Cryptocurrency

19% Crypto Bets Growth: SOFTSWISS Reveals Digital Coin Results for Q1 2023

Published

2 years ago

May 17, 2023

Reading Time: 4 minutes

In January 2023, SOFTSWISS, the leading technology provider for iGaming, was recognised as ‘Crypto Company of the Year’ by the prestigious International Gaming Awards. As a pioneer in crypto gaming, every quarter, the company analyses the crypto gaming market and shares valuable industry insights. This time, among key indicators, the expert team unveils what the average crypto player portrait looks like.

The Q1 crypto results are based on the data from over 700 brands powered by the SOFTSWISS Game Aggregator and the SOFTSWISS Casino Platform.

Q1 2023: The Big Picture

In Q1 2023 the Total Bets indicator increased by 44.66% compared to the same quarter the previous year and by 2.24% compared to the preceding quarter. This data demonstrates a steady growth trend in the iGaming market.

European Gaming Congress 2024 (Warsaw, Poland)

In absolute terms, the sum of wagers in crypto also shows positive growth over the course of the last year. In the first quarter of 2023, the share of bets in digital coins accounted for 30%. Q4 of 2022 showed 9% volume growth in Total Bets in crypto compared to the first quarter of the same year. Q1 of 2023, on the other hand, showed a more significant volume growth – 19%.

Andrey Starovoitov, Co-CEO at SOFTSWISS comments: “Despite the global events of 2022, which have undoubtedly caused most digital coins to fall in value, we are now seeing them rise in value again. For that reason, we are observing both growth in the iGaming market in general and also an increase in the sum of bets made by crypto players. We expect digital coins to remain in stable use by players in 2023 and could see more significant growth with a combination of two factors: competent retention of players and the absence of strong volatility in the crypto market.”

Most Used Digital Coins

Compared to Q4 2022, the top 3 most used digital coins remain the same: Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). However, their shares have changed – Bitcoin is up by 1.9 p.p. at the expense of smaller digital currencies, while Ethereum remained the same.

Looking at the development of digital coins over a longer period, the changes in the shares of digital coins are more substantial. From Q1 2022, BTC increased by 3.72 p.p., whereas ETH lost 5.01 p.p. The fall in the share of the third leading digital coin, LTC, occurred by 1.36 p.p.

The final shares for Q1 2023 are as follows:

BTC – 76.5%
ETH – 8.4%
LTC – 5.1%

Tether (USDT) took a share of 5.1% for the first time, in turn, Dogecoin (DOGE) rates fell by 1 p.p. compared to the previous quarter, taking a 2.5% share at the end of Q1 2023.

Among other currencies that showed an increase in the share of Total Bets – Ripple (XRP), Tron (TRX) and Cardano (ADA).

The Crypto Player Portrait

Diving deeper into the industry insights, SOFTSWISS has defined the average crypto player portrait. Based on the Q1 data and available data from player profiles, 65% of the crypto audience is male and 35% female.

The percentage of age groups of the crypto players who have indicated their age on their online casino profile is as follows:

Thus, the core audience of digital coins in iGaming is in the 31-50 age range. It makes up 70% of the audience that uses crypto.

Moreover, more than half of crypto GGR per Q1 was formed by bets made on mobile devices: 64% of mobile users vs. 32% of desktop ones.

This data may become crucial when choosing a strategy for growing an existing iGaming brand or launching a new one. As SOFTSWISS experts note, interest in starting crypto projects is high, even when crypto demonstrates quick changes and might be unpredictable. Nevertheless, Q1 statistics indicate that 2023 is shaping up to be a year of positive development for projects related to digital coins.

Max Trafimovich, Chief Commercial Officer at SOFTSWISS, summarises: “Over the last few years we have seen a steady increase in demand for crypto-ready solutions, be it for launching a casino or a sports betting venture. It’s undeniable that some crypto iGaming operators have drawn much attention and accolades on a global level. Besides crypto, such operators also happen to be at the forefront of various other innovations, those going beyond the payments aspect. SOFTSWISS will remain the ultimate partner on this frontier with new crypto-oriented technologies, top-level service, and security.”

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.

Cryptocurrency

CryptoSlots Doubles the Fun with the Launch of The Line x2 Mega Matrix Slot

Published

3 days ago

September 24, 2025

George Miller

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Reading Time: 2 minutes

The highly anticipated sequel to the minimalist hit slot, The Line, features explosive new bonus features and a massive 32,000x max win

CryptoSlots.com, a premier online crypto casino, launches its electrifying two-payline Mega Matrix slot, The Line x2. This vibrant sequel builds upon the sleek, minimalist foundation of its popular predecessor, The Line, by adding a second payline and supercharging play with new bonus features.

To celebrate the launch CryptoSlots is offering all players an exclusive deposit bonus. From September 24-30, players can get up to a 90% Match Bonus on deposits as little as $10.

Set against a futuristic retro neon aesthetic, The Line x2 immerses players in a cyberpunk, synthwave world. The game masterfully blends classic fruit slot symbols—like glowing cherries and electric strawberries—with a modern, high-voltage theme. Designed for seamless play on any device, it is fully optimized for mobile gameplay, including a specially designed portrait mode.

