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Your Daily Source for Asian Gaming Industry News

How Gaming and Online Casino Promote the Use and Popularity of Cryptocurrency

May 20, 2022 World Blockchain

The world of online gambling is growing faster every time. Statistics show that there are an estimated 1 billion online gamers around the world, with the largest numbers found in China, South Korea, and Japan. According to projections, the number of players will reach 1.3 billion in 2025.

Most online gaming activities have moved to paying players for their attention and time with real money, through other mediums that take a portion of their pay, around (40-50)%. It is a preference of these participants to exchange the earned virtual payments into a currency with which they can buy on other lines.

The earnings are usually small pieces of money and become even more insignificant when a position is snatched from them.

Digital currency is a new way to help these players receive instant payments, because for top coins like Bitcoin, there is the possibility of seamless microtransactions. Online gamers in countries with low economic power like the Philippines can play for these coins, no matter how small they may seem to someone in the US.

Source: https://coinidol.com/gaming-promotes-cryptocurrency/
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