Reading Time: 3 minutes
The SOFTSWISS Casino Solution supports digital currency in more than 70% of projects. 15% of payments are made monthly using crypto.
Crypto-friendly solutions seem more attractive than ever in the rapidly evolving gambling regulatory landscape. The 2024 iGaming Trends Report states that crypto payments have a profound impact on the dynamics of the online gambling eco-systems.
In 2013, SOFTSWISS was the first technology company to harness the power of digital currency, paving the way for their integration in the iGaming sector. SOFTSWISS began with Bitcoin and has expanded its cryptocurrency offerings to include nearly 20 digital currencies.
It is not surprising that crypto-payments are becoming more popular, considering their unique strengths and features. These factors have a significant impact on the effectiveness and popularity of online transactions.
-
High transaction capacity: The SOFTSWISS crypto casino solution uses CoinsPaid to process payments at a rate that is near 100%.
-
Fast Transaction Speed: The use of cryptocurrency payments allows for a quick and efficient transaction, which results in the receipt of funds immediately after the payment.
-
Cost Effectiveness: By reducing fees, operators gain an advantage in terms of cost.
-
A simplified KYC procedure: By simplifying the Know Your Customer (KYC), operator support teams can reduce their operational burden when it comes to withdrawals.
-
Maximum anonymity: Due to the minimal disclosure of identifiable information and personal data, players can enjoy maximum anonymity while making deposits.
In the iGaming sector, integrating digital coin is more than a trend. It’s a strategic imperative. Cryptocurrency is important because it can be used to bypass traditional barriers of payment, giving players an efficient and secure financial experience. The innovative solution caters to evolving user preferences and places iGaming providers at the forefront in a dynamic industry. “As cryptocurrencies redefine financial norms and their impact on iGaming grows, it becomes crucial for operators to remain competitive in order to meet players’ expectations.
In 2022, SOFTSWISS, driven by its unwavering dedication to improving the player experience, introduced an In-Game Currency Converter feature that allows players to play games originally designed for fiat currencies. In the first year after launch, the feature accounted for 85% of bets placed in the crypto casino powered by SOFTSWISS.
SOFTSWISS, as a leader in the crypto-friendly industry and a trendsetter for this sector, is committed to sharing its expertise. Quarterly reports on the current state of crypto in the iGaming industry are a great resource to share with other market players. The proactive approach helps to increase industry stakeholder awareness and facilitates an in-depth understanding of current trends. This empowers them to make confident strategic decisions.
SOFTSWISS will also be launching a podcast series that will focus on the cryptocurrency industry. The podcasts feature discussions and insights led by top C-level executives of the company, giving audiences a chance to learn more about crypto. Soon, the official launch of cryptocurrency podcasts will take place.
about SOFTSWISS
SOFTSWISS, an international iGaming firm that provides certified software for gambling operations management, is a company of iGaming experts. This expert team of 1,700 people is located in Malta, Poland Georgia and Belarus. SOFTSWISS is a holder of a variety gaming licenses, and offers iGaming solutions in ONE STOP SHOP. It has an extensive product range, which includes the Online Casino Platform with its thousands of games, Affilka Affiliate Platform, Sportsbook Platform, and Jackpot Aggregator. SOFTSWISS introduced the first Bitcoin-optimized online casino software in 2013.
