{"id":2049,"date":"2021-02-26T10:57:23","date_gmt":"2021-02-26T10:57:23","guid":{"rendered":"https:\/\/www.casinousa.com\/?p=2049"},"modified":"2021-02-26T10:57:23","modified_gmt":"2021-02-26T10:57:23","slug":"softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020","status":"publish","type":"post","link":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020","title":{"rendered":"SoftSwiss Reports Online Gambling Using Cryptocurrency Tripled in 2020"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2021\/02\/softswiss-reports-rise-of-cryptocurrency-triples-in-2020.jpg\" alt=\"SoftSwiss reports rise of Cryptocurrency triples in 2020\" width=\"300\" class=\"alignright size-full wp-image-2050\" \/>Provider and aggregator of top-quality online games, <a href=\"https:\/\/www.softswiss.com\/\">SoftSwiss Game Aggregator<\/a>, in its latest industry report, has mentioned that there is a three times increase in the value of cryptocurrency based gambling traffic in 2020, compared to the prior year. <\/p>\n<p>Unsurprisingly, <strong>Bitcoin<\/strong> is the frequently used crypto in online gambling. Specifically, the numero uno crypto accounts for 90% of crypto payments. <strong>Ethereum<\/strong> (ETH) and <strong>Litecoin<\/strong> (LTC) represent the rest 10% of crypto revenues.<\/p>\n<p>A study of the data gathered by the company indicates that cryptos are currently being utilized throughout the world, and that there is a noticeable rise in the crypto users, mainly in Canada, Russia and Latin America. Even though the aforementioned 3x increase in the use of crypto is a bit surprising, reports of Bitcoin esports betting gaining momentum across the globe is not. <\/p>\n<p>Several world class online game facilitators such as <strong>LuckBox, Loot.bet and Unikrn<\/strong> have acknowledged considerable rise in the crypto revenue last year. This parallels with the sharp rise in the amount spent on esports betting last year. It is now amply clear that Bitcoin and other cryptos are gaining mainstream adoption and widely utilized by bettors and online gamers. <\/p>\n<p><strong>Andrey Starovoitov<\/strong>, COO (Chief Operating Officer) at SoftSwiss Game Aggregator, opined that the king of cryptocurrency is \u2018<em>no longer exotic<\/em>\u2019. He anticipates a large number of online gaming firms to accept cryptos, in addition to casino operators.<\/p>\n<p>The report further strengthens earlier claims that <a href=\"https:\/\/www.casinousa.com\/news\/next-gaming-launches-mobile-esports-game-titled-bust-a-move\">gamblers involved in esports<\/a> betting with cryptos as mode of payment tend to make high risk bets in comparison to those using fiat currency.<\/p>\n<p>In fact, a study conducted by Loot.bet indicated that if a gambler places a bet on esports platform using fiat money, then an identical bet made by another client using <a href=\"https:\/\/www.casinousa.com\/payment-methods\/bitcoin\">Bitcoin<\/a> or altcoin is likely to be double in value.<\/p>\n<p>Additionally, the study also identified that along with esports betting, several users also utilized their preferred cryptos to take part in esports <a href=\"https:\/\/www.casinousa.com\/games\/slots\/real-money-slots\">slots games<\/a> as well. A notable feature of this rise in the use of cryptos for esports betting is that people of a specific age group are leading this way of betting.<\/p>\n<p>Last month, a document published by Spanish banking focused web page 2gether disclosed that 56% of its crypto users fell in the age group of 26 to 45. Furthermore, 77% of crypto users were male and white-collar professionals, for example engineers, accountants and lawyers. For crypto enthusiasts, the study report revealing the rise in popularity of cryptos was not surprising. <\/p>\n<p>However, crypto enthusiasts and online gaming firms are closely monitoring to understand growth of cryptos and the speed of mainstream adoption. Understandably, the growth of Bitcoin and altcoins in online gaming arena has just begun.<\/p>\n","protected":false},"excerpt":{"rendered":"Provider and aggregator of top-quality online games, SoftSwiss Game Aggregator, in its latest industry report, has mentioned that there is a three times increase in the value of cryptocurrency based gambling traffic in 2020, compared to the prior year. Unsurprisingly, Bitcoin is the frequently used crypto in online gambling. Specifically, the numero uno crypto accounts [&hellip;]","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-2049","post","type-post","status-publish","format-standard","hentry","category-news","category-industry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SoftSwiss Reports Online Gambling Using Cryptocurrency Tripled in 2020<\/title>\n<meta name=\"description\" content=\"SoftSwiss, has mentioned that there has been a three times increase in the value of cryptocurrency based gambling traffic in 2020\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SoftSwiss Reports Online Gambling Using Cryptocurrency Tripled in 2020\" \/>\n<meta property=\"og:description\" content=\"SoftSwiss, has mentioned that there has been a three times increase in the value of cryptocurrency based gambling traffic in 2020\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020\" \/>\n<meta property=\"og:site_name\" content=\"CasinoUSA News\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-26T10:57:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2021\/02\/softswiss-reports-rise-of-cryptocurrency-triples-in-2020.jpg\" \/>\n<meta name=\"author\" content=\"Mihajlo Ivanovic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@MixeryMachine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mihajlo Ivanovic\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020\",\"url\":\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020\",\"name\":\"SoftSwiss Reports Online Gambling Using Cryptocurrency Tripled in 2020\",\"isPartOf\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2021\/02\/softswiss-reports-rise-of-cryptocurrency-triples-in-2020.jpg\",\"datePublished\":\"2021-02-26T10:57:23+00:00\",\"author\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/9da2668353e01ee818b7a514d473ed4f\"},\"description\":\"SoftSwiss, has mentioned that there has been a three times increase in the value of cryptocurrency based gambling traffic in 2020\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020#primaryimage\",\"url\":\"\",\"contentUrl\":\"\",\"width\":380,\"height\":250},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casinousa.com\/news\/#website\",\"url\":\"https:\/\/www.casinousa.com\/news\/\",\"name\":\"CasinoUSA News\",\"description\":\"Just another CasinoUSA Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casinousa.