The topic of Bitcoin as virtual currency has been a popular one in the gambling industry and Swiss software developer, Betting has created a new online sportsbetting platform using this currency.
The company did its research on the success of Bitcoin which was used in the content of the platform.
The platform itself gives leeway to operators in terms of exclusively using Bitcoin for transactions or as a currency arrangement with the necessary tool to process both deposits and withdrawals. Also, the company's subsidiary, SoftSwiss operates an online casino that may include the new sportsbetting product.
According to Betting, the product benefits are:
Providing players with wider choice and convenience, attracting new depositors.
Taxation advantages
Where required, player anonymity
Uncomplicated conversion to traditional currencies
Irreversible payment transactions
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