1xBit Offers Zero Transaction Fees and Faster Transaction Times with new EOS Support

7th October 2020, Limassol, Cyprus – Leading cryptocurrency sportsbook and casino 1xBit has announced its support for EOS transactions, enabling its users to take advantage of the cheaper, faster transactions offered by the cryptocurrency. All 1xBit users will now be able to deposit and withdraw the (delegated-proof-of-stake) cryptocurrency on the betting platform. With no transaction fees, and a blockchain capable of processing over 4000 transactions per second, 1xBit believes EOS will become a welcome addition to the already broad range of digital currencies supported by its growing brand. Why EOS? Launched by Block.one CTO Daniel Larimer in 2017, EOS is a smart contract blockchain platform, and the second biggest platform used for designing fully decentralized applications (Dapps) today. EOS utilizes a Delegated-proof-of-Stake consensus mechanism, with the prime objective of delivering the fastest, cheapest, and most scalable smart contracts in the world. So how does this affect crypto gamblers and general…

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