Deposits and withdrawals on 1xBit: How it works

The different casinos that are online offer a wide range of games and are very diversified compared to other casinos that are called traditional. 1xbit offers ways to make deposits and withdrawals very easily. The deposits et Withdrawals on 1xbit are absolutely free on 1xbit.

1xBit is a new generation sports betting site as it combines online casino and sports betting which offers a unique gaming destination for players.

Over time, the online casino popularizes in popularity and now they accept multiple cryptocurrencies.

After the article on how to create a 1xbit account, this article will help you know how you can make deposits and withdrawals on 1xbit.

????What is 1xBit?

1xBit is one of the crypto platforms which gives the possibility of accessing online casinos and also sports betting on a single platform.

Launched in 2016; it has evolved the cryptocurrency market and provides different bettors with the best betting deals using the decentralized nature of cryptocurrency.

1xBit is a platform reliable and very trustworthy. It is secure, quality and fast for people who would like to bet on casino games and sports without worrying about KYC regulations.

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1xBit offers a wide range of cryptocurrencies and industry-leading security measures like SSL encryption, which suggests a serious betting platform that aims to secure a segment of the growing market for casino games and sports betting via cryptocurrencies.

The welcome offer and time-limited promotions are very lucrative and will undoubtedly encourage many people to sign up for the platform.

The mobile application is available on both Android and IOS and offers a simple interface and many features, which is a convenient way to place bets on the go.

🌿Advantages of the 1xbit bookmaker

• Incredible promotions, especially at registration (100% deposit bonus up to 7 BTC)
• Weekly prices
• Accepts a massive range of cryptocurrencies and stablecoins
• Offers both casino games and sports betting
• Provides fair play
• Fully Regulated Platform
• Deposits and withdrawals free and instant
• Easy to use interface
• Betting insurance
• Bonus points for placed bets
• Hassle-free withdrawals
• Available on mobile

???? Disadvantages of 1xbit

Like anything, 1xbit doesn't just have advantages. It also has drawbacks or limitations.

• Geo-blocked in some regions
• Does not accept fiat currencies

⛳️ Payment methods available on 1xBit

1xBit is an encrypted site, it gives you the possibility to use several different cryptocurrency options when you already have created your account.

To make deposits into your 1xBit account, you have more than 68 cryptocurrency exchanges available on 1xBit. Depending on your country of residence, this figure may vary.

This will give players the ability to exchange fiat currency for cryptocurrency and then transfer it from their e-wallet to receive it in their 1xBit accounts.

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It is noted that the site does not charge fees for fund deposits but for withdrawals. Some crypto exchanges may charge you fees in addition to those of the network you use for your trade.

For the deposit, you have a minimum of 1mBTC and with regards to most cryptos and we have no limit for the amount you can deposit into your account.

Here are the cryptos accepted on the site :

• Bitcoin
• Bytecoin
• Litecoin
• Digibyte
• Dogecoin
• BitShares
• Sibcoin
• tron
• Ethereum classic
• Name PAXOS
• Verge
• Ethereum
• Attached
• NEM
• Dash
• golden bitcoin
• Zcash
• Qtum
• Bitcoin cash
• XRP
• Monero
• Stratus
• True USD
• USD coin

For funds to be credited to your account, you must normally 3 hours. Today there is no possibility to transfer coins to another player directly in their account.

For the withdrawal and deposit process, it is the same with some similarities on the deposit limits. The withdrawal process can be done in less than an hour.

So to conclude, we must know that 1xBit does not offer electronic or credit card transaction options but only encrypted transactions.

⛳️ How to make deposits on 1xBit?

Making deposits at 1xbit is easy. Just follow these steps below.

✔️ Step 1: Log in to your account

If you already have an account on the site, great! Log in. Once on the site click on “ To make a deposit ».

✔️ Step 2: Choice of crypto

Once you have clicked, a new window will appear so you will have to choose among the cryptos available which one you will use to make your deposit.

✔️ Step 3: Confirm the operation

In our example, we will use BTC to make our deposit and this from any crypto wallet.  

You will need to read the message carefully and please make sure that the network is the same as that of the platform you would use for coin withdrawal. If you click on the wrong network, your funds will be lost. Once you've done that, click " to confirm ».

✔️ Step 4: Copy the deposit address

If you have already confirmed the network, you will now need to copy the deposit address.

You can copy it or simply click on copy. This method is more recommended because it will prevent you from making mistakes.

Once copied you will paste it in the address field of the platform from which you will make the withdrawal.

Another possibility for you is to scan the QR code which will allow you to automatically paste the address into the field.

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Please ensure that the amount you deposit is not less than the minimum deposit amount.

Once the process has been confirmed, you will have to wait for the transaction to be confirmed.

The time for confirmation varies depending on blockChain function as well as network traffic at that time. Simply wait for the transaction to be confirmed and you will receive your funds shortly.

⛳️ How to make withdrawals on 1xBit?

Just like the deposit, the withdrawal is not complicated at all. You just have to follow the steps that we will present to you below.

✔️ Step 1: Log in to your account

The first thing you will need to do is log into your account to access the various operations.

Once connected, click on " Account ».

✔️ Step 2: choose personal profile

After you click on " Account ", a small window will be displayed disappointed, click on " Personal profile ».

✔️ Step 3: Click “Withdraw Funds”

In the new window, click on " Withdraw funds which will show you the different withdrawal methods possible in the platform.

✔️ Step 4: Choose your cryptocurrency

1xBit only has cryptocurrency payments so you only have the option of depositing Fiat currency.

✔️ Step 5: Enter your withdrawal amount

Once the choice of crypto is complete, you will need to enter the amount of your withdrawal and then enter the address of the receiving wallet.

Above all, please make sure that the network you have chosen is the native network of the crypto on the 1xBit site.

As they always say, if you take a bad network, your funds will be lost. For transactions, know that 1xBit uses the native crypto network.

✔️ Step 6: You are asked to confirm the operation.

Please note: If the information you enter is incorrect or you have selected the wrong network for the transfer of funds, they will be permanently lost.

So make sure the information is correct. Then click on “ To confirm ».

Once you have confirmed the transaction, wait for the site to validate your transaction.

???? Conclusion

Today, the world is evolving and the crypto universe is growing which is why the idea of ​​1xBit is very great because it allows everyone to become familiar with cryptocurrency.

The purpose of our article was to show you how to make deposits and withdrawals at 1xBit. The above steps show making a deposit is a simple process on 1xbit.  Go ahead, you can.

🌿 FAQ: How to make deposits and withdrawals on 1xBit ❓

✔️ Is 1xBit reliable?

Rest assured, 1xBit is reliable so you can carry out your operations without fear in complete security.

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✔️ Is there a transfer fee?

Nope ! When you make your deposit, you will not pay any transaction fees. If this happens, it means they were billed by the platform you used for the operation.

✔️ Can we make electronic payments on the site?

No ! Electronic payments are not available on the site so you will have to convert them to a crypto of your choice and make your transfer.