Leading online gambling solution provider, Soft2Bet, has today announced that it is considering cryptocurrency as a method of payment on its products and platforms, in a recent interview with affiliate site operator Casino Daddy.
The award-winning supplier has spoken out about the increasing demand and popularity of cryptocurrencies within the online gambling industry, including at casino sites and sportsbooks, and has noticed a trend in growth due to the convenience and reliability.
Soft2Bet is a global multi-product provider to the online gambling industry and its solutions cover a wide range of product and service categories, including casino, payments, KYC and white-label.
The introduction of cryptocurrencies such as Bitcoin would allow the provider to expand its customer base and increase its market-share in active markets alongside its existing traditional payment methods.
As the firm reflected on recent activity and operations, Soft2Bet also gave insight in to the ethos of continuously developing within the global iGaming industry and the ability to form new strategic partnerships with operators and provider around the world.
Despite last year being challenging for many businesses in the online gambling industry, the provider has stated that it had a productive year and was able to expand its its license offering in Denmark.
A spokesperson for Soft2Bet shared comments on future plans for crypto expansion and why the digital currency addition could be on the cards sooner rather than later:
At the moment, Soft2Bet does not work with cryptocurrency payment methods. However, it is something we consider doing in the near future.
While we do have many traditional payment methods that we accept and provide to players, cryptocurrencies have definitely grown in popularity.
As many players prefer them since they are fast and reliable, we will try to bring them the same convenience and meet their needs.