Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
Past Performance is not a reliable indicator of future results. Learn more about asset risks. Pricing data is provided by Uphold. Trading Fees Apply. Visit our fee schedule for more information.
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.
Similar Assets
Trust in transparency
The transparency you need - gain insights into fees, have your questions answered and feel secure with our lawful dedication.Â
Navigate seamlessly with our detailed answers to frequently asked questions.
With reserves exceeding 100%, your funds are ready for withdrawal anytime.
Transparent service fees.
We are seriously dedicated to compliance and transparency.
Instant support, assistance and answers to your questions.