Thursday, June 17, 2021

World’s First Licensed Bitcoin-Led Casino Operator Adds Cardano (ADA) As a Payment Method

As a report has it, Bitcasino, the world’s first licensed Bitcoin-led casino operator, has announced the addition of Cardano (ADA), the 7th largest cryptocurrency by market capitalization, as a payment method.

According to the report, Bitcasino considered the integration of Cardano (ADA) due to the vast success recorded as a blockchain platform since inception and the strong community building around it.

Read Also: UK-Based Challenger Bank Revolut Lists Cardano (ADA) and 10 Other Crypto

The report added that the minimum deposit is 15 ADA and withdrawal is 30 ADA. At current prices, the aforementioned minimum deposit stands around $17.

Reacting to the new development, the Director of Casino at the Coingaming Group, Tauri Tiitsaar said:

“Cardano network is one of the most popular platforms in the world so it was only natural for us to add ADA as the next cryptocurrency on Bitcasino. It is certainly something our players have been waiting for and we’ve now delivered. We look forward to welcoming the Cardano community to Bitcasino, where they can expect fun, fast and fair gaming.”

Read Also: Popular Trader Names Cardano, Polkadot, BSC, and Two Others as Biggest Threat to Ethereum Supremacy

Aside from the newly added Cardano (ADA), Bitcasino players also have the option to choose from six other cryptocurrencies on the platform, including Bitcoin (BTC), TRON (TRX), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Tether (USDT).

Meanwhile, Herald Sheets reported that Cardano (ADA) has been integrated by NowPayments, the easiest way to accept Bitcoin (BTC) and altcoins payments. The payment platform also created a plugin for Shopify as part of the integration.

According to the report, this officially marks the first-ever e-commerce payment platform to accept the digital token ADA for Cardano merch.

Read Also: Charles Hoskinson Speaks About Effort and Resilience That Bring About Cardano (ADA)

For many members of the community, this is the beginning of the adoption of Cardano (ADA) as a payment option. The implementation of the Goguen era that will bring smart contracts to Cardano is slated for August 2021. The much-anticipated feat is expected to bring vast developers and users to Cardano.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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