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Homepage/Crypto 101/1xBit Review | Bitcoin Gambling Website
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1xBit Review | Bitcoin Gambling Website

·3 MIN READ·

1xBit is one of the leading Bitcoin Sportback and Bitcoin casino websites which has increased its popularity and number of users significantly since it was first introduced in 2011. This simple Bitcoin gaming platform and casino offers you a variety of activities to bet on and a myriad number of games. Live basketball, Ice hockey, soccer/football matches, cricket, baseball, Rugby horse races, Formula 1 and more are few of them on which you can bet in real time (live) basis through an integrated virtual TV facility. There is almost every single game you can possibly think of. The web-based platform works seamlessly, letting the player bet quickly without any glitches. Let’s have a look at different aspects of 1xBit to determine where it stands among other online Bitcoin betting websites.

KEY FINDINGS - EVIDENCE LEVEL: MULTI-SOURCE
7Key sections mapped in this report
3Internal references connected to related coverage
12External source domains cited in the article
3 minEstimated time to read the full report

Supported cryptocurrencies & payment gateways

1xBit is strictly a Bitcoin betting site but it allows you to deposit and withdraw in the form of 18 cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Dash, Monero, Verge, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, Zcash, Sibcoin, NEM, and a few more. Most of the payments are done via Bitcoin without any sort of fees. Also, they do not accept credit/debit card and wire transfer for deposits or withdrawals.

A wide range of games & unique features of the platform

It has a wide range of high-quality live casino games, sports, eSports, poker and slots which is a fully stocked section of the site and is divided into other subcategories. You can check out the games on their website.

However, the great and funny thing about 1xBit is that they offer a reward for losing. If you collect 20 losses in a row, you can get a bonus according on how much you staked. Their multi-live features allow the users to add up to 4 games and bet on all of them at the same time without opening an individual tab for each of them. The user can see four different events happening at the same time.

www.1xbit.com

Bonuses

There is a range of bonuses and referral programs through which users can earn a micro portion of BTC. For new users, 1xBit offers 100% bonuses up to 1BTC.

Support and security

1xBit offers rock-solid customer support with their customer service number and live chat feature. When it comes to security, the site uses a state-of-the-art SSL encryption software to keep the user information safe. Though, there are many details available regarding their cryptocurrency storage.

Licensing and registration

As far as licensing and registration are concerned, there is no concrete information on whether 1xBit is holding any gambling license or not and if it was even registered or not.

Pros and cons

Pros:

  • A wide array of games
  • Variety of supported cryptocurrencies
  • Virtual TV and Multi-live features
  • Huge bonuses and affiliate programs
  • Rock solid support
  • Android and iOS gaming app

Cons:

  • No credit/debit card and wire transfer for payment methods
  • Website UI needs improvement

Conclusion

1xBit is a proper option for those who are both interested in betting online and holding Bitcoins to invest their money. At the time of writing, BTC is traded at $6,589.70 and has a market cap of $114,043,270,396 (according to CoinMarketCap).

SOURCE TRANSPARENCY
  • External Source - Referenced domain: 1xbit.com
  • External Source - Referenced domain: dogecoin.com
  • External Source - Referenced domain: dash.org
  • External Source - Referenced domain: getmonero.org
  • Byline - Reported by Adriana Mavrenko
  • Coverage Desk - Primary editorial category: Crypto 101