Cloudbet Partners With Dash To Boost Platform Payments
Source: Cloudbet

Cloudbet, the leading crypto online betting platform, announced on May 17, 2021, that it would support Dash Digital Cash. The addition was made possible by a new partnership, which will vastly improve the betting platform’s ability to offer near-instant deposits and withdrawals to bettors.

Details Of The Partnership

Dash and Cloudbet will partner to launch an array of activities and promotions to reward users of the Cloudbet platform with Dash. The Dash blockchain was designed to enable near-instant settlement of transactions. 

Transactions via Dash are also quite cheap, costing a fraction of a penny per transaction. These qualities make Dash the perfect crypto for the high-frequency nature of online betting. Users who bet using Dash will have the benefit of lowering the confirmation times and the transaction fees that come with other crypto coins.

The Planned Activities And Promotions

In the coming weeks, Cloudbet and Dash partner in various promotions and activities that will see Cloudbet users who bet with Dash earn Dash rewards. These promotions will include:

  • Dashback

Customers that bet with Dash on the Cloudbet Casino or the Live Casino could receive 10% of their net losses (up to $1000). The promotion will run for a week starting May 17, 2021.

  • Mystery Dash Drop

The promotion will see $10,000 in Dash split amongst lucky players that bet $40 or more with Dash in the week starting May 24, 2021. 

  • Welcome bonus

New users of Cloudbet will receive a welcome bonus, which matches the first-time deposit 100% up to 5 Dash.

What The Leaders Had To Say

According to the Business Development Lead at Dash, Omar Hamwi, they were excited to work with Cloudbet, which is a leading name in the iGaming industry. He added that:

“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.”

Leandro Rossi, a Cloudbet director, had equally positive sentiments. Rossi said that their philosophy was to give their users only the coins they want, and this was true for Dash. The director said they added Dash after conducting a survey involving almost 10,000 users from around the world about which coin they should add. 

Rossi concluded by stating that:

“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.”

Cloudbet – Rising Star In The Crypto Online Betting Sector

Cloudbet was established in 2013. Today, it is the leading online betting platform for crypto users. It offers users a sportsbook, casino, and esports. Besides that, they have been known to hold unconventional betting events, such as betting on the outcome of the US elections.

The platform is fully licensed and it operates in over 100 nations. The platform was amongst the first globally to be powered entirely by crypto for withdrawals and deposits. Currently, the platform supports 12 coins. Half of these coins were added in 2020, amidst the rising popularity of crypto and crypto betting.

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