Ever since cryptocurrencies made its first boom, online betting and gambling were one of the first industries to show interest in the crypto sphere. Due to the simplicity it represented for online betting sites, cryptocurrencies were slowly but surely added to a lot of existing sport betting sites, and new ones were created with the sole purpose of appealing to the crypto industry.
With the introduction of blockchain technology and the usage of cryptocurrencies in online betting sites, the payment methods were improved and optimized in ways gamblers didn’t see before. The technology gave special freedom for gamblers to enter the online betting world, providing some sort of anonymity to the users and transparency for the online casinos and betting sites. Blockchain provides an unaltered ledger where transactions can be recorded, allowing users to verify transactions in a more honest way.
Although Bitcoin gambling is still a small fraction of online gambling, there’s a wide range of advantages to benefit from. With the development of the technology, experts predict more online betting sites will begin to implement blockchain to provide transparency and fairness into online gambling, a trust issue this industry faces constantly.
1xBit is one of the leading cryptocurrency sportsbook and casino websites. The reason? The website offers a wide variety of betting options using multiple cryptocurrencies as a payment method and no documentation is needed to register. Enjoy placing bets with no fees associated, deposit or withdraw your earnings faster than any other site and take your chances on one of the sportsbook and casino websites with the highest odds available.
With 1xBit you can play the most popular casino games and also bet on your favorite sport, all in one website. Enjoy a fast and reliable betting process and take a chance on an opportunity to bet big on the most popular events. Place your bets with a single click and start having fun. Even beginners will have no problem placing a bet since rules and instructions come in a variety of languages, clearly explained and making it easier for players from everywhere to join in the fun. Join now and take advantage of all the features only 1xBit can offer, just go through the “One Click” registration process and start betting. 1xBit also offers online 24/7 live support to help you with any questions you may have, making your betting experience the best one.
The main advantage of betting with 1xBit is their unique opportunity to make LIVE bet which significantly increases the chances of winning.
Online betting is a good opportunity to convert your sports knowledge and intuition into cryptocoins. With it, you’re able to turn your interest into profit and earn it in any of 18 cryptocurrencies 1xBit implemented. Take the fun wherever you go with 1xBit mobile app and start making profits right away.