All quotes are firm for their displayed duration and are inclusive of our fees and spread. Learn more about Uphold’s fees and spread.
Quotes are temporary and non-executable. You must sign in to your Uphold account to execute a quote and start trading. The current price display refers to the median retail transaction size up to 5,000 Euros. It's important to clarify that prices may vary for very small or very large orders. Update the pricing information to accurately reflect this variance.
Like most trading venues, our price charts display current mid-market rates. When you trade, you receive the current bid or ask price, depending on whether you are buying or selling. The difference between the mid-market rate and the bid or ask price is the spread, which is a normal feature of how exchange order books work.
Digital currencies are high risk. Do not invest money you cannot afford to lose. Please consider whether trading crypto is appropriate for your individual circumstances before investing.
What is Axelar (AXL)?
Axelar is a PoS (proof-of-stake) blockchain that enables cross-chain activity.Â
Here’s how Axelar describes themselves:Â
For example, if a developer builds a decentralized application (dApp), Axelar makes it really easy for them to transfer that dApp onto a range of different blockchains. It also simplifies the process of transferring assets between blockchains for users, thereby supporting blockchain interoperability. Axelar has even been likened to the ‘Stripe for Web3’.
How does it work?
The Axelar network is made up of three components:
AXL token utility?
AXL is used to validate and secure the network. It’s also used as a medium of exchange.
Check out their blog for more details.
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