SOFTSWISS Expands Assortment of Payment Options with 3 New Cryptocurrencies

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December 12th, 2021
Back SOFTSWISS Expands Assortment of Payment Options with 3 New Cryptocurrencies

Three New Altcoins Available!

SOFTSWISS, a widely recognized online gambling expert, has great news for all cryptocurrency fans. Its rapidly growing platform was significantly reinforced with the addition of three new crypto-assets.

Starting December 2021, customers have Binance Coin (BNB), Cardano (ADA), and TRON (TRX) at their disposal. Each of these altcoins is getting increasingly popular, which is why the corporation decided to include them in its already highly-diversified selection of banking options.

Expected to have a positive impact on the financial performance of the operators, the expansion was made possible thanks to the partnership with the payment provider CoinsPaid. As per the terms, the trio of recently added options became available to clients operating under the Curacao license.

Diversified Selection of Crypto Payment Options

Binance Coin (BNB) holds the reputation of the third most popular cryptocurrency in the world, while Сardano (ADA) ranks sixth on the list. As for Tron (TRX), it takes the 22nd position, but his crucial importance is reflected in the decentralization of the internet with blockchain technology. Moreover, this asset aims to serve as a global online content sharing platform.

Positive that each side will benefit from this upgrade, Vadim Drozd, Head of Payments at SOFTSWISS commented on the platform expansion as follows:

“Cryptocurrencies have shown time and again that people are interested in the opportunities they offer and are already actively using them in their daily life, including online gambling. Therefore, the support of three new cryptocurrencies will be exactly the solution that will help operators expand their reach and attract new audiences to their casinos. As a consequence, this will have a positive impact on both the count and sum of bets.”

Highlights from Q3 Report

As far as the Q3 data indicate, the volume of bets placed in cryptocurrency is on the continuous rise. Comparing the same period last year, the analysts have spotted a significant increase of 2.8 times. Taking a look at the data encompassing the current year, a positive trend continued, marking the 28% growth from Q2 2021 to Q3 2021.

On top of that…

…the share of bets in crypto versus those placed using fiat currencies has increased as well by 27.6% in the same period in 2021. The only sector where consumers remained faithful to fiat payment options is the sportsbook. In this category, Q3 2021 data indicate that 98.76% of bets were made via traditional payment assets, while only 1.24% of them were placed in crypto.

Well-Equipped Platform

At the time being, the SOFTSWISS Online Casino Platform displays 20+ of the most popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Bitcoin Cash (BCH), and Tether (USDT).

In addition to the colorful spectrum of crypto payment options…

…consumers have access to a system that monitors player activity and protects against fraud. Aside from the cutting-edge platform, the corporation has a wide array of services.

These include the affiliate marketing platform and the Jackpot Aggregator which has recently delivered its first global jackpot in agreement with N1 Partners. Let’s not forget to mention Game Aggregator, which hosts 3,000+ games coming from over 40 providers, all optimized for cryptocurrencies.

Source:

“SOFTSWISS Online Casino Platform Supports Three New Cryptocurrencies”, softswiss.com, December 2021.

“reinforced with the addition of three new crypto-assets”

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