You own your money and control your transactions. No one can take your Bitcoins away from you or freeze your ‘crypto account’ due to the sheer absence of a central regulatory authority in the system. IGaming Trends Bitcoin gambling advantages for players In tandem with Bitcoin hitting peak price and in a year with so much hype surrounding the crypto market, it comes as no surprise that the share of online crypto gambling would increase. This comes in contrast to the roughly 5% share held by bets in crypto for the previous year. Over a quarter of all bets made across SOFTSWISS-powered brands are now in crypto. Its closest runner-up was Ethereum, with Ethereum gambling holding an average 10% share. Based on the SOFTSWISS State of Crypto report for 2021, Bitcoin gambling roughly held a share of 80% across hundreds of iGaming brands powered by SOFTSWISS products. When it comes to cryptocurrency betting, gambling with Bitcoin is at an all-time high in 2023.

While there are many types of crypto gambling and betting sites based on deposit method (integral or integrated), game portfolio (proprietary or integrated), or on-chain/off-chain gameplay, we are going to focus on examples of brands that use a crypto payment processor and an integrated gaming portfolio. The crypto payment processing method that powered the solution later evolved to become CoinsPaid. SOFTSWISS is one such business, though it launched its crypto casino solution back in 2013, at the dawn of online crypto gambling. In the new age of DeFi (decentralised finance) more and more iGaming businesses are finding ways to integrate Bitcoin and blockchain into their offering. While it has seen its fair share of doubt and ridicule when it launched, today it is by far the best-known and most popular gambling cryptocurrency in 2023.

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