SX NetworkSX
Convert SX to your currency
Last Updated on Oct 01, 2025 05:20 AM
What is SX Network?
About the coin
SX Network is designed to transform the sports betting industry by significantly lowering the vigorish (vig) charged by traditional sportsbooks. Typically, these fees are around 4.8%, but SX Network aims to reduce them by over 90%, making betting more accessible and affordable for users. The platform is part of a wave of innovative crypto sportsbooks, including Stake, Rollbit, and Sportsbet.io, which are already making strides in disrupting the industry.
Main features
The SX Token is integral to the SX Network ecosystem, facilitating transactions and governance within the platform. The project emphasizes community involvement and transparency, with features such as validators and staking. These elements are designed to ensure that the network operates smoothly and that users have a say in its development and governance.
How it works
SX Network's approach involves leveraging blockchain technology to create a more efficient and user-friendly sports betting experience. By reducing the vig, the platform not only makes betting more affordable but also encourages more users to participate. The use of the SX Token for transactions and governance ensures that the community remains at the heart of the network's operations, with a clear roadmap for future development.
Wallet for SX Network
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Tangem supports networks for SX Network
- Ethereum
- Arbitrum One
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SX Network FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Layer-2 refers toany off-chain network, system, or technology built on top of a blockchain (commonly known as a Layer-1 network) that strives to extend the capabilities of the underlying base layer network.
- Layer 3 blockchainsbuild on Layer 1 and Layer 2 to offer customized, application-specific solutions, enhancing DApp functionality and scalability. A defining feature of L3 blockchains is their ability to facilitate seamless communication between different blockchains.
- SX Network isa sovereign blockchain that hosts sports betting applications, the primary one being SX Bet. Today, SX Bet is the leading blockchain sports betting platform by volume across all blockchains. It has processed over USD430m in transactions to date. It is a betting exchange and not a traditional bookmaker.
- Central to the SX Network is the SX token,an ERC-20 token that underpins the ecosystem's decentralized governance structure. The token enables community ownership, allowing token holders to influence the development and operational parameters of the SportX protocol.
How to secure SX Network with Tangem Wallet?
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Why choose SX Network wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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