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/9da2668353e01ee818b7a514d473ed4f\",\"name\":\"Mihajlo Ivanovic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/52f1bfee935f51b44c8013ec16c1954afe896cd11f3b0eb88edaafe01f4c6207?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/52f1bfee935f51b44c8013ec16c1954afe896cd11f3b0eb88edaafe01f4c6207?s=96&d=mm&r=g\",\"caption\":\"Mihajlo Ivanovic\"},\"description\":\"Mihajlo is our content writer and an expert when it comes to online casino games. He knows everything about all kinds of video slots and table games, and he is in tune with the latest releases from top iGaming software providers. If you need to learn the rules of a particular game or find out where to play it online, Mihajlo\u2019s write-ups will serve as a great guide. His knowledge of the industry comes from playing a lot of casino games himself, and his other hobbies include reading books, hiking, and playing the bass guitar.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/mihajloivanovic\",\"https:\/\/x.com\/MixeryMachine\"],\"url\":\"https:\/\/www.casinousa.com\/news\/author\/mihajlo-ivanovic\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SoftSwiss Reports Online Gambling Using Cryptocurrency Tripled in 2020","description":"SoftSwiss, has mentioned that there has been a three times increase in the value of cryptocurrency based gambling traffic in 2020","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020","og_locale":"en_US","og_type":"article","og_title":"SoftSwiss Reports Online Gambling Using Cryptocurrency Tripled in 2020","og_description":"SoftSwiss, has mentioned that there has been a three times increase in the value of cryptocurrency based gambling traffic in 2020","og_url":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020","og_site_name":"CasinoUSA News","article_published_time":"2021-02-26T10:57:23+00:00","og_image":[{"url":"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2021\/02\/softswiss-reports-rise-of-cryptocurrency-triples-in-2020.jpg","type":"","width":"","height":""}],"author":"Mihajlo Ivanovic","twitter_card":"summary_large_image","twitter_creator":"@MixeryMachine","twitter_misc":{"Written by":"Mihajlo Ivanovic","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020","url":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020","name":"SoftSwiss Reports Online Gambling Using Cryptocurrency Tripled in 2020","isPartOf":{"@id":"https:\/\/www.casinousa.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020#primaryimage"},"image":{"@id":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020#primaryimage"},"thumbnailUrl":"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2021\/02\/softswiss-reports-rise-of-cryptocurrency-triples-in-2020.jpg","datePublished":"2021-02-26T10:57:23+00:00","author":{"@id":"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/9da2668353e01ee818b7a514d473ed4f"},"description":"SoftSwiss, has mentioned that there has been a three times increase in the value of cryptocurrency based gambling traffic in 2020","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casinousa.com\/news\/softswiss-reports-online-gambling-using-cryptocurrency-tripled-in-2020#primaryimage","url":"","contentUrl":"","width":380,"height":250},{"@type":"WebSite","@id":"https:\/\/www.casinousa.com\/news\/#website","url":"https:\/\/www.casinousa.com\/news\/","name":"CasinoUSA News","description":"Just another CasinoUSA Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casinousa.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/9da2668353e01ee818b7a514d473ed4f","name":"Mihajlo Ivanovic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/52f1bfee935f51b44c8013ec16c1954afe896cd11f3b0eb88edaafe01f4c6207?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/52f1bfee935f51b44c8013ec16c1954afe896cd11f3b0eb88edaafe01f4c6207?s=96&d=mm&r=g","caption":"Mihajlo Ivanovic"},"description":"Mihajlo is our content writer and an expert when it comes to online casino games. He knows everything about all kinds of video slots and table games, and he is in tune with the latest releases from top iGaming software providers. If you need to learn the rules of a particular game or find out where to play it online, Mihajlo\u2019s write-ups will serve as a great guide. His knowledge of the industry comes from playing a lot of casino games himself, and his other hobbies include reading books, hiking, and playing the bass guitar.","sameAs":["https:\/\/www.linkedin.com\/in\/mihajloivanovic","https:\/\/x.com\/MixeryMachine"],"url":"https:\/\/www.casinousa.com\/news\/author\/mihajlo-ivanovic"}]}},"_links":{"self":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/posts\/2049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/comments?post=2049"}],"version-history":[{"count":0,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/posts\/2049\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/media?parent=2049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/categories?post=2049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/tags?post=2049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}