1xbit Korea Bitcoin Bonus 2022
1xBit is an all-inclusive online casino with a wide range of games to choose from. The company has extensive experience in the industry since its establishment in 2016. 1xBit offers the same wide range of gaming options, but only supports staking with fiat currencies.
The 1xbit offers consecutive matching bonuses of up to 7 BTC for some initial deposits. To get this bonus, you need to create an account at the online casino and deposit at least 5 mBTC.
How to use 1xbit Bitcoin bonus code
Before you can activate your bonus code and claim your free bet credits, you need an account.
Go to 1xBit.com via this link. This link will take you directly to a designated area of the official 1xBit website.
When you land on the site, click the green “Sign Up” link in the upper left corner of the page.
Register. Click the green button and follow the on-screen instructions to complete the registration process. Enter 1xbit bonus Code.
How to get the 1xbit Bonus?
1.Create an account on 1xBit using your desktop or mobile device.
2.Deposit at least 1 mBTC (or equivalent in another currency).
3.Bet on sports and/or casinos according to bonus terms and earn bonus points that you can convert into funds in your main account.
Is Bitcoin gambling legal in Korea
Compared to traditional payment methods found in Korea, South Koreans can use Bitcoin to gamble at online casinos. South Korean laws make an exception to the use of Bitcoin for a couple of reasons.
As far as the government is concerned, people are free to use Bitcoin for any purpose as long as they allow it to be taxed. Problems usually arise for cryptocurrency users when this requirement is not met, as seen in the past when authorities in Gyeonggi Province seized crypto assets from 1,661 investors worth around $5 million, according to Financial Times.
How to deposit and withdraw in 1xbit
To start crypto sports betting journey with 1xbit, you first need to sign up for an account and deposit funds. It is recommended to choose the main method you use frequently and link the crypto wallet to your account.
Make your first deposit and 1xbit will reward you with a bonus of 100% up to a maximum of 5 BTC.
Both deposits and withdrawals are extremely fast with deposits credited instantly and withdrawals processed within 24 hours at the most.
Deposit options offered by 1xbit include well-known cryptocurrencies such as bitcoin, Dogecoin, Dash, Ethereum. You’ll find lesser-known varieties of cryptocurrencies, including Monero, Zerocoin, New Economic Model (NEM), Digibyte and Stratis.