SOFTSWISS and CoinsPaid Share Insights on Cryptogambling Growth

SOFTSWISS and CoinsPaid on Cryptogambling Growth | SOFTSWISSSOFTSWISS and CoinsPaid, have recently shared their exclusive insights into the currently fast-growing market of cryptogambling. The brands marked a rapid expansion, which was previously also seen in the SOFTSWISS Game Aggregator Q1 report, as crypto turnover increased to 26% at the end of March. Current crypto turnover has grown to 31%, bypassing the earlier figure just in two months’ time.

SOFTSWISS and CoinsPaid on Cryptogambling Growth | SOFTSWISS

SOFTSWISS and CoinsPaid on Cryptogambling Growth | SOFTSWISS

Some obstacles still exist for crypto to be accepted everywhere, but we are already seeing tremendous global change towards the subject reflected in new legal initiatives, CBDC development and, what is more important for us, large financial institutions starting to accept crypto and acquire crypto infrastructure projects. 

This all means that the crypto processing market is becoming more and more competitive and the race for the first place in the sector is on. We are happy to state that today CoinsPaid is the number 1 crypto payment provider 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,” says Max Krupyshev, CoinsPaid CEO.

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 and CoinsPaid on Cryptogambling Growth | SOFTSWISS, 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.