Axelar (AXL)
AXL
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What is Axelar (AXL)?
Axelar is a PoS (proof-of-stake) blockchain which enables cross-chain activity.
Here’s how Axelar describe themselves:
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:
- A decentralized network
- Gateway smart contracts
- Developer tools
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.
How to buy Axelar (AXL)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
1. Go to Uphold.com and click sign up.
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
Get more coin for your coin
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