Facts You Should Know About Crypto Casinos
Bitcoin was the first major cryptocurrency to be offered, but it is not the only one. There are other cryptos as well and every month new crypto hits the market. But not all of them are able to be listed on different exchanges. You see, there are various factors that make a crypto coin successful.
No matter, which crypto you use, they generally offer privacy, security, and anonymity. It is also a fact that all the crypto coins including Bitcoin are volatile. But still, there are providers who accept digital currency as payment methods.
Gambling is another industry that adopted virtual currency as a deposit-withdrawal method. It allows the gamblers to use their digital coins to place a bet such as Casino Xbit.
Many Casinos Now Support Crypto Payments
We still remember the time when Bitcoin launched and for years, people didn’t think that they could actually use it to make payments. However, you can do this during the last few years. In the majority of casinos, you can make payments using digital currencies. All of the mainstream companies have dedicated to go for crypto payment interfaces, where customers can make payments through secure channels. There are various reasons that people want to pay with crypto, and this has increased the number of online casinos accepting cryptocurrency payments.
Fast & Anonymous Fund Transfer
One of the major reasons that people are adopting the payment with cryptocurrencies such as Xbit Coin is anonymity. As these cryptocurrencies are decentralized and independent, it keeps the transaction hidden from credit card companies – they don’t like gamblers. They see them as a risk and avoid giving them any loan which can cause problems while applying for a mortgage. Furthermore, any transaction occurs between two sides – there is no third party that can decipher the transfer. That is why the transactions are rapid and offer privacy. Another factor is the cost of transactions. Furthermore, many casinos reimburse fees for deposits, which means you don’t lose money while paying with a crypto coin, and the same case is true with withdrawals.
You also need to know whether gambling is legal in your area or not. You can check the local laws, there is a chance that it is legal but there is no Casino yet. If it is then you can join Casino Xbit, and buy some crypto from Koopal Exchange, DEX Koopal, Counos Centralized Exchange, or Counos DEX and start playing games.
What is Xbit Coin?
Well, it is a cryptocurrency with a fully independent Blockchain network. It is specifically designed to create a revolution in the gambling world and gaming industry. If you are assuming it is a visionary digital coin then you are not wrong. It is not just a financial but a technological wonder. Furthermore, there is a financial establishment backing and giving power to this coin. There are high chances that its price will go higher rapidly in the future. It is specifically designed for online gaming and backed by Casino Xbit.
It also means that it represents revenue shares in the casino.
Benefits of Xbit
You need to buy this coin to play games in the Casino. You can play thousands of different games in the casino. That is what makes it so unique in the world of gambling. Furthermore, it represents the revenue shares of the Casino, which means the price will go up as more people will buy it to play games in the Casino.
As more people will play games, the more revenue Casino will make which in return increases the value of the coin- making it even stronger. That is the main reason that it is listed on many credible exchanges. If you are not into gambling then you can stake the coin. You will receive an annual interest of five percent every year.
How One Can Buy Xbit Coin?
There are lots of ways to buy this coin. You can buy it from this Direct Method which is the recommended method. You just need to fill up a simple form and provide proof of funds. The coins will be transferred to your secure wallet. You can select different currencies like USDT, WXBT, and CCXX to make the payment. You will also be able to buy it from the Alterdice exchange soon.