{"id":426,"date":"2023-09-11T21:01:09","date_gmt":"2023-09-11T21:01:09","guid":{"rendered":"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/"},"modified":"2023-09-11T21:01:11","modified_gmt":"2023-09-11T21:01:11","slug":"softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos","status":"publish","type":"post","link":"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/","title":{"rendered":"SOFTSWISS presents information about iGaming for betting in crypto casinos"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Following the debut of the in-game currency conversion feature introduced last year, 85% of all crypto casino bets powered by the SOFTSWISS casino platform are placed via the aforementioned tool.  With this in mind, the Casino Platform team has published key insights gained by analyzing annual statistics.<\/p>\n<h2><strong>Description of the currency conversion function in the game<\/strong><\/h2>\n<p><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-19609\" src=\"https:\/\/www.casinonewsdaily.es\/wp-content\/uploads\/sites\/3\/2023\/09\/softswiss_85pct_of_bets_in_crypto_casinos_made_with_in_game_currency_conversion_-300x200.jpg?x29555\" width=\"300\" height=\"200\"\/><\/noscript>In 2022 the <a href=\"https:\/\/www.casinonewsdaily.com\/blog\/2020\/02\/24\/red-tiger-games-now-available-with-softswiss-casino-platform\">SOFTSWISS Casino platform<\/a> presented the <strong>In-game currency conversion feature <\/strong>As already mentioned.  The function is represented as <em>\u201ccryptocentric solution\u201d <\/em>This opens up new trading opportunities for users and offers players <em>\u201cMore freedom of action.\u201d <\/em>Additionally, players can convert their cryptocurrencies to up to <strong>9 fiat currencies<\/strong>and offers them to bet on games that do not inherently support cryptocurrencies.  This significantly expands the range of content accessible to crypto players.<\/p>\n<p>However, the casino platform team initially noted the following: <strong>great conversion <\/strong>of regular users of this feature.  This further means that almost 65-70% of players who have used the feature at least once continue to do so <strong>90% of your bets <\/strong>by the <em>\u201cbuilt-in functionality\u201d. <\/em>These players become regular users, showing that the feature discovers its niche and is product-market fit.<\/p>\n<p>A more important idea is that the <em><strong>\u201c<\/strong><\/em><strong><em>retention rate\u201d<\/em><\/strong>    the group of players using the currency conversion function in the game <em>&#8220;highest&#8221; <\/em>than that of those who don&#8217;t.  However, this can be very helpful when it comes to this <em><strong>\u201c<\/strong><\/em><strong><em>Audience segmentation <\/em><\/strong>because such players have more value.  When players use this feature, they also spend twice as much time playing.  Normally, the bet volume collected when using the above feature is <strong>up to 85% <\/strong>of the total betting volume in crypto casinos and <strong>up to 21% <\/strong>in fiat and crypto casinos.<\/p>\n<p>Comment on the feature: <strong>the head of the SOFTSWISS casino platform<\/strong>, <strong>Darya Avtukhovich<\/strong>said: <em>\u201c<\/em><em><a href=\"https:\/\/www.casinonewsdaily.com\/blog\/2023\/08\/24\/softswiss-game-aggregator-generated-e10bn-in-total-bets-in-july\">SOFTSWISS<\/a> is one of the pioneers in cryptocurrency gaming and we continue to be a forward-thinking company, incorporating features such as in-game currency conversion into our product.  \u201cThanks to our experience and analytical work, we understand the needs of the industry and the result is the constant development of the SOFTSWISS casino platform, which maintains its status as one of the most reliable on the market.\u201d<\/em><\/p>\n<h2><strong>An opportunity to demonstrate improvements<\/strong><\/h2>\n<p>With <strong>Barcelona Summit 2023 <\/strong>Just around the corner is a rare opportunity for SOFTSWISS to unveil the latest improvements to its casino platform.  Participants also have the opportunity to meet with SOFTSWISS representatives <strong>Booth CG58<\/strong>There they can talk about the latest trends in the online gaming industry as well as the latest solutions that will improve the progress of your business.<\/p>\n<p>Spring: <a href=\"https:\/\/europeangaming.eu\/portal\/press-releases\/2023\/09\/08\/142740\/softswiss-in-game-currency-conversion-85-of-bets-in-crypto-casinos-are-made-with-in-game-currency-conversion\" target=\"_blank\" rel=\"noopener\">\u201cSOFTSWISS In-Game Currency Conversion: 85% of bets in crypto casinos are made with in-game currency conversion\u201d<\/a>, <em>European gaming<\/em>.  September 8, 2023<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Following the debut of the in-game currency conversion feature introduced last year, 85% of all crypto casino bets powered by the SOFTSWISS casino platform are placed via the aforementioned tool. With this in mind, the Casino Platform team has published key insights gained by analyzing annual statistics. Description of the currency conversion function in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-magazine","eq-blocks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SOFTSWISS presents information about iGaming for betting in crypto casinos - Hunzav Alley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SOFTSWISS presents information about iGaming for betting in crypto casinos - Hunzav Alley\" \/>\n<meta property=\"og:description\" content=\"Following the debut of the in-game currency conversion feature introduced last year, 85% of all crypto casino bets powered by the SOFTSWISS casino platform are placed via the aforementioned tool. With this in mind, the Casino Platform team has published key insights gained by analyzing annual statistics. Description of the currency conversion function in the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/\" \/>\n<meta property=\"og:site_name\" content=\"Hunzav Alley\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-11T21:01:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-11T21:01:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hunzavalley.org\/wp-content\/uploads\/2023\/09\/softswiss_85pct_of_bets_in_crypto_casinos_made_with_in_game_currency_conversion_-300x200.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\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\":\"Article\",\"@id\":\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/hunzavalley.org\/#\/schema\/person\/a2e507bc33bd2e3a385655eb1b5e0034\"},\"headline\":\"SOFTSWISS presents information about iGaming for betting in crypto casinos\",\"datePublished\":\"2023-09-11T21:01:09+00:00\",\"dateModified\":\"2023-09-11T21:01:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/\"},\"wordCount\":449,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/hunzavalley.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hunzavalley.org\/wp-content\/uploads\/2023\/09\/softswiss_85pct_of_bets_in_crypto_casinos_made_with_in_game_currency_conversion_-300x200.jpg\",\"articleSection\":[\"Casino Magazine\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/\",\"url\":\"https:\/\/hunzavalley.org\/softswiss-presents-information-about-igaming-for-betting-in-crypto-casinos\/\",\"name\":\"SOFTSWISS presents information about iGaming for betting in crypto casinos - 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