In response to the country’s emerging interest in bitcoin and crypto gaming, Crypto casino and sportsbook Cloudbet has officially launched an Argentina-focused operation.
The website has launched a country-specific website and blog to help Argentinians learn more about the advantages of cryptocurrency betting. It also highlights the features that make Cloudbet a trusted pioneer in the world of crypto gaming, including its customer service for 24/7 live chat in Spanish to help handle the inquiries of Argentine players.
Based on its study of search interest in crypto gaming and bitcoin transactions in five countries on the continent, the operator chose Argentina as the first South American locale to launch a local language operation.
Curiosity in crypto gaming, the company said, has increased along with increasing ownership of cryptocurrencies, as Argentinians are finding a hedge in the midst of strict government capital controls against the devaluation of the peso.
“Given the intense interest, we think that now is the perfect time to dedicate more resources to help Argentinians realize the benefits of betting with crypto,” a Cloudbet spokesperson said. “We intend to give Argentinian players more support and more bonuses to utilise on upcoming events within our casino. Crypto enables us to offer features that traditional operators can’t.”
Founded in 2013, Cloudbet is one of the world’s longest-established operators of bitcoin betting, with a trusted legacy of seamlessly storing player deposits and handling withdrawals on an intuitive user interface. In recent months, the platform also accepts ethereum, bitcoin cash, and has added three secure coins, USD Tether, USD Coin and Pax Gold.
“We’ve noted that stablecoins are increasingly relevant in Argentina, where individuals are looking to protect the value of their assets from the peso’s devaluation,” the spokesperson noted. “We intend to add more coins that are specifically appropriate for this market.”
In April, the operator re-launched its platform to draw a more diverse audience and launched a range of bold new features, including esports, political betting, virtual sports and quick transactions of credit card coins.
In June, with an aggressive English Premier League campaign, Cloudbet caught the attention of industry analysts, under which its sportsbook paid no margin on pre-match bets for all games left in the season. This allowed consumers to have access to the fairest rates on the market, and thus the highest returns.
An expansion of Cloudbet’s long-standing “best odds” promotions on sports like soccer, basketball and tennis was the “zero margin” initiative.
“Argentine sports fans can be assured that best prices will be offered on the competitions that they care about,” the spokesperson added. “We’re talking about the best odds on match-ups in the Champions League, the Copa Libertadores, and in next year’s Copa America.”