There are potentially hundreds of cryptocurrencies out there for bettors to use online. While many of these are strikingly like one another, even running on the same blockchain, others are eager to branch out on their own. One of those cryptocurrencies that try to do something different is Avalanche. AVAX (as it is known) runs smart contracts like Ethereum but also addresses other issues that its counterparts fail to.
Avalanche and its native token, AVAX, debuted in September 2020, so this is a brand-new cryptocurrency. This cryptocurrency may be newer than its counterparts, but it stands out as it tries to address some of the issues other cryptocurrencies suffer from. For instance, Avalanche runs decentralized apps or dApps, and like Ethereum, it uses the Solidity language. However, it aims to tackle issues associated with those by integrating decentralized finance (or DeFi) ecosystems. Other issues addressed by Avalanche include security and scalability.
Avalanche runs on several chains – notably X, C, and P-Chains, equating to Exchange, Contract and Platform chains. They are used for creating and trading digital AVAX assets, for smart contracts, and for staking and validating AVAX, respectively. While this will all be of keen interest to crypto users in general, what does it mean for casino bettors? Let’s find out more.
Given that it only debuted in 2020, it is far too soon to start talking about a wealth of AVAX betting sites. There are a couple of venues where this is a reality, but not too many. Instead, you will likely find that some crypto casinos may permit AVAX deposits but don’t allow you to wager on games using Avalanche or claim bonuses with the fledgling cryptocurrency.
In all honesty, Avalanche is far too new a cryptocurrency to really expect to see a plethora of games available that take AVAX bets. You almost certainly won’t find any mainstream games accepting AVAX bets. However, there are always operators eager to snap up opportunities with new cryptocurrencies, particularly ones that prove radically different from their counterparts. It is not impossible that you’ll stumble across in-house AVAX-friendly games at some of our recommended betting sites.
There are a handful of reasons why AVAX may be the ideal token for you. These include:
Avalanche is particularly known for offering high-fidelity, high-security, and cost-effective transactions. These tokens can be used to pay for deposits at casinos and gas fees and interact with smart contracts.
When you execute smart contracts and utilize DeFi programs with AVAX, you can potentially earn rewards. Avalanche has a rewards system in place that ensures you get the very best treatment and goodies for investment and using the cryptocurrency.
AVAX is still so new that it has some issues. We’ve detailed the main cons for you below, most notably:
There are several casino software providers that excel at offering crypto-friendly games, including Endorphina, Hacksaw Gaming, Pragmatic Play, and Spinomenal. However, we’re not convinced that even these developers will have incorporated AVAX into their titles just yet. The cryptocurrency is just too new.
As with most cryptocurrencies outside the big ten, you are unlikely to find many promos and bonuses tied to Avalanche at online casinos. Those that are available will likely consist of nothing more than match deposit bonuses.
If you are eager to invest in AVAX tokens and start betting at those few casinos and betting sites that do support Avalanche, what should you look for? Allow us to showcase a few of the key criteria of the very best Avalanche casinos we’ve come across.
While there aren’t many Avalanche casinos out there, our team has identified the very best AVAX casinos you can play at. We’ve highlighted one of our recommended ones below:
If you are interested in playing at Avalanche casinos today, what do you need to know? Here are the steps you can take to get started today.
Avalanche is, perhaps, a touch too new to be hugely popular with bettors online. However, we’ve noted that AVAX itself is a very trustworthy, secure, and clever stablecoin. We have no doubt that this will be very much a cryptocurrency to keep an eye on in the future.
Not by a long shot. AVAX is such a new crypto token that very few online casinos currently permit Avalanche deposits and wagers. We’ve listed the best sites for you right here.
This is down to the software provider, not the operator. If the software provider has incorporated AVAX into its currencies, then no worries. If they haven’t, then probably not.
Each online casino and betting site will decide for themselves which bonuses and promos you can claim. Most haven’t yet made steps to offer AVAX bonuses to casino players, although there are always outliers.
Absolutely. If you are fortunate enough to find a site that accepts AVAX, you’ll find it one of the most secure crypto coins out there.
There are transaction fees associated with Avalanche, but these tend to be minimal. It is too soon to say whether the current fees are fair compared to rival stablecoins.