What is AVAX coin? How to get rewards in AVAX network?
Jul 24, 2025 pm 10:06 PMAVAX is the native token of the Avalanche network, used to pay transaction fees, ensure network security and serve as an accounting unit within the ecosystem. 1. Users can become verifiers or principals by pledging AVAX to obtain rewards; 2. Participate in DeFi applications such as providing liquidity and lending to earn profits; 3. Explore GameFi and NFT fields to obtain potential returns. Mainstream trading platforms such as Ouyi OKX, Binance Binance, Huobi HTX and Gate.io Sesame all support AVAX trading. It is recommended that novices start with low-threshold entrusted pledge and fully study various project risks before participating.
What is AVAX Coin?
AVAX tokens play a crucial role in the network:
1. Transaction fees : Any operations performed on the Avalanche network, such as transfers, interaction with smart contracts, etc., require AVAX to pay the handling fee.
2. Network security : Users can become network verifiers or principals by staking AVAX, participate in protecting network security, and get rewards for this.
3. Accounting unit : AVAX is the main value exchange medium in the Avalanche ecosystem, used for the interaction between various dApps and subnets.
How to get AVAX?
Currently, mainstream platforms that support AVAX transactions include:
1. Ouyi OKX : As one of the world's leading digital asset service platforms, it provides rich AVAX trading pairs and good liquidity.
2. Binance : A platform with huge users around the world, AVAX has very high transaction depth and activity.
3. Huobi HTX : a platform with a long history, also provides users with stable and reliable AVAX trading services.
4. Gate.io Sesame Open Door : It is famous for its diverse asset choices and also supports AVAX's various trading methods.
How to get rewards in AVAX network?
1. Network staking (staking)
This is the most direct and relatively low-risk way to participate in the AVAX ecosystem. By staking, you lock your AVAX to support the security and operation of the network, and in return, the network rewards you with more AVAX.
1. Become a Validator : This requires running a dedicated node and pledging a large number of AVAX (currently high threshold). Verifiers directly participate in the network consensus and get the highest returns.
2. Become a Delegator : This is a more feasible way for most users. You can delegate your own AVAX to a trusted validator node without running the hardware yourself. The validator will charge a small commission and the remaining rewards will belong to the principal. This is a low threshold and easy to operate in the way of participation.
2. Participate in Decentralized Finance (DeFi)
1. Provide liquidity : On decentralized exchanges (DEXs), such as Trader Joe, Pangolin, etc., users can form trading pairs of AVAX and other tokens they hold and put them into the liquidity pool. In return, they can share the fee income generated by the transaction pair and may receive additional platform token rewards.
2. Debit and Credit : In loan agreements such as Aave, users can deposit their own AVAX or other assets, lend them to users in need, and earn interest from them. This is a relatively stable way to add value.
3. Explore GameFi and NFT
The Avalanche network is also home to many gaming finance (GameFi) projects and non-fungible tokens (NFT) markets. By participating in these games or trading NFTs, users also have the opportunity to receive asset appreciation or project rewards. However, the risks and volatility in this field are usually much higher than those of staking and mainstream DeFi activities, and users need to have stronger research and risk identification capabilities.
Editor's suggestion
In summary, AVAX and the Avalanche network behind it provide users with a variety of ways to participate from relatively robust to high risk and high returns. For novices, starting from understanding and trying "Delegating" is an ideal entry point for in-depth learning and feeling the charm of AVAX ecosystem. Before participating in any DeFi protocol or emerging application, be sure to conduct adequate research (DYOR) to understand its mechanisms and potential risks. The Avalanche ecosystem is still growing rapidly, and keeping learning and attention is key to seizing new opportunities.
The above is the detailed content of What is AVAX coin? How to get rewards in AVAX network?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

1. First, ensure that the device network is stable and has sufficient storage space; 2. Download it through the official download address [adid]fbd7939d674997cdb4692d34de8633c4[/adid]; 3. Complete the installation according to the device prompts, and the official channel is safe and reliable; 4. After the installation is completed, you can experience professional trading services comparable to HTX and Ouyi platforms; the new version 5.0.5 feature highlights include: 1. Optimize the user interface, and the operation is more intuitive and convenient; 2. Improve transaction performance and reduce delays and slippages; 3. Enhance security protection and adopt advanced encryption technology; 4. Add a variety of new technical analysis chart tools; pay attention to: 1. Properly keep the account password to avoid logging in on public devices; 2.

