADE

millennial-snowflake

Yeah I second this. AVAX is a great pick for 10x. But LINK is a close second for me.

Olskoolah

AVAX. Crushing two biggest narratives in crypto rn. Gaming and real world assets. Not to say others won’t do as well but it’s just one I keep up on and bought at $9

Tlux0

I hold almost no BTC or ETH and I have no money on Ethereum, so the answer to your first question follows. There's one ecosystem I'm mainly interested in. My point is just that if you're trying to research and look into good crypto projects, shilling something with an FDV of nearly 6 billion and and a market cap of approximately $1.5 billion for a relatively new entrant is... well, yeah I'm not going to invest in it lol. Aside from a few entrenched projects like maybe BTC, ETH, SOL, AVAX, and maybe Stellar or Ripple (none of which I am invested in)---most valuations of over a billion before the bull run even starts are totally out of touch with reality. Does Bittensor hold value as a network based on what you outlined in the second paragraph? Maybe. That could be interesting. But TAO itself? Right now? No way. It sounds about as overvalued as Injective which is similarly laughably priced. The main reason TAO has seen this sort of insane growth for an almost empty network with very few products (for now) is that chat GPT is taking the world by storm atm and the AI narrative is super hot. But unless it being web 3 factors in, in a meaningful way that makes it a better competitor to web 2 alternatives, then it will just be a speculative mechanism for people to gamble with their funds like much of crypto atm. There are good projects out there which aren't that. But they are few.

TyroneWallinson

AVAX is a $150 coin and will definitely beat its ATH

millennial-snowflake

I'd go with 8k on ETH and 2k AVAX. Assuming you already have BTC, which if you don't you should

hiredgoon

I like AVAX but ETH isn't going away just because AVAX does well.

hiredgoon

AVAX is the more ballsy play. I like ETH a lot too.

hiredgoon

AVAX looks ready for takeoff again if there is any kind of market pump.

tika_dengu

AVAX

dcastro51

Should i put 10k on ETH or AVAX on the next dip?

RatherCynical

Technology means nothing when network effects are king. SOL is VC money backed, so it has the network effects of ETH. Whatever FTX dumps will be gobbled up by everyone else. It certainly doesn't fail in terms of TVL or developers or dApps. ETH L2s cannibalise upon each other. I like KDA/TON/NEAR/AVAX.

ComprehensiveRead161

QI is easy .10 in 2024 probably more though, probably more. Benqi is the prime lending, borrowing, liquid staking platform on AVAX. QI has good utility. I’m very excited for the future.

Abject-Government-13

Not a fan of ADA, but would check out LINK and AVAX. They seem solid with solid prospects.

Wendysmanager24

AVAX

Kamikaza731

Inter-Blockchain Communication or short IBC could make big changes. IBC is a blockchain interoperability protocol that enables secure and permissionless transfer of data. What this means is a trustless bridging protocol where you can transfer assets and data across different blockchains. Ibc was originally only available on cosmos-based blockchains but it has expanded beyond the cosmos. IBC connection is now available between Polkadot and Cosmos but there is a lot of work on making connections to ETH and SOL. For this connection multiple projects are working on this: Composable Finance, Union, Electron Labs, Polymer Labs There is also been implementation of bitcoin security on PoS blockchains but it is still being worked at. Babylon is the name of the blockchain. Landslide will connect AVAX and cosmos-based chains. Toki Finance will connect BSC with ETH with IBC then they will later connect to the cosmos. These projects have more functions than just bridging but I just mentioned the IBC connection and have not gone into much detail. So you should research everything mentioned if interested.

TertlFace

After reading all of your responses you are absolutely going to lose your money if you don’t STOP and learn the basics about how crypto works. You have a whole bunch of fundamental misunderstandings. A better word for “wallet” is “keychain.” It does not store your funds. It stores the *access* to your funds (your private key). Funds are on the blockchain, not the wallet. The wallet looks at the chain. Gas fees are a function of the chain, not the wallet. BTC has to be sent on the BTC chain and the fees to do so are a function of how busy the chain is. You pay ETH gas to move any erc20 token on ETH. You pay AVAX gas to move funds on Avalanche. You pay MATIC gas to move funds on Polygon. MetaMask can interact with many chains. By default it only has the ETH layer 1. But you can add BNB, Polygon, Arbitrum, Avalanche, etc. Adding the RPC to your MetaMask allows you to use those chains. It does facilitate sending ETH on the BRC network. To move a token from its native chain to another, it must be bridged. A bridge locks up assets on one chain and gives you a wrapped version on the new chain (eg BTC on the bitcoin network to WBTC on Ethereum). Tokens MUST be sent on their native chain. If you try to send ETH to a BTC address without bridging, it’s gone forever. Did you catch that part? This is why you are at high risk of losing your funds right now. Based on your responses, you are trying very hard to do something that will burn those tokens for good. Stop. Learn about the differences between wallets, chains, and tokens. Don’t try to send anything until you learn exactly what you want to do and how that is done. If you experiment the way you are going, you’re going to burn your assets.

ComprehensiveRead161

Check out Benqi protocol. On AVAX.

Wendysmanager24

My bag is half AVAX half BTC ready for this bull run next year let's go

tika_dengu

Just in time for the AVAX token unlock tomorrow

poginmydog

Stop shilling. It’s slower than AVAX C-Chain. Only faster chain that’s used widely is probably Solana.

millennial-snowflake

Man one alt of mine after another has been pumping lately. First SOL and LINK then AVAX now it's IMX's turn. You maxis here missed out on this little alt run (mini season?)

poginmydog

That’s not true. If AVAX is supported by the exchange, they’re usually the same withdrawal price and AVAX has extremely fast confirmation speeds.

Professional-Time-50

I'm not bearish, why you keep saying that I am. I simply have an opinion that there is short term pull back and trade accordingly to that opinion. I took profits on SOL and Matic over the weekend as I mentioned in my comments I would at $59 and 86 cents and bought more coins yesterday on the dip that I was hoping for at just over $52 SOL and 74c for Matic. I have more purchase orders to fill at even lower levels and who knows I might get it. You trade how ever you want to trade, I'm simply still accumulating and will continue to do so at discounts that I'm hoping for. Did I hit all my purchase orders? NO, some did not go down enough like AVAX but I have an opinion that we will still get down to those levels before the bull run is done. You want to make your decision just to spite me that is almost comical, but sure go a head.