How to Deposit with Bitcoin Cash at Online Casinos?
Have you ever deposited with Bitcoins at an online casino? If the answer is yes, you’re well familiar with what you need to have and what you need to do in order to deposit in Bitcoin Cash (BCH). The basic principle is the same. Essentially, Bitcoins and Bitcoin Cash are pretty much the same, with a minor tweak in its core, which makes Bitcoin Cash way better.
As usual, all you need is your Bitcoin Cash Wallet. Nowadays, most cryptocurrency wallets support a number of currencies at a time. Which means, you can use your existing Bitcoin Wallet to fund your online casino adventures. There still aren’t that many online casinos that accept Bitcoin Cash, but this is nothing to fret about. It took years before the first Bitcoin online casinos emerged. The market, the players and the casino operators took their time to make this decision before they made this happen.
Advantages of Bitcoin Cash Gambling
Playing casino games online with cryptocurrencies certainly has its advantages. However, the rising value of Bitcoins made the transaction fees almost unbearable. Moreover, the transaction time was extended as well. Bitcoin Cash comes with significantly lower transaction fees, and the transactions are processed almost instantly!
Besides cost and time efficiency, Bitcoin Cash also protects your privacy. It's as safe as its older brother the BTC, but you can pay with it without covering hefty transaction fees. For what it's worth, Bitcoin Cash is the future of cryptocurrency online gaming. As you can see, the number of reputable, legit Bitcoin Cash online casinos is still low, but this doesn't mean that you should lose hope! These 3 were considered the best Bitcoin casinos at one point in time. Now, you can deposit and play with BCH as well!
What You Need to Deposit with Bitcoin Cash at Online Casinos?
- A Bitcoin Cash Wallet
- Some Bitcoin Cash IN Your Wallet
- An Online Casino that ACCEPTS Bitcoin Cash
- A Player Account
Ergo, this doesn’t mean that the Bitcoin Cash is not going to have a safe future or anything of that kind. Instead, it just narrows down the options you have as a Bitcoin Cash casino player at this moment. Will other online casinos follow the lead? We can wait and see, but the situation is headed in a direction where the majority of Bitcoin online casinos moves towards Bitcoin Cash.
But, time and time again, we cannot stress how important is to be comfortable using the Bitcoin Cash Wallets, depositing and withdrawing, and most importantly, how you keep them. Nobody’s forcing you to use Bitcoin Cash if you’re not confident with it, you can still play with conventional currency.
What’s the Difference between Bitcoin and Bitcoin Cash?
In simple words, Bitcoin Cash is the advanced version of the “traditional” Bitcoin. There are a lot of problems with Bitcoin that many Bitcoin owners and/or users were turning a blind eye. For what it’s worth, these flaws were fixed with the introduction of the Bitcoin Cash.
- The Block size of Bitcoin Cash is bigger, 8 MB, whereas Bitcoin comes with a Block size of 1 MB only.
- The security system of Bitcoin Cash is improved as well (SecureSigs), requiring the signatures to be validated ont he blockchain, whereas Bitcoin’s signatures can be separated from the blockchain.
- The value of the Bitcoin Cash depends on the on-chain transactions, and also, it changes as the block size increases because of the market activities. The Bitcoin on the other hand, scales of off-chain payment channels.
- Lastly, Bitcoin Cash proves to be more versatile than its robust big brother the Bitcoin.
Are my Bitcoin Cash Safe at Online Casinos?
The casino’s reputation, its very existence is on the line if it messes something up. This is why you should base your decision on reviews and past player experiences. So far, there haven’t been any scandals or malicious behavior on Bitcoin casinos’ end. This is why we can confidently say, your Bitcoin Cash are safe in online casinos. Sure, you can’t sell them when you please. After all, you will have to complete the withdrawal.
Like we mentioned earlier, Bitcoin Cash is much safer than the traditional Bitcoin. The encryption in combination with the casinos’ SSL certificates makes it 100% safe. The only point where things can go wrong is if you send the Bitcoin Cash to a different address. The chances of this happening are greatest when your Bitcoin Cash Wallet is not the same with the online casino’s preferred Bitcoin Cash Wallet. Even we experienced difficulties, but eventually, everything ended well.
In short, your Bitcoin Cash are as safe as if they are in your own Bitcoin Cash Wallet.
Features of a Good Bitcoin Cash Online Casinos
It all comes down to the casino’s reputation. In our experience, the most successful and most popular casinos have gotten where they are because of how they treat players, when everything’s as it should be and when players get into trouble. No double standards. You can’t allow your decision to be a hit or miss. You’re depositing real money, it’s just called Bitcoin Cash. Online casinos that have proven their worth are at the top of this page!
Here are a few general features Bitcoin Cash Online Casinos need to have in order to be put among the best ones:
- Low or NO FEES at All
- Fast Processing – The Technology Makes this Possible!
- At the very least, DECENT Casino Game Collection
- Access to a Popular Bitcoin Cash Wallet(s)
These 4 must be considered. The first and the second one are obvious, but the 3rd one can be a bit confusing. Bitcoin games are rare. In order to deposit and play in Bitcoin Cash, there have to be games that are designed to meet this. Yes, the casino can convert the Bitcoin Cash in a conventional currency, but that’s not the point. It should be deposit AND play in Bitcoin Cash. Over the past few years, the number of Bitcoin Games has been growing exponentially, which is why we think decent game collection will become and industry standard.
The last one, the access to a popular Bitcoin Cash Wallet is essential. The easier it is for players to deposit, more pleasant their experience will be. This is somewhat of a problem in the industry, because casinos still haven’t found common grounds which Bitcoin Cash Wallet is going to become the standard one.
What are the Best Bitcoin Cash Casino Bonuses?
The answer is rather simple! The bonuses that fit your criteria are actually the best ones. The thing is, online casinos have different approaches when it comes to the bonus terms in particular. The bonus terms define the bonus and how generous it is. Bitcoin Cash casino players should be lucky they still have access to these alluring promotions and bonus deals.
In the end, it’s not about the size of the bonus, it’s what you can do with it that matters. This is why the best Bitcoin Cash online casinos do not necessarily have the most attractive bonuses.
Other Bitcoin Cash Casinos
We've talked through what to expect from Bitcoin Cash casinos online. As cryptocurrencies become more and more popular for betting, it's expected that an increasing number of casinos will offer this as a payment solution.
Here's a look at every other online casino we've reviewed that currently accepts Bitcoin Cash.