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Crypto Casinos Are Super Popular: Learn Why



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Cryptocurrency is a type of virtual currency that uses special cryptographic technologies to create and protect it. Cryptocurrency has not been unusual in recent years. A little more than 10 years have passed since the first digital currency appeared. In that time, this type of currency has become close to billions of people. And the number is growing relentlessly. Moreover, the leaders of many countries have taken notice of its investment potential. Nowadays, crypto can be used to buy various goods, pay restaurant bills, transfer as payment for services rendered and much more.

The logical outcome is the introduction of cryptocurrency into online casinos. Especially, no KYC online casinos have appreciated this new payment method, and, as you can learn from casino-howto, there are quite a few of them on the market. So to speak, its use as a payment instrument has become a major iGaming trend. Players are attracted by the decentralised nature of the currency, its security, independence from state authorities and absolute anonymity. All of these things combine to give the kind of comfort that each of us needs. All crypto casinos can be conventionally divided into two types. The first is a full-fledged digital casino. In such an institution, financial transactions are carried out only with digital “money”. The second option is called a hybrid option. It offers payments in both fiat and digital currencies.

Cryptocurrencies provide a high level of anonymity

As soon as cryptocurrency became widely known, many players started to choose blockchain casinos. It is 100% anonymity that attracts users from different parts of the world to place bets. Every time another transaction takes place between crypto wallets, players are assured of its confidentiality. No regulatory authority can trace the financial flows of every single taxpayer in their country. Yes, it is possible to track where virtual funds are being spent from a wallet linked to a specific individual if desired. But, firstly, this does not reveal the full identity of the individual in question. Secondly, in the absence of advanced technical knowledge in this area, it is impossible to conduct such research.

For added anonymity, bitcoin casinos often offer the fastest possible registration. If you come across a casino on the Internet that requires a user name, email and password in order to create a wallet, you are a typical casino that welcomes players to remain anonymous. Some operators are even more loyal to this procedure. There are casinos where you can create an account with just one click. But even that is not all. Some providers use innovative solutions even in the area of registration. In particular, one can come across websites that create a pre-account. In order to turn it into an account, you have to provide a system-generated username and, for example, an email.

Another positive thing about crypto casinos is that there is no or minimal verification. This attractive quality is still fundamental for those who do not accept the disclosure of their identity within the World Wide Web. To play games from the operator’s library, you don’t have to upload documents, enter data, or wait for a response from the institution’s administration regarding the result of verification. Register, make a deposit in cryptocurrency and play. Great! This trend is true for cryptocurrency customers in a regular online casino as well. There are situations where the terms of use of the site do provide for a verification process. It is required in exceptional cases. This refers to cases where the administration suspects the customer of carrying out fraudulent activities.

Deposits and withdrawals are much faster

The crypto casino in terms of payments is based on the use of a unique program. Certain actions are embedded in it. They are activated when the conditions set out in the smart contract are met. These very conditions must be clearly stated. In simple terms, the obligations of the two parties to the contract are fulfilled according to the formula “If…then…”. In fact, it turns out that in the case of winning, this amount is transferred to the crypto wallet automatically. Interference from intermediaries and banks is eliminated in the process of such transfers. Due to this, the waiting time for funds is reduced from 3-7 days (as often happens when using conventional payment systems) to a few minutes. Another advantage of using cryptocurrency is low or no commissions. And don’t forget that the blockchain is designed in such a way that no operator has the ability to limit the deposit amount.

The speed of transactions, surprising as it may sound, is influenced by the name of the cryptocurrency. The slowest transfers occur when using Bitcoin. It is the most expensive, the most popular and the slowest currency. In terms of rationality, Bitcoin is not the best choice among cryptocurrency currencies. Sometimes it can take up to a day to receive funds. The second most popular bitcoin currency is Ethereum. Even during the busiest times of the blockchain, money arrives in the wallet within half an hour. During the system’s ‘down time’, you can talk about a few minutes to complete a transaction. This is a very nice thing to have. But there is one “but” – the amount of commission can vary. Sometimes they are quite large. And another one of the most popular currencies is Litecoin. This is the currency that I am willing to advise you on. It delights with very fast transfers – up to a few minutes with low commissions. It is exactly what you need for instant deposits and withdrawals.

Crypto casinos are the future. The stifling of the full transition to the digital world is largely due to the fear of the unknown for many players. It only takes one crypto transaction to understand its simplicity. In this case, instructions and schemes published in the information section of the casino’s website can help. All you have to do to make a transaction is provide your wallet address, transfer amount and authentication key. Gaming clubs that offer cryptocurrency payments have controls over any financial transactions. Whether it is betting history, amounts, winnings or any other monetary activity, it is impossible to fake this information. Accordingly, you can always be sure that the casino will not cheat you.

Much more games are available at crypto casinos

While there is a difference between blockchain and classic slots when it comes to payments and anonymity, the gaming part is no different. Bitcoin casinos offer an equally impressive selection of slots, table and card games, video poker, craps and craps. This suggests that along with all the benefits of using cryptocurrency, you get access to a wide gaming library. What’s more, some venues offer such a large selection of games that many traditional casinos can’t boast. For example, one of the largest gambling sites, 7BitCasino, has over 5,000 titles to offer. Most of them accept bets in cryptocurrencies. Thus, video slots with cryptocurrency support are offered in more than 1,000 models, table games (roulette, blackjack, baccarat, Sic bo) based on RNG, other models (bingo, scratch cards, wheel of fortune, etc.) several hundred more.

So why does the number of bitcoin games continue to grow? The answer is obvious – the potential of the digital currency is visible not only to operators but also to the providers themselves. More and more studios are adapting their developments for blockchain, which means that their selection is also growing. For example, the number of rooms where real croupiers accept bets, including in bitcoin, has grown significantly recently. Crypto-gaming is characterised not only by a large number but also by diversity. A variety of plots, the use of innovative techniques and variations of game types.


Navigating Bitcoin’s Impact: SOFTSWISS’ iGaming Industry Overview



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In March 2024, Bitcoin soared to a historical high, nearing 70,000 euro per coin. How does this impact the iGaming market? Being a tech company with over 15 years of experience and an innovator in crypto iGaming software development, SOFTSWISS shares anticipations in its quarterly crypto analysis.

Over 220 brands powered by the company engaged in crypto transactions during the first quarter of 2024, which is 12% higher than the previous quarter. SOFTSWISS experts analyse the data gathered from crypto-friendly brands by employing extrapolation, comparative, and correlative analysis.


iGaming Market Overview: Unveiling Anticipated Growth

The size of the global online gambling and sports betting industry is expected to rise significantly and exceed 170 billion euro by 2032, according to Statista. Based on SOFTSWISS data, the iGaming market has demonstrated a stable pattern of growth year after year.

In absolute terms in euro, the Total Bet Sum grew by 5.8% in the first quarter of the year compared to the last quarter of 2023. Analysing the year-on-year increase, comparing Q1’24 with Q1’23, the growth is more impressive, showcasing a 47.2% boost.

Simultaneously, the Total Bet Count, both fiat and crypto, displayed a slightly larger gain in the first quarter of 2024 compared to the previous quarter, surpassing 6.1%. The indicator’s year-on-year boost is much more notable, revealing a 57.2% increase.

The popularity of iGaming in recent years has been fuelled by its global reach and accessibility due to constant technological advancements. On one hand, the quality of internet connectivity continues to rise, while on the other, new payment methods are emerging, simplifying payment procedures.

The in-depth quarterly analysis, ongoing since the beginning of 2022, reveals that fiat bets are undergoing more substantial growth compared to crypto bets. In Q1’24, the Fiat Bet Sum increased by 6.9% compared to Q4’23, while the rise of Crypto Bet Sum was at 2.4%.


The more active growth of fiat bets led to a slight decrease in the share of crypto. In the first quarter of 2024, the crypto share in the Total Bets Sum settled at 24.4%, decreasing by 0.8 percentage points (p.p) compared to the last quarter of 2023.


What is the State of Crypto in iGaming?

Analysing crypto bets, it is crucial to highlight that almost 93% of them are facilitated through the in-game currency conversion tool, which is gaining traction. This mechanism allows operators to engage players with cryptocurrency assets in games initially tailored for fiat only. Operators that adopt such options are gaining more competitive advantages in the market.

While the Q1’2024 Crypto Bet Sum shows a moderate 2.4% growth compared to the previous quarter, the year-on-year analysis demonstrates a 20.8% increase. The Crypto Bet Count remained unchanged in Q1’24 compared to the previous quarter’s indicator. Simultaneously, the metric increased by 21.3% year-on-year. The figures speak volumes, showcasing a consistent interest among players in crypto gaming.

“The lack of a substantial increase in the number of crypto bets during Q1’24 can be partly attributed to the significant rise of the Bitcoin exchange rate during this period, leading players to be more cautious with their crypto bets.  This trend mirrors the situation in the first quarter of the previous year when the Bitcoin exchange rate surged following a decline at the end of 2022,” comments Vitali Matsukevich, Chief Operating Officer at SOFTSWISS.


What Distinguishes the Average Crypto Bet?

The average crypto bet increased to 1.71 euro in the first quarter of the year from 1.66 euro in the last quarter of 2023. This growth correlates with a significant strengthening of the Bitcoin rate during the first quarter of 2024.

