As part of its mission to provide improved service to its network of online casino partners, Slots Play Casinos has decided to enter the cryptocurrency market. An overwhelming majority of gamers (90%) expressed interest in adopting digital currency in a recent survey commissioned by the most popular gaming comparison site. The survey findings demonstrated unequivocally the need for cryptocurrencies in the field of online gaming.
Bridging the Gap
Findings from the study revealed that although some players find depositing and trading cryptocurrencies simple, others still find the procedure to be daunting and complex. Slots Play Casinos aims to close this knowledge gap by providing its users with helpful resources and information related to cryptocurrency.
Slots Play Casinos has thus provided its partner casinos with a set of crypto how-to guide templates to better inform its customers about the benefits and risks of using cryptocurrency in online gambling.
The gaming operator will also be at the forefront of promoting cryptocurrency by being the go-to source for in-depth education on the topic, with something for both players and operators to learn.
Players who are hesitant to use digital currencies will be the target audience for the company’s marketing initiatives, which will center on making cryptocurrencies more approachable and less daunting to them. Slots Play Casinos will essentially teach everything from how to set up a wallet, make a deposit, and trade cryptocurrencies like Bitcoin and Litecoin with ease.
As Slots Play Casinos’ resident writer and researcher Laurie Renfield pointed out, crypto is a hot commodity in the realm of online gambling. Even though their poll found that 10% of gamers are uninterested in utilizing crypto, they are optimistic that this figure may be lowered with more education and communication.
The team takes great pride in being on the cutting edge of this movement, and as the industry’s premier customer-focused gaming comparison website, it will keep looking for innovative ways to include its subscribers and partners in the rapidly growing and dynamic cryptocurrency sector.
Simply said, Slots Play Casinos is at the forefront of the online gambling business because of the invaluable support and guidance it offers its partners in the realm of cryptocurrency. If the corporation succeeds in getting the word out to gamers about the benefits of digital money, it will help expand access to and enthusiasm for virtual entertainment. The future of online gambling is exciting, and Slots Play Casinos and other operators like it are at the forefront of that future.
What a time to be alive. 2020 is finally here and it is quite amazing that we can ask these kinds of questions. Cryptocurrencies and associated technologies have finally gained enough popularity and are mature enough to be integrated across a number of industries. However, does this necessarily mean that it is time to fully replace traditional online casinos with crypto-based options? Maybe.
A Decade of Massive Developments
The emergence and growth of digital currencies over the past decade was quite bizarre even though crypto enthusiasts have been preaching about the digital currency revolution for years. The gambling industry’s adoption of digital currencies and blockchain was, on the other hand, quite unexpected. Even so, the development was welcomed with open arms especially considering the huge benefits that are associated with them.
Digital currencies have been improved in a number of ways in order to ensure that they deliver on the promises of better security as well as affordability with regards to the transaction fees. They now offer tremendous advantages over tradition fiat currency.
Moreover, the integration of the provably fair gaming systems has been a huge boost for gaming operators. Needless to say, online gamers are always looking for the best ways to maximize their gaming experiences. Provably fair systems not only ensure that they are able to enjoy fair games but also assures them that their winnings will be paid out.
As you may have already discerned, all the developments and improvements have been specifically designed in order to lead the world to mainstream crypto adoption. The technology is already used widely but it certainly has not caught up with traditional financial systems. This is perhaps an issue that is related to lack of trust or simply skepticism from parties that are of the opinion that ten years might be a little too short for the technology to fully mature.
As mentioned earlier, switching to a crypto-only casino is totally justifiable but that is a decision that only the gamers can make at this point. That is, so long as they are familiar with how the digital currencies work. For online gaming operators, things might not be quite as simple. While a number of online casinos have already integrated digital currencies, only small chunks of their customer bases utilize them, at least at the moment.
We cannot deny the fact that digital currencies like bitcoin are cheaper to use for transactions thanks to their decentralized nature. Still, using these currencies as the only form of payment on the sites is a very risky bet for the gaming operators. Even so, it is quite commendable that it is something that can be discussed at length unlike the case a few years back. So, yes. 2020 can be the year you fully upgrade to crypto gambling. It is all up to you.
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