BTC is the main cryptocurrency on the market and remains equally one of the best cryptocurrencies to bet on as well. The coin offers numerous advantages that make it excellent for placing bets and amassing generous returns. Since the creation of Bitcoin, it has revolutionized online gambling by facing all the difficulties that traditional gambling players faced..
This is the reason why all online sportsbooks include BTC as one of their payment methods. But before moving on to the full Bitcoin guide, there are a few things you should learn.
What is Crypto Gambling?
Nobody could have imagined the revolution that was going to happen in the gambling environment. Before the birth of cryptocurrencies, traditional gambling was the only thing around and players had to weather many challenges throughout the gaming process. But cryptocurrencies changed the game and offered good opportunities for players without compromising their identity..
To clarify things, crypto gambling refers to the type of online gambling that performs its operations and activities based on cryptocurrencies. While some online casinos and sportsbooks offer BTC as the only supported cryptocurrency , another platform like 1xBit accepts BTC and 29 other cryptocurrencies for its gaming operations.
Online Bitcoin and crypto betting in general are popular for many reasons. However, one that stands out is the way in which transactions go really fast. Players want to play multiple games, especially live games, instantly and without lag. This was a problem when cryptocurrencies did not exist and traditional transactions could take up to 7 days, or banks freeze accounts and compromise processes at will. But with the best cryptocurrency betting sites, everything is much better..
Which are your principal functions?
It is necessary to maintain security, speed and discretion in betting to ensure a process without traceability or problems. This is the reason why Bitcoin is a king in the crypto category because it has years of advantage in the market. This impacts its stability and massive acceptance. Here are the main functions that Bitcoin fulfills.
Security: Blockchain technology is one of the safest means of conducting transactions. Bitcoin takes advantage of this technology for optimal security, also ensuring the custody of your assets. Once you learn how to use your passwords correctly and store your coins, for example using cold storage, you have nothing to worry about.
Privacy: Bitcoin protects your private data. Some people prejudge players so why let them inform themselves. Also, staying anonymous makes the game fun so why not?
As Bitcoin offers an impressive level of anonymity, it is undoubtedly a favorite in the world of gambling.
Instant Payments: Whether you are making payments or withdrawing your winnings, it can all be done in a matter of minutes. Bitcoin's incredibly fast nature is why it leads. This makes more sense because players have to be able to fund their accounts as quickly as possible, and Bitcoin does just that.
Profitable: While traditional banks charge high fees for transactions, the rates paid in bitcoin are much cheaper. Since players transact a lot, the smartest choice is to use Bitcoin because you will save more of your winnings. 1xBit even allows you to operate with multi-accounts so you can switch between different cryptocurrencies with ease.
Designed for Online Gambling: When Nakamoto created Bitcoin, the cryptocurrency was specially designed for online use. This is the reason why it brings multiple advantages that seem perfect for online gambling. This is not the case with credit cards, which were primarily invented to work with traditional banks.
Thus, thanks to its efficiency for online Bitcoin betting, Bitcoin takes you much further as a player and allows you to achieve greater prosperity with your bets more quickly. All you need to get started is to create a crypto account. You can read more about it here .
Advantages of using BTC in Crypto Gambling
Security and privacy are two main functions of Bitcoin. Online gambling platforms that wanted to change the betting narrative turned to this technology that gave Bitcoin its power. It is the reason why 1xBit remains as a reference platform since it takes advantage of blockchain technology for its users' transactions and gaming activities.
Even since 1xBit came on the scene, sportsbooks have continued to offer an incredible amount of new functionality with hundreds of power-pack games . To get the most out of BTC in all these games you need to have an efficient betting platform. 1xBit closes this gap by offering unbeatable advantages for its users through its intuitive website.
Record
Register in 1xBit with a simple click, which is all you need to access the registration page and generate your login details. Your details are extremely safe thanks to the fact that the platform uses blockchain technology. Once you sign up, you can browse the platform and bet on up to 4 games at a time.
Selecting a Crypto Wallet for BTC
Setting up your cryptocurrency portfolio for BTC only takes a few seconds. Visit "My Account", continue with "Account Settings", choose "Your Wallet" and select the BTC from among all the cryptocurrencies shown in the list.
Bet on Events
When you access 1xBit, it is a totally different world in itself. It is the place where the best players are made, and their dreams of prosperity come true. The platform offers you numerous events with a great journey in offering its players first-rate experiences. You can select any event of your choice from a more extensive list:
Review the conditions, choosing the one that best suits you
Choose the amount you would like to bet and play!
You will also start on the right foot with a welcome bonus of up to 7 BTC online pay. This is just one of the many benefits you will get.
conclusion
With 1xBit, your betting dreams come true, and your reality becomes money in your account. Start your journey with 1xBit using bitcoin bets today. Take advantage of your cryptocurrencies.
