Japan’s Mystino Casino partners with SG Veteris to Bolster Their Position as a Cryptocurrency Casino
Mystino Casino has recently made a significant move to elevate its player experience even further by forming a collaboration with SG Veteris, a global cryptocurrency-based business. This collaboration will enable them to accept cryptocurrencies as payment on their game platform via their Bitpace platform. Bitpace is a major eCommerce technology that allows companies to convert the payment into either fiat money or cryptocurrency and collect payments in any desired local currency.
Using Cryptocurrency For Casino Payment
There are many advantages to using cryptocurrencies in online casinos. For instance, cryptocurrencies are highly secure as they use blockchain technology. With this technology, there is no risk of information being transferred to third parties and gaining access to financial accounts.
Any transaction made on a blockchain is recorded in a particular registry that includes crucial information about the transaction. Because the blockchain is decentralized, every system that participates in a transaction must be recognized and verified at all times. This removes all chances of data being stolen by scammers and given to outside parties.
Blockchain networks work as ledgers, validating and recording each activity and transaction. By utilizing this technology, Mystino will certainly acquire popularity in the international online casino market.
Why Did Mystino Choose Bitpace?
Bitpace offers exceptional advantages for making use of cryptocurrencies as a payment method. In terms of its selection, Mystino Casino, Japan acknowledged in its official release that the product provides clients with another easy payment method. Mystino in Japan
The official statement from Mystino read, “We are aware that cryptocurrencies are expanding in popularity, and we are certain that Bitpace matches our current payment method. It provides a solution that takes minimal intervention from our end, allowing Mystino to focus on providing an exceptional client experience with each engagement.”
Compared to conventional payment methods like debit and credit cards, Bitpace transaction fees are cheaper. It operates on a pay-as-you-go system with no sizable up-front costs or payments. Now accepting a number of cryptocurrencies, Mystino Casino can now accept payments in both fiat money and cryptocurrencies. That price volatility will be prevented is the finest aspect. It will also give players another option for cashing out huge prizes, which can be challenging to achieve with conventional cards or bank transfers. Fast transactions and same-day processing will benefit both the player and the operator.
According to Mystino Casino, offering this payment option frees up the operator when dealing with large deposits. Additionally, because each transaction is automatically authorized, blockchain-enabled transactions are often simpler to clear than transactions in the conventional banking system.
“We are determined to provide freedom in the payment methods available to our consumers and aim to create a successful cooperation with SG Veteris,” Mystino Casino added. “Mystino is also pleased that Bitpace is simple to implement and brings no burden on daily operations, allowing the company to focus entirely on improving its customer experience”.
The CEO of SG Veteris, Anil Oncu, said, “Embracing crypto through Bitpace is a simple and fast process. Working as a worldwide business, Mystino can benefit from smooth cross-border trading. This is because cryptocurrencies are not impacted by foreign currency transaction costs or taxes, and they do not pose any risk of fluctuating exchange rates.”
Final Thoughts
The successful deployment of cutting-edge technologies and scientific developments is essential to the growth of the online casino industry. The world of online casinos has undergone a significant shift thanks to blockchain technology. Every day, more and more websites accept bitcoins as a form of payment.
Cryptocurrency transactions are exceedingly simple, have no physical limits, and are not subject to the same rules and limitations as conventional payment systems. The goal of Mystino’s partnership with SG Veteris is to achieve global expansion. More players will be drawn to the casino since they can enjoy their favorite games in safety knowing that their financial information and payments are protected.
Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect those of Geek Vibes Nation. This article is for educational purposes only.
