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Online casino Betplay.io has launched an industry-first cryptocurrency option that supports Bitcoin and Tether USD.

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Deposits and withdrawals using Bitcoin can now use the Bitcoin Lightning network to enable near instant transactions.

A spokesperson for Betplay.io said: “We aim to have the best player experience on the market and fast payments is an important part of this.

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“Bitcoin Lightning payments will be an absolute game-changer by making deposits and withdrawals significantly faster and cheaper for players.”

The company has partnered with some of the gaming sector’s most prominent content suppliers and its launch will include a number of studios such as Quickspin, Nolimit City, Blueprint Gaming, Thunderkick and Red Tiger.

Live casino will be provided through Betgames.tv and Ezugi with more studios to be added in the future, including Pragmatic Play Live Casino and Evolution.

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A spokesperson for Betplay.io said: 'We don't think having the best payment option for Bitcoin is enough, we also want to have the best games.

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“That is why we have partnered up with top providers on the market with the goal of having the largest offering of games to the crypto community.”