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    Home»All»Blockchain Powered Gaming with Xbit
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    Blockchain Powered Gaming with Xbit

    JackBy JackSeptember 12, 2021Updated:September 12, 2021No Comments3 Mins Read
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    The main purpose of the Xbit project is to combine the Blockchain technology with the online gaming world.

    For this reason, Xbit project offers a cryptocurrency and an online casino. This cryptocurrency is not like all the others. In fact, it has been developed specially for online gaming.

    And the Xbit casino also incorporates many Blockchain powered aspects, including the preferred payment methods.

    Incorporating Blockchain into the online gaming field will have many advantages for gamers including more privacy and security. In this article, we’ll take a closer look into what this project brings for the users.

    Cryptocurrency

    Xbit coin is a cryptocurrency that has been developed based on the SHA-256 algorithm, which is the same algorithm that has been used to develop Bitcoin and many other cryptocurrencies.

    This coin has its own completely independent and exclusive Blockchain network. So, unlike other coins that are built based on other Blockchain networks, Xbit is a fully independent coin with its own Blockchain.

    The total cap of Xbit is 1 billion coins, which have all been pre-mined. One billion coins are created in this network.

    The one billion coins are distributed as such: 400 million coins are provided to early investors who established the casino and the development team. 400 million coins are offered to ordinary buyers. The rest of the 200 million coins are provided to the business operators.

    Online Casino

    As was mentioned above, Xbit is a project that has been developed to revolutionize online gaming industry. Xbit offers an online casino based on the Blockchain technology.

    A Blockchain-based online gaming platform completely removes all the issues with the conventional gaming industry, such as scalability, lack of privacy, security, transparency, and efficiency.

    Xbit puts power, privacy, and effectiveness in the hands of users and players alike.

    Casino Xbit has all the official and necessary permits and license. Casino Xbit is operated by Bit Gaming LLC, which is registered in The St. Vincent and the Grenadines.

    Xbit Project Is Advantageous for All

    Xbit has been developed to be used in online gaming industry, specifically at the online casino Xbit.

    Users can use Xbit to play games and make deposits at the online casino Xbit. But also, this cryptocurrency can be used as a financial tool to transfer money and assets.

    Additionally, XBT coins are also known as representative of revenue shares of casino Xbit.

    Xbit has been created for a financial service that already exist; an online casino.

    So prior to the coin, a financial service, a casino, has been already established with its special services and features. This online gaming apparatus, or this online casino accepts this cryptocurrency.

    Those who purchase this coin will receive benefits and interest from the casino. This is exactly like buying stocks in the casino. Because as the casino attracts more players and creates more revenue, the value of the coins increase as well.

    Final Remarks

    When you register in Casino Xbit, using your email, you will receive 1 free Xbit coin.

    In addition, when you sign up you will receive a bonus of your own choosing to play the game you like for free. Additionally, there are thousands and thousands of games, some of which also have free demo. So, you can play them before gambling to feel the water before going in.

    Experience live casino with real live dealers and over 4,000 slot games. All built around the Blockchain-based Xbit coin.

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