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1xBit Licences & Seals of Approval. Is Your Data Safe?

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Bitcoin sports betting is steadily gaining popularity and 1xBit is one of the operators in the sector. The online bookmaker allows punters to bet with different digital currencies besides BTC, including Litecoin, Dogecoin and Ethereum. 1xBit is a regulated sports betting website, meaning that it operates under certain standards.

The betting platform has various bonuses and promotions. It also offers various sports, including football, tennis and basketball. This 1xBit review looks at the sportsbook’s registration status to help bettors make informed decisions before using it.

Licences and Seals of Approval Held by 1xBit

When comparing the best betting sites, licensing is one of the elements to consider. You must be certain that a bookmaker operates according to industry standards. 1xBit holds a licence from the government of Curacao. Most cryptocurrency betting sites do.

Blockchain gambling websites don’t require regulation due to the decentralised nature of digital currencies. Nonetheless, some sites like 1xBit still register with regulatory bodies. However, information about the official licence of 1xBit is not on the website, making it hard to verify.

The 1xBit betting site doesn’t show any seals of approval. It doesn’t indicate if it partners with any responsible gambling agencies. However, the general terms cover the subject of gambling-related harms and safe betting adequately. For an operator that has been in business since 2016, it’s surprising that the site doesn’t have any certificates, seals or licensing information.

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Where 1xBit Operates Legally

Persons over 18 years or the age of majority can create accounts on 1xBit if the site is legal to use in their regions. The operator is available to use in many countries and territories, with only a few exceptions. Greece, Cyprus, the UK, Sweden, Poland, Turkey, Switzerland, Israel and the USA are the restricted countries. The betting website remains available in regions where online sports betting is illegal. Thus, it falls to the customer to ensure compliance.

The availability of 1xBit doesn’t constitute official authorisation. Before using the platform, punters should check local laws to make sure they don’t prohibit online sports betting or cryptocurrency use. Even though the bookmaker might be available in your region, using it against the law gives the operator the right to close your account and withhold any deposited funds.

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Written by:   Terry Riley

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