Increasingly, players are using Bitcoin as a payment method on online casinos as it is fully optimised for digital use and provides instant deposits and withdrawals.
The biggest driver of this latest Bitcoin growth has been the entrance of large, institutional players into the market, says Jonathan Ovadia, CEO of Ovex.
South African consumers’ appetite for digital payments takes off
Mastercard says 95% of surveyed SA consumers are considering emerging payments, such as digital currencies, biometrics, contactless or QR code, in the next year.