Crypto Wallet For Online Exchange and Casino: Betcoin Case Study
Merkeleon collaborated with Betcoin, a promising Turkish client, to create a far-reaching crypto ecosystem. This case study delves into the details of the project, its scope, features, challenges, and the unexpected turn of events that led to the project’s suspension.
Client’s Needs and Challenges
Betcoin approached Merkeleon with a clear vision: to integrate a crypto wallet into an online exchange and an online casino, exclusively catering to Turkish users. The client also had a keen interest in launching their own crypto processing service for regional merchants. Understanding these unique needs was paramount to the project’s success.
Merkeleon’s Approach
Merkeleon’s approach was to design an end-to-end user experience, with a single point for user registration and login. Our team’s expertise in developing crypto solutions and exchanges played a vital role in meeting the client’s objectives.
Project Scope and Features
Betcoin should be a coherent ecosystem for Turkish users, comprising:
- A feature-rich crypto wallet;
- Integration with a crypto exchange;
- Integration with an online casino;
- A unified registration and login system;
- A dedicated crypto processing solution for regional merchants.
Challenges Faced
Despite careful planning and diligent development, several challenges arose:
- Regulatory hurdles in the Turkish crypto market;
- Shifting compliance requirements;
- Unexpected market dynamics;
- Evolving merchant demands.
Overcoming Challenges
Merkeleon’s team worked tirelessly to address the challenges. We conducted in-depth regulatory research and ongoing compliance monitoring. Also, our tactics included agile development to adapt to changing regulatory demands. To accommodate market shifts, our specialists tried to achieve flexibility in design. Plus, we interviewed regional merchants to align the crypto processing solution with their evolving needs.
Results and Benefits
The project was well completed, offering a comprehensive crypto ecosystem for Turkish users. However, unforeseen circumstances led to the project’s suspension. Although not launched, Betcoin demonstrated Merkeleon’s capability to deliver a high-end crypto solution.
