Contents
- Bitcoin.com now natively supports Avalanche (AVAX).
- VERSE public sale gains traction among Web3 enthusiasts
all about cryptop referances
Multi-chain wallet Bitcoin.com adds support for Avalanche (AVAX) ecosystem ahead of VERSE token debut
Contents
Bitcoin.com, a veteran multi-blockchain cryptocurrency storage, exchange and transfer service, shared the details of the latest addition to its currency suite.
According to the official announcement shared by Bitcoin.com on its social media accounts and main website, “Ethereum killer” Avalanche (AVAX) becomes the last blockchain to be natively supported.
We are pleased to announce the integration of the high-throughput, low-fee Avalanche network @avalancheavax to our self-service web3 wallet.
Millions of people are now able to buy, sell, send, receive and manage Avalanche $AVAX on wallets. pic.twitter.com/zJa5wlbp1X
— Bitcoin.com (@BitcoinCom) 8 September 2022
As such, thousands of Bitcoin.com users globally can now seamlessly buy, sell, send, receive and trade Avalanche (AVAX) tokens.
In addition to that, Bitcoin.com customers can easily interact with Avalanche-based decentralized applications (dApps) including DeFis, DEXes, NFT marketplaces, lending/borrowing apps, wallets and so on.
Bitcoin.com CEO Dennis Jarvis is excited about the technical features of the new blockchain and is confident that it will be popular among users of his platform:
The potential of decentralized finance to create economic freedom is great, but to realize this potential we must democratize access. And for that it is important that we offer an environment with low fees. The Avalanche network is fast and cheap, while offering a high level of decentralization, which is essential for security and censorship resistance. Importantly, Avalanche has also attracted a large variety of high-quality DApps, increasing its utility for our millions of users.
Bitcoin.com adds Avalanche (AVAX) to its toolkit on the brink of the VERSE token release. VERSE is set to become the original cryptocurrency in the Bitcoin.com ecosystem.
VERSE will supercharge the platform for low-fee smart contracts. Initially, VERSE will go live on top of Ethereum (ETH) as an ERC-20 token, but it will also connect to Avalanche (AVAX), an EVM-compatible blockchain.
During the private sale that made headlines in May 2022, investors bought $33.6 million of VERSE tokens. The public sale of VERSE will be available on a dedicated website in Q4 2022.