Avalanche wallet mobile phone usage tutorial

Avalanche Wallet is a non-custodial cryptocurrency wallet used to store, send and receive AVAX tokens and other Avalanche network tokens. It can be installed on a mobile device: Go to the app store and search for "Avalanche Wallet", download and install it; when creating a wallet, set a password, write down the mnemonic and verify it; to send tokens, you need to enter the receiving address, select the token and quantity, Confirm the transaction and enter your password; your wallet address is required to receive tokens.

Avalanche wallet mobile phone usage tutorial

Getting started

Avalanche wallet is a Non-custodial cryptocurrency wallet for storing, sending and receiving AVAX tokens and other tokens on the Avalanche network. It is available on mobile and desktop devices.

Mobile installation

1. Go to the Apple App Store or Google Play Store.
2. Search for "Avalanche Wallet".
3. Download and install the app.

Create wallet

1. Open the app and click "Create New Wallet".
2. Set a strong password and confirm it.
3. Write down your 12 mnemonics. This is a very important safety step, please take care of it.
4. Verify your mnemonic phrase to complete creation.

Send and receive tokens

1. Tap "Send" on the home screen.
2. Enter the recipient’s address or scan the QR code.
3. Select the tokens and quantity to send.
4. Click "Send".
5. Confirm transaction information and enter your password.
6. Waiting for transaction confirmation.

Receive tokens

1. Click "Receive" on the home screen.
2. You will see your wallet address.
3. Share the address or QR code to the sender.
4. You will be notified when the coins arrive in your wallet.

Notes

• Security: Your mnemonic phrase is the key to access your wallet. Please keep it safe and do not share it with anyone.
• Transaction Fees: There are transaction fees for sending and receiving tokens. Fees vary based on network congestion.
• Supported Tokens: Avalanche wallet supports AVAX, USDC, USDT and other tokens based on the Avalanche network.
• Update: Please make sure you are using the latest version of the Avalanche wallet for optimal security and functionality.

Avalanche (AVAX) price drops suddenly

As of 19:00 on August 28, 2024, the price of Avalanche (AVAX) is $24.66, 24 Hourly trading volume is $3.4 billion. Its price fell by 4.46% in the past 24 hours.

This price movement is mainly caused by the overall depressed market sentiment and selling pressure from institutional investors.

Future Price Trends

In the short term, the price of AVAX may continue to fluctuate. However, as market sentiment improves and institutional investor interest returns, its price is expected to rise in the long term.

Guide to Action

For those interested in investing in AVAX, now may be the time to buy. Prices are low and have upside potential. However, investors should be aware of market fluctuations and invest according to their own risk tolerance.

Short-Term Trend Forecast

AVAX price is expected to continue to fluctuate in the short term, but may see an upward trend in the coming weeks.

Indicators

• Current Price: $24.66
• 24 Hour Trading Volume: $3.4 Billion
• Circulating Supply: 4.05 100 million AVAX
• Maximum supply: 716 million AVAX
• Total supply: 405 million AVAX
• Circulation market value: 99.8 billion US dollars

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