COTI Network Works with Dafabet

by in Blockchain News

Dafabet using COTI's technology

The leading online gambling company Dafabet builds a partnership with COTI in order to optimize digital currency implementation. This is important news for COTI as the platform seeks to develop its network for crypto transfers and in these terms, its interests coincide with the gaming industry, which is heading to crypto.

Related: Japanese SBI Group launches crypto lending service

COTI has built a dedicated wallet and transfer system for Dafabet, which will be practiced on some gambling protocols. The companies aim to eliminate the problems customers face while paying with crypto.

According to COTI, Dafabet is their biggest client to date having more than $1 B in their yearly revenue. Dafabet features, such as Dafa888, DafaPoker, DafaBetSports, and more, score over 1.5 M monthly unique visitors.

Having no regional limitations, Ultra eWallet will allow Dafabet to hold instant payment adjustments and offer products to larger markets. This will boost Dafabet's income and cash flow.

The e-Wallet contains a Fiat On-Ramp, stablecoins, a designated wallet, a CRM, and full back-office management software. The whole payment process is Trustchain-powered, which allows for instant settlement and is trackable.