Convert AVAX to TRY
1 AVAX = ₺405.91 Turkish Lira 1 TRY Turkish Lira = 0.00246361 AVAX
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AVAX/TRY Quote
The current value of 1 Avalanche is ₺405.91TRY. In other words, to buy 5 AVAX, you would spend ₺2,029.54TRY. Conversely, TRY₺1.000000 can be exchanged for 0.002464 AVAX, and TRY₺50.00 will convert to 0.123181 AVAX, excluding platform fees or miner fees.
About Avalanche
What Is Avalanche (AVAX)?
Avalanche (AVAX) is the native token of the Avalanche blockchain network, which launched in 2020. The network uses a proof-of-stake consensus algorithm called the Snowman Consensus Protocol to validate transactions. Designed to be fast, scalable, secure, and open-source, Avalanche enables developers to build and deploy decentralized applications efficiently. Its focus on speed and versatility sets it apart as a strong competitor to older platforms like Ethereum.
Avalanche History: From Inception to Growth
Avalanche was created by a team of developers in 2020, including Stephen Buttolph, Amani Moin, Kevin Sekniqi, and Emin Gün Sirer. Avalanche is intended to serve as a payment system and as a platform for creating decentralized applications.
The native token, AVAX, is capped at 720 million and is used for transaction fees, which are burned to reduce the supply and increase scarcity.
On Sept. 19, 2024, the total circulating supply of AVAX was 405.93 million. Its market cap was $10.67 billion, and its 24-hour trading volume was $478.71 million.
Understanding Avalanche’s Network Architecture
Avalanche calls itself a “network of networks” with three blockchains managing different functions:
- The Platform Chain (P-Chain): The chain that coordinates validators, manages the network’s staking mechanism, and allows users to create new L1s, which are groups of validators that work to achieve consensus.
- The Contract Chain (C-Chain): The chain that runs smart contracts.
- The Exchange Chain (X-Chain): The chain that allows users to create new assets and facilitates asset exchanges and cross-chain transfers.
How to buy Avalanche (AVAX)?
The easiest way to buy Avalanche (AVAX) is through a crypto exchange like BTCC. BTCC makes purchasing Bitcoin easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Avalanche (AVAX) purchase, register with BTCC today.
Exchange Table
AVAX to TRY values from Today at
TRY to AVAX values from Today at
Avalanche FAQs
How to trade AVAX/TRY futures on the BTCC platform?
Trading AVAX/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or AVAX into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the AVAX/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Can I trade AVAX with TRY?
Yes, absolutely. BTCC supports multiple methods to gain exposure to Avalanche(AVAX) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Avalanche directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the AVAX/TRY spot trading pair using market or limit orders, taking direct ownership of the AVAX.
Trade AVAX/TRY Futures: For more advanced strategies, you can trade AVAX/TRY perpetual or dated futures contracts. This allows you to speculate on Avalanche's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
How to convert AVAX to TRY?
To perform your AVAX to TRY conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the AVAX/TRY trading pair.
Input the specific amount of Avalanche you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
What is the best way to use AVAXTRY converter tool?
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the AVAX you want to convert in the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
What is AVAX/TRY exchange rate?
The AVAX/TRY exchange rate is the current market price at which 1 Avalanche(AVAX) can be exchanged for TRY. Put simply, it tells you how many TRY one Avalanche is worth at any given moment.
How much is 1 Avalanche in TRY?
Currently, one Avalanche is ₺405.91. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Avalanche (AVAX) in TRY is constantly changing. To see the live price, please check the market data section at the top of our platform or visit our AVAX to TRY converter.
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