DAOWallet to empower 1Click Games partners

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Updated September 21, 2022 | Published November 27, 2020

2 mins read

DAOWallet currently supports a number of transactions, including Bitcoin and Ethereum as well as the company's own token, BET.

Players are also welcome to make deposits via credit cards, for example, so that providers teaming up with DAO and 1Click Games won't limit the scope of banking to cryptocurrencies only.

FIAT as a payment option is slowly being phased out by most crypto casinos, with mBitCasino becoming one of the first to do so.

Cloudbet, another respected brand also said that it's looking to focus on crypto currencies more.

Meanwhile, the addition of the DAOWallet will enable consumers to have a powerful ally against potential chargeback fraud, which will be eliminated with DAO's intuitive solution.

More importantly, DAO will make it easier for 1Click Games' partners to meet various market requirements for deposits and withdrawals, adapting to different regulatory frameworks.

To this end, DAOWallet makes sure to comply with standard KYC and AML procedures and give 1Click Games the ability to conduct checks as to the source of all transactions into the wallet.

DAOGroup's COO, Glen Bullen, said: “Easy, secure crypto payments are demanded by a vast, unserved audience around the world, and integrations like this, with the innovative 1Click Games, can now give this market access to the best casino experiences around.”

1Click Games CEO Maxim Terehovich echoed DAO's sentiment, and said that the cooperation with DAO was valuable to the company as it focused on both consumers and operators.

Other crypto portals have also gone the extra mile to ensure that you are enjoying safe banking operations. They include Bitcasino, BitStarz and FortuneJack, to name a few.

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Alex

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

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