Travala (AVA) is a cryptocurrency designed for a travel booking platform that offers a loyalty program, discounts, and rewards. It allows users to book hotels, flights, and activities while utilizing blockchain technology for secure payments and loyalty rewards management. The AVA token provides exclusive benefits, including discounts, givebacks, and voting rights, and can be used for payments on the platform or traded on various exchanges.
The Travala (AVA) token is the native utility token of the Travala.com platform, which allows users to book hotels, flights, and other travel services using cryptocurrencies. Here are the key ways AVA is used:
Payment Method: AVA can be used as a payment method for booking travel services on Travala.com. Users can select AVA as their payment method and receive discounts on their bookings.
Loyalty Program: The AVA token is central to Travala's loyalty program, called the AVA Smart Program. This program offers various benefits, including discounts, crypto rewards, and AVA payment discounts. Users can lock a specific amount of AVA tokens to access these benefits.
Discounts and Rewards: By using AVA, users can receive discounts on travel bookings, up to 13% cheaper rates, and rewards in AVA, Bitcoin, or Travel Credits. The higher the user's tier in the Smart Program, the greater the rewards.
Governance: AVA token holders have governance voting rights on key platform proposals, allowing them to participate in shaping the future of Travala.com.
Speculation: AVA can be bought, sold, and traded on various exchanges, making it a speculative investment opportunity for crypto traders.
Utility Beyond Travel: The use cases of AVA extend beyond travel, as it can be used for other goods and services or traded for other currencies, providing users with flexibility.
Overall, the AVA token simplifies the use of the Travala platform, offers various benefits, and provides a secure payment method for users.
To store Travala (AVA) tokens, you can use the following methods:
- Travala.com Wallet: You can create a wallet on Travala.com and deposit your NEP5 tokens. Your AVA tokens will automatically be transferred to the new Bep2 chain.
- Trust Wallet: You can add AVA to your Trust Wallet by installing and configuring the wallet, using the 'Receive' function, locating AVA, and manually adding it.
- Other Supported Wallets: You can also use other wallets listed on Travala.com to store your AVA tokens.
Additionally, if you have AVAOLD tokens, you can deposit them to your platform wallet on Travala.com and they will be swapped to the new AVA token. This process involves selecting the network of the AVAOLD tokens, copying the deposit address and memo (if necessary), and accepting the AVA Token Upgrade Terms & Conditions.
To buy Travala (AVA) tokens, you can follow these steps:
Choose an Exchange: Select a reputable cryptocurrency exchange that supports AVA trading. Currently, AVA is available on KuCoin and Binance, but not on Kriptomat.
Create an Account: Register for an account on the chosen exchange. This typically involves providing personal details and verifying your identity to comply with regulations.
Fund Your Account: Deposit funds into your exchange account using a supported payment method, such as credit/debit cards, bank transfers, or other cryptocurrencies like Bitcoin (BTC) or Tether (USDT).
Purchase AVA: Navigate to the AVA trading page on the exchange and enter the amount you wish to purchase. You can use your deposited funds to buy AVA tokens.
Store Your AVA: Once you have purchased AVA, ensure you have a secure wallet to store your tokens. You can use the exchange's built-in wallet or transfer your AVA to a personal wallet for added security.
Please note that some exchanges, like Kriptomat, do not currently support direct AVA purchases. You may need to buy another cryptocurrency first and then exchange it for AVA. Additionally, some exchanges have restrictions based on your location, so ensure you check the exchange's terms and conditions before proceeding.
