Nash is Integrating Avalanche (AVAX) Into its DeFi Product Suite
Later in Q2, Nash’s fiat gateways will be integrated directly into the Avalanche Wallet.
Nash, a fast, user-friendly platform for decentralized financial services, is integrating AVAX into its non-custodial wallet, European spot markets, and fiat gateways. Upon completion of the integration in Q2, Nash users will be able to purchase and sell AVAX instantly at just 1% fees using supported European currencies and take advantage of a software wallet secured by multi-party computation (MPC).
AVAX is the native token of Avalanche. It’s a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche.
Later in Q2, Nash’s fiat gateways will be integrated directly into the Avalanche Wallet, creating an even more streamlined experience for users to access the rapidly growing DeFi ecosystem on Avalanche.
Smart contract activity on the platform has boomed since the launch of the Avalanche-Ethereum Bridge (AEB) on February 8. In that time, smart contract transactions have increased by 1,279% to over 750,000, and unique wallets increased by 1,991% to top 45,000.
Founded in 2017, Nash is a fintech company focused on bridging the gap between crypto and local currencies. Nash provides fiat/crypto gateway services for retail and business customers, combining the lowest prices and fees with high-security non-custodial wallets. Later in 2021, Nash will be integrating national currency bank accounts directly into its platform, offering simple access to DeFi-powered earnings for new retail users.
Nash CEO Ethan Fast commented: “Avalanche is one of the most promising new blockchain platforms. There’s a fast-growing ecosystem already live on its C-chain, and its novel consensus mechanism powers a vision of interoperable subnets that’s very exciting for the space. Nash is happy to help make Avalanche more available, both by offering market-leading rates for investors through our fiat gateway and providing web and mobile wallets for AVAX secured by multi-party computation.”
Since mainnet launch, AVAX has been added to leading venues all over the world. From Korea to Turkey to the U.S., users around the world are gaining quick, reliable access to AVAX.
Nash is a fintech company that combines a suite of non-custodial digital asset services with market-leading fiat gateways. Users can invest in, trade and make payments with digital assets, and at no point will Nash control their funds. Fiat purchase fees are as low as 0%. Nash operates the only Layer-2 exchange that supports native Bitcoin trading, cross-chain with Ethereum and NEO.
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is able to process 4,500+ transactions/second and instantly confirm transactions. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.