The Softswiss online casino platform has added three new altcoins to its portfolio of supported cryptocurrencies, bringing the total number of digital currencies available to more than 20.
The platform will now support Binance Coin, Cardano and Tron. Although Tron is currently 22nd most popular cryptocurrency at the time of writing, Softswiss noted that “it aims to decentralise the internet with blockchain technology and serve as a global online content sharing platform”.
“Cryptocurrencies have shown time and again that people are interested in the opportunities they offer and are already actively using them in their daily life, including online gambling,” commented Vadim Drozd, head of payments at Softswiss.
“Therefore, the support of three new cryptocurrencies will be exactly the solution that will help operators expand their reach and attract new audiences to their casinos.
“As a consequence, this will have a positive impact on both the count and sum of bets. I am confident that everyone will benefit from our new upgrade, operators and players alike. We, in turn, will continue to work to offer our clients new opportunities for growth and development.”
Softswiss believes that the addition of the altcoins “will increase the number of players and will also have a positive impact on the financial performance of operators”.
Currently, the Softswiss online casino platform supports more than 20 cryptocurrencies including Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Cash and Tether. In addition, Softswiss clients have access to a system that monitors player activity and protects against fraud.
A recent report published by Softswiss found that crypto is fast becoming the payment method of choice for many casino players.
The new report, which looks at the development of cryptocurrency across Softswiss’ online casino platform, sports betting platform and game aggregator clients, has found that crypto payments increased by 28 per cent between Q2 2021 and Q3 2021.