1 AVAX = ₺379.76 Turkish Lira 1 TRY Turkish Lira = 0.00263324 AVAX
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View ChartTo address the blockchain trilemma—the simultaneous achievement of scalability, security, and decentralization—Avalanche was developed as a high-performance blockchain platform. Ava Labs’ 2020 launch, Avalanche, presents itself as a cutting-edge platform for creating decentralized apps (dApps) with almost instantaneous transaction finality.
You may pay fees, stake, and participate in governance on the Avalanche blockchain with its native coin, AVAX.
The platform fixes the shortcomings of existing networks while combining their best features. Imagine Avalanche as a blockchain that can confirm thousands of transactions in under two seconds, far faster than Ethereum or Bitcoin, two older networks.
The AVAX token is the original asset of Avalanche. At present, its total supply is 72 million tokens, and more than 70 million are in circulation. When users trade with AVAX, the amount is burned, which means that scarcity increases.
AVAX holders can mortgage their tokens in the Avalanche network. To do this, users must create an Avalanche wallet next to a key phrase. After account verification, users can transfer their funds from the x-chain that creates and trades customized assets to the p-chain that manages all data.
Once the token is transferred, users will receive a transaction ID (txid), so they can entrust their token and select the verifier that best suits their preferences. In addition, users can set a time frame for mortgaging their tokens. Although, they cannot withdraw tokens until the end of the period. At the end of this period, users will not receive any additional rewards. AVAX holders need to take shares again.
Some users call Avalanche “financial Internet”. In essence, it is the intersection of traditional market and decentralized application. At present, the team behind Avalanche is studying its avalance-x-an accelerator, which provides great benefits for developers and their dapps, including derivatives, stable currencies and some products, which will greatly improve the future of decentralized finance.
Although developers can issue their own currencies on the Avalanche network’s bespoke blockchains, AVAX is the main token. Half of the 720 million tokens in AVAX’s maximum supply were produced using the Genesis block.
But just like the Ethereum network, Avalanche’s fees are burned, thereby reducing the number of tokens available.
Since Avalanche is a proof-of-stake platform, block rewards are obtained by validators that stake AVAX. On staked AVAX, validators can earn up to 11% APY; at the moment, the average annual return is about 9.75%.
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 believe the price will rise, place a buy order.
To Sell (Go Short): If you believe the price will fall, you can open a short position (available in derivatives trading like 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 Center
Yes, absolutely. BTCC supports multiple ways 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.
To perform your AVAX to TRY conversion on BTCC:
Access your account by signing in, 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.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the "Crypto Converter" section on our website or within the app.
Type the amount of AVAX you want to convert into the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The AVAX/TRY exchange rate is the current market price at which 1 Avalanche(AVAX) can be exchanged for TRY. In simpler terms, it tells you how many TRY one Avalanche is worth at any given moment.
Currently, one Avalanche is ₺379.76. The price of 1 Avalanche(AVAX) in TRY is constantly changing due to the 24/7 nature of the global cryptocurrency market. To get the live, real-time price, please check the market data section at the top of our platform or visit our dedicated AVAX to TRY converter.