Xbit Coin is considered to be a new digital currency with a specific aim. The aim behind developing and designing this cryptocurrency was to implement it in the online gaming industry.
In addition, this coin has an established financial institute known as the Casino Xbit to support it. The Xbit Coin is considered as representative shares for the Xbit Casino.
In this article, we are going to review all the advantages of this amazing cryptocurrency.
What Xbit Offers to Users?
As mentioned above, Xbit Coin is accepted by Casino Xbit. Therefore, Xbit coins are known as representative of revenue shares of casino Xbit. Since, in a way all the users and owners of the coin will benefit from the casino as well.
As the casino performs better and more and more players are attracted to its games, this increases the value of the coins that are used in this casino, which is Xbit coin.
There is also the possibility to stake Xbit Coins.
With the help of this feature, all the owners of Xbit coins will be able to stake them. In the process of staking, the staked coins are frozen and transferrable. In return, users will receive an annual interest of 5 percent.
This allows gamers and all the users to benefit even more with the help of Xbit cryptocurrency.
So, as you can see there are many ways in which this coin can benefit the owners. Not only will it get more powerful as a result of the casino; an established financial institution; but there are other way, such as staking the coin, which would have annual interest for users.
Different Ways to Purchase Xbit
There are many ways for users to purchase Xbit Coin or XBT. The easiest and best way will always be to buy this coin directly from this link. This simple way will allow you to purchase Xbit Coins directly and as easily as possible. There is a simple form that you need to fill. Then you need to transfer the funds and provide proof of payment. That’s it. The purchase is finished, and Xbit Coins will be transferred to your wallet.
With the help of this Direct Buy method, you will be able to purchase Xbit in exchange for Counos X (CCXX), Tether (USDT), and Wrapped Xbit (WXBT).
As was mentioned, when you fill the form, you pick one of these digital currencies to make the payment. For instance, you can make the payment easily and quickly with Counos X, and then receive the appropriate amount in Xbit Coins.
In addition, Xbit Coin will soon get listed on Alterdice, with the following pairs: XBT/USDT and XBT/CCXX, meaning that you will be able to purchase Xbit with Tether and Counos X, and also vice versa.
Basically, many more exchanges will list Xbit soon, and other than Alterdice, ExMarkets, DexTrade, Emirex, Koopal Exchange, DEX Koopal, Counos Centralized Exchange, and Counos DEX are also among these exchanges.
Technical Info of Xbit
Xbit Coin, also known with its exclusive code XBT, has been developed based on SHA-256 algorithm. This algorithm is one of the most popular in the crypto world, with other cryptocurrencies having implemented it, including Bitcoin and other digital currencies.
Xbit Coin has its own independently run and operated Blockchain network. This is not the case for all cryptocurrencies. Many cryptos are developed and run based on other Blockchain networks. But, obviously, having an independent Blockchain network will have enormous advantages for the users.
Xbit Coin has a total cap of 1 billion (1,000,000,000) coins. All of these coins have already been mined and ready for use.
The one billion coins are distributed in the following way: 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.
Setting the First Stone for a Completely Different Gaming Industry
No one will deny that the gaming industry, especially the online gaming industry is being shaped in a new and totally different way today. This shaping and change is getting done with the help of the Blockchain technology. Of course, as we just read in this article, Xbit project is completely Blockchain-based and uses this technology in many different ways to offers a smooth and visionary platform to users and gamers all over the world.
So, it wouldn’t be farfetched to say that the very first stones of a very different future for the online gaming industry is being provided these days by the Xbit Coin and the Xbit project.