1win has enhanced its blockchain infrastructure to enable direct cryptocurrency deposits and withdrawals, bolstering security and transparency for global users. The update, implemented across Ethereum and Binance Smart Chain networks, supports major tokens including BTC, ETH, USDT, and BNB. This move aligns with rising demand in crypto-friendly jurisdictions, allowing operators to streamline payments while adhering to international compliance standards.
1win, a prominent online gaming operator licensed under Curacao eGaming, has integrated advanced blockchain protocols to fortify its crypto casino offerings. The expansion introduces seamless on-chain processing for deposits and withdrawals, leveraging Ethereum's robust smart contract ecosystem for game fairness and Binance Smart Chain (BSC) for low-cost, high-speed transactions. Ethereum, a decentralized network that records all activities on an immutable ledger, ensures every bet and payout is verifiable, while BSC—chosen for its compatibility with Ethereum tools and fees under $0.10—optimizes user experience in high-volume environments.
Technically, the integration deploys custom smart contracts at addresses like 0x... (verifiable on Etherscan and Bsc Scan explorers), allowing instant token swaps and automated payouts. For non-technical users, this means blockchain acts like a digital receipt book: every action is logged publicly but pseudonymously, preventing fraud without revealing personal details. Settlement times now average 10-15 seconds on BSC versus hours for bank transfers, with no chargebacks possible due to crypto's irreversible nature.
Compliance implications are significant in non-US markets. Curacao's Landsverordening op de Kansspelen (LOK), effective since 2023, mandates robust AML/KYC for crypto operations; 1win's update incorporates automated wallet screening via integrated tools from providers like Chainalysis, ensuring adherence without full identity disclosure for low-risk users. In Malta, the Malta Gaming Authority's Virtual Financial Assets Act provides similar transparency, aiding regulatory audits, while Estonia's Financial Intelligence Unit benefits from on-chain traceability for tax reporting purposes. The geographic scope targets Europe, Asia, and Latin America, excluding restricted areas. Rollout is completed as of September 16, 2025, with full features expected to be live by October.
Market impact extends to operator capabilities: 1win reports a 25% uptick in crypto deposits post-integration, signaling broader adoption in a sector projected to reach $100 billion by 2026. For players, this translates to lower fees—Ethereum gas costs averaged $2 during implementation—and heightened trust through provably fair RNGs, where outcomes are hashed on-chain pre-game. Regulators in Gibraltar and the UK may view this as a model for striking a balance between innovation and oversight, potentially influencing future guidelines. Overall, the enhancement positions 1win to capture emerging markets like Brazil and India, where crypto gambling frameworks are evolving rapidly.
Sources: Chainwire, Crypto Potato
