Avalanche's listing on Bitpanda is marked by a trading contest!
Avalanche, a new token backed by leading investors and built on a novel approach to consensus, is now available for trading on Bitpanda. This exciting development comes with an AVAX trading competition, offering several prizes to participants.
The competition, starting at 12:00 PM CET on the 10th of February, 2021, and ending at 11:59 AM CET on the 17th of February, 2021, invites traders of all levels to join. Avalanche was founded by Cornell University computer scientists Emin Gün Sirer, Kevin Sekniqi, and Ted Yin, and its development is led by Ava Labs, with a community of open source developers supporting and expanding its utility.
The trader ranked in first place with the highest total amount of AVAX purchased will receive €1,000 in AVAX as a prize. As an added bonus, 25 randomly selected traders will receive €200 worth of Bitcoin (BTC) each. The traders ranked 2nd to 5th place will each receive €500 in AVAX, while those ranked 6th to 10th will each receive €400 in AVAX.
It's important to note that the bonus prize is open to traders who are not residents of the Republic of Turkey, who are BEST VIP level 1 and above, and who trade any amount of AVAX. Winners will be randomly selected and credited within one week to their Bitpanda AVAX wallets.
Avalanche is financially supported by investors such as Polychain Capital, Three Arrows Capital, and Dragonfly Capital, while the project raised approximately $42 million during its initial public sale. The native token of the Avalanche project, AVAX, is used for paying fees, securing the network through staking, and providing a basic account unit between subnetworks.
Avalanche finalizes transactions instantly and has fees that are a fraction of those on Ethereum, making it an attractive option for traders. The project is also backed by leading investors, including Andreessen Horowitz, Initialized Capital, Galaxy Digital, and notable figures such as Naval Ravikant and Balaji Srinivasan.
So, if you're ready to dive into the world of Avalanche and potentially win some exciting prizes, head over to Bitpanda and start trading AVAX today! The competition runs from the 10th to the 17th of February, 2021. Happy trading!
