As the World Cup draws in, crypto gamblers must know the different currencies through which they can place bets on their favorite events. Although there are hundreds of crypto coins, it’s essential to know the best options as a bettor. Since you would be holding some funds in these tokens, you should do some due diligence to choose the right ones.
Consider the coins discussed below if you want a fast, anonymous, and safe World Cup betting experience. These coins have different perks that make players confident in their value-holding abilities. The coins also provide you with some sense of safety, so you may not have to keep transferring your funds from one token to another.
Founded by a person or group under the name Satoshi Nakamoto, the Bitcoin protocol is a decentralized project that allows users to transact in a peer-to-peer fashion. All users are equal and can conduct their transactions without needing intermediaries.
The project’s whitepaper describes it as a cryptocurrency allowing online payments to be sent directly from one party to another without going through a financial situation.
The Bitcoin token is the native currency of the project. A unique feature of this token is its first place in the entire cryptocurrency industry. Therefore, it has buy-ins from thousands of investors currently holding the asset. What we know as the entire cryptocurrency industry today is built on the ideas started by the Bitcoin project.
All these features and backdrop contribute to the coin’s value in the market. Most investors are confident that even if the price drops, it will always regularize itself.
Vitalik Buterin, alongside his co-founders, created Ethereum and described it as an open-source blockchain that supports DApps and allows developers to build on it. Ethereum has become a household name in the cryptocurrency space due to its central role in other projects. Hundreds of creators have launched their projects on Ethereum.
The Ethereum project has created the concept of a smart contract platform. These smart contracts are automatic executors of transactions to ensure several parties can interact simultaneously while eliminating the need for intermediaries. Additionally, the Ethereum platform holds other ERC-20 tokens, with more than 40 of these tokens listed in the top 100 tokens category.
The quest for stability in cryptocurrency led to the creation of Tether USDT. This token mirrors the value of the real-time dollar to provide investors with an asset through which they can retain the value of the funds.
Tether USDT is backed against the dollar and offers a great confidence level to investors looking to hold their asset’s value while determining where to invest. The mission of the token has been described as combining the unrestricted nature of cryptocurrencies with the stable value of the US dollar.
This token helps to hedge inflation. It also allows you to focus on creating investing or betting strategies without worrying about whether your asset is dwindling.
1xBit: All Needs in On Place
1xBit, the leading and most promising sportsbook, offers you all three tokens listed above and many more. This allows you to have a diversified portfolio of assets, letting you invest across different assets and also make swift bets. The sportsbook doesn’t require you to first convert your crypto to fiat before switching to another coin. You can move across different assets seamlessly. With access to BTC, ETH, and USDT, you have all your needs in one place.
Yet, it doesn’t end there. 1xBit provides live betting and a huge sportsbook, allowing you to watch your favorite games, access many live dealers, and enjoy an immersive betting experience.
You also enjoy numerous tournaments. 1xBit wants you to profit from your passion, so there’s always one or more tournaments available. You can now join the Ticket Rush event to win a share of the 3 BTC prize pool.
Your immersive experience further involves complete anonymity while playing, swift transactions, and a Welcome Bonus of up to 7 BTC.
Prepare for the World Cup 2022 crypto gambling by choosing the right tokens. 1xBit has all the top tokens and more for you.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.