SoftSwiss Reports 31% Growth in Crypto Wagers in 2022


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James Patterson Crypto Casino Expert

Updated:February 28, 2023

The adoption of cryptocurrencies continues to grow rapidly across different industries, and the online gambling sector is no exception. According to recent reports, SoftSwiss, a leading online casino and sportsbook platform, has reported a 31% increase in cryptocurrency wagers in 2022. This growth in crypto gambling can be attributed to several factors, including the increasing popularity of cryptocurrencies and the growing demand for decentralized and secure betting options.

SoftSwiss provides an all-in-one solution for online casino and sportsbook operators, offering a range of services such as game integration, payment processing, and player management. The platform supports over 70 payment methods, including various cryptocurrencies like Bitcoin, Ethereum, and Litecoin. With the rise of cryptocurrencies, SoftSwiss has been at the forefront of integrating blockchain technology into its platform to offer players more secure, transparent, and anonymous betting options.

The increase in crypto wagers on SoftSwiss’ platform is a testament to the growing popularity of cryptocurrencies in the online gambling industry. Many players are now looking for a more secure and anonymous way to gamble online, and cryptocurrencies offer just that. Cryptocurrencies are decentralized, which means that transactions are not controlled by any central authority, making them more secure and less vulnerable to fraud or hacking. Additionally, the use of crypto casinos offers players greater anonymity, which is a big draw for those who value their privacy.

Another important factor driving the growth of crypto gambling is the increasing popularity of mobile gaming. As more people access online casinos and sportsbooks through their mobile devices, the demand for fast, secure, and convenient payment options has grown. Cryptocurrencies offer a solution to this problem, as they can be easily used on mobile devices and provide instant transactions without the need for intermediaries.

Another reason for the growth in crypto wagers is the increasing demand for decentralized betting options. Decentralized betting platforms use blockchain technology to enable trustless betting without the need for intermediaries like traditional online casinos. These platforms allow users to bet directly with each other, eliminating the need for centralized betting operators. SoftSwiss has recognized this trend and has been working on integrating blockchain technology into its platform to offer decentralized betting options to its users.

SoftSwiss’ growth in crypto wagers is also a reflection of the company’s commitment to innovation and customer satisfaction. The platform has been constantly improving its services to offer players a seamless and enjoyable betting experience. SoftSwiss has also been working on developing its own proprietary games, which will be available exclusively on its platform. These games will offer unique features and better payouts, further enticing players to bet with cryptocurrencies on its platform.

In conclusion, SoftSwiss’ 31% growth in crypto wagers in 2022 is a clear indication of the increasing adoption of cryptocurrencies in the online gambling industry. As more players seek secure and anonymous betting options, the use of cryptocurrencies in online gambling is set to continue to grow. SoftSwiss has been at the forefront of this trend, offering a range of cryptocurrencies as payment options and integrating blockchain technology into its platform. With its focus on innovation and customer satisfaction, SoftSwiss is well-positioned to capitalize on the growing demand for crypto gambling in the years to come.

About the author

James Patterson


James Patterson


James Patterson studied computer science in the Unveristy of Colorado before taking an interest in cryptocurrencies. For years James has worked with various online casinos on their tech implentation and is considered an expert in the field of crypto payments.