Players can play non-crypto-enabled games converting crypto to fiat via an in-game currency convertor – find out where & how! (Image from courtesy of softswiss.com)
Online casino players from Australia, Ireland, Canada, New Zealand and five other countries can now use the SOFTSWISS in-game crypto-to-fiat currency converter and vice versa using domestic currency.
The previous version of this tool, introduced to SOFTSWISS cryptocurrency casinos in Spring 2022, only provided support for crypto-fiat/fiat-crypto conversions for a single default currency, which was US Dollars (USD).
However, after the immense success of this tool, it has now been scaled, which I am sure was always the plan.
Bigwigs at SOFTSWISS have now completed what I believe is phase two.
The latest update now includes nine fiat currencies available. These are CAD, EUR, NZD, AUD, USD, JPY, NOK, RUB and BRL, and this extended list is already in action at SOFTSWISS casinos using the in-game convertor.
Casinos that have Curacao-licenced and operate using the SOFTSWISS online gambling platform will indeed all try to use this tool. Under this licence, they can freely offer cryptocurrency betting, and each can use the in-game crypto/fiat currency convertor to offer fiat currency-only games to crypto players.
Online casino platforms currently using the SOFTSWISS aggregator platform include BitKingz, N1 Casino, Stake Casino, and Slotozen.
Key Advantages of the In-Game Crypto-fiat/fiat-crypto Conversion Tool
The benefits of the cryptocurrency to fiat convertor span both players and casinos. Now games that were once out of reach to those who prefer to play with cryptocurrency are available if their online casino is using the in-game currency convertor. It is a win-win-win situation for players, casinos, and software providers.
- Casino Pros: One of the key benefits of the tool is that cryptocurrency casinos using the SOFTSWISS platform can now feature games from software providers that are yet to build in support for crypto. Also, those casinos can now increase the number of players betting on video slots and table games that are solely fiat-enable.
- Player Pros: The tool gives players access to games from software providers yet to build crypto into their systems. Using the crypto-to-fiat conversion tool, players can play games from Playtech, Yggdrasil, Quickspin, Red Tiger Gaming, Merkur Gaming and more. As a result, players then have a far more diverse selection of games to play.
- Software Provider Pros: Software providers that will benefit the most from the tool are those that have still not made the jump to the world of crypto. On the other hand, it increases competition in the crypto space for game developers that already have crypto built in. In other words, a double-edged sword.
List of Currencies Available
- US Dollar (USD)
- Euro (EUR)
- Australian Dollar (AUD)
- Russian Ruble (RUB)
- Canadian Dollar (CAD)
- New Zealand Dollar (NZD)
- Norwegian Krone (NOK)
- Japanese Yen (JPY)
- Brazilian Real (BRL)
Another unseen advantage is that some software developers with crypto-enabled slots are yet to build in support for all cryptocurrencies accepted by some casinos. For example, Endorphina does not support XRP.
In theory, and I say this because I have yet to test it, players holding XRP in their casino balance can convert to a fiat currency to gain to Endorphina’s games not otherwise accessible via the crypto. It’s a truly state-of-the-art tool right there!
Crypto Bets on Non-Crypto Enabled Games: Some of the software providers hosted by SOFTSWISS casinos that you can now play games using crypto-to-fiat conversions are as follows: Yggdrasil, ELK Studios, Habanero, TVBet, Authentic Gaming, Amusnet Interactive, Playtech, Swintt, NetEnt, Merkur Gaming, Red Tiger Gaming, BTG, iSoftBet, Thunderkick, NYX, Quickspin and many more.
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