Travala is a blockchain-based travel booking platform that merged with TravelbyBit, a cryptocurrency-powered flight ticket booking portal. Both companies are owned by Binance, one of the world's leading cryptocurrency exchanges. This positions Travala as a competitive alternative to industry giants like Booking.com, Expedia, and Agoda. In this article, we'll explore the Travala project and its native cryptocurrency, AVA Coin.
What is Travala?
Founded in 2017, Travala.com claims to be the world's leading blockchain-based travel booking platform. It offers access to over 2,000,000 hotels and accommodations across 230 countries, often at lower prices than mainstream platforms.
The Travala development team consists of professionals from the travel, fintech, and blockchain industries. The platform's vision aligns travel bookings with decentralized technology, promoting accessibility, peer-to-peer transactions, censorship resistance, and open-source solutions for the travel industry.
👉 Discover how Travala revolutionizes travel bookings
What is AVA Token?
AVA Token is the native cryptocurrency of the Travala.com platform. As a BEP-2 standard token, AVA is central to all current and future applications within the Travala ecosystem.
Basic Information About AVA Token
- Website: travala.com
- Whitepaper: Available on Binance Chain Explorer
- Ticker: AVA
- Blockchain: Binance Chain
- Circulating Supply: 46,380,017 AVA
- Total Supply: 61,125,269 AVA
Applications of AVA Token
Payments
Pay for your trips with AVA and receive an additional 3% discount on your total booking value.
Booking Rewards
Get 2% cashback on completed bookings, paid in AVA.
Best Price Guarantee
Travala promises to beat any publicly available price from competitors. If you find a better deal elsewhere, you can request a refund for the difference.
Buyback Program
A quarterly buyback program allocates 20% of booking revenue to repurchase AVA tokens.
Bill Payments (Australia)
Pay utility bills, vehicle registration, mobile plans, credit cards, tuition fees, rent, or even bank accounts using AVA.
E-commerce Shopping
AVA will soon be accepted as payment across 5,000+ global e-commerce platforms through a strategic partnership with CoinGate.
TravalAds (Coming Soon)
Hotel providers and travel services can pay with AVA to prioritize their products in search results.
Review Rewards (Coming Soon)
Earn AVA rewards for leaving genuine reviews about your stays. Only confirmed bookings are eligible for review rewards.
👉 Learn more about AVA token utility
How to Acquire AVA Tokens
You can buy and trade AVA on several exchanges including:
- Binance
- Binance DEX
- BEP Swap
- Bilaxy
- KuCoin
- MXC.COM
- Bitcoin.com Exchange
- Coinall
AVA Wallet Options
Store your AVA tokens securely using these wallets:
- Trust Wallet
- Binance Chain Wallet
- Guarda Wallet
- Ledger
- Enjin Wallet
- Atomic Wallet
- Trezor
- SafePal Wallet
Community Channels
- Twitter: @travalacom
- Telegram: t.me/travala
- Reddit: r/Travala
- Blog: blog.travala.com
FAQs
Is Travala cheaper than Booking.com?
Yes, Travala often offers lower prices than traditional platforms and provides additional discounts when paying with AVA tokens.
How does the AVA token benefit users?
AVA offers cashback, discounts, bill payment options, and will soon enable e-commerce purchases and advertising features.
What makes Travala different from other travel platforms?
As a blockchain-based platform, Travala emphasizes decentralization, peer-to-peer transactions, and censorship-resistant technology while maintaining competitive pricing.
Where can I store AVA tokens?
AVA can be stored in any Binance Chain-compatible wallet, including hardware wallets like Ledger and Trezor.
Conclusion
Travala represents an innovative approach to travel bookings through blockchain technology. With backing from Binance and growing utility for its AVA token, the platform competes effectively with established travel industry players. As always, conduct thorough research before making investment decisions.