SOFTSWISS’s crypto casino solution is celebrating its 10th anniversary

SOFTSWISS, one of the leading innovators in the crypto gambling sector, shares another important achievement: With its Crypto Casino Solution, the company celebrates its 10th anniversary in the online casino industry. The fact that over 15% of monthly payments are made via crypto, as well as the fact that this revolutionary platform supports more than 70% of the project, confirms that this solution is here to stay.

In its recently released “iGaming Trends 2024” report, the company noted that crypto payments represent a long-term trend. For this reason, companies that want to succeed in this niche should focus on providing tools and solutions that enable payments to be as smooth and efficient as possible.

Speaking of reasons to celebrate, the previous month was marked by another outstanding success when the provider won the Best Aggregator 2023 award at the SiGMA Europe Awards.

The role of crypto in the iGaming industry is crucial

Ten years ago, in 2013, SOFTSWISS was the first technology company to recognize the immense potential of digital currencies in the iGaming industry. The innovative provider broke the ice with Bitcoin and gradually expanded its range of cryptocurrencies to almost 20 coins.

The main reasons for the smooth adoption of crypto payments include its unique and convenient features, including high transaction capacity, fast transaction processing, cost efficiency, maximum anonymity and simplified KYC procedure. The payment process carried out through CoinsPaid is facilitated with reduced fees, maximum efficiency and without disclosing sensitive personal information.

According to Max Trafimovich, Chief Commercial Officer at SOFTSWISS:

“In the iGaming industry, integrating digital coins is not just a trend but a strategic necessity. The importance of cryptocurrency lies in its ability to overcome traditional payment barriers and provide players with a safe and efficient financial experience.”

As he noted, cryptocurrencies Continue to redefine financial norms, and is gradually becoming a preferred payment method not only in iGaming, but also in many other areas. By adopting crypto payments, operators ensure that they are competitive while ensuring that the expectations of different profiles of modern consumers are met.

In-game currency conversion continues to rock the stage

The in-game currency conversion feature is another powerful solution from SOFTSWISS’s creative workshop. Launched in 2022, this tool allows crypto users to play games originally designed for fiat currencies.

More specifically, consumers who place bets in Bitcoin, Ethereum and other cryptocurrencies can have their money converted into USD, EUR, CAD, NZD, NOK, JPY, BRL and some other fiat currencies, for a total of 9.

According to the data analysis 85% of all bets in crypto casinos powered by the SOFTSWISS Casino platform were created through this feature. Although there was moderate growth in crypto transactions in the previous quarter, trends suggest that the popularity of this payment option will continue to grow.

SOFTSWISS continues to inform potential partners and participants about the numerous benefits of crypto transactions We’re getting ready to go live with a series of in-depth podcasts. Through this user-friendly format, the company’s top experts will address a variety of crypto-related topics, dispelling all common doubts about how the transactions work and much more.

Source:

“Crypto Casino Solution celebrates 10Th Anniversary”softswiss.com, December 13, 2013.

Source link