Payment Methods, Currencies And Limits
Online sports betting firms have integrated cryptocurrencies on their gaming platforms since the evolution of cryptos. 1xBit is one particular sportsbook that embraces cryptocurrencies as a payment method. 1xBit is the largest cryptocurrency sportsbook that only allows players to fund their accounts using cryptocurrency. This review of 1xBit analyzes the different payment methods the bookmaker offers.
Despite the popular Bitcoin, the variety of payment methods at 1xBit is phenomenal. 1xBit’s payment platform has 21 different cryptocurrencies to select from. These cryptos include Litecoin, ZCash, NEM, Digibyte, Verge, TRON, Dogecoin, Dash, Ripple, Chainlink, , and Stellar. Others consist of Bitcoin Gold, Bitcoin Cash, Ethereum Classic, Bitshares, QTUM, Ethereum, Monero and OmiseGO.
Unlike the traditional payment methods, using cryptocurrencies to fund your account is slightly complicated. However, has numerous cryptocurrency exchangers make the task a lot easier. Once you are on the deposit page, click on the red ‘Buy Crytocurrency’ button and select one from the various options.
Depending on the type of crypto selected, there is a minimum deposit amount required by the sportsbook. For instance, the minimum deposit for Bitcoin is 0.01 mBTC while the minimum limit for Litecoin is 4 mLTC. For those players who opt to use Ethereum, the least amount accepted is 50 mETH, 3 mDASH for dash and 2.20 DOGE for Dogecoin. Similarly, the sportsbook has minimum withdrawal limits depending on different cryptocurrencies but no withdrawal cap.
How Can I Change The Operating Currency On My Account?
Most bookmakers withdrawal methods are limited to the payment method used during registration. However, as the leading cryptocurrency sportsbook, players can create a multicurrency account. Regardless, of the primary currency, a multicurrency account allows players to convert currency and fund their accounts.
The multicurrency feature enables punters to add any supported crypto as a subsidiary account and wager with any without the need to convert. To do this, 1xBit requires players to add an extra cryptocurrency wallet under account settings.
At the account settings page, go to ‘Your Wallets’ tab and select the currency of your choice from the drop-down menu. Then click on the add button and the new currency is added immediately as a secondary account.
From the menu, the sportsbook allows players to change the active currency from a multicurrency account. However, only one currency at be used at a time to wager on your favourite games.
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