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Fugaso Will Start Accepting Fasttoken (FTN) as a Supported Cryptocurrency
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Casino Guru Awards nominations close in less than a month
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SOFTSWISS Game Aggregator Integrates With Barbara Bang
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The evolution of AML, w/Antonello Cuschieri, MLRO and Managing Director at Greentube Malta
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Registrations are open for the MARE BALTICUM Gaming & TECH Summit 2023 (16-17 MAY); BSG Awards 2023 & BTECH Awards 2023; new format, more industries and networking
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Fugaso Will Start Accepting Fasttoken (FTN) as a Supported Cryptocurrency
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The lowest fees on the market”: SOFTSWISS Unveils Exclusive Offer on CryptoProcessing.com
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We are pleased to announce that Fugaso, the leading provider of premium gaming solutions, is planning to add FTN to the list of supported cryptocurrencies.
FTN is the official cryptocurrency of the Fastex ecosystem as well as the adopted cryptocurrency of the leading betting and gaming software provider BetConstruct.
The inclusion of FTN in Fugaso’s supported cryptocurrencies will start from January 26th.
IESF Concludes Regional Qualifiers for World Esports Championships
Retention through skill games w/Araz Heydariyehzadeh – Chief Commercial Officer at Scout Gaming
Fugaso Will Start Accepting Fasttoken (FTN) as a Supported Cryptocurrency
GlobalBet and BetConstruct joining forces
BetConstruct Travels to SBC Summit With its World Cup Offer
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BetConstruct Introduces Android SportsBook App v3
FUGASO makes Livespins debut
Published
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We are pleased to announce that Fugaso, the leading provider of premium gaming solutions, is planning to add FTN to the list of supported cryptocurrencies.
FTN is the official cryptocurrency of the Fastex ecosystem as well as the adopted cryptocurrency of the leading betting and gaming software provider BetConstruct.
The inclusion of FTN in Fugaso’s supported cryptocurrencies will start from January 26th.
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The number of different options that we have for funding online casino accounts and taking out winnings has increased recently, so what are some of the new methods that more people are becoming aware of and how do they work?
Source: Pixabay
The spectacular growth of digital currencies like Bitcoin has been one of the biggest success stories of the last decade. In some ways, these tokens appear ideal for use in casinos, as they provide a high degree of security and privacy. Deposits are made directly from your secure wallet to the casino’s wallet and withdrawals go in the opposite direction. They’re also fast and the transaction fees tend to be low.
It isn’t just Bitcoin that can be used in this way, as many casinos accept the likes of Litecoin, Ether, and other tokens. Some casinos even have their own currency that players move their funds into to start playing. Among the negatives of playing casino games with cryptocurrencies is the volatility of these tokens, which means that the value you play with can vary even before wins or losses are taken into account.
Gigadat is a payment option for Canadians that involves Interac as their partner. Canadians who want to gamble online more securely can look at this site, which has recommended a few Gigadat casinos such as Guts, LeoVegas and Pink Casino. It points out that to get started you need an Interac account before being able to make a deposit or withdrawal in this way. It’s regarded as a highly trustworthy and user-friendly way of moving funds.
Deposits are typically made by going to the casino’s cashier tab and choosing Interac as the method. After choosing the amount of the deposit and confirming the transaction, you’re taken to the Interac platform to confirm the bank and select between Interac and Inter e-transfer. A Gigadat transfer will only work if you have enough funds in your bank account.
Source: Pixabay
One of the interesting aspects of the recent move towards regulated gambling in the US is that their new online casinos often have to work with land-based partners. What this means is that their online players can use a local casino to deposit or withdraw at the cashier’s cage. This gives an interesting option as it’s usually fast and free, although in some cases users are asked to confirm their withdrawals in advance.
Could this method catch on elsewhere? It could certainly be used by those casinos that have both online and offline games, although it seems that few, if any, currently have systems that link these different parts of their operations. It could be a slightly easier option for players if adopted, but given the range of easy banking options right now it’s probably not a priority.
