New at SOFTSWISS: New Banking-Related Feature and Spanish License

New at SOFTSWISS: New Banking-Related Feature and Spanish License

#BettingLegislation  #CasinosMoneyService  #GambleLike_Spain 

SOFTSWISS, also known as BGaming, has worked fruitfully this spring and prepared several exciting surprises for its players. One of them is a new feature added to its aggregator platform. The other piece of news is related to the expansion of the company’s presence in the world of gaming.

NEW FEATURE FOR AGGREGATOR PLATFORM

Keeping in mind the growing popularity of cryptocurrencies as payment methods for online games, SOFTSWISS has decided to make cryptocurrency-centered gaming more accessible. While there are many games that are compatible with cryptocurrencies, hundreds of releases are still available in traditional currencies only. 

SOFTSWISS has decided to make it possible to play any game that is integrated into its aggregator platform in cryptocurrency. The company managed to accomplish this goal with the help of an in-game exchange. 

SOFTSWISS cooperates with CoinMarketCap and uses their rates for exchange. 

How does it work? Once a player enters a game that does not support cryptocurrencies, their balance is converted into a USD balance reflected as they play that game. However, the base balance is still in cryptocurrency. Thus, there is no need to create an additional balance in fiat currency and disclose personal data as it has been before. 

What is the advantage for players of this new feature? They do not need to create an additional balance and have access to games by more than 170 software providers (before games by 40+ studios have been available). 

Moreover, at the end of 2021, the company has extended the list of cryptocurrencies that are supported by its aggregator platform. 

SPANISH GAMING LICENSE ACQUIRED

SOFTSWISS has recently announced that its aggregator platform has been granted a gambling license that makes it possible for the company to offer its services in Spain.

This became possible after SOFTSWISS and its platform passed security and technical certification by Asensi and the DGOJ (Dirección General de Ordenación del Juego). This license allows the company to offer its games to any operator that welcomes players from Spain and makes the integration of games more efficient. 

“…Spain is known as a very demanding market from the point of view of its regulatory framework, both for operators and software suppliers like ourselves. What we want to do is make the lives of operators easier by getting all gaming content from one game hub,” commented on this milestone Tatyana Kaminskaya, Head of Game Aggregator at SOFTSWISS.