Best Dogecoin Casino: How to Bet & Win with DOGE | 1xBit
Dogecoin casinos are becoming increasingly popular because of the cryptocurrency’s fast payouts and minimal processing fees. 1xBit is a multi-currency online crypto casino that enables you to gamble with 30+ cryptocurrencies, incuding Dogecoin (DOGE).
Read on to learn how to bet (and win) with Dogecoin on 1xBit.
Table of Contents
- What is Dogecoin?
- Why is Dogecoin So Popular?
- Why Gamblers Love to Bet with Dogecoin
- How to Deposit DOGE into your 1xBit account
- Start Your Dogecoin Gambling Journey on 1xBit
What is Dogecoin?
Dogecoin is a popular “meme coin” launched in 2013 as a humorous response to the fast-growing altcoin market. Developed by software engineers Jackson Palmer and Billy Markus, the cryptocurrency, which is based on a popular internet meme of a Shiba Inu dog, quickly attracted a thriving online community.
Dogecoin, which has the ticker DOGE, is a fork of Luckycoin and Litecoin. The two developers only made a few adjustments to their predecessor’s code but kept their consensus protocol.
Today, the meme coin is one of the largest cryptocurrencies by market captilalization.
Why is Dogecoin So Popular?
Dogecoin started as a joke, birthing the meme coin movement. But that doesn’t mean it hasn’t been successful.
Elon Musk, Gene Simmons, Mark Cuban, and Snoop Dogg can’t get enough of it, helping the cryptocurrency attract more users with their notoriety.
Originally, Dogecoin was used as a digital currency for tipping people on social media, most notable on Reddit. Today, however, Dogecoin has emerged as a speculative investment asset and online payment method. For example, DOGE is an accepted payment method on online casinos, including 1xBit.
Supported by an active community, Dogecoin has been used to fund various charitable events and worthy causes. For example, the Dogecoin community raised funds to help the Jamaican Bobsled Team to attend the Sochi Winter Olympics.
Why Gamblers Love to Bet with Dogecoin
Dogecoin features fast transactions speeds, low fees, and a secure network. As a cryptocurrency, it doesn’t have any geographical restrictions, and anyone with an internet connection and a smartphone can use it to place bets online.
You only need to deposit DOGE into your 1xBit account and receive winnings in the same way to your wallet. Dogecoin is faster than many other leading coins, making betting payouts near instant.
Dogecoin is also available in over 100 crypto exchanges. You can, therefore, convert your Dogecoin betting wins to fiat currency at any time. Having been originally made to make cryptocurrency fun, Dogecoin provides a valuable service to gamblers across the globe.
The beauty of partaking in a Dogecoin casino is that you don’t need to provide much of your details, unlike bank transactions. You only need to provide your DOGE wallet address for the transaction to start. Account details remain private, making Dogecoin a secure payment method.
How to Deposit DOGE into your 1xBit account
Let’s take a look at how you can start gambling with Dogecoin.
The following steps will help you to learn how to deposit DOGE into your 1xBit account to place a wager. First, you must have a Dogecoin wallet with enough funds before beginning the process of betting.
- Open the 1xBit website and register an account.
- You will receive an email notification containing your 1xBit account details like the account number and password for the betting site (if you choose to provide your email). If you prefer to use the site without providing an email address, note down your username and password somewhere safe.
- Following registration, top up your account using Dogecoin from the provided list of cryptocurrencies.
- After selecting Dogecoin, press “confirm” to continue but ensure you have read the instructions provided.
- A wallet address will be provided by the 1xBit platform where you can send DOGE from your wallet. 1xBit also provides a QR code that you can scan to deposit to their cryptocurrency wallet.
- The entire DOGE deposited will be presented as mBT on the 1xBit website. mBT is 1/1000th of a bitcoin and the currency denomination that 1xBit uses on is platform. If you don’t have a Dogecoin wallet, click “Buy Cryptocurrency” on the website. You will be redirected to an exchange where you can buy DOGE and get a wallet.
- After purchasing Dogecoin from an exchange, transfer it to the wallet address provided by 1xBit, and place your bet. The minimum you can deposit is 3.007 DOGE.
Start Your Dogecoin Gambling Journey on 1xBit
1xBit is a great Dogecoin casino that crypto betting fans have come to love. There are tons of casino games on the platform including Dice, Roulette, Blackjack and many more. You can also bet on a wide range of sports, including eSports.
Geographical restrictions are no longer an issue as you don’t need to provide any information about yourself when funding your account through Dogecoin.
Moreover, all winnings are instantly deposited to your betting account and you can withdraw your winnings at any time in a cryptocurrency of your choice.
Sign up for a free 1xBit account today to start betting (and winning) with Dogecoin.