SoftSwiss and CoinsPaid, two crypto gambling industry innovators, have provided unprecedented insights into the currently fast-growing crypto gambling business. SoftSwiss and CoinsPaid are forerunners in gaming-focused cryptocurrency payments. These firms have demonstrated that virtual currencies have a bright future if they are focused on gaming.
With the emergence of crypto gateways in recent years, CoinsPaid has been working hard to stay ahead of the competition and provide trustworthy and safe solutions for its clients in the iGaming, betting, and crypto industries. CoinsPaid provides services and solutions that assist New Zealanders in choosing online casino providers at CasinoDeps.co.nz and realizing the potential of cryptocurrencies.
The CoinsPaid ecosystem enables you to operate with both national and digital currencies swiftly, profitably, and efficiently. Today, CoinsPaid is one of the most well-known crypto processing companies in the world, handling 5% of all BTC transactions.
SoftSwiss is a global technology company that provides internationally regarded, accredited software solutions for managing iGaming operations. SoftSwiss owns a variety of gaming licenses and offers a “one-stop-shop” white label solution for its customers, handling all technical, legal, and financial processes.
The company’s product range is extensive, and it comprises an Online Casino Network, a Game Aggregator with thousands of casino games, an affiliate platform, and a recently introduced sportsbook platform. SoftSwiss is considered the top technical specialist in the usage of cryptocurrencies in online gaming as it was the first company in the world to provide a bitcoin-optimized online casino system in 2013.
SoftSwiss and CoinsPaid Collaboration
The brands saw significant growth, as demonstrated in the SoftSwiss Game Aggregator Q1 report, with crypto turnover increasing to 26 percent at the end of March. In just two months, crypto turnover has risen to 31%, surpassing the previous number. The data confirms a clear trend in the rapid expansion of cryptocurrency investments in gaming. The share was rated as low as 6% at the end of the first quarter of 2020 when it continued to nip at Fiat’s heels.
Because of their ease of use, safety, and anonymity, cryptocurrencies have become a popular topic in gambling games. Bitcoin is the most popular cryptocurrency for these online betting, and its popularity has grown since Covid-19. CoinsPaid, located in London, is the major marketer of these gambling games centred on modern financial technologies.
The Popularity Around Crypto Trading
CoinsPaid handles cryptocurrency transactions in the United Kingdom and demonstrates how cryptocurrency has become competitive. Since the inception of Bitcoin, this new financial sector has enabled worldwide transactions. This is why CoinsPaid believes that crypto trading represents a new environment that has the potential to dethrone fiat money.
The CEO of Max Krupyshev believes there is huge competition in the cryptocurrency sector, but they aim to do their best. Krupyshev is pleased to announce that his firm is the first payment affiliate in the iGaming industry. However, the CEO states that he is also looking into new financial sectors.
CoinsPaid fully supports cryptocurrency, and now that it has joined SOFTSWISS, this aim is becoming clearer. According to SoftSwiss COO Andrey Starovoitocv, Bitcoin is still the most often used cryptocurrency for payment processing. However, Ethereum is also found, accounting for 9% of all transactions in online casinos. SoftSwiss began accepting cryptocurrency payments in online betting in 2013, but it reached a high point this year.
The firm that administers cryptographic payments, CoinsPaid, grows and attracts more involvement. Starovoitov believes that cryptocurrencies will acquire involvement in the new year by attaining a historical value. Bitcoin had amassed $60,000 million by April, but it had lost more than half of its value by May.
Furthermore, according to Max Trafimovich, Chief Commercial Officer at SoftSwiss, they needed a solution that would provide them with consistency and that they could totally rely on. Unlike most other solutions on the market, whose operations and business practices are not completely open, CoinsPaid provides them with the opportunity to fully manage bitcoin wallets used for processing. He went on to further share that, “First things first,” is the base of CoinsPaid’s philosophy.
Everything else was secondary to the sheer excellence and stability of their processing engine. The solution may not be too feature-rich just yet, but the solid technological foundation is in place, and everything works flawlessly. Payments, like the games themselves, are the cornerstone of the online gambling industry. The value offered by the entire product – the SoftSwiss online casino management platform – has risen with the addition of a trustworthy solution for processing bitcoin payments.
The cryptocurrency world and online gaming are extremely popular among crypto enthusiasts. However, several European authorities oppose the plan, calling it unlawful. However, these criticisms are to be expected given the extensive participation of crypto laws.For the time being, these cryptocurrency payments to gamble offer a wonderful chance for all users. Bitcoin may be sent to the betting profile using a variety of crypto platforms. SoftSwiss has also developed a simple crypto transaction system for novice crypto enthusiasts to utilize.