Bitcoin Cash is an altcoin , an alternative cryptocurrency to Bitcoin that emerged after a community disagreement. As Bitcoin has become more popular, transactions have become more time-consuming and with more expensive fees , demanding that action be taken. Since it was not possible to reach a consensus between increasing the size of the blocks or decreasing the data, the Bitcoin Cash cryptocurrency was created with blocks 8x larger than those of Bitcoin.
As a result, Bitcoin Cash (BCH) blocks allow for much more data. However, the scalability of Bitcoin by means such as lightning Network demonstrated that the creation of BCH may have been the wrong strategy . Much more centralized than Bitcoin and other currencies and with little return for mining, Bitcoin Cash is not as secure an option as Bitcoin is.
Choose casinos that accept Bitcoin Cash
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How to acquire an account with Bitcoin Cash cryptocurrency?
Bitcoin Cash is no longer one of the most market cap , but still ranks in the top 30. Therefore, it is easy to buy or sell in brokers. It is enough to have an account with a national or international broker, transfer money to acquire the BCH currency and carry out the transaction. From your account, you can play for a wallet or a casino with Bitcoin Cash.
At some of the online casinos that accept Bitcoin Cash, you can also buy BCH straight from the platform, without needing a broker or digital wallet . In this case, you pay through a payment option and the coins become available in your account instantly. Just do not postpone the creation of a crypto wallet, so that you can withdraw later.
Why use Bitcoin Cash in online casinos?
Before, Bitcoin Cash has already proven to be a more efficient alternative to Bitcoin. Today, depending on the demand for BTC , it may still be that if find times when fees make it more attractive to play at Bitcoin Cash casinos . Just always check how much is being paid for transactions, remembering that fees are common to all cryptocurrencies.
It is worth remembering that, due to its characteristics, BCH has a tendency to be more centralized. Although it is still a secure cryptocurrency, there is always a risk of control of the network by a larger group and therefore caution is advised.
How to play with Bitcoin Cash at online casinos
1. Choose
Among the online casinos that accept Bitcoin Cash recommended on this page, choose your favorite.
2. Registration
Complete the required registration form to have your cryptocurrency account at the casino.
3. Deposit or buy
Transfer BCH from your wallet or broker, or purchase at the casino if available.
4. Play!
Activate the deposit bonus if it is available and start playing with your Bitcoin Cash balance.
How to make deposits with Bitcoin Cash in online casinos?
Deposits with cryptocurrencies in