eSports betting platform Luckbox now supports crypto deposits

  • Ali Raza
  • 11th January, 10:01
eSports betting platform Luckbox now supports crypto deposits
  • A popular eSports betting platform, Luckbox, recently announced that its users can now make crypto deposits in 4 different digital currencies.
  • The move was made due to the increased demand for crypto payments across the iGaming industry.
  • Furthermore, the platform is planning to release its native crypto, LuckCash (LCK), later in 2020.

While digital currencies are constantly expanding and entering nearly every industry around the world, betting and gambling still appear to be their strongest use cases. The fact that yet another well-known betting platform has added crypto as a payment method is proof of this.

The platform in question is Luckbox, a licensed eSports betting site that announced that its users can now make crypto deposits. Luckbox added support for four different cryptocurrencies at this time, including Bitcoin, Ethereum, XRP, and Litecoin.

Apart from adding crypto deposit support, the platform recently also added eSports stats to its match pages, as well as live streams in different languages. Now, eSports fans can use Luckbox to bet real money in over 100 different regions of the world.

At the moment, the platform has a number of leading games, including Dota 2, CS: GO, Overwatch, League of Legends, and many others.

Luckbox’s plans for the future

The platform’s involvement with cryptocurrency will not stop there. Only a month ago, Luckbox created an outline of the plan that will lead to the creation of its own native cryptocurrency, LuckCash (LCK). The token is currently still in development, although it is expected to become a part of the platform later this year, likely at the start of Q2 2020.

According to Luckbox’s COO, Quentin Martin, LCK will be used as a reward, and it will be granted to players in a pre-launch promotion. After they get their rewards, players will be able to use the coin for betting purposes. Martin stated that there is an increasing demand for crypto assets across the entire iGaming industry, which is why the platform decided to respond by making it an option. The company is always looking for ways to improve innovation, try out new ideas, and provide their users and players with as many new options as possible.

By Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master's degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications. Raza is the co-founder of 5Gist.com, too, a site dedicated to educating people on 5G technology.
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