SoftSwiss Reports Huge Boost in Cryptocurrency Gambling

Ivan Stefanovic , Jul 04, 2024 11:20
SoftSwiss Reports Huge Boost in Cryptocurrency Gambling

According to a 2020 report by Austria-headquartered game aggregator, SoftSwiss, the traffic of a cryptocurrency game tripled in 2020. The report says bitcoin is the most used currency and was used for over 90% of traffic. In the meantime, litecoin and ethereum were generating 10% of the traffic, coming in second and third place of most used cryptocurrencies. The online casino providershowed in their statistic that the use of cryptocurrencies has grown all over the world, especially in Russia, Canada and Latin America.

According to the report, the increased popularity of cryptocurrencies means that these payments are generating increased interest in crypto gambling, in a market previously dominated by paper money. Over 3,000 titles on the Austrian provider’s gaming aggregation platform have this modern option of betting with cryptocurrencies, and the operator confirmed that this feature can be inserted into any gaming software platform through API integration. Real Dealer Studios is the latest to partner toenabled an entire suite of games available to operators across the SoftSwiss platform.

Integration of Crypto Payments in Casinos:

Cryptocurrency gambling is becoming more popular, and nowadays more and more casino providers are including this payment method into their sites!

Andrey Starovoitov, COO at SoftSwiss, commented:Bitcoin is no longer exotic. In the coming years, we expect to see even more gaming studios supporting cryptocurrencies in their games, as well as casino operators integrating new crypto payment methods for their players.” 

More on the Austrian Provider:

SoftSwiss is a long-standing provider of turnkey white label solutions for online casino operators around the world. The company was founded in 2008 as an online auction site. It wanted to grow and expand its influence on gambling markets and the company decided to apply skills to online gambling and in 2012 the SoftSwiss casino platform was established. The brand now operates from main offices in Austria, Belarus and Curacao. Despite being a very small company in a very competitive market, ithas grown to be the largest Bitcoin software company in the world. Today the company collaborates with more than 40 casino providers and delivers services for B2B partners worldwide.

Source:Cryptocurrency gambling traffic saw threefold increase in 2020”. SoftSwiss. February 19, 2021.

Author: Ivan Stefanovic

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