Betting site mBit Casino announced this week that they've added support for three new cryptocurrencies this week, now supporting Bitcoin Cash, Litecoin, and Dogecoin for deposits and withdrawals.
The new currencies come as an alternative to the standard Bitcoin, which has seen slower times for confirmation and higher fees. The other currencies will also allow for instant movement of funds and anonymity, which is key to the drive that's made Bitcoin successful.
Speaking about the new options mbit CEO Philip Aaker said, "This transition has been an important one. We noticed exceptional Bitcoin transaction fees in recent weeks as the blockchain got clogged with unconfirmed transactions. By adding support for cryptocurrencies like LTC, DOGE and BCH, our players will be able to spend much less on transaction fees. We also hope it will lead to faster confirmation times and a more fluent gaming experience."
The launch of the new currencies are just the beginning for mBit, which plans to roll out support for even more currencies next year.