“The original The Line was a massive hit for its clean design and engaging mechanics. With The Line x2, we’ve listened to our players and amplified everything they loved,” said Michael Hilary, Manager of CryptoSlots. “We’ve added a line, packed it with powerful new features, and wrapped it all in a visually stunning neon package. It’s a perfect fusion of classic slot charm and futuristic excitement.”

The Line x 2 Highlights:

Bet Range: Accessible to all players, with bets from $0.10 to $50.
Dual Paylines: Wins are paid anywhere on the two reels, offering more frequent winning combinations.
Expanding Double Wilds: Wild symbols can expand to cover entire reels, doubling their power to create huge wins.
Clone Wilds: This Wild doesn’t just substitute for other symbols—they replicate. When one lands, it transforms the surrounding symbols into additional Wilds, creating a chain reaction of winning potential.
‘Pick Me’ Bonus Round: Land 3 or 4 PICK ME scatters to trigger an instant prize round with 1 or 2 picks, awarding instant coin prizes.
Massive Max Win: Players have the chance to win up to an incredible 32,000x their wager.

NEW GAME BONUS: THE LINE x2
Available September 24 – 30, 2025

Up to 90% Match bonus
90% on deposits $150 – $350 / 75% on $50 – $149 / 60% on $10 – $49
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Only available on The Line x2
Bonus code: NEWGAME

The post CryptoSlots Doubles the Fun with the Launch of The Line x2 Mega Matrix Slot appeared first on European Gaming Industry News.

BC.GAME

BC.GAME Launches Tap Trading

Published

4 days ago

September 23, 2025

Niji Narayan

Reading Time: < 1 minute

BC.GAME announced the launch of Tap Trading (a touch-to-payout multiplier game) on its platform. At launch, Tap Trading will support multiple mainstream crypto pairs, including ETH/USDT, SOL/USDT and STONKS/USDT. Users can access the product in the Web/App “Crypto Futures” section.

BC.GAME already offers a diversified product lineup spanning casino, sports and market mini-games—including UP DOWN, HIGH LOW and HIGH LOW SPREAD. The addition of Tap Trading further expands BC.GAME’s market-interaction experiences, allowing users to engage with highly liquid crypto assets through a simple, convenient price-touch mechanic.

Unlike traditional derivatives, Tap Trading makes potential return and loss visible before order placement. Users tap a green target block on the right-hand grid to place an order; each block displays its multiplier and time window. If the price curve touches the selected block before the timer expires, settlement is made by that block’s multiplier (total return = stake × multiplier). If the target is not touched, the stake is lost. This design significantly simplifies operation and outcome determination, enabling users to express views not only on direction, but also on magnitude and time.

Jack, CEO of BC.GAME, said: “Adding Tap Trading to our platform fills a gap in lightweight market-interaction gameplay and reflects users’ demand for a simple, direct way to participate in crypto markets. Whether you’re market-savvy or trying this for the first time, Tap Trading offers a clearer experience with visible parameters and well-defined boundaries.”

Jack added: “Combining such an intuitive mechanic with our ongoing work on real-time pricing and product polish marks another important step forward for BC.GAME’s crypto entertainment offering.”

The post BC.GAME Launches Tap Trading appeared first on European Gaming Industry News.

Crypto.com

Underdog and Crypto.com | Derivatives North America Announce First Prediction Market Exchange Offered on Major Sports Gaming Operator App

Published

3 weeks ago

September 4, 2025

GamingAmericas.com

underdog-and-crypto.com-|-derivatives-north-america-announce-first-prediction-market-exchange-offered-on-major-sports-gaming-operator-app

Underdog, the fastest-growing sports company in the US, and Crypto.com | Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse and an affiliate of Crypto.com, announced that sports event contracts will be accessible to customers through Underdog. CDNA sports event contracts will be powered by Underdog’s technology. This partnership offers American sports fans a secure, federally compliant way to access CDNA sports event contracts and make predictions on the outcomes of their favorite sports events, all within the Underdog app.

“Prediction markets are one of the most exciting developments we’ve seen in a long time. While still new and evolving, one thing is clear – the future of prediction markets is going to be about sports – and no one does sports better than Underdog,” said Underdog founder and CEO, Jeremy Levine.

With this launch, customers can express and trade their opinions on sports events contracts across all major sports leagues, including NFL, college football, NBA, MLB, and more. Prices update in real-time, allowing customers to react instantly and express their opinions on what’s going to happen on the field or court.

“We are thrilled to partner with Underdog to enhance the sports experience for customers nationwide with the ability to now trade using Underdog’s technology – all in one app. We were the first to offer sports events contracts, and our technology partnership with Underdog will provide more access to CDNA’s innovative offerings,” said Travis McGhee, Managing Director, Global Head of Capital Markets at Crypto.com.

As the only company built on its own proprietary technology across fantasy sports and sports betting regulatory frameworks, Underdog is now the only company offering fantasy sports, sportsbook, and prediction markets in one seamless app.

Underdog has gaming licenses in states across the country and has built industry-leading responsible gaming operations, with sophisticated customer protections ingrained into every facet of its platform. Underdog will bring that same level of customer protection and care to prediction market offerings.

The post Underdog and Crypto.com | Derivatives North America Announce First Prediction Market Exchange Offered on Major Sports Gaming Operator App appeared first on Gaming and Gambling Industry in the Americas.