Try Quests to earn AVAXCEX in the Avalanche 🌊
Avalanche is a Layer 0 ecosystem made up of three core Blockchains each optimized for specific tasks within the network. AVAX, the native utility token of the Avalanche Network is used to pay fees for transactions, delegate to secure the network, as well as pair with other assets or stable coins to participate in DeFi products. - The Tie
Avalanche was developed by researchers from Cornell University led by Emin Gün Sirer and doctoral students Maofan "Ted" Yin and Kevin Sekniqi. On September 2020 Avalanche and Avax launched with Ava Labs behind - Wikipedia
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Centralized cryptocurrency exchanges (CEXs) act as an intermediary between a buyer and a seller and make money through commissions and transaction fees. You can imagine a CEX to be similar to a stock exchange but for digital assets.
CEXs operate using an order book system, which means that buy and sell orders are listed and sorted by the intended buy or sell price. The matching engine of the exchange then matches buyers and sellers based on the best executable price given the desired lot size. Hence, a digital asset’s price will depend on the supply and demand of that asset versus another, whether it be fiat currency or cryptocurrency.
Thanks to the CEXs people can buy and sell crypto assets using their own national currency which is commonly called Fiat Money.
In this Dashboard, I'll track the Activity of CEX in Avalanche, showcasing in detail the Volume of Assets and the most popular flowing within the CEX.
You can use the parameter "Time" to change the date aggregation and range, with "Day" showing the data from the past 31 days, "Week" the data from 93 days, "Month" the data since 2022, and "Quarter" the data from 2 Years, User Behaviour tab is the only one unaffected by this parameter.
Chart Analysis is made using Time = Month.