·

1xBit adds EOS support as demand increases

Posted by
DappRadar

Looking for a mixture of rewards and easy to play casino games?

1xBit is a well-known online gambling platform where users have the ability to play using some of the most popular cryptocurrencies. Currently, 1xBit accepts 26 cryptocurrencies including Bitcoin, Litecoin, Dash, Ethereum, Ripple, and 4 of Stablecoins are on the list.

Now 1XBit users will be able to enjoy the same experience using EOS. 

Why is EOS ideal for gambling?

EOS is one of the best cryptocurrencies to use within gambling dapps because of the cheap and quick transactions it supports. With blockchain platforms that use a proof-of-work consensus mechanism like Ethereum, there are fees for each transaction processed. 

EOSIO eliminates these by having the network shoulder the burden of these costs – through inflation – rather than making the individual users of the network pay to access its combined resources. In other words, ownership of tokens covers any incidental costs involved.

Lately, Ethereum gas prices have been skyrocketing due to increased activity driven by the decentralized finance ecosystem. This announcement comes at a time when users are seeking a cheaper alternative. 1XBit’s introduction of EOS could provide one possible solution. 

Get a wallet

In order to use it in play, you will need to get a few coins, if you don’t have any yet. This entails getting an EOS wallet and funding it. There are several different wallets out there, some of which are ideal for playing online casinos. 

These wallets will have different characteristics, including different levels of ease of use, security, as well as fast deposit and withdrawal features. You can search online for EOS wallets, and once you find one that fulfills the conditions you care most about, you can create a wallet, and you are almost there.

Next, you need to fund it with EOS. Usually, you will have to go to an exchange to buy some. There are several websites, and their signup conditions are as different as they are. You can find one that suits you, probably one without KYC, that requires as little information as possible to create an account.

After funding the wallet, the next thing will be to head over to 1xBit. The betting platform provides a lot of flexibility and perks that make playing casino games worthwhile. First, you will just carry out a simple registration, and you will be given up to a 7 BTC welcome bonus

On 1XBit, players have access to more than 20 cryptocurrencies. Also, the account you create is multi-currency, which means that you can have more than one cryptocurrency if you like. The casino is fully anonymous, and you can easily withdraw your rewards with no transaction fees.

If you are looking for a mixture of rewards and easy to play casino games, then 1xBit might be the right place. Moreover, due to the fact that EOS is now available, it is even faster to play. A combination perfect for anyone entering the industry.

Newsletter

Share this post on social media

Share this Article

Related articles

Related articles

Twitter hack: What just happened?

A wake up call for centralized platforms
© 2018-2020 DappRadar, UAB