For players looking to use cryptocurrency for online gambling, 1xBit is a familiar name. However, a key question arises: Is 1xBit a legitimate platform? This article will delve into this issue to help you make an informed decision.

Licenses and Regulation

First and foremost, it is crucial to understand that 1xBit holds a gambling license from Curacao. Curacao is a common licensing jurisdiction for many online gambling companies. Holding a license typically means the platform must adhere to certain regulatory standards and regulations, providing users with a level of assurance. According to some reviews, 1xBit is regulated by the Curacao Internet Gaming Association (CIGA).

User Reviews and Reputation

Reviewing user feedback is an important way to assess a platform’s legitimacy. Some review websites indicate that 1xBit has relatively positive user reviews. For example, on Reviews.io, based on 33 reviews, 1xBit has a rating of 4.8 stars, with 94% of reviewers recommending the platform. Users praise its fast cryptocurrency deposits and withdrawals, as well as its courteous customer service. Some users also mention that 1xBit is a good option for players who value privacy and wish to avoid KYC (Know Your Customer) procedures.

However, it is important to note that platforms like Trustpilot may occasionally have some negative reviews, which is not uncommon for gambling websites. It is crucial to consider reviews from multiple sources.

Security

Security is a key indicator of whether a gambling platform is legitimate. Some reviews highlight that 1xBit places a strong emphasis on customer support and security, and the website has never experienced downtime or hacking incidents. This provides users with a certain level of security.

Crypto-Friendly

One of 1xBit’s standout features is its extensive support for cryptocurrencies. The platform supports approximately 25 different cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. This is a significant advantage for users who prefer to transact using cryptocurrencies. Reviews also mention that deposits made using privacy coins (such as Monero) enhance user anonymity.

Conclusion

Overall, there is evidence to suggest that 1xBit is a legitimate online gambling platform. It holds a license from Curacao and is regulated. Positive user reviews also indicate that many players are satisfied with its services, particularly in terms of cryptocurrency transactions and security.

However, as with all online gambling platforms, users should conduct their own research, understand the relevant terms and conditions, and gamble responsibly before participating. While 1xBit appears to be legitimate, exercising caution is always advisable.