What is Bazed Games (BAZED) crypto coin? Real risks, low liquidity, and why most traders avoid it

Bazed Games (BAZED) is a cryptocurrency token built on the Ethereum blockchain as an ERC-20 token, designed to power an online casino and PvP gaming platform called Bazed. But if you're considering buying it, you need to understand one thing: this isn't a game you want to play with real money.

What BAZED is supposed to do

The idea behind BAZED is simple on paper. It’s meant to be the in-game currency for Bazed Games, a web3 casino where you can play poker, blackjack, or other PvP games and use BAZED tokens to place bets, claim rewards, or unlock features. The project launched on August 7, 2023, and claimed to combine blockchain transparency with traditional casino mechanics. They said you’d own your winnings, get instant payouts, and avoid shady operators.

But here’s the problem: no one’s using it.

The numbers don’t lie - BAZED is dying

BAZED hit its peak in March 2024 at $0.516. Today, it’s trading between $0.01 and $0.08 - depending on which exchange you check. That’s an 85% drop from its high. CoinMarketCap says $0.010098. Coinbase says $0.0759. CoinCodex says $0.020441. Why the wild differences? Because there’s almost no trading volume to anchor the price.

You can’t trust these numbers because the market is too thin. A single large trade can swing the price 30% in minutes. That’s not volatility - that’s manipulation.

The total supply is nearly 77.7 million tokens, and over 98% are already in circulation. That means there’s no new token release to fuel growth. The only way the price could rise is if people start buying - but they aren’t.

Trading volume? Barely there

On a good day, BAZED trades around $17,000 in 24 hours. Compare that to Gala (GALA), which trades over $100 million daily. Even small gaming tokens like Rollbit Coin (RLB) move $5 million a day. BAZED’s volume is less than 0.1% of that.

Why does this matter? Because volume tells you if a token is alive or dead. A healthy crypto project needs daily volume at least 10% of its market cap. BAZED’s is under 0.5%. That’s a red flag screaming “do not enter.”

Where you can trade BAZED - and why that’s dangerous

BAZED isn’t on Coinbase, Binance, or Kraken. You can only buy or sell it on decentralized exchanges like Uniswap v2. That means you need a crypto wallet like MetaMask, Ethereum gas fees, and a deep understanding of how DEXs work.

Even then, you’re stuck in a liquidity trap. The BAZED/ETH pool on Uniswap holds only about $15,000. Try to sell 10,000 BAZED tokens? You’ll get slippage of 15-20%. That means if you think you’re selling at $0.08, you’ll actually get $0.06 or less. Reddit users report failed trades, partial fills, and prices that change mid-transaction.

Tokenomics: Hidden taxes and empty wallets

The BAZED smart contract includes buy and sell taxes - meaning every time you trade, a percentage is taken. Some goes to the project’s marketing wallet, some to the developers. Sounds normal? Not when the project has no marketing, no updates, and no roadmap.

Etherscan shows the contract has “exemptFromFees” addresses - meaning insiders or early investors likely got their tokens without paying these taxes. Meanwhile, regular users pay the full cost. That’s not fair. It’s unfair.

Who’s holding BAZED? Not many

As of October 2025, only 1,842 unique Ethereum wallets hold BAZED. That’s fewer than the number of people who attend a small local gaming convention. For comparison, the top 10 crypto gaming tokens each have millions of holders.

The project has no community. Its Telegram group has 37 messages a day. Its Twitter account (@BazedGames) posts once every few days. Its GitHub repo hasn’t been updated since April 2024. No new code. No fixes. No features. Just silence.

User experiences: Pain, delays, frustration

People who’ve tried using BAZED on the Bazed Games platform report the same problems:

• Withdrawals taking over 72 hours - sometimes longer
• Customer support ignoring messages about token issues
• Unclear how BAZED is actually used inside the casino
• Price discrepancies between platforms making it impossible to trust any quote

One user on Reddit tried to sell 50,000 BAZED. Only 12,000 executed. The rest? Gone. No refund. No explanation.

Trustpilot reviews for Bazed Games average 3.2/5 - but 12 out of 17 negative reviews specifically mention token utility being “vague” or “non-functional.” If you can’t use the token for what it’s supposed to do, what’s the point?

Technical indicators: All bearish

The charts tell the same story:

• RSI (14-day): 23.22 - deeply oversold, but still falling
• 50-day moving average: $0.041
• 200-day moving average: $0.039
• Current price: under $0.02

The price is below both averages - that’s a “death cross,” a classic sign of long-term decline. Analysts at CoinCodex predict BAZED could drop another 25% to $0.015 by the end of 2025. Delphi Digital says there’s only a 12% chance it survives past mid-2026.

Regulatory risk: A ticking time bomb

The U.S. Department of Justice has increased scrutiny on crypto gambling platforms by 217% this year. The Treasury’s new guidance (FIN-2025-G001) specifically targets tokens tied to online casinos with “unclear utility” - and BAZED fits that description perfectly.

If regulators crack down, Bazed Games could be shut down. Exchanges might delist BAZED. Your tokens could become worthless overnight.

Why you should avoid BAZED

This isn’t about whether BAZED might rebound. It’s about whether you want to risk your money on something that’s already failed.

• No real use case - you can’t reliably use BAZED in the casino
• No liquidity - you can’t sell without massive losses
• No development - no updates since April 2024
• No community - barely anyone cares
• No credibility - price data is inconsistent across exchanges
• No regulatory safety - it’s on the government’s radar

Veteran traders in r/CryptoMarkets advise: “Never allocate more than 0.1% of your portfolio to tokens like BAZED.” That’s not a recommendation. That’s a warning.

What’s the alternative?

If you want exposure to crypto gaming, look at tokens with real volume, real teams, and real adoption:

• Render Token (RNDR) - $7.4B market cap, used for GPU rendering in Web3
• Immutable X (IMX) - $1.7B market cap, powers NFT gaming on Ethereum
• Gala (GALA) - $1.2B market cap, powers actual gaming ecosystems

These projects have millions of users, active development, and exchange listings. They’re still risky - all crypto is. But they’re not dead.

Final verdict

Bazed Games (BAZED) is not a crypto coin you invest in. It’s a crypto coin you avoid.

It has none of the signs of a healthy project. No growth. No users. No transparency. No future. The only people making money from BAZED are the ones who bought it early and sold before the crash - and they’re long gone.

If you’re reading this because you’re thinking of buying, stop. Walk away. Save your money for something with a chance.