Categories: BlockchainDAppEOSNews

EOSBet Launches User Account System and Bitcoin (BTC) Betting

After acquiring a legitimate on-line playing license in 2018, EOSBet, the first gambling platform built on EOS technology, is continuing its streak of big announcements. It is entering 2019 liberating a decentralized account gadget together with local Bitcoin deposits and betting. After licensing itself as probably the most top-rated EOS dapps, EOSBet has transformed the primary on-chain online casino to natively settle for Bitcoin, with many extra forex implementations.

Did you know January 2019 saw an EOS dApps account for a whopping 55% of transaction values? Of the $ 5.5 billion transacted on EOS dApps since launch, 70 percent have been spent on betting dApps.

After going throughout the long strategy of acquiring cryptocurrency, this move by EOSBet will help remove obstacles corresponding to using cryptocurrency wallets. Last month, the casino company has launched a proprietary account system that enables users to deposit funds from any source and easily bet without the use of a 3rd party wallet or software. The new account system is non-custodial, so no one (including anyone from EOS) can gain access to the funds of players. Moreover, it allows players to create a unique username (allowing for special characters and emojis) and makes it easy to chat with other players.

Now, it’s added a gadget which allows customers to deposit budget from any supply and simply guess without using pockets or third birthday party device. This gadget additionally covers all blockchain prices for avid gamers, letting them play simply as simply on a decentralized online casino as a conventional centralized one.

EOSBet aims to leverage EOS to implement provable fairness, decentralization and attractive player rewards. It allows users to place bets using Bitcoin (BTC) and additionally plans to add BCH, BSV, LTC, DASH, DOGE, ETH, TRON, and XRP support.

Also Read:


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Manisha Agrawal

Manisha Agrawal is a cryptocurrency and blockchain enthusiast. She has worked as a content writer for two years and worked as a research based blockchain blog writer too. Also, she worked as a crypto news writer with various known firms like Crypto-News India, Coingape and The Coins Report.

Share
Published by
Manisha Agrawal
Tags: EOSEOSBet

Recent Posts

Crypto News: CLARITY Act Nears Senate, Crypto Market Eyes Bull Shift

Crypto News: , Crypto Market Eyes Bull Shift The cryptocurrency market is experiencing a rough…

9 hours ago

Crypto Scammer Indicted: Brooklyn Man Charged with Defrauding 100 Investors Out of $16 Million

A Massive Unraveled In a stunning blow to the crypto underworld, a 23-year-old man from…

9 hours ago

Africa Envisions a Future with Blockchain Far Beyond Crypto

Africa Envisions a Future with While the Western world often fixates on cryptocurrencies, NFTs, and…

12 hours ago

Federal Reserve Governor Gives His View on the Role of Cryptocurrency

What Did the Say About Crypto?In a recent appearance on the popular financial show 'Making…

12 hours ago

Tokenization goes mainstream: Inside PH’s $60B blockchain play

Tokenization goes mainstream: Inside Blockchain technology has long battled a tough reputation, often viewed as…

21 hours ago

Why some Bitcoin mining companies are ditching cryptocurrency for AI

Why some are ditching for In the fast-evolving world of technology and finance, are making…

21 hours ago