The Future of Cryptocurrencies in Online Casinos

Casinos that accept cryptocurrencies are starting to take the lead in gamblers’ preferences. A significant percentage of iGaming platform users are also cryptocurrency users, with Bitcoin leading the way, as it was the first and is still the most important cryptocurrency. For these gamblers, the casino’s acceptance of deposits and payment of game prizes in cryptocurrency is obviously relevant.

Due to the recent growth in the use of cryptocurrencies, as well as their wider trivialisation, the availability of reliable crypto casinos can be expected to increase. Casino platforms tend to meet their customers’ preferences in all requirements: variety of games (including diversity of software provider companies), quality of customer service, availability in mobile, bonuses and promotions, etc. Payment methods are a determining factor in engaging and keeping customers, as most people prefer to always use payment and withdrawal methods that they already know.

According to a recent survey conducted by software company SoftSwiss, cryptocurrencies have seen a significant increase in usage in the casino industry. in 2020 and 2021 there has been a grown in their adoption of nearly 180%.

SoftSwiss also found that 78.5% of all deposits in casinos that accepted cryptocurrencies were made with Bitcoin during the second quarter of 2021.

Thus, we believe that the future is quite promising for cryptocurrencies in the online gambling world.