1xBit, a popular crypto gambling site, has extended its list of accepted cryptocurrencies. The gambling venue now accepts Cardano along with 30 other cryptos, making it the most crypto-friendly gambling platform on the market.
Cardano has recently become a fully decentralized cryptocurrency, which has significantly increased its popularity with the community traditionally opposed to centralized currencies. Cardano (ADA) has grown more than 600% since the beginning of 2021, victoriously entering the list of top five cryptocurrencies. Its market cap has reached $41 billion, outranked only by Bitcoin and Etherum. Cardano’s rise mirrors that of its two “big brothers”, and we can see an increasing number of online casinos accepting ADA deposits.
The main allure of the Cardano blockchain is its security and scalability. The cryptocurrency is currently worth $1.30 – a far cry from Bitcoin’s $60,934. However, both its market cap and trading volume are surging rapidly. Some analysts believe it will replace Ether due to its superior technology and fee-free transactions.
1xBit – initially launched in 2007 under the name 1xBet – is a crypto-only casino with a massive user base. Besides the newly added Cardano, 1xBit accepts 30 other cryptocurrencies, including Bitcoin, Litecoin, Dogecoin, Ether, and various lesser-known ones. The operator behind the site is 1X – a Russian company with a Curacao eGaming license.
The crypto casino offers sports and esports betting, casino games, and lottery. Its in-house games are provably fair, which is a crucial aspect of an online casino, guaranteeing players a fair chance to win.
When we reviewed 1xBit, we were pretty impressed with the number of accepted cryptocurrencies, the quickness of deposits, and its vast game library. If you’re just entering the world of crypto betting and gambling, 1xBit is a safe first stop to test out the waters.