The data further supports a strong trend in the fast-paced growth of crypto gambling. The share was rated at as little as 6% at the end of Q1 2020, when it continued to step on fiat’s heels.
“The number of transactions processed via our services has been steadily increasing since 2019, but in 2020 we experienced a five-time growth in volumes. Since the beginning of the pandemic, the demand for crypto payment solutions has been rising, and we do not see this backing down now.
SOFTSWISS and CoinsPaid on Cryptogambling Growth | SOFTSWISS SOFTSWISS and CoinsPaid on Cryptogambling Growth | SOFTSWISS in iGaming, and we are targeting other niches too. Going forward, we can expect that crypto payment gateway will become widely spread across different economic sectors globally in a few years,” SOFTSWISS and CoinsPaid on Cryptogambling Growth | SOFTSWISS SOFTSWISS and CoinsPaid on Cryptogambling Growth | SOFTSWISS “BTC keeps going strong as it remains the most popular currency to date with 78.5% of iGaming market penetration. It’s closest runner up is ETH with 9%. Ethereum is yet another cryptocurrency players tend to go for in iGaming, which went through its ups and downs since its launch yet we don’t see it bypassing bitcoin by popularity at this stage.”SOFTSWISS is a pioneer in the cryptogambling market, as the innovative tech brand was the first in the world to launch a crypto online casino, powered by its own Online Casino Platform and the CoinsPaid crypto processing solution.
CoinsPaid provides a range of services aimed at delivering easy, convenient and secure access to operations in crypto and fiat currencies, both for business and individual needs.