First, choose a reputable trading platform such as Binance, Ouyi, Huobi or Damen Exchange; 1. Register an account and set a strong password; 2. Complete identity verification (KYC) and submit real documents; 3. Select the appropriate merchant to purchase USDT and complete payment through C2C transactions; 4. Enable two-factor identity verification, set a capital password and regularly check account activities to ensure security. The entire process needs to be operated on the official platform to prevent phishing, and finally complete the purchase and security management of USDT.

Binance APP is a world-leading digital asset service application, providing users with safe and convenient trading experience and comprehensive market information. Through its official mobile client, users can grasp the latest market trends, manage personal digital assets, and conduct diversified trading operations anytime and anywhere. This article will introduce in detail how to obtain and install the Binance APP through official channels, as well as its core functions and usage techniques, to help users use the platform safely and efficiently.

The price fluctuations of ETH have touched the hearts of countless investors, and discussions about whether its prices will bottom out again have never stopped. This article will review the price trends of Ethereum in recent years, and combine current market fundamentals and technical indicators to explore whether it is possible to pull back to the key support level of US$2,000, providing readers with a multi-dimensional market observation perspective.

Currently, JD.com has not issued any stablecoins, and users can choose the following platforms to purchase mainstream stablecoins: 1. Binance is the platform with the largest transaction volume in the world, supports multiple fiat currency payments, and has strong liquidity; 2. OKX has powerful functions, providing 7x24-hour customer service and multiple payment methods; 3. Huobi has high reputation in the Chinese community and has a complete risk control system; 4. Gate.io has rich currency types, suitable for exploring niche assets after purchasing stablecoins; 5. There are many types of currency listed on KuCoin, which is conducive to discovering early projects; 6. Bitget is characterized by order transactions, with convenient P2P transactions, and is suitable for social trading enthusiasts. The above platforms all provide safe and reliable stablecoin purchase services.

First, choose a reputable digital asset platform. 1. Recommend mainstream platforms such as Binance, Ouyi, Huobi, Damen Exchange; 2. Visit the official website and click "Register", use your email or mobile phone number and set a high-strength password; 3. Complete email or mobile phone verification code verification; 4. After logging in, perform identity verification (KYC), submit identity proof documents and complete facial recognition; 5. Enable two-factor identity verification (2FA), set an independent fund password, and regularly check the login record to ensure the security of the account, and finally successfully open and manage the USDT virtual currency account.

There are four main ways to obtain BTC: 1. Register and exchange it with fiat currency or other digital assets through centralized trading platforms such as Binance, OK, Huobi, and Gate.io; 2. Participate in P2P platforms to directly trade with individuals, and pay attention to the credit risks of the counterparty; 3. Provide goods or services to accept BTC as payment; 4. Participate in airdrops, competitions and other platform reward activities to obtain a small amount of BTC. The core difference between BTC and digital currency is: 1. BTC is a type of digital currency, which belongs to a genus relationship; 2. BTC adopts a proof of work (PoW) mechanism, while other digital currencies may use various technologies such as proof of stake (PoS); 3. BTC emphasizes the value storage function of "digital gold", and other digital currencies may focus on payment efficiency or

When using Yandex to find the official Binance channel, you must accurately locate the official website by searching for "Binance Official Website" or "Binance Official Website"; 2. After entering the official website, find the "Download" or "App" entrance in the header or footer, and follow the official guidelines to download or obtain the officially verified installation files through the app store; 3. Avoid clicking on advertisements or third-party links throughout the process, ensure that the domain name is correct and the link is trustworthy, so as to ensure the download security.