Avalanche Coin (AVAX) is a popular cryptocurrency for traders who want to take advantage of the high volatility in the crypto markets. AVAXUSD is one of the most heavily traded pairs, and it provides traders with an opportunity to capitalize on price movements between Avalanche Coin and the US Dollar. As a result, savvy traders can capitalize on arbitrage opportunities between exchanges to generate profits.
The high liquidity of AVAXUSD makes it an ideal option for traders who want quick, reliable positions with minimal slippage. With the right trading strategy, traders can take advantage of this volatile asset and make lucrative returns.
The price of Avalanche (AVAXUSD) has had quite a rollercoaster ride in the past 5 years. On December 20th, 2020, it hit its lowest point of 2.79$. But just over a year later on November 14th, 2021, it reached its peak of 125.77$! Now, as of May 2023, it's trading for around 15$. If you're looking for a potentially profitable investment, AVAX Coin could be worth keeping an eye on.
Investing in Avax Coin could be a lucrative choice; its volatile history makes it an interesting asset to watch and trade on. With careful monitoring and risk management, investors may have the potential to maximize returns from this digital asset.
Apart from AVAXUSD, there are several other crypto assets that traders may want to explore when considering trading Avax Coin. These include Waves and Polkadot (DOT). Both of these coins offer unique advantages in terms of their transaction speed, scalability, interoperability, and security – making them great choices for those looking to diversify their portfolio.
Furthermore, Avalanche trades on multiple exchanges around the world, providing investors with access to a range of markets and liquidity options.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying crypto asset.