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It is no secret how there seems to be a major opportunity for digital currency to gain mainstream adoption in the iGaming world. Even though Bitcoin adoption is still fairly slow when looking at things on a global wallet, companies like Cubits are working hard to pave the way. Thanks to this convenient wallet service, iGaming operators from all over the world can accept Bitcoin payments without too much hassle.
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There is a beautiful relationship blooming between Bitcoin and the world of IGaming. In fact, some industry experts go as far as calling it “a match made in heaven”. Due to Bitcoin’s nature of enhancing finance and payments, the popular digital currency – and its underlying technology – will keep making media headlines. iGaming is a business where Bitcoin’s qualities can truly shine.
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The online gambling industry seems to be leaning towards Bitcoin as a preferred payment method, compared to traditional options such as credit cards and other online payment processors. With Bitcoin, there are little to no transaction fees, which is extremely beneficial for all parties involved. As a result, Bitcoin-related casino’s can now strike interesting partnership with iGaming software providers.
These days, it is not difficult to set up a Bitcoin-related casino and there are a number of white label solutions to choose from. However, that being said, making your Bitcoin casino profitable and a household name are two different things entirely, particularly in this competitive market, where such a thing as early adoption is a distinct advantage.
Bitcoin and iGaming seem to go hand in hand these days, as the ever popular digital currency offers iGaming merchants an extra revenue opportunity. During the ICE Totally Gaming conference, which is currently ongoing, one of the days was completely dedicated to Bitcoin. It was during that day we were presented with a new breed of Bitcoin ATM, developed by SoftSwiss and Cubits.
SoftSwiss is a company well known for their casino software, or to be more precise, their Bitcoin casino software. SoftSwiss recognized the potential of Bitcoin as a rapidly emerging alternative to both electronic money and traditional currencies. Online gamblers highly value their anonymity, and Bitcoin is offering exactly that option.
