SoftSwiss is a casino software platform that offers ready-made casinos and other online casino games provides services to customers. In addition to online casinos that are delivered ready-made, they also provide a payment processing provider that offers, for example, the option to let customers deposit with cryptocurrency . These innovative services of the company ensure that SoftSwiss is one of the most important players of the online casino industry. Partly because of this, SoftSwiss experienced a good 2021.
After a difficult year in 2020, SoftSwiss has recovered. That 2023 was a difficult year is also evident from the figures of January 2021. The sales figures of december 2021 are double those of January, where the corona Pericles from 2023 were still well felt. Part of this growth is the fact that SoftSwiss continues to enter new markets. The company is now also active with their casino games in Greece, Argentina, Brazil, India, Japan and Tunisia.
A shift in payment methods
For years, there was little choice how to deposit money at an online casino. Often this was via the known roads and you could choose between depositing dollars, Dollars, pounds or other known currencies. In recent years, there has been an increasing shift in this and SoftSwiss is trying to play a pioneering role in this.
SoftSwiss promotes the use of cryptocurrency for depositing money at online casinos. meanwhile, the company offers more than 25 crypto currencies as a payment option, including of course the best-known cryptos such as Bitcoin and Ethereum. This switch to a less conventional deposit method is especially popular in countries where it is not easy to pay through the conventional way at an online casino.
Cryptocurrency is on the rise
SoftSwiss has focused on Crypto as a payment method and that is clearly starting to pay off. in 2021, crypto already represented 40% of all currencies used to deposit on the SoftSwiss networks. SoftSwiss COO Andrey Starovoitov explains cryptocurrencies are a clear trend in the gambling industry, which is why we focus extra on the use of this currency. He continues the positive figures of 2021 are therefore a result of the chosen strategy regarding crypto. ̈
Bitcoin provided the lion's share when it comes to deposits through cryptocurrency. 83.3% of crypto payments were made with BTC. Ethereum (8%) and Litecoin (3.9%) follow in place 2 and 3, respectively.