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Another cryptocurrency modeled after Bitcoin is Nxt (NXT), started in November of 2013. Nxt is a blockchain platform that features a decentralized system and a digital currency that can be traded. Nxt uses (PoS) proof-of-stake technology for transactions and it was created with a total offering of one million coins. Also suitable for Bitcoin Sports Betting
The blockchain is what Nxt is all about, but it was the first currency to rely only on (PoS). The difference between Nxt and a cryptocurrency like Bitcoin is that Nxt is more about the stake-size of the user, while bitcoin uses computing power to verify their transactions.
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Nxt can be used as a currency on the Nxt system and it can also be used as a cryptocurrency for trading or investing. The Nxt coins can also represent ownership in the Nxt system and be used to create systems based on individual needs.
Nxt is not one of the major cryptocurrencies so it cannot be purchased directly. You first have to buy Bitcoin and then exchange it for Nxt.
How do I buy Nxt?
You can buy Nxt by using one of the currency exchanges such as Bittrex or Poloniex. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchange it for Nxt. You can then send Nxt to your sportsbook account and you can withdraw Nxt from your sportsbook account to your digital wallet.
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Along with Bitcoin, the cryptocurrency list that BookMaker.eu now accepts includes Bitcoin Cash, Ether, Litecoin, Monero, Dash, FirstBlood, Aragon, Basic Attention Token, Bancor, Blackcoin, Bitchares, Civic, Clams, Decred, Digibyte, Dogecoin, Edgeless, EOS, Ether Classic, Factoids, FunFair, GameCredits, Gnosis, Golem, Matchpool, Komodo, LBRY Credits, Namecoin, NEM, Numeraire, Nxt, OmiseGo, Potcoin, Augur, Reddcoin, IExec, Salt, Saicoin, Status, Startcoin, SingularDTV, Swarm City, WeTrust, Vericoin, Vertcoin, Waves, Wings, Ripple, Zcash, 0x, Bitcoin Dark, DigixDao, district0x, Emercoin, Iconomi, lisk, Maidsafe, Omni, Nubits, Novacoin, Tenx, Peercoin, Qtum, StorjX, Steem, TokenCard, Tether, Voxels and Counter Party.
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