Xbit Project: Blockchain-based Online Gaming

Last Modified:25 Jul 2021 10:26:20
Xbit Project: Blockchain-based Online Gaming

Xbit is a project that has been developed to revolutionize online gaming industry. Xbit offers a cryptocurrency and an online casino based on the Blockchain technology.

A Blockchain-based online gaming platform completely removes all the issues with the conventional gaming industry, such as scalability, lack of privacy, security, transparency, and efficiency.

Xbit puts power, privacy, and effectiveness in the hands of users and players alike. Let’s find out more.

Technical Info

Xbit coin is a cryptocurrency that has been developed based on the SHA-256 algorithm, which is the same algorithm that has been used to develop Bitcoin and many other cryptocurrencies.

This coin has its own completely independent and exclusive Blockchain network. So, unlike other coins that are built based on other Blockchain networks, Xbit is a fully independent coin with its own Blockchain.

The total cap of Xbit is 1 billion coins, which have all been pre-mined. One billion coins are created in this network.

The one billion coins are distributed as such: 400 million coins are provided to early investors who established the casino and the development team. 400 million coins are offered to ordinary buyers. The rest of the 200 million coins are provided to the business operators.

Xbit cryptocurrency and Casino Xbit have been developed by Counos Platform, which is a Swiss Blockchain company.

Casino Xbit has all the official and necessary permits and license. Casino Xbit is operated by Bit Gaming LLC, which is registered in The St. Vincent and the Grenadines.

Developed by Counos Platform

As was mentioned above, Xbit has been developed by the Swiss company Counos Platform. However, it is managed and operated completely separately by Bit Gaming LLC.

Counos Platform carried out the technical aspects of the project to develop a great coin with all the necessary technologies.

Counos Platform offers many services, some of which are used in this online casino; such as the Counos Payment Gateway, Counos Staking System, and also Counos Crypto Wallets, like Counos Mobile Wallet, support Xbit Coin.

How is Xbit Advantageous and Beneficial?

Xbit has been developed to be used in online gaming industry, specifically at the online casino Xbit.

Users can use Xbit to play games and make deposits at the online casino Xbit. But also, this cryptocurrency can be used as a financial tool to transfer money and assets.

Additionally, XBT coins are also known as representative of revenue shares of casino Xbit.

Xbit has been created for a financial service that already exist; an online casino.

So prior to the coin, a financial service, a casino, has been already established with its special services and features. This online gaming apparatus, or this online casino accepts this cryptocurrency.

Those who purchase this coin will receive benefits and interest from the casino. This is exactly like buying stocks in the casino. Because as the casino attracts more players and creates more revenue, the value of the coins increase as well.

Free Coin and Bonus

By registering in Casino Xbit, using your email, you will receive 1 free Xbit coin.

This is done using the Email Transaction feature of Counos Mobile Wallet.

With Counos Mobile Wallet, you can send cryptocurrencies to people’s email addresses. This feature enables users to send crypto to anyone simply with their email address. To do this you enter the email address and send the transaction. If the recipient already has this wallet, then they will receive the transaction normally. If the recipient does not have this wallet, they can use the email address to create an account on Counos for the wallet, and then they will receive their cryptocurrency and use them.

Furthermore, when you register in this casino, you receive a bonus of about 30 dollars to play different, exciting games at this casino.

Experience live casino with real live dealers and over 4,000 slot games. All built around the Blockchain-based Xbit coin.


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