SiGMA

Bitcoin Lightning Network payments take casino lead

Posted:: Jul 13, 2021 13:01 Category: Online , Payments , Posted by Marie

Bitcoin Lightning wallets have rocketed in popularity since Betplay.io’s online crypto casino launched in late 2020

Betplay.io has revealed that innovative Bitcoin Lightning Network payments are now the most popular deposit option for players at its groundbreaking online cryptocurrency casino.

Bitcoin Lightning uses regular Bitcoin cryptocurrency, but it provides users with a payment option that enables instant and virtually free deposits, making the process quicker, cheaper and easier.

Since Betplay launched an industry-first crypto casino site that supports Bitcoin, Litecoin and more in late 2020, Bitcoin Lightning deposits have rocketed.

After drawing level with so-called on-chain deposits – which occur on the Blockchain – in April 2021, there were 60% more Bitcoin Lightning deposits in May. The preliminary figures suggest that the growth trend for Bitcoin Lightning continued in June.

Quickspin, Nolimit City, Blueprint Gaming, Thunderkick and Red Tiger are among the leading studios to have teamed up with Betplay.io for the Bitcoin Lightning-enabled casino.

“We have seen tremendous growth in Lightning Network payments to a point where it is now the most popular option,” a Betplay.io spokesperson said.

“It is really mind-blowing that we are now seeing more deposits from Lightning Network than any other payment method. We are very excited to see the growing adoption of Lightning Network from our players and we believe it is the future of payments for Bitcoin.

We hope more people will try Lightning Network wallets and experience how easy the process has become. Our data certainly points towards a bright future for the Bitcoin Lightning Network.”

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