Crypto summer on 1xBet: iPhone 16 Pro Max, Samsung Galaxy S24 Ultra, Apple Watch Ultra 2 and other gadgets in the draw
Indian crypto market features A unique blockchain industry has emerged in our region, becoming one of the world's fastest-growing segments. The rapid development is attributed to the increased interest in cryptocurrency among young people, with more than 70% of individuals aged 20-35 being active users of Indian crypto exchanges.
The figures confirm the growing trust in cryptocurrencies: in the fourth quarter of 2024, the trading volume on the country's largest exchanges increased by 100% and reached $1.9 billion. Experts predict that the positive dynamics will continue in the future. By 2035, the trading volume is expected to hit a record $15 billion.
India leads the world in cryptocurrency adoption, with over 100 million people using the coins, or about 7-8% of the country's adult population. In terms of blockchain throughput, India is second only to Indonesia. The impressive figures are driven by the residents' interest, as well as their advanced skills in using UPI electronic payment mechanisms.
1xBet analyses the trends of the Indian crypto market and offers its clients the opportunity to deposit and withdraw winnings in bitcoins, popular stablecoins and altcoins.
Why Indian users prefer cryptocurrencies over traditional payment methods Compared to bank payments and transfers from e-wallets, blockchain transactions have many obvious advantages. Cryptocurrencies have displaced traditional payment methods from various aspects of everyday life, including the gaming sector.
Let's consider the main benefits of using blockchain transactions on the 1xBet platform: • high speed: deposits and funds withdrawals take no more than 2-3 minutes, even on holidays, weekends, and during peak network load times. Processing bank transfers takes longer and may last several days; • low fees: crypto transactions incur minimal financial costs compared to traditional payment systems. The commissions do not depend on the transfer amount: transactions of $20 and $2,000 will cost the same; • anonymity and confidentiality: everyone values privacy, and cryptocurrencies can provide it. To replenish an account and withdraw funds, there is no need to share personal data with third parties, while information about the transfers is stored on the blockchain without being linked to the user's name; • high security level: transfers within the blockchain network are protected by electronic signatures and cryptographic encryption. Counterfeiting, unauthorised changes to the recipient's wallet address, or transfer hacking are impossible; • Innovation: support for popular cryptocurrencies confirms the technological advancement of the 1xBet platform and enhances user convenience.
What cryptocurrencies does 1xBet support? There are 48 ways to make a cryptocurrency deposit on the 1xBet platform: • stablecoins USDT (Tether), and USD Coin; • Bitcoin and its most popular fork, Bitcoin Cash; • the most popular altcoins: Ethereum, Litecoin, Ripple, and others; • memecoins DOGE and SHIBA INU; • Web 3: Chainlink, Solana, Polkadot, and others.
1xBet analysts closely monitor the development of the crypto industry and incorporate coins from promising blockchain projects into the payment options, which have demonstrated their effectiveness and reliability.
Crypto summer on 1xBet Until August 31, the 1xBet platform is running a seasonal promo for progressive players - Crypto miracle. For each crypto deposit, you can earn tickets to enter the draws for valuable prizes, including the iPhone 16 Pro Max, Samsung Galaxy S24 Ultra, Apple Watch Ultra 2, and other premium gadgets.
1xBet utilises innovations to ensure the safe and secure transfer for those who opt for the cryptocurrency payment method. The company strives to create a digital space that focuses on transparency, accessibility, and technology.
About 1xBet 1xBet is a globally recognised bookmaker with 18 years in the betting industry. The brand's customers can place bets on thousands of sporting events, with the company's website and app available in 70 languages. The official partner list of 1xBet includes FC Barcelona, LOSC Lille, La Liga, Serie A, European Cricket Network, Durban's Super Giants, and other renowned sports brands and organisations. The company's ambassadors in India are famous cricketer Heinrich Klaasen and actress Urvashi Rautela. The company has repeatedly been a nominee and recipient of prestigious professional honours such as IGA, SBC, G2E Asia, and EGR Nordics Awards.
