1xBit is a popular online gambling platform where users can play using some of the well-known cryptocurrencies. The platform currently accepts 26 cryptocurrencies, including Bitcoin, Litecoin, Dash, Ethereum, Ripple, and four other stablecoins on their list. With the announcement, 1xBit users can now enjoy the same experience using EOS.
Why EOS is ideal for gambling
EOS is one of the best cryptocurrencies that suits gambling DApps because of the cheap and quick transactions it supports. Blockchain platforms that use a Proof-of-Work consensus mechanism like Ethereum have fees attached to each successful transaction. But EOSIO eliminates this by having a network that bears the burden of these costs (via inflation). So users of the platform do not have to pay a fee to gain access to its resources.
In other words, the ownership of tokens covers any cost involved. With the increase in Ethereum gas prices, this development comes at a time when users are looking for cheaper alternatives. The introduction of EOS could also provide a possible solution for underlying issues with the 1xBit gambling platform.
Get a wallet
To use EOS to play, 1xBit users will need to get a few coins. This means getting an EOS wallet and funding it. There are numerous wallets ideal for playing online casinos. Some of these wallets have different features, including security, as well as deposit and withdrawal features. You can search online for EOS wallets and find one that suits you.
After that, you will need to fund it with EOS by buying some from an exchange. But there are several websites with realistic sign-up conditions; you can find one without KYC that requires little information to create an account.
The next thing is to go to 1xBit. The gambling platform provides substantial flexibility and makes playing casino games worthwhile. However, you will have to carry out a simple registration first, after which you will get up to 7 BTC as a welcome bonus.
1xBit gives players access to more than 20 cryptocurrencies. The account created by users is also multi-currency. This means that users can have more than one cryptocurrency if they like.
The casino is anonymous, and users can easily withdraw their incentives without paying transaction fees. So, if you want a mixture of rewards and easy-to-play casino games, then 1xBit might be the right platform. The game just got better for anyone entering the gambling industry with EOS now available.