OnChainBets Docs
  • Welcome
    • About Us
    • Earn UBET Cred
    • Earn Azuro Score
    • UBET Token Utility
    • UBET Airdrops
    • UBET Allocation and Vesting
  • FAQ
    • Placing Bets
    • Using Freebets
    • Understanding Bet States
    • Redeeming a Winning Bet
    • Markets and Bets
    • Odds and Slippage
    • Representation on the Chain
    • Blockchain Info
    • Connecting Your Wallet
    • Azuro Protocol
  • Platform Rules
    • Terms & Conditions
    • Bet rules
    • Privacy & Cookies
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  1. FAQ

Blockchain Info

OnChainBets operates on Azuro Protocol, a decentralized betting protocol. It currently supports Polygon (MATIC) and Gnosis (xDAI). Bets are placed and redeemed in USDC on Polygon Mainnet and xDai on Gnosis Chain.

  • What is Polygon (MATIC)? Polygon, formerly MATIC Network, is an L2 scaling solution for Ethereum, utilizing PoS for lower fees and faster transaction times.

  • What is USDC?

    USDC is a stablecoin pegged to the US Dollar, used for all bets on OnChainBets.

  • Where to Get MATIC and USDC

    • Fiat to USDC: Purchase MATIC/USDC directly on OnChainBets using the funding tab, facilitated by Mt.Perelin.

    • CEX (Centralized Exchange): Buy and withdraw MATIC/USDC from CEXs like Binance, Coinbase, or Kraken.

    • DEX (Decentralized Exchange): Swap existing cryptocurrencies to USDC using a DEX, integrated into OnChainBets through 1Inch.

    • Bridge: Utilize bridges like Hop Protocol to bridge assets between chains, available directly on OnChainBets.

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Last updated 1 year ago