Is 1xBit Safe and Legit? Licence, KYC & What You Should Know

Robert Norman

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Last updated: Fri 04 Sep 2026 13:27

Robert Norman 2 hours ago

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1xBit is a licensed crypto gambling platform, operated by OCEAVENTURE LIMITED
Users can bet on sports and casino games using digital currencies
Identity verification may be required; check eligibility and official domains before joining

1xBit is an established cryptocurrency gambling platform offering sports betting alongside a large selection of casino games. Built with crypto users in mind, the site allows customers to fund their accounts using digital currencies and access its gambling products online or from a mobile device.

For customers asking whether 1xBit is legitimate, there are several important factors to consider. Here's everything you need to know about this popular brand.

Who Operates 1xBit?

1xBit is operated by OCEAVENTURE LIMITED, a company registered in the British Virgin Islands under company number 2156948.

The platform specialises in cryptocurrency gambling, combining an extensive sportsbook with casino games and other betting products.

Despite the similarity between their names, 1xBit and 1xBet should be assessed separately. Customers should always refer to the operator, licence and terms displayed on the specific gambling site they're using.

Is 1xBit Licensed?

Yes. OCEAVENTURE LIMITED holds a B2C Internet Gaming Licence issued in Anjouan, part of the Union of Comoros.

The official Anjouan Gaming register currently lists licence ALSI-202409027-FI2 as valid. The licence was issued on 16 September 2024 and covers 1xbit.com and 1xbitx.com.

Holding a current licence provides users with a clear regulatory reference point when checking the legitimacy of the platform. As with any internationally licensed gambling site, customers should also make sure that 1xBit can legally accept players from their location.

1xBit Safety & Legitimacy

Question	Answer
Is 1xBit a real gambling site?	Yes
Operator	OCEAVENTURE LIMITED
Company Number	2156948
Company Jurisdiction	British Virgin Islands
Gambling Regulator	Anjouan Gaming
Licence	ALSI-202409027-FI2
Current Licence Status	Valid
Licensed Domains	1xbit.com, 1xbitx.com
Sportsbook	Yes
Casino	Yes
Cryptocurrency Payments	Yes
Identity Verification	Can be requested

How Does Verification Work at 1xBit?

One of 1xBit's defining features is its crypto-focused approach to account registration and payments.

Customers aren't necessarily required to complete a conventional identity-verification process immediately when creating an account. This can make the registration process straightforward for eligible users who prefer betting with cryptocurrency.

However, 1xBit can request verification in certain circumstances. Customers should therefore enter accurate information when required and be prepared to complete additional checks if requested by the operator.

The possibility of verification is normal information to consider when using an online gambling account and means customers shouldn't assume that cryptocurrency betting is always completely anonymous.

Why Does 1xBit Appeal to Crypto Bettors?

Cryptocurrency is central to the 1xBit platform rather than simply being an additional payment option.

Customers can use digital currencies to fund their betting account and withdraw eligible winnings, while the sportsbook covers a broad selection of sports and betting markets. Horse racing betting is also available, making 1xBit relevant to racing fans who prefer using cryptocurrency.

Crypto transactions can usually be processed without relying on conventional banking methods. Customers should still check wallet addresses, currencies and networks carefully before confirming a transfer, as blockchain transactions can be irreversible.

What Should You Check Before Joining?

Before creating an account, customers should make sure they're accessing an official 1xBit domain covered by the operator's gambling licence.

It's also worth checking whether 1xBit accepts customers from your country and reviewing the latest deposit, withdrawal and verification rules. Gambling regulations and individual payment options can vary according to location.

Taking a few moments to check these details can help users understand exactly how their account will operate before transferring cryptocurrency.