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With the latest upgrade on its database, you can use Toncoin as a payment method on 1xBit. Toncoin, one of the few established cryptocurrencies, has proven itself a remarkable asset – a blockchain platform from Telegram founders who initiated the Telegram Open Network (TON) founded in 2018. Today, the network has moved from Telegram to the birth of the new TON, which stands for The Open Network with Toncoin as the native cryptocurrency.
These latest developments prove that the crypto betting site is determined to offer a more inclusive platform for every bettor.
Changing the Narrative: How Toncoin stands out
Scalability has always been a hot topic in the cryptocurrency realm. Bitcoin may have been a revolutionary project, but once the possibilities that the world could achieve with crypto were seen, and how Bitcoin appears primitive in this regard, there was a clarion call for the development of other projects that could solve this underlying problem of scalability.
Although Ethereum and Solana appear to have answered the eternal question, they still lack some functionalities. Thus, Toncoin stands out and remains the best positioned to solve the problem.
1xBit added Toncoin as a payment method because the platform envisages the role that its blockchain ecosystem, TON, will play in the future. Even an analysis from Coinmarketcap reveals that TON has all the potential it needs to create the futuristic Web 3.0 – an upcoming generation of the internet where software applications will process information in a smart human-like way.
Some of the advantages provided by the use of Toncoin are:
Fast Transaction: Toncoin transactions are like no other, a revolutionary project that allows millions of transactions per second with no queue or lag.
User-Friendly: The Open Network explores a smoother way of making transactions more convenient for users. For instance, with TON DNS (Domain Name Service), you will be able to send and receive Toncoin with human-readable names rather than random strings.
Decentralized: As many crypto projects are becoming more centralized in the hands of a few individuals, TON returns the power of voting to the users to become a self-governing financial ecosystem.
Current statistics show that Toncoin has amassed an enormous following and currently trades at over 1.2 USD with a market capitalization of more than 1.5 million USD. The cryptocurrency is also accessible in major crypto exchanges like OKX, FTX, etc.
Toncoin is something crypto enthusiasts should check out on 1xBit as it has been gaining popularity for a while now.
What 1xBit Can Offer
1xBit is a cryptocurrency gambling site with over 40 crypto assets, including Toncoin, available as a method of deposit or cash out. The online sports book is all for the fun of the game; there are options for betting, Esports, live casino and slots.
The user experience on 1xBit is superb, from the registration process, which requires only an email, to the cashout process, where the waiting time is insignificant as you can get your earnings within an instant.
You also get to enjoy a welcome bonus of up to 7 BTC for your first four deposits on the gambling site. Apart from the welcome bonuses, every member on 1xBit gets to experience what it is like to transact with zero fees and access to monthly tournaments.
Your privacy is best secured with crypto betting sites, especially 1xBit, a unique crypto online sports book that ensures total anonymity for every transaction and action taken on the website.
Be the first to try the new token on 1xBit, do not miss the opportunity to try Toncoin and become part of this futuristic community.