We’re excited to announce that Crypto.com App now supports deposits and withdrawals on the Avalanche’s Contract Chain (AVAX C-Chain).
What is AVAX C-Chain?
The AVAX C-Chain is the default smart contract blockchain on Avalanche, which enables the creation of any Ethereum-compatible smart contracts, especially for applications that require total ordering. This blockchain implements the Snowman consensus protocol, a chain-optimised protocol that is powered by the Avalanche consensus protocol, able to permanently confirm transactions in under 1 second, and capable of processing 4,500 transactions per second.
Crypto.com App users can now enjoy cheaper and near-instant transfers for AVAX, USDC, and ETH via AVAX C-Chain. Look out for more to come.