Betting is a popular way of spending time, which will allow you to not only play at your pleasure but also to win good money. You can find quite a lot of betting companies, including those, that offer bitcoin sports betting. Some users are concerned about the fact, that all operations must be carried out in cryptocurrency. Such doubts are not unfounded, fraud is possible. In order to be sure of the selected bookmaker, you must adhere to the following recommendations:
- Choose companies, that are officially licensed. The presence of this document means, that their activities are regulated. If necessary, the player will know where to complain.
- The bookmaker should present several options for conducting transactions, even cryptocurrencies. If the payment services are known and reliable, then we can assume, that the transfer of funds or withdrawal will be successful.
- A large selection of entertainment is also important. Variety is always good, especially in bets, lotteries and slot machines.
The ability to bet on sports is provided by almost all bookmakers. Football, tennis, cricket, basketball – these sports are widespread and have a large audience, because betting companies provide the opportunity for bitcoin sports betting. And the 1xBit bookmaker can be called a reliable option.
This bookmaker has an official license, stable operation of payment systems, a wide range of offers for both betters and gamblers. The site works for different countries, as it has 46 language versions for the convenience of users.
Sports betting, slot machines and bitcoin lottery 1xbit.com
The 1xBit bookmaker offers a lot of interesting options for those, who want to plunge into the world of bets and slot machines. You can also freely participate in bitcoin lottery 1xBit.com. In a special section there is a list of available games:
- “Wheel of Fortune”;
- “Daily lottery.”
Players need to buy a ticket, which will then be raffled off. The results will be announced on the website on the day of the draw. If the ticket in the “Daily Lottery” did not work, then you can try your luck in the “Monthly Lottery” once. Naturally, all 1xBit bitcoin lottery wins will be credited without delay. The site presents lotteries from different countries, so players can choose the perfect option for themselves. The company creates the most favorable conditions for its customers so that you play with comfort, while successfully earning.
Reaching true Bitcoin anonymity through the use of mixers
There used to be a time when Bitcoin transactions were considered fully-anonymous. Back then, cryptos were only getting started, and Bitcoin was pretty much the only one that was used, apart from a handful of the first altcoins that followed. However, as the crypto industry continued to develop, current blockchain analyzers were created, and it became clear that Bitcoin’s transparency also includes tracking the coins’ movement, even when you are simply withdrawing them from your exchange to your wallet.
What are Bitcoin mixers, and why do you need them?
Bitcoin mixers, as the name suggests, are online services that mix Bitcoins in order to disrupt their traceability.
Let’s say that you have a certain amount of BTC in your wallet on your crypto exchange of choice. With all the exchanges having to follow KYC/AML procedures, that means that you need to verify your identity, so that the exchange — and therefore, the authorities — will know exactly who you are and how much money you earned through trading and investing.
Once you withdraw those coins to your wallet, blockchain analyzers can track the transaction, and so your wallet…
The Bitcoin Meltdown is Chance to Double Your Bitcoin
Most of the cryptocurrency holders have never felt a day so bad.
After a blustering day of trading which saw Bitcoin price drop from $7,950 to $3,800, the massacre caused the worst sell-off to set a new 2020 low which not seen since April 2019.
The history of bitcoin only has a day in 2013 to compare a 40% fall, at that time bitcoin once dropped from $266 to $50, that was also a day when despair defeated the belief of bitcoin and almost no one could foresee bitcoin can recover and prices will reach $10,000 in a few years.
“Be fearful when others are greedy and greedy when others are fearful.” This is what Warren Buffett said about stock market and you can see the stock market never dies, it is just rise and fall happen in a different order at different times.
So it is with bitcoin. The bitcoin meltdown is a chance for a few bitcoin traders while the others are running away.
One typical way is to short bitcoin. Futures trading allows traders to make profits out of the future price difference of the derivatives. However, when during horizontal movement of prices, futures trading may gain you fewer profits to cover the possible loss of the margin.
Trusted Crypto Tumbler To Protect Your Wealth
Back when Bitcoin originally emerged, over 11 years ago at this point, cryptocurrency transactions were believed to be fully anonymous. This belief stuck around for years to come, but today, we know that, in most cases — this is no longer the truth.
Since the invention of blockchain explorers, it became possible to track every Bitcoin transaction, all the way back to the genesis block. This came as a part of blockchain transparency which promises to eliminate corruption, theft, and other such issues.
However, there is still a need for a certain level of privacy, as people like to keep their wealth to themselves, and not let everyone know how much money they have, or how much they sent for whatever purpose. This is why many are now using crypto tumblers, or mixers.
What do crypto mixers do?
As the name suggests, crypto mixers/tumblers mix up the coins in order to hide/disguise/make it difficult to discover where the coins came from. Things like the amounts, transactions, and wallet addresses to and from which the coins travel are fully traceable, which is why tumblers exist.
In a way, you could say that mixers can add an extra layer of privacy while using Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies. There are many Bitcoin mixers