More than 70% of all projects powered by the SOFTSWISS Casino Platform support digital currencies.
With 15% of monthly payments made in cryptocurrencies, says SOFTSWISS, which offers innovative products for iGaming, while celebrating the 10th edition of its Crypto Casino Solution.
In the ever-evolving landscape of online gaming regulations, cryptocurrency-friendly solutions look more promising than ever.
According to the 2024 iGaming Trends Report, cryptocurrency payments are setting a long-term trend.
Pioneering in the use of digital currencies
In 2013, SOFTSWISS became the first technology company to harness the potential of digital currencies, leading the way in the iGaming industry.
Starting with Bitcoin, SOFTSWISS has expanded its cryptocurrency offering to encompass nearly 20 digital currencies.
The adoption of cryptocurrency payments is not surprising given the variety of its unique features and strengths that amplify the effectiveness and appeal of online transactions:
High Transaction Capacity: Cryptoprocessing by CoinsPaid, used in the SOFTSWISS Casino Solution, guarantees an exceptionally high payment capacity, reaching 100%.
Fast Transaction Speed: Cryptocurrency payments ensure a fast and efficient process, allowing you to quickly receive funds after transactions.
Cost-Effectiveness: Operators gain a cost-effective advantage through reduced fees. Simplified KYC Procedure: The simplified Know Your Customer (KYC) procedure eases the operational burden on support teams during withdrawal processes.
Maximum Anonymity: Players can maintain maximum anonymity when making deposits due to minimal disclosure of personal information or identifiable data.
“In the iGaming sector, integrating digital currencies is not just a trend, but a strategic imperative”, summarizes Max Trafimovich, Commercial Director at SOFTSWISS.
The importance of cryptocurrencies lies in their ability to transcend traditional payment barriers, offering players a safe and efficient financial experience.
This innovative approach meets the evolving preferences of tech-savvy users and positions iGaming operators at the forefront of digital innovation in an increasingly dynamic market..
As cryptocurrencies continue to redefine financial norms, their role in iGaming becomes crucial for operators looking to remain competitive and meet the expectations of a modern and diverse player base.”
SOFTSWISS Commitment to Player Experience
Driven by an unwavering commitment to elevating the player experience, in 2022, SOFTSWISS introduced the In-Game Currency Conversion feature.
This feature allows players with cryptocurrency assets to easily participate in games initially designed for fiat currency transactions.
One year after launch, 85% of all bets at cryptocurrency casinos powered by the SOFTSWISS Casino Platform were placed through the feature.
As a pioneer in cryptocurrency-friendly solutions, SOFTSWISS recognizes its responsibility as an industry reference and openly shares its extensive expertise.
The quarterly presentation of comprehensive analytical reports detailing the state of cryptocurrencies in the iGaming sector serves as a valuable resource for market participants.
This proactive approach not only promotes awareness among industry stakeholders but also facilitates a deeper understanding of prevailing trends.
Additionally, SOFTSWISS is about to begin an in-depth podcast series focused on cryptocurrency-related topics.
These podcasts will feature insights and discussions led by the company’s leading experts. All of this includes members of senior management, providing a valuable opportunity for the public to delve into the complexities of cryptocurrency-related matters. The official launch of cryptocurrency podcasts is coming soon.
About SOFTSWISS
SOFTSWISS is an international iGaming company that provides certified software solutions for managing online gaming operations. The team of experts, which has 1,700 employees, is based in Malta, Poland, Georgia and Belarus.
Currently, SOFTSWISS holds several gaming licenses and offers complete iGaming software solutions.
Furthermore, the company has a wide range of products, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the sports betting platform and the Jackpot Aggregator.