(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
6 minutes ago
- India Today
Ajit Doval arrives in Moscow amid Trump's fresh tariff threat for Russia oil buys
National Security Adviser Ajit Doval has arrived in Moscow for a visit focused on strengthening India's defence and energy ties with Russia. The visit comes as the United States raises concerns over India's ongoing oil trade with President Donald Trump recently criticised India for continuing to buy Russian oil while staying neutral on the Ukraine conflict. He also warned of possible trade tariffs on Indian to a TASS report, the visit is part of a planned schedule and will focus on defence cooperation between India and Russia. "The current escalation of the geopolitical situation will also be discussed. Apart from that the topics will include such pressing matters as supplies of Russian oil [to India]," the source said. Earlier, on Monday, the Ministry of External Affairs issued a statement rejecting criticism from the US and EU over India's imports of Russian oil, calling it unjustified. The ministry noted that Western countries had earlier supported such trade to help stabilise global energy markets and continue to engage in trade with Russia Moscow, Doval is expected to hold talks on defence industry cooperation. Discussions may include the possible purchase of more S-400 missile systems, setting up maintenance infrastructure in India and exploring options for acquiring Russia's Su-57 fighter visit is seen as part of India's effort to follow an independent foreign policy and maintain its partnerships based on national External Affairs Minister S. Jaishankar is also scheduled to visit Russia on August 27 and 28. His visit will focus on defence, energy, and trade discussions. Jaishankar will meet Russian Foreign Minister Sergey Lavrov to discuss bilateral and international issues. He will also meet Russian Deputy Prime Minister Yury Borisov to co-chair the India-Russia Inter-Governmental Commission on Technical and Economic Ministry of External Affairs has said that India's relations with Russia are based on mutual understanding and should not be judged by other countries.- EndsMust Watch IN THIS STORY#Russia
Deccan Herald
6 minutes ago
- Deccan Herald
Bengaluru: Aster DM Healthcare to invest Rs 580 crore on 500-bed hospital in Yeshwanthpur
Bengaluru: Healthcare provider Aster DM Healthcare on Tuesday announced a Rs 580-crore investment to develop a 500-bed multi-specialty hospital in Yeshwanthpur. This new facility will be Aster's fifth hospital in Bengaluru, bringing its total bed capacity in the city to 2,580 new hospital is expected to be operational in the second half of FY Azad Moopen, founder and chairman, Aster DM Healthcare, said, 'The Yeshwanthpur hospital marks a significant milestone in Aster DM Healthcare's India growth strategy, especially in a vibrant and rapidly evolving healthcare market like Bengaluru. With this addition, we are expanding our capacity in the city to 2,580 beds—making it one of the largest private hospital networks in a single Indian metro.'.'Equip maxillofacial surgeons in govt hospitals'. 'Over the next few years, we aim to significantly increase our presence across South India by entering new cities and strengthening our footprint in existing ones,' he added.. Yeshwanthpur caters to a catchment of nearly 3–4 million people, with growing demand for advanced tertiary healthcare services.
The Hindu
6 minutes ago
- The Hindu
Don't give China pass, burn relationship with 'strong ally' India: Nikki Haley
The U.S. should not burn its relationship with a 'strong ally like India' and give a pass to China, Indian-American Republican leader Nikki Haley said on Tuesday (August 5, 2025), amid President Donald Trump's attacks against New Delhi over tariffs and purchases of Russian oil. 'India should not be buying oil from Russia. But China, an adversary and the number one buyer of Russian and Iranian oil, got a 90-day tariff pause," Ms. Haley said in a post on X. "Don't give China a pass and burn a relationship with a strong ally like India,' she said. Ms. Haley, the former Governor of South Carolina, was the U.S. Ambassador to the United Nations under Mr. Trump's first presidential term, becoming the first Indian-American to be appointed to a cabinet-level post in the U.S. administration. In 2013, she officially announced her candidacy for the 2024 presidential election and withdrew from the race in March last year. Her comments came hours after Trump said India has not been a "good trading partner" and announced he will raise tariffs on India 'very substantially over the next 24 hours' because New Delhi is buying Russian oil and "fueling" the "war machine". India on Monday mounted an unusually sharp counterattack on the US and the European Union for their "unjustified and unreasonable" targeting of New Delhi for its procurement of Russian crude oil. New Delhi's response came after Trump asserted that Washington will substantially raise tariffs on goods from India over its energy ties with Russia. Meanwhile, Trump, in an interview with CNBC responded to a question on China and its leader, Xi Jinping, and said, 'We have a very good relationship'. Trump added that he might have a meeting with the Chinese President 'before the end of the year, most likely, if we make a deal." He said he won't have a meeting if a deal doesn't materialise. "But we're getting very close to a deal. We're getting along with China very well.' Trump added that China is 'very reliant" on the US. 'My relationship with them is very good. I think we'll make a good deal. It's not imperative, but I think we're going to make a good deal.' He added that he has had a 'great relationship' with President Xi. 'We respect him a lot. They respect us a lot.'
