22 Aug 2022 · 3 min read

Proof-of-Stake-powered Cryptocurrency COSMOS Launches on 1xBit

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Press Release: COSMOS is taking crypto betting into the future: convenient, scalable, and lucrative. 

22nd August 2022, Limassol, Cyprus — COSMOS has become the latest cryptocurrency to join the 1xBit family, bringing convenience in crypto betting one step further. With speedy transactions, easy-to-use software, and inter-blockchain communication, COSMOS is about to revolutionize the already groundbreaking betting on 1xBit, and lead crypto gambling into the future.

COSMOS Proof-of-Stake Protocol

COSMOS is a Proof-of-Stake-powered crypto project that provides users with fast, easy access across multiple blockchains. Finding its origins in the Tendermint protocol, a major contributor founded in 2014, COSMOS released its whitepaper in 2016 and began token sales in 2017. 

The protocol is the brainchild of the founders of Tendermint, Zarko Milosevic, Ethan Buchman, and Jae Kwon, now replaced as Tendermint’s CEO by Peng Zhong. 

The COSMOS token ATOM is mined through a hybrid PoS method, which protects and governs the blockchain, as well as the Cosmos hub. COSMOS protocol has some unique properties that when combined with 1xBit’s offerings will create a stress-free crypto betting experience. These include:

  • Inter-Blockchain Connection: COSMOS seeks to solve the issue of fragmentation facing the digital community by forming a bridge of communication across multiple crypto industries.
  • Ease of Use: Blockchain technology can be unwieldy and complex. COSMOS utilizes a modularity-focused software development kit to combat this problem. It has a straightforward and easy-to-use interface.
  • Scalability: The project focuses on fast-tracking the speed of transactions per second while coping with existing payment firms and sites.

Convenient & Fun Crypto Betting On 1xBit

1xBit already supports over 40 cryptocurrencies on the platform, with new coins like COSMOS being added to the platform regularly. The crypto betting platform is a leading global bitcoin sportsbook and casino platform. It works at using blockchain tech to resolve payment hitches online betting platforms face. 1xBit offers the following benefits: 

  1. Multiple payment options: The crypto betting platform offers more than 40 different cryptos as payment options, including Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Monero Coin (XMR), Litecoin (LTC), and many more. And now, the future forward COSMOS crypto. Users get to pick the payment option that suits them best with ease.
  2. Fun and competitive games and betting: 1xBit is home to hundreds of gaming and sports betting options. The platform supports a myriad of exciting slot games like Dragon Tiger, Knight of Magic, etc.; Popular Casino games, e.g., Blackjack, Baccarat, and others; plus Live sports betting encompassing a wide variety of sports from all over the world. 1xBit users can never run out of options.
  3. Regular promos: The betting website offers bonuses of up to 7 BTC on the newcomers’ first four deposits. Other promos come up regularly as well.
  4. A stress-free registration process and anonymity: Users get to skip arduous registration processes as 1xBit does not require KYC, thereby promoting anonymity.
  5. Instant payouts and zero charges: 1xBit pays winners their earnings instantly, and charges zero fees.

How To Use COSMOS on 1xBit

  • Visit the website.
  • Register in a few steps with your email.
  • Verify your email address.
  • Deposit your COSMOS crypto (COSMOS token is available on prominent exchanges and has multiple fiat pairs for easy transactions.)
  • Enjoy your convenient and lucrative gambling experience.

The combination of COSMOS crypto on 1xBit makes for a cost-efficient, stress-free and exciting experience for all sports lovers and crypto gambling enthusiasts. Head over to 1xBit and experience the future of sports betting with COSMOS

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Media Contact Details
Contact Name: Anastasia Semenova
Contact Email: [email protected]   

 

1xBit is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest