Cryptocurrency
Bitcasino.io integrates Ethereum and innovative mobile-first cashier
Additional features part of continual focus to create the ultimate user experience
24th July, 2018 – Bitcasino.io, operated by the Coingaming Group, has taken yet another pioneering step in improving its user experience by integrating both a new mobile-first cashier and Ethereum as a payment method.
The new cashier function works seamlessly on all handheld devices, allowing players on the leading Bitcoin casino to easily track deposits and withdrawals, while Ethereum opens the door to players wishing to use the world’s second most popular cryptocurrency.
The implementation of these two key features comes at a time when mobile gaming is at an all-time high. As Bitcasino consistently strives to create a fun, fast and fair gaming experience, integrating both Ethereum and a new cashier presents the opportunity to give players complete control of their gaming experience.
Tauri Tiitsaar, Head of Casino at Bitcasino.io, said: “Mobile betting has never been more popular, so it makes sense for us to cater for players to offer the best service possible.
“We’re always looking to innovate and stay one step ahead of our rivals, and that’s exactly what we are doing with the launch of our mobile-first cashier and addition of the world’s second most valuable cryptocurrency. We are positive players will love both additions.”
Bitcasino users can now deposit, play, win and withdraw in both Bitcoin and Ethereum, while also taking advantage of BTCXE, the industry-first fiat-to-Bitcoin currency converter.
About Bitcasino:
Founded in 2014, as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator.
Bitcasino has an expansive, quality casino product featuring more than 1,400 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.
Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.
For more information about Bitcasino, please visit https://bitcasino.io.
Cryptocurrency
Navigating the crypto sportsbook landscape
As the gaming industry evolves, crypto sportsbooks have emerged as a popular choice for bettors. Understanding this new landscape is crucial for both newcomers and seasoned players. Dive into crypto betting to discover its unique advantages and challenges.
The rise of crypto sportsbook has been a significant development in the gaming industry, offering a fresh approach to sports betting through blockchain technology. This innovative form of betting appeals to tech-savvy individuals and provides opportunities for enhanced privacy and transaction speed. As a bettor, gaining insight into the crypto sportsbook landscape is essential for making informed decisions and maximizing your betting experience.
Crypto sportsbooks explained
A crypto sportsbook operates similarly to traditional betting platforms but utilizes cryptocurrencies like Bitcoin instead of fiat currencies. This shift brings several distinctions, such as decentralized management and faster transaction times. One of the key advantages is the increased level of privacy it offers, as personal data is not always required to place bets, which appeals to those who value their anonymity online. The seamless and speedy nature of transactions further enhances the user experience, allowing you to focus on placing bets rather than dealing with lengthy processing times.
Starting with crypto sportsbooks
To begin your journey with crypto betting, the first step involves setting up a secure crypto wallet. This digital wallet acts as a safe space for your cryptocurrencies and is crucial for protecting your funds. Next, you’ll need to purchase cryptocurrency through reputable exchanges that offer Bitcoin or other popular coins suitable for betting purposes. Selecting a reliable platform is paramount; look for platforms with positive reviews and strong security features to ensure your betting experience is both enjoyable and safe.
Betting options and markets
The array of sports and esports markets available on these platforms can be extensive, covering everything from traditional sports like football and basketball to emerging sectors like esports. With diverse betting types and odds formats available, understanding how these elements work can greatly enhance your strategic approach to placing bets. Exploring various strategies can help you make informed decisions, whether you’re venturing into live betting or sticking with conventional pre-match wagers.
Security and safety measures
Protecting your crypto assets should be a top priority when engaging in bitcoin sports betting. Implement robust security measures such as two-factor authentication and strong passwords to safeguard your accounts. Additionally, always be vigilant about potential scams in the decentralized sports betting space; research each platform thoroughly before committing any funds. By adhering to these security practices, you can ensure that your experience remains secure and enjoyable.
As you delve into decentralized sports betting, it’s important to stay informed about ongoing developments and regulatory changes that might affect your activities. By keeping abreast of industry trends and practicing responsible gambling, you can enjoy the benefits of this exciting new frontier in sports betting while minimizing potential risks.
Cryptocurrency
SOFTSWISS Survey Q3’24: 58% Cite Crypto as Key Driver in New Markets
SOFTSWISS, a tech company and pioneer in crypto gaming with over 15 years of experience, conducted a survey revealing that the majority view crypto as a key driver for growth in new markets. Experts also analysed this year’s crypto bets to share the latest insights.
Bitcoin recently reached a historic high, getting closer to 90,000 euro per coin. However, during the third quarter of 2024, it faced its sharpest drop in several years. SOFTSWISS experts examine how these market shifts have influenced iGaming performance in the quarterly ‘State of Crypto’ analytics.
A Quarter of the World’s Population Engages in iGaming
Global iGaming statistics indicate that approximately 26% of the world’s population were ever engaged in iGaming. By 2028, the iGaming market is projected to reach 243.2 million users, with a market volume nearing 130 billion euro, a substantial portion of which is expected to involve cryptocurrency.
SOFTSWISS data shows that during the 9 months of 2024, the Total Bet Sum, including both fiat and crypto, increased by 43.1% compared to the same period of 2023. Simultaneously, the Total Bet Count showed even more impressive growth, surpassing 44.5%.
