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Cryptopedia Staff

What Is Avalanche -100

Ava Labs built the Avalanche crypto protocol and its native AVAX coin to facilitate custom and private blockchains and decentralized applications (dApps). 

Avalanche Crypto Network and Ava Labs’ AVAX Coin

Avalanche is a flexible smart contract platform for creating custom blockchain networks and decentralized applications (especially those focused on DeFi).

What Is Avalanche?

Avalanche (AVAX)

Explore our collection of Cryptopedia articles related to Avalanche (AVAX). Discover new topics and the latest insights.

Avalanche (AVAX) Articles - Cryptopedia

What is Decentralized Finance@2x

Explores decentralized finance trends and aspects of the DeFi crypto ecosystem, including DeFi investment, DeFi loans, DeFi staking, and other DeFi solutions.

What is DeFi? Decentralized Finance Trends

One of the most exciting sectors in blockchain today is DeFi, and it’s changing the way we think about money, investment, and wealth.

What Is DeFi (Decentralized Finance)?

Open & Decentralized Finance

Explore our collection of Cryptopedia articles related to Open & Decentralized Finance. Discover new topics and the latest insights.

Open & Decentralized Finance Articles - Cryptopedia

Today, we are thrilled to announce the listing of five new perpetual contracts on Gemini Foundation. Eligible users can now trade the AVAX, DOGE, DOT, LINK, and LTC perpetual contracts denominated in [Gemini Dollars (GUSD)](https://www.gemini.com/dollar) with up to __100x leverage__.

Gemini is a non-US derivatives platform that now hosts multiple crypto perpetual contracts for trading, including the BTC/GUSD, ETH/GUSD, XRP/GUSD perpetual contracts and more.

Gemini’s derivatives product is available in select jurisdictions globally. The full list of available countries can be found [here](https://www.gemini.com/derivatives). It is not available to customers in the United States of America, United Kingdom, or the European Union.

### Opening a Derivatives Account

If you have yet to create a Gemini account and reside in a derivatives-enabled jurisdiction, [sign up for an account here](https://exchange.gemini.com/register "Gemini Exchange") to receive both a spot and derivatives trading account.

For current Gemini spot users in derivatives-enabled jurisdictions, follow the steps below to activate your derivatives account today.

1. [Log on](https://exchange.gemini.com/signin) via desktop or mobile web browser
2. Select the Account drop-down list at the top left of your screen
3. Select “Activate Now” next to the Derivatives Account option to begin the activation process
4. Read and accept the derivatives-specific terms and conditions
5. Transfer GUSD to your derivatives account

Stay tuned as we continue to list new perpetual contracts and enhance your experience on the Gemini derivatives platform. For more details, please visit [www.gemini.com/derivatives](https://www.gemini.com/derivatives).

Onward and Upward,

The Gemini Derivatives Team

<details>sign up</details>


The secure way to buy, sell, store and convert crypto. Millions use Gemini to diversify their portfolios.

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Weekly Market Update

Introducing Five New Perpetual Contracts on Gemini’s Derivatives Platform: AVAX/GUSD, DOGE/GUSD, DOT/GUSD, LINK/GUSD, LTC/GUSD

We are delighted to announce support for another blockchain network, __Avalanche (AVAX)__, further expanding Gemini’s list of supported networks!

[__AVAX is now available for trading__](https://www.gemini.com/prices/avalanche) on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP, EUR, CAD, SGD, HKD, and AUD pairs!* 

Support for Avalanche further bolsters our compatibility across the blockchain ecosystem, marking another exciting milestone on our crypto journey. Avalanche is an open-source proof-of-stake (PoS) platform for creating custom blockchain networks and decentralized applications (dApps). Built by Ava Labs, Avalanche is one of many platforms leveraging [smart contract](https://www.gemini.com/cryptopedia/glossary#smart-contract) technology. 

[Avalanche’s network infrastructure](https://www.gemini.com/cryptopedia/avax-coin-avalanche-crypto-ava-labs#section-avalanche-crypto-network-architecture) is built to enable modular blockchains that are scalable and interoperable with other entities on the Avalanche blockchain. The project aims to build increasing connectivity to Ethereum and the wider blockchain ecosystem. AVAX, Avalanche’s native token, is the network’s unit of account, and is used for paying transaction fees and for staking in Avalanche’s consensus process.

With the addition of Avalanche, Gemini is now compatible with 11 blockchain networks, including: [Bitcoin (BTC)](https://www.gemini.com/prices/bitcoin), [Ethereum (ETH)](https://www.gemini.com/prices/ether), [Solana (SOL)](https://www.gemini.com/prices/solana), [Litecoin (LTC)](https://www.gemini.com/prices/litecoin), [Bitcoin Cash (BCH)](https://www.gemini.com/prices/bitcoin-cash), [Zcash (ZEC)](https://www.gemini.com/prices/zcash), [Filecoin (FIL)](https://www.gemini.com/prices/filecoin), [Dogecoin (DOGE)](https://www.gemini.com/prices/dogecoin), [Tezos (XTZ)](https://www.gemini.com/prices/tezos), and [Polkadot (DOT)](https://www.gemini.com/prices/polkadot).

Gemini supports more than 120 tokens! Learn more about [all the tokens we support for trading and/or custody here](https://www.gemini.com/prices).

We look forward to supporting new crypto projects on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

*AVAX can be stored in Gemini’s exchange wallet but is not yet available in Gemini Custody.

*Updated: October 12, 2022*

## Learn more about Avalanche (AVAX)

Avalanche is a proof-of-stake (PoS) blockchain network that supports decentralized finance (DeFi) applications and enables the development of enterprise blockchains. Avalanche developers can build their own blockchain applications and networks that are governed by complex rules or develop on top of existing public and private subnetworks (subnets). AVAX is the native token of the Avalanche network, and is used to pay fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on the network. AVAX also provides on-chain governance for critical network parameters where participants can vote on changes to the network. 

Explore Avalanche (AVAX) on [Cryptopedia](https://www.gemini.com/cryptopedia):

[What Is Avalanche?](https://www.gemini.com/cryptopedia/avax-coin-avalanche-crypto-ava-labs)

Gemini Adds Support for New Blockchain Network: Avalanche (AVAX)

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Learn more about Avalanche

Avalanche is a proof-of-stake (PoS) blockchain network that supports decentralized finance (DeFi) applications and enables the development of enterprise blockchains. Avalanche developers can build their own blockchain applications and networks that are governed by complex rules or develop on top of existing public and private subnetworks (subnets).

## Token

AVAX is the native token of the Avalanche network, and is used to pay fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on the network. AVAX also provides on-chain governance for critical network parameters where participants can vote on changes to the network. 

[Avalanche website](https://www.avax.network/)  
[Avanalche whitepapers](https://www.avalabs.org/whitepapers)

View up to date news & the price of Avalanche (AVAX) crypto on our Avalanche price page & learn how you can buy, sell & trade Avalanche on Gemini's platform.

Avalanche (AVAX) Price - Buy, Sell & View The Price of Avalanche Crypto

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