The collaboration significantly heightens the betting operator’s ability to provide almost instant deposits and withdrawals to customers.
Omar Hamwi, Business Development Lead at Dash, commented: “We are excited to work with Cloudbet, one of the most reputable names in the iGaming space. With Cloudbet’s many offerings, Dash payments make sense whether you are looking to place a last-minute bet or rapidly withdraw your winnings. You won’t find a more secure and rapid form of payment.”
The Dash blockchain network is designed to settle transactions rapidly, and at a fraction of one U.S. penny per transaction, making it a well-suited cryptocurrency for use in the fast-paced, high-frequency environment of online betting.
By betting with Dash, Cloudbet users now have the means to mitigate the longer confirmation times or higher transaction fees associated with other cryptocurrencies.
“Our philosophy is to give our community only the coins that they want, and it holds true with Dash,” added Leandro Rossi, a director at Cloudbet. “We recently surveyed almost 10,000 users around the world about what coins to add, and Dash was clearly highlighted.
“We’ve established a reputation as one of the world’s leading crypto betting operators by providing unparalleled security and speedy withdrawals,” said Rossi. “Dash allows us to supercharge our performance in this regard and we’re proud to enter this partnership.”