Press Release: Online bookmaker 1xBit has responded to user demand and added support for the use of Solana (SOL) for its online casino.
21 March 2022, Limassol, Cyprus — 1xbit players interested in the opportunities of Solana, have asked to add the coin to the platform, and the online casino has listened, adding SOL to its ever-growing list of supported payment methods.
Players now have the chance to deposit and play with Solana and increase those bags. The most popular casino games and predicting the outcome of sports is an entertaining and satisfying way to invest in Solana. Thanks to 1xBit.com, players can now do both.
The Advantages of Solana
SOL has many advantages over other coins including lightning-fast confirmation times and over 700.000 transactions per second, depending on the underlying hardware. Solana has largely solved the scalability dilemma but still remains a censorship-resistant blockchain network.
Millions of users utilize this innovative platform daily, but that hasn’t resulted in the transaction fees going through the roof, as it has with some other cryptocurrencies. Thanks to its scalable blockchain, players can transfer SOL coins to their 1xBit accounts for less than $0.01 per transaction.
PoH Algorithm Attractive to Developers
The network’s high throughput capabilities are possible thanks to unique blockchain-wide timestamps and a Proof-of-History consensus algorithm. The unparalleled performance can mostly be felt while executing smart contracts because this blockchain can interact with tens of thousands of them simultaneously.
Solana is positioned in 9th place on CoinMarketCap in terms of market capitalization at the time of writing and is a highly liquid asset. Many developers have already taken advantage of its remarkable features, with dozens of centralized and decentralized exchanges running on top of the Solana blockchain today.
Why Play with Solana on 1xBit?
No other crypto network in the world can verify and confirm as many transactions per second as Solana can. Its ecosystem is constantly growing and spans over 100s of projects already. NFTs, DeFI, and Web3 applications are utilizing and switching to the robust SOL network every day.
SOL is one of over 40 different digital assets accepted at 1xbit, where players can gamble with guaranteed anonymity and peace of mind. Instant payouts and simple registration procedures are two of the great services that separate 1xbit from many of its competitors.
The platform’s benefits include a Welcome Bonus of up to 7 BTC for all new players. Hundreds of thousands of dollars in bonus money. Anyone can try their luck with the SOL token, and enjoy incredible speeds and cost-effective transactions.
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1xBit is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.