In recent years, the combination of cryptocurrency and online betting started a transformative wave across the iGaming platforms. Digital currencies are playing a primary role by introducing new models of efficiency, transparency, and security.
Online gaming sites are supporting crypto iGaming solutions to increase their user engagement and make an ideal position in the business. If you plan to launch your online sports betting or casino business, you have arrived at the correct place. Here, you will be able to clear your concepts about cryptocurrency iGaming platforms and pointers to consider before selecting any platform.
About Cryptocurrency iGaming Platform
In Simple words, a cryptocurrency iGaming platform is an online betting portal that accepts crypto as a mode of payment. The Crypto iGaming platform allows players to participate in various gambling games and offer players with lots of advantages. The players can wager, deposit, and withdraw the amount using Bitcoin or other cryptocurrencies.
The best crypto iGaming platforms believe in transparency, security, and anonymity of players so all the transactions are made through blockchain technology. Also, the crypto online gambling platform offers top security and privacy terminating all the doubts about the fairness of the gameplay.
Factors to Consider Before Choosing Crypto iGaming Platform
Undoubtedly, several cryptocurrency iGaming platforms are active in the online betting industry. Before using any of those platforms, ensure that they are fulfilling the basic requirements. Get to know about those prominent factors in detail below:
Player Account Management (PAM) Solution
The most crucial factor that you must look for in any crypto online betting solution is a Player Account Management (PAM) back office. With the PAM software solution, you monitor all the activities of players including PnL, transactions, bets placed, bonuses availed, etc.
Security
Security is the prominent factor you must seek before finalizing any crypto iGaming platform. It’s easy to understand that nobody wants their personal and financial details to go into the wrong hands. As a smart player, ensure that the platform implements all the security measures which include regular audits, fair gameplay, data security, and fraud.
Supported Cryptocurrencies
Another factor on which you should focus while choosing any cryptocurrency iGaming platform is that they must support multiple cryptos. Apart from Bitcoin, there are several crypto that are gaining player’s attention. So, ensure that the platform you are going to choose supports other cryptocurrencies such as Ethereum (ETH), Tether (USDT), Litecoin (LTC), and beyond.
License
Choose a crypto online betting platform that is legally licensed to operate in the area by a reputable licensing authority. It will ensure that the platform follows all the rules and regulations, guarantees fair play, and takes all the player protection measures. Also, you must check that the platform doesn’t hold any history of money laundering in the past.
Trustworthiness
Do complete research from top to bottom before making the final decision of choosing a particular crypto iGaming platform. Grab all the details regarding their experience and expertise in the iGaming industry. Also, check if the platform was involved in any kind of controversies in the past that might affect your image in the future.
Best Crypto iGaming Solution Provider
PieGaming has established itself as an important crypto iGaming solution provider in the online betting business. They provide high-speed transactions, scalability, and built-in player management technology. PieGaming ensures that your customized platform complies with all the regulations, offers enticing bonuses, and covers popular games, sports, and betting markets.
Operators get benefits with PieGaming which guarantees quick and effortless setup from day one of their service. To increase user engagement, PieGaming provides its users with various cryptocurrencies and enables smooth multi-wallet transactions for flexibility. With its comprehensive back panel, PieGaming helps efficiently manage the platform and offers a wide online gaming catalog for its operators.
Final Words
As a result, the future of cryptocurrency in iGaming seems bright. With the changing technology, one thing is pretty sure i.e. crypto is going to play a vital role in the growth of the iGaming industry. Through this movement, the player will trust the online iGaming platform and enjoy faster, safer, and more transparent transactions. With the times changing, the teamwork between cryptocurrency and online gaming will be beneficial for both operators and players.
