Solana (SOL): Joy and enjoy a new payment method on 1xBit

Last updated March 22, 2022

Recently, 1xBit surprised its community with a surprise. They have added a new cryptocurrency to their list, Solana.

The betting platform offers multi-currency crypto accounts, allowing customers to choose from 40 different cryptos. Now the SOL coin opens up new possibilities for crypto members to discover its various advantages and its uses through the 1xBit.

What brings Solana to 1xBit?

In 2022, Solana is one of the cryptocurrencies that everyone should try and use regularly as it provides essential benefits to the crypto market.

Founded in 2017, Solana is known as a public, open-source network that enables smart contracts, including NFTs, and a wide variety of decentralized applications.

Essentially, it is a blockchain platform intended to run decentralized, scalable applications. And, unlike competing blockchains like Ethereum, it can handle a lot more transactions per second and has significantly lower prices and transaction costs.

At its core, Solana uses a revolutionary technology known as Proof-of-History (PoH).

In terms of tokenomics, there are now 320 million SOL coins in circulation, with a total supply of 511 million. Solana also distributes a predetermined number of inflation-based rewards in its weighted validator set, protecting the Solana network. Each payment is weighted according to the number of coins wagered.

And when it comes to the coin, it serves two functions: first, holders can use SOL to wager and get rewards; second, users can pay for fees associated with running smart contracts or other activities.

1xBit the leading crypto gambling platform

Since 2016, 1xBit has been providing its members with the most exciting sports events and casino games. They have a huge collection that will appeal to any player.

The platform only accepts cryptocurrencies and has collected practically all types of bets on a single platform, and most unexpectedly, 1xBit has a lot of surprises.

An example is that 1xBit offers all newbies a welcome bonus of 7 BTC. All it takes to get your hands on the goodies is to register with your email address.

Second, there are several options available to you such as gambling, sports betting, lotto games, political betting and even lotteries.

Last but not least, 1xBit organizes various tournaments in which everyone can participate and win exciting prizes.

This is your chance to join the 1xBit community and even gamble with Solana.

Follow 1xBit on social media to see their upcoming events and everything they have planned.

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