mbit Adds Support for LiteCoin, Dogecoin, and Bitcoin Cash

This story was published more than 2 years ago.

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.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
2 replies • Last post

Comments

bgsharpe
Forum AngelForum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 7361
Thanks given: 3992
Thanks received: 1099
29 December 2017 - 5:30pm
#1

Well, that's a right move from the casino I think, more so with the enormous fees bitcoin transactions have been charged lately, doge and litecoin are pretty good alternatives and probably the most popular cryptos except for bitcoin. I think the rest of the 'bitcoin" casinos should do that as well.

krcoolsongss
High RollerHigh Roller
coolsongss's picture
Joined: 2 Dec 2014
Posts: 2767
Thanks given: 2052
Thanks received: 1369
30 December 2017 - 12:08pm
#2

Maybe, they planned this new cryptocurrencies when the BTC and others are in the hyper rising phase.
But, now, I don't know... Probably, mBit doesn't have nothing to lose by adding new currencies, anyway (?) 🙂