To the chagrin of traditional finance pundits, cryptocurrency is gaining favor. This is especially notable on a number of online poker sites, including the Winning Poker Network (WPN). According to WPN Affiliates spokesman Brian Harris, the WPN is seeing as much as 60% of its payments come through cryptocurrencies.
Harris stated, “WPN processed its first Bitcoin [BTC] transaction in 2015 and now accepts over 60 different cryptocurrencies for deposits and withdrawals. Despite accounting for just 2% of business in the first year, cryptos now represent 60% of all transactions across the network.”
Cryptocurrency payments are gaining popularity because their better – and cheaper. Harris points out in the press release that “compared to traditional banking methods which cost 13% on average to process, cryptocurrencies cost sites just 2%.”
WPN recently introduced six new Short-Deck Hold’em games, which it offers using the alternative name of “6-Plus,” to the platforms. They come following the success of the version among poker high rollers and were officially launched on September 10.