Statistically, more than 50% of the world population has thought about making money from gambling. The introduction of online betting made it easy for a lot of people who are previously afraid of being tagged a ‘gambler” to partake in the industry. Unfortunately, this increase in users means bookies, especially those operating an online casino, now go beyond their legal jurisdictions in order to make sure gamblers lose money. Being a closed system whereby only the casino knows what the winning numbers are, and can change it at will, every advantage is now stacked against players.

This is why the introduction of blockchain technology into gambling space is a welcomed idea. Blockchain technology as we know it is synonymous to transparency, apart from its superior nature. This is one of the reasons why a gambling platform like 1X2 Coin is gaining more attention than the traditional platforms of late.

What is the 1X2 Coin platform?

The platform consists of two, fully functioning entities. The first is a crypto-based, global Sportsbook. Launched in May 2019, it has already become the world’s largest crypto Sportsbook, in number of events carried, and in the amount of available odds for betting. The second is a professional grade casino, which was launched in July 2019. All casino games are created from scratch, and are provably fair. Both the sportsbook and casino are designed to accept and pay its users using cryptocurrency.

The 1X2Coin

Just like with most crypto based projects the 1X2 Coin project also has its own native token— 1X2Coin. The coin is used on the platform for deposit and withdrawal. The Sportsbook uses 1X2Coin exclusively, while the casino has the option of using 1X2Coin or Bitcoin.

Currently the coins can be acquired from exchanges such as CryptoBridge and Finexbox. To make it easier to buy and sell the 1X2Coin, the team has made it known that they will be launching a P2P trading platform, which will allow anyone to buy & sell 1X2 without the need to go onto an exchange. This platform is going to take the form of a traditional Bitcoin Peer-to-peer exchange like local bitcoin.

Once officially launched, there will be direct buying/selling of 1X2 with the following planned trade pairs: Crypto: BTC, BCH, ETH, LTC and XRP. Fiat: PayPal, Alipay, ApplePay, GooglePay, AmazonPay, Skrill, Webmoney, Neteller and Payeer. Other trading pairs will be added, including possibly fiat itself.

The 1X2Coin

Just like with most crypto based projects the 1X2 Coin project also has its own native token— 1X2Coin. The coin is used on the platform for deposit and withdrawal. So whether you are using the Sportsbook or the casino, all transactions will be done using the 1X2Coin.

Current Statistics

The growth of 1X2 Coin has been rapid compared to its rival projects. The platform’s sportsbook has received a deposit of more than 350,000 1X2 Coins from about 500 active users, with almost 10,000 tickets. The casino, on the other hand, has received more than 1000 active users for the month of October with a total withdrawal of 117113 1X2coin. The total games played on the casino is 5,199,174 for the month of October.

For a platform which recently celebrated its first anniversary, these numbers are beyond impressive. Very few crypto platforms can boast of making money within such a small period of time.

Apart from recording 1000 registered players mark on its casino, the platform’s brand-new slots game Fortune Fruits saw a ton of plays, in spite of only being up for 3 weeks.

Monthly Bonus Program

The platform offers a monthly bonus program whereby prizes go to the most funds played.

The November Promo will be as follows:

1st place (one winner in each): 1000 1X2 / 0.1 BTC

2nd place (one winner in each): 500 1X2 / 0.05 BTC

3rd place (one winner in each): 250 1X2 / 0.025 BTC

So, for the most funds at play in BTC, 0.1 BTC will be awarded to the 1st place winner. A completely separate 1st place prize of 1000 1X2 will be awarded the same way, to most monthly funds in it.

Within a year, the 1X2 Coin platform has achieved most of its key milestones and the platform is making new records on a monthly bases. These are clear signs of a project worth investing in. With several partnerships and exchange listing underway now seems like the perfect time to buy some 1X2 Coin.