Crypto Gambling Trends 2022: SOFTSWISS Shares Q1 Insights

Author: Live Casino Direct
 
Crypto Gambling Trends 2022: SOFTSWISS Shares Q1 Insights
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SofTSWISS is the leading company in crypto gambling. The company's report confirms the growing adoption of cryptocurrencies. The report shows the comparative data for the 1st quarter of 2021 and the same period of the current year.

SofTSWISS reports that the sum of bets in digital coins in Q1 2022 more than doubled compared to the same period last year. Crypto gambling has become an independent, full-fledged, and extremely promising line of business.

Fiat currencies still hold the leading position, having 64% of the total volume. The share of cryptocurrencies is steadily growing every quarter. If such dynamics continue, the share may become equal over the course of next year.

SofTSWISS shares Q1 Insights. Bitcoin's share decreased by 10% in Q2 2022. The share of the top 3 cryptocurrencies increased by 3.45% and 2.95%.

Andrey Starovoitov, COO at SOFTSWISS, commented on the popularity of the cryptocurrencies today. Bitcoin will still be the leading cryptocurrency for deposits in the near future, but more players will diversify their funds with other cryptocurrencies.

SofTSWISS shares Q1 results. The company predicts that cryptocurrencies will be showing further growth in the iGaming market. Traditional casinos will become more regulated in order to attract new operators to the crypto gambling niche. The product itself is connected crypto processing and crypto exchange services. New needs are emerging, for instance, using NFTs to gamify the player experience and build a community around the online casinos.

SOFTSWISS is a widely-acclaimed iGaming expertsupplying certified software solutions for managing gambling operations. The company has an international team, which counts 1000+ employees, and has official presence in Malta, Belarus, Poland, Georgia. In 2013 SOFtsWiss was the first in the world to introduce a bitcoin-optimised online casino solution.

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