FunFair Applies for Isle of Man Blockchain Licence
August 15, 2019
FunFair Technologies has applied to Isle of Man Gambling Supervision Commission for an inaugural Token Based Software Supplier Licence.
1xBit sportsbook and casino go back as far as 2007. During the years, the company fine-tuned the platform on multiple occasions by partnering with elite gaming developers such as Microgaming and Betsoft to offer cutting-edge casino games. Originally advertised only as a Bitcoin sportsbook and online casino, 1xBit actually accepts wide array of cryptocurrencies as a base currency on the site. On top of the usual sportsbetting and casino action, players can opt-in on live events as well as resourceful virtual games.
1xBit’s casino is indeed a one-stop shop for casino enthusiasts who like versatile environment with array of events, sports and games.
Whereas 1xBit boasts immense game library and payment methods, other player-centric features of the platform have been set aside. The platform doesn’t feature any gambling licenses, which puts its legal operation into question.
Around-the-clock support for all players is available at 1xBit. The betting portal can offer that support via live chat and email in many different languages.
Response times are quick, and e-mail and in-depth FAQ support are also available if you wish to go down an alternative route.
Once you sign up with 1xBit, you qualify for the first deposit bonus. Simply load at least 5 mBTC to your account to get a 100% bonus up to 1 BTC. Keep in mind that for your bets to count in the rollover, you should place bets using only single and accumulator bets with odds of at least 1.60.
You can also earn cashback rewards upon your first deposit. To qualify for this deal, just deposit 5 mBTC and above into your account then choose Bonus Points for Placed Bets. 1xBit will then open a bonus points account for you. To increase your points, simply place bets on any sports match. The casino will award you with $15 for every 500 bonus points, which you can convert into funds for your main betting account.
Besides these two main bonuses, you can find many promotions on 1xBit. There are bet insurance deals, daily bonus games, and accumulators of the day. You will also find a Promo Codes Store which lets you activate deals by keying in a code.
|Cryptocurrency||BCH, BCN, BTC, BTG, BTS, DASH, DGB, DOGE, ETC, ETH, GAME, LTC, NEM, QTUM, SIB, STRAT, XVG, ZEC|
|Minimum Deposit||1 mBTC|
|Minimum Withdrawal||10 mBTC|
|Languages||Avestan, Azerbaijani, Breton, Bulgarian, Croatian, Dutch, English, French, German, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian-lettish, Lithuanian, Macedonian, Malay, Mongolian, Norwegian-Bokmal, Polish, Portuguese, Romanian, Russian, Sami, Slovak, Spanish, Thai, Turkish, Vietnamese|
As mentioned, 1xBit stands as an all-in-one casino platform where players browse through immense game libraries among different sections. Sports fans, live casino lovers and traditional casino revellers can all get a share of the action at the website, and all with the same account, no less.
All aspects from signup and playing to depositing and withdrawing have been streamlined to offer the best experience for 1xBit players.
When signing up for an account, players are asked to select their desired currency. The options include mBT (milli-Bitcoin), DTC (Dogecoin), GAME (Game Credits), XEM (XEM/NEM), mDASH, mLTC, mETH, mXMR, mZEC or FUNC.
Although customers must select their desired cryptocurrency to be used on the website, this does not mean they are restricted to depositing through that method. There are in fact 18 different cryptocurrencies to choose from, namely Bitcoin, Litecoin, Dogecoin, Dash, Ethereum, Monero, ZCash, GameCredits, NEM, Bytecoin, Sibcoin, DigiByte, Bitcoin gold, Bitcoin cash, Ethereum Classic, FunCoin, BitShares and xGox.
If using a different deposit method from the base cryptocurrency chosen when registering for an account, then 1xBit will convert the currency while reserving the right to impose a charge when doing so.
After experiencing 1xBit crypto gambling environment first-hand, we only have words of praise and thumbs up. Sportsbetting events feature very competitive odds and a wide array of betting options. Casino section is even more enthralling. Major casino game providers have been showcased offering all top-ranked games including Wizard of Gems, Viking Voyage, Golden Tiger and many more.
Add to that the generosity of the sign-up bonus and the functionality of the mobile app, and 1xBit score highly in most departments. One suggested improvement would be to make their site a little more minimalist and coherent.
Have you played in this casino? Share your own 1xBit review below!