We’re likely to see more new payment and withdrawal methods added in the future, but for the moment the three we’ve looked at are making it easier for people to move their money in and out of their casino accounts without any fuss or delays.
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SOFTSWISS, the leading software provider for online gambling, introduces a special offer on CryptoProcessing.com. Its discount system is now allowing SOFTSWISS partners to cut the amount of fees: transaction fees can now go lower than the standard 0.8%. The highest discount becomes available thanks to a special agreement between the companies. Therefore those industry players who choose the SOFTSWISS Crypto Solution or the White Label Solution by the end of the year, automatically receive the lowest processing fees on the market.
According to SOFTSWISS statistics, the share of crypto bets is growing every year. For instance, data shows a 5.1 percentage point rise in H1 2022 in comparison to the same period last year. The rise in the share of crypto bets can be attributed to the steady launches of new crypto brands over the past half year.
As a pioneer in crypto gambling, SOFTSWISS has managed to accumulate vast experience in the crypto gaming niche. Through the use of its reliable iGaming software products, businesses have been able to benefit from a ‘one-stop-shop approach’ for starting a white-label online casino or sports betting brand. Importantly, brands powered by the SOFTSWISS Crypto Solution, in partnership with CryptoProcessing.com, are able to leverage the crypto payment gateway for gaming balance top-ups and withdrawals.
The demand for crypto payments is growing exponentially. Thus, in Q3 2022, CryptoProcessing.com completed 4.9 million transactions worth approximately €3 billion compared to Q3 2021, whereby it handled close to 2.5 million transactions with a volume of about €1.5 billion. Q3 2022 figures show 2X the volume of transactions and 1.94X the number of transactions of the same period in 2021. Remarkably, the average transactions of both quarters remained almost the same at a mere difference of €47. Over the last years, CryptoProcessing.com has seen outstanding growth: a 27x increase in volume and a 16x increase in the number of transactions from 2019 to 2021. It has processed a total of 28.2 million transactions, and the volume of transactions stands at €16 billion. The CryptoProcessing.com’s Q3 results prove that crypto payments don’t lose their relevance even amid the crypto winter. Moreover, 77% of merchants who support payments in crypto or stablecoins saw an increase in cross-border sales, according to Checkout.com’s 2022 ‘Demystifying Crypto’ report.
Due to the unique nature of the discounts at CryptoProcessing.com, SOFTSWISS clients have been able to make significant savings on processing fees and crypto processing fees in particular.
“Based on our expertise in crypto gambling, we strive to provide our partners with a full range of advanced services to launch an iGaming brand from scratch. Using a high-quality and stable cryptocurrency gateway is now an integral part of a successful project. We’re happy to say that our clients have the chance to take full advantage of the leading crypto processing system at the best rates. As a result, a reliable SOFTSWISS casino or sports betting platform along with CryptoProcessing.com becomes the perfect match for the iGaming market,” commented Andrey Starovoitov, Co-CEO at SOFTSWISS.
About SOFTSWISS
SOFTSWISS is an international iGaming company supplying certified software solutions for managing gambling operations. The expert team, which counts 1,500+ employees, is based in Malta, Poland, Georgia, and Belarus. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimised online casino solution.
About CryptoProccesing.com
CryptoProccesing.com is a renowned cryptocurrency payment gateway. Designed to accept popular digital assets and execute instant crypto-fiat exchanges, its goal is to help companies move onto the global stage, quickly and effortlessly, while enabling them to benefit from the wonders of crypto. There is no doubt that players such as CryptoProcessing.com are instrumental to businesses looking to capitalise on this very fact. CryptoProcessing.com is licensed and fully compliant with regulations. The company does not simply offer its clients crypto processing services, but also provides transaction risk scoring, conducts thorough customer due diligence, and has been audited by 10Guards and Hacken, with zero vulnerabilities detected.
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