An in-depth comparison analysis since 2022 demonstrates fiat bets are rising much more rapidly than crypto. A comparison between the first nine months of 2024 and the same period of the previous year revealed that the Fiat Bet Sum achieved a 50.4% boost. The conservative approach toward payment methods has resulted in Crypto Bet Sum growing at a slower pace compared to fiat and has led to a modest 4-percentage-points (p.p.) decline in the crypto share in 2024.
[1] Based on data from ongoing projects[
Potential of Crypto in iGaming 2025
According to the SOFTSWISS iGaming Trends 2025 Report, cryptocurrency is set to remain one of the preferred payment methods within the sector. Based on the company’s survey, 58% of respondents identified crypto as the primary driver of growth in new markets, underscoring its essential role in shaping the industry’s future.
Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, reflects on the possibilities of crypto: “Integrating crypto payments allows iGaming businesses to operate globally, delivering greater speed and convenience. With iGaming’s naturally borderless reach, this expands platforms’ access to a wider international audience, boosting their global growth potential.”
“What is more, crypto transaction fees can be almost three times lower compared to traditional fiat gateways, allowing iGaming businesses to save on processing costs and reinvest that capital”, adds Max Krupyshev, CEO of CryptoProcessing by CoinsPaid.
SOFTSWISS data confirms stable interest in crypto. In the first nine months of 2024, the Crypto Bet Sum increased by 15.2% compared to the same period the previous year. A long-term quarter-by-quarter analysis reveals a consistent growth pattern, though the third quarter of 2024 saw a 9 p.p. decline from the previous quarter. The drop aligns with the decline in the exchange rates of major cryptocurrencies, including Bitcoin, Litecoin, and Ethereum, which occurred in the third quarter.
Meanwhile, the Crypto Bet Count rose by 16.2% in Q3 2024, indicating stable interest in crypto gaming. This combination reveals that while engagement in crypto betting remains steady, the total wagered sum is closely correlated to fluctuations in cryptocurrency exchange rates.
Altcoins Share Growth
The top five most popular cryptos in iGaming have remained stable over the years, with some shifts in the ranking order. Bitcoin, Ethereum, Litecoin, Tether, and Dogecoin are the most popular among crypto players. While altcoins accounted for only 25.1% of bets over the first nine months of last year, their share increased significantly to over 47% during the same period in 2024.
Bitcoin’s share dropped by 22 p.p. during the nine months of 2024 compared to the same period of 2023. At the same time, Tether and Litecoin saw the most impressive share growth, with over 8 p.p. and 7.8 p.p., respectively. Ethereum strengthened by 4.9 p.p.
Another impactful trend reveals some casinos, like Rollbit and Shuffle, utilise their own iGaming tokens to boost player engagement. Tokens designed specifically for gaming offer enhanced compatibility across platforms, lower volatility, and exclusive perks for users. Crypto drives the development of new payment methods and business growth.
Vitali Matsukevich summarises: “Crypto offers iGaming operators key advantages beyond lower costs and global reach. Blockchain enhances safety and fairness through transparency and traceability, with each transaction and game result permanently recorded and tamper-proof. Partnering with trusted crypto experts allows operators to harness these benefits, positioning themselves for growth and effectively navigating market shifts.”
The new SOFTSWISS iGaming Trends 2025 Report offers more insights about crypto in the ever-evolving iGaming sector. The visionary report is free to download via the link.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka affiliate platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
Cryptocurrency
Rainbet Launches New Crypto Casino for Both New and Experienced Players
Rainbet is excited to announce the launch of its new online crypto casino that has been expertly designed to cater to both new and experienced players. With a range of new and exciting casino games and classics, such as online slots, roulette, and blackjack, Rainbet provides an unforgettable betting experience.
Crypto casinos are online platforms where players can place bets with cryptocurrencies like Bitcoin and Ethereum. Unlike regular casinos, online crypto casinos offer instant transactions that are much faster than conventional banking methods. Rainbet uses blockchain technology to guarantee the highest security for its players and, through its combination of speed, diverse game catalog, and reliable transactions, delivers an engaging gaming platform.
With a commitment to offering the best user experience, Rainbet ensures safe online practices and a fair and transparent gaming experience for all its players. “Rainbet is a safe and legitimate platform, with games created using a provably fair system,” said a spokesperson for the online casino. “This ensures that all games are fair and transparent, reinforcing player trust and confidence in the platform.”
Whether players are searching for classic casino games, such as online slots, blackjack, baccarat, and roulette, or are interested in eSports and live sports betting, Rainbet offers a diverse selection of the latest games with industry-leading technology and graphics.
Rainbet provides a comprehensive gambling experience that places a focus on fairness and legitimacy by adhering to rigorous standards and using advanced technology. This approach is highlighted in the online casinos’ easy and hassle-free deposits that enable players to confidently deposit real money to receive Rainbet currency, as well as the platform’s seamless and secure withdrawals.
Additionally, the crypto casino boasts an extensive array of online promotions and bonuses that are available across the platform’s most popular games. Rainbet also has a weekly 10% rakeback, which rewards players by returning part of their losses, reducing losses, and extending playtime.
“Compared to online Bitcoin casinos, Rainbet has more to offer, such as more games and exclusive promotions to make gambling more exciting. With daily, weekly, and monthly bonuses, players always have something extra to look forward to. These promotions, combined with an easy-to-navigate interface and a wide range of games, make Rainbet a top choice for crypto gamblers,” furthered a spokesperson for Rainbet.
Rainbet invites both new and experienced players to visit its website today to view its full catalog of games and the latest promotions.
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