The Shift in iGaming Deposits: Why Fiat is Gaining Ground Over Crypto in 2024
Recently, I delved into the comprehensive analytical report by SOFTSWISS, which focuses on the evolving preferences of players in choosing cryptocurrencies for wagers. It's fascinating to see that many of their findings closely align with my own observations based on an in-depth analysis of KPIs and financial metrics within iGaming projects. 📊 2024 Trend: There's a noticeable shift towards fiat payments, as confirmed by the SOFTSWISS report. Even though the total volume of crypto wagers increased by +2.3% in H1 2024 compared to the same period in 2023, the share of crypto deposits significantly decreased by -8.9%. My data shows a similar trend, with a decline of around 4%, which may indicate differences in target markets and audience behavior. H1 2023 vs. H1 2024 Deposit Segmentation: - H1 2023: Fiat: 70.5%, Crypto: 29.5% - H1 2024: Fiat: 79.4%, Crypto: 20.6% (-8.9%) In my experience, the deviation from the SOFTSWISS data is approximately 4%, potentially due to audience segmen...