12/10/2023 0 Comments BetmatchingAnd then you’ll get your rewards in XBM as well.įor those of you looking at trading: XBM tokens are awaiting exchange listing. ![]() ![]() Of course, you can use these tokens to bet on the platform. And the total supply is 1,000,000,000 XBM tokens. It’s a utility token on the Ethereum blockchain. The platform’s token name is XBM token (for airdrop – XBMB (test token) but I’ll get to that in the next paragraph). This way, you remain in charge of your funds. Indeed, B etMatch uses the XBMB and XBM tokens because Ethereum Smart contracts are settled in minutes and completely irreversible. This company has full control of the ledger, and you, the player, are trusting them to pay-out your wins.īut BetMatch has a solution to remove the trust aspect of the platform/player relationship: Blockchain and Ethereum Smart contracts. And when you use gambling platforms, the first risk you take is funding your account by sending money to a potentially unregulated company in the Cayman Islands. Traditionally, sports betting platforms are in control of all user balances. To understand what BetMatch is, it is best to first think about what it isn’t.
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