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Avalanche Native Token AVAX Listed On FTX Japan

The AVAX markets on FTX Japan went live this week. The currency pairings AVAX/JPY and AVAX/USD and AVAX perpetual futures are now available to customers in Japan. AVAX, the native token of the Avalanche network, is raising awareness of Avalanche in a sizable worldwide market thanks to FTX Japan’s willingness to trade for it. https://twitter.com/avalancheavax/status/1568389584446451712

Avalanche — Secure Platform

AVAX is the Avalanche native token. It is an integral unit of account between the Avalanche Subnets and is a hard-capped, rare asset used to pay fees, secure the platform through staking, and pay for other costs. Avalanche is the blockchain industry’s swiftest platform for smart contracts in terms of time-to-finality. Of all Proof-of-Stake protocols, it also boasts the most significant number of validators protecting its activities. Avalanche is quick, cheap, and environmentally friendly. Any smart contract-enabled application can outperform its competitors by being deployed on Avalanche.

FTX Japan To Serve The Japanese Market

FTX Trading Ltd., an infamous regulated worldwide cryptocurrency exchange, opened FTX Japan in June to serve Japanese customers. Operated through FTX Japan K.K. («FTX Japan») is a Type 1 Financial Instruments Business license holder and a licensed supplier of crypto-asset exchange services in Japan. FTX Japan K.K., formerly known as Quoine Corporation, was given a new name after FTX purchased its parent firm, Liquid Group Inc., earlier this year. With the establishment of FTX Japan, FTX can now provide the Japanese crypto community products and services at the forefront of their industries, including spot trading and perpetual for various digital assets, including BTC, ETH, SOL, FTT, and others. Local consumers can quickly deposit and withdraw Japanese Yen using FTX Japan.

   

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