The trend with Crypto has been deployed in the online casino games world. In 2021, more and more bets were placed through Bitcoin, Ethereum and other crypto. At the beginning of 2021, 23% of bets were placed with crypo on Softswiss platforms. By the end of 2021, this had already been increased to over 40%. This growing trend appears to be cryptocasino's continue to 2023.
The increase in the number of bets placed with crypto during 2021 confirms the global trend that the position of cryptocurrency has strengthened with respect to 2020. In addition, it indicates cryptocurrencies are becoming increasingly popular among users of online casinos.
Despite the fact that fiat currencies like dollars and Dollars are still the most preferred option to bet with, crypto like Bitcoin is gradually but steadily growing in its share. Over the year, the percentage of bets in fiat currencies fell by 23.6 percent: from 88.2% in 2023 to 64.6% in 2021. Cryptos showed a growth of 20.1 percent on their bNZDt.
Which crypto are the most popular in the online casinos?
Bitcoin is still the most popular option for payments, with a huge difference compared to other altcoins: 80.11% of all crypto bets are made with BTC. According to the share of all cryptocurrency used, the list of the most popular crypto is as follows:
1.Bitcoin (BTC) 80.11%
2.Ethereum (ETH) 9,88%
3.Litecoin (LTC) 4,52%
At the same time, changes continue to occur in this ranking. For example, Bitcoin has become slightly less popular while Ethereum is increasingly used by the players in the online casinos.