XBIT

Gambling

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XBIT (XBT) is a cryptocurrency launched in 2018, designed to revolutionize the online gaming world by integrating blockchain technology within the gambling industry. With a total supply of 1,000,000,000 coins and support from an established financial institution, the online Casino Xbit, the coin serves dual purposes: a utility for gaming transactions and a representation of shares in the casino. Users purchasing Xbit Coins effectively buy shares in Casino Xbit, which accepts the coin for playing thousands of games, enabling 24/7 deposits and withdrawals for an enhanced gaming experience. This unique model allows the coin to increase in value as demand for gaming within the casino rises. Post its presale, Xbit Coin will be listed on multiple exchanges, making it tradable with other cryptocurrencies like Counos X and Bitcoin. Additionally, coin holders can stake their Xbit Coins to earn annual interest of 5%. The staking process freezes coins temporarily, yielding voting rights on the Counos X Blockchain voting system. For every 10,000 coins staked, users receive one voting right, enabling participatory governance and decision-making regarding future changes and the profit system...

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FAQ

What is XBIT and how does it integrate blockchain with the online gaming industry?

XBIT is a cryptocurrency launched in 2018 to transform the online gaming sector by integrating blockchain technology into the gambling industry. Leveraging its partnership with Casino Xbit, it serves dual purposes— a utility for gaming transactions and a representation of shares in the casino. This integration facilitates secure, transparent transactions and offers a stake in casino profits.

How can users benefit from using Xbit Coins at Casino Xbit?

Users benefit from using Xbit Coins at Casino Xbit as they enable seamless transactions for playing thousands of games with 24/7 deposit and withdrawal capabilities. Additionally, holding Xbit Coins represents owning shares in the casino, allowing users to benefit financially as the demand for gaming increases, potentially driving the value of the coins up.

How does XBIT compare to other gambling tokens in the cryptocurrency market?

XBIT distinguishes itself from other gambling tokens by offering a unique dual-purpose model: it functions as both a transaction utility and a share representation in Casino Xbit. This allows users to gain financially as the casino's popularity grows. Unlike many tokens, XBIT also enables staking for annual interest and participatory governance through voting rights on the Counos X Blockchain.

What staking opportunities do Xbit Coin holders have?

Xbit Coin holders can stake their coins to earn a 5% annual interest. The staking process involves temporarily freezing coins, which grants voting rights within the Counos X Blockchain voting system. For every 10,000 coins staked, holders receive one voting right, allowing them to influence decisions regarding future modifications and the casino's profit system.

Why is XBIT considered innovative in the gaming sector?

XBIT is deemed innovative because it combines cryptocurrency's dynamic functionalities with online gaming. It allows users to gain a stake in casino profits, participate in governance through staking, and utilize a secure and transparent blockchain-based platform. This unique blend of investment and gaming elements sets it apart from traditional models.

Where can I trade Xbit Coins and are there any associated benefits?

After its presale, Xbit Coins will be tradable on multiple exchanges alongside cryptocurrencies like Counos X and Bitcoin. Benefits of trading include the ability to capitalize on market fluctuations, while also using the coins within Casino Xbit. The potential value increase in coins presents investment growth opportunities for coin holders.

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