A closer look at one of the biggest cryptocurrency betting sites
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.
Opened in 2016, 1xBit successfully integrated a casino and sportsbook into one user-focussed application. Sports fans use 1xBit due to its comprehensive Sportsbook section containing a variety of sports including football, baseball, cricket, rugby, and horse racing.
For those interested in betting on eSports. The focussed eSports section allows users to choose their favourite game and bet with market-leading odds.
For all those casinos and slots lovers, 1xBit offers a full Casino. Much like a real casino, this online version featured live tables and games from famous providers like Pragmatic Play, GameArt and Playson. Moreover, there is no need to choose only 1 game – now you can play 4 games at once!
Anonymity
1xBit’s claim that their care for user’s confidentiality is what sets it apart from the competition. Registration and use do not require the submission of either your telephone number, or your address, or even your name. 1xBit say “this is your privacy and we profoundly respect it.” Total anonymity is the true motto of 1xBit and a major driving force behind the decision to create a cryptocurrency betting site.
1xBit also never charges any withdrawal fees, because the company covers all of the users’ transaction costs. Moreover, they always keep on increasing the number of currencies available, currently dealing in 25 different currencies.
Rewards and bonuses
One major component to a successful betting site is the reward and bonus mechanics built-in. There are a vast number of betting providers available and users display fickle characteristics in this category, tending to gravitate toward the best sign-on or general offers and rewards.
This mechanic is simply something carried across from traditional betting applications as they also face the same issues. It is not uncommon for regular gamblers to hold multiple accounts simply for the purpose of benefitting from the different offers being made available every week.
1xBit offers users a variety of rewards and bonuses all conveniently located in the dedicated bonuses and gifts section of the website. They advertise an ‘up to 7 Bitcoins’ sign-on package. Besides this generous welcome package, a lot of 1xBit promotions are in collaboration with the game providers mentioned.
For example, 1xBit invites everyone to complete daily quests and gain valuable prizes in a monthly tournament “Freebooter Treasures”.
Future development
In the near future, the 1xBit team plans to expand further both technological and entertainment possibilities of the site. Enlarging the number of supported languages on the site is also a big part of the company’s plans. For now, 1xBit has 59 languages on the site and support chat with 15 languages, but are seeking to have all languages represented very soon.
As always we will continue to watch this space. Don’t forget to bookmark DappRadar and sign up to our newsletter below to receive updates directly to your inbox.
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