The average fiat bet remained steady at around 0.81 euro in Q1’24 and Q4’23. The average total bet stayed constant since the second half of the previous year and is equal to 0.93 euro.


Notably, the average crypto bet is double that of fiat. This indicates that digital currencies are preferred by higher-income players.

Why Did Bitcoin’s Share Drop?

The Top Five most operated digital coins in iGaming have remained stable during the last two years with minor changes in ranking order. The top still includes Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether.


In Q1 2024, Bitcoin experienced a significant decline of 9.4 p.p. compared to Q4 2023. This could be attributed to the bolstering Bitcoin exchange rate and players exercising a more cautious approach towards it.

In contrast, the shares of other digital coins have increased. Ethereum and Litecoin showed growth of 4.0 p.p. and 3.8 p.p., respectively, during the same period. Simultaneously, Dogecoin rose to fourth place in the ranking, leaving Tether behind.

Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, summarises: “The benefits of employing digital currencies, such as fast transactions and anonymity, still attract many players. Embracing cryptocurrencies in iGaming can boost operator profits despite their volatile nature.

As the Bitcoin rate is expected to strengthen after the Bitcoin Halving, the average crypto bet and projected gains may see a notable impact. During such promising times, it is crucial to have reliable and experienced partners to navigate the path to success.”



SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.



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CryptoSlots Celebrates 6th Birthday with VIP Bonuses and New Games



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In honour of its 6th Birthday, this month, CryptoSlots, a trailblazer in crypto gaming, is marking the occasion with the introduction of new games, generous bonuses for all players, and complimentary tokens for the thrilling $1 million Jackpot Trigger game, adding extra excitement to the celebration.

CryptoSlots has achieved several milestones over the past year. This includes the launch of over 20 new games such as Chinatown High Limit, Bank Bust, Pawsome, Twin Wins, and Forest Fairy Fortune, expanding their unique gaming portfolio for players worldwide.

While the last $1 million Jackpot Trigger prize was claimed in 2022, the crypto casino recently celebrated a significant win as player WHAMZY09 scooped $200,000, securing two $100,000 prizes in a single game on April 18. This highlights the continued excitement and potential for substantial winnings on CryptoSlots.

Additionally, CryptoSlots has seen impressive payouts in its Crypto Lotto, with the highest recorded payout reaching $17,428, demonstrating the rewarding nature of its lottery offerings.

Furthermore, the crypto-only casino has made strides in the metaverse by launching a Virtual Showroom with Monthly Rewards in Decentraland, a virtual social world built on blockchain technology. This move allows CryptoSlots to engage with players in innovative ways, offering unique experiences and rewards within the Decentraland universe.

CryptoSlots manager, Michael Hilary commented: “We are thrilled about the future and the boundless opportunities that cryptocurrencies offer. As the landscape of digital currencies continues to evolve, we envision a future where cryptocurrencies revolutionize not just the gaming industry, but every aspect of finance and commerce. With innovation at our core, CryptoSlots is poised to lead the charge into this exciting future.”

“With its presence in Decentraland, CryptoSlots aims to enhance player engagement and offer a novel gaming experience that aligns with the evolving landscape of online entertainment,” continued Hilary.

This month CryptoSlots releases Shadow of the Tomb, an electrifying 6×4 Tomb Raider-inspired slot. Players are plunged into a world filled with ancient relics and treasures where they can win up to 5000x their bet and unearth haunting riches!

Later this month, get ready to embark on an adventure through the untamed wilderness of Alaska with the relaunch of the Wild Alaska slot, boasting enhanced graphics.

At CryptoSlots, transactions for deposits and withdrawals are solely conducted through cryptocurrency. Boasting dozens of provably fair slots, the platform continuously introduces new games. Players accrue tokens for the $1 million Jackpot Trigger slot and receive complimentary tickets for the monthly $10,000+ Crypto Lotto each time they engage in gameplay.

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TG.Casino Signs Partnership with AC Milan



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AC Milan and TG.Casino announced a new partnership, which sees the crypto casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe.

This new collaboration between two frontrunners in their own fields offers a great opportunity to create something new and innovative. This partnership demonstrates the platform’s intent to take on and beat the iGaming competition to become the ultimate destination for all ambitious players. The deal catapults TG.Casino into the top ranks of GameFi by bringing the brand into the living rooms and onto the mobiles of tens of millions of consumers all over Europe.

Through this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club. From visits to the Milanello training centre to winning official AC Milan jerseys and VIP access at the San Siro stadium, football fans will have the chance to enjoy unique and exclusive experiences.

The new partnership provides AC Milan with a new fan engagement tool, creating bespoke experiences, which aim to give them more access, and bring them even closer to their beloved Club.

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