In a remarkable journey spanning ten years, SOFTSWISS has etched a trail of success stories, marking a significant milestone in the iGaming industry. Celebrating its anniversary, the company reflects on pivotal achievements, with a spotlight on its groundbreaking foray into cryptocurrencies, as revealed in a recent press release.
SOFTSWISS, a pioneer in exploring the potential of crypto and digital currency payments for online casinos, has played a central role in championing the digital currencies ecosystem since 2013. Today, an impressive 70% of projects utilizing the SOFTSWISS Casino Platform seamlessly integrate digital currencies, constituting 15% of the total monthly payment volume.
The anniversary celebration underscores the integration of 20 distinct digital currencies into the core iGaming platform, reshaping partner businesses and enticing consumers with novel experiences. SOFTSWISS emphasizes the merits of these currencies, highlighting their high transaction capacity, swift processing speed, and streamlined Know Your Customer (KYC) procedures. While acknowledging the potential for anonymity, the company emphasizes the importance of adhering to KYC and Anti-Money Laundering (AML) protocols.
Max Trafimovich, Chief Commercial Officer at SOFTSWISS, affirms the strategic imperative of integrating digital coins in the iGaming sector, emphasizing their ability to overcome traditional payment barriers, ensuring a secure and efficient financial experience for players. Trafimovich states, "The significance of cryptocurrency lies in its ability to transcend traditional payment barriers, offering players a secure and efficient financial experience."
As the iGaming landscape evolves, Trafimovich asserts that embracing digital payments and cryptocurrencies is not merely a trend but a strategic necessity for companies aiming to remain competitive. This innovative approach caters to the preferences of tech-savvy users and positions iGaming operators at the forefront of digital innovation in an ever-dynamic market.
Acknowledging the challenges faced by players navigating the crypto gaming sector, SOFTSWISS has taken significant strides to enhance the onboarding experience. The introduction of the In-Game Currency Conversion solution enables players interested in crypto gameplay to seamlessly convert their FIAT bankroll into digital currencies, simplifying the process and fostering a more inclusive gaming environment.
Looking ahead, SOFTSWISS remains committed to demystifying cryptocurrencies and promoting their viability within the iGaming industry. The company's future endeavors include a series of podcasts and educational materials set to roll out in 2024, further solidifying its position as a trailblazer in the intersection of iGaming and cryptocurrency.