1xBit, the most wide-reaching crypto-gambling platform, has welcomed yet another cryptocurrency on board its system. The MATIC token which is the native cryptocurrency of the Polygon blockchain is now available on the revolutionary gambling platform. Users can now enjoy the benefits of the Ethereum Based layer-2 network while engaging the multifaceted betting and gaming options on 1xBit.
What is Polygon (MATIC)
Polygon, formerly called the Matic Network, is an Ethereum Based Layer-2 scaling platform. The network launched in late 2017, a brainchild of Jaynti Kanani, the CEO, a blockchain engineer, and full-stack web developer. In league with him is the current COO of Polygon, Sandeep Nailwal, an entrepreneur and a blockchain programmer. And finally, co-founders Anurag Arjun and Mihailo Bjelic.
The Polygon network seeks to provide a sustainable, structured platform that is user-friendly for scaling and developing infrastructure on the Ethereum blockchain. It supports the building of multiple dApps, thereby effectively making Ethereum an Internet of Blockchains.
MATIC, its native token, is supported by Ethereum. It provides security for the chain and is used for payments as well as settlements between on-chain users and transaction fees for side-chains. MATIC also serves as a governance token for the Polygon Ecosystem.
With the combined utility of a Proof-of-Stake blockchain mechanism and Vitalik Buterin’s proposed Plasma Framework, Polygon provides easy-to-use sustainable execution of scalable smart contracts.
1xBit: The Number One Crypto Betting platform
1xBit is the foremost crypto-betting platform recognized for its constant upgrades to its already fully stacked offerings. The platform offers myriads of games and betting options with the added convenience of multiple crypto payment choices. Some of the benefits include:
- Instant Payouts: 1xBit offers gambling and sports enthusiasts a solution to the problem online betting platforms using fiat are known for – crypto makes instant payouts a reality.
- Large Bonuses: The platform offers different promos to reward its users including the newcomers’ offer which gives first-timers the opportunity to win bonuses of up to 7 BTC on their first four deposits.
- No Charges: The groundbreaking crypto gambling platform charges users zero transaction fees for accessing the myriads of pleasurable and profitable activities available on the site.
- Stress-Free Registration: Registration on 1xBit is convenient and quick. It’s as simple as registering with your email.
- Anonymity: 1xBit guarantees full anonymity as it does not require any KYC from users.
- Diverse and Comprehensive Crypto Payment Options: 1xBit website carries more than 40 cryptocurrencies giving users unlimited payment options. These tokens include COSMOS, Litecoin (LTC), Ethereum Classic (ETC), Bitcoin (BTC), Monero (XMR), and now Polygon Protocol’s MATIC.
- Multiple Sports Betting and Game Options: Users can never be bored on the site. From fun casino games like Blackjack, Roulette, Wheel, etc., to games like Apple of Fortune, Scratch Card, and many others. There are many slot game options as well as popular live sports betting.
Try Polygon on 1xBit
It’s easy, simply follow the steps below:
- Go to the 1xBit website
- Register in a few easy steps. You can add your email to easily retrieve your password in case you lose it
- Confirm your email address
- Deposit MATIC
- Enjoy a diverse and lucrative betting experience on 1xBit
Polygon on 1xBit is a scalable, user-friendly option for game-playing and sports betting enthusiasts. Users choosing the MATIC option are in for a smooth, fun, and profitable experience on 1xBit.
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