Ahead of its September launch, the platform is already positioning itself as a verifiable and genuine gaming operator. The Bitcoin betting exchange will launch early next month with a licence from the Curacao eGaming Commission.
The company will first focus on all major soccer competitions as well as the National Football League (NFL). More events and leagues will be rolled out as time goes by.
Based on the Exbet API beta results, Exbet has been working on specific optimisations to enhance the user experience. Exbet will also enable users to “trade programmatically,” i.e. build bots and access real-time market data right on the Exbet exchange.
The mission of the platform is simple, become a “Betfair for Bitcoin,” and the company seems to be moving in the right direction. Here is what David Evans, Exbet COO, had to say about the new licence and pending launch:
“An exchange lives or dies on its liquidity, so we're very pleased with the commitment being shown by prospective market makers ahead of Exbet's launch in September.”
Evans added that Exbet is already seeing a lot of interest from “market makers with a crypto background.” Exbet is hoping to bring crypto liquidity into sports betting and six months of discussions have already confirmed the interest in the activity.
Still, Exbet will have to find ways to enable liquidity mining on the exchange, but the company believes this is the right way forward. And, even though the project had to be delayed a little due to COVID-19, Exbet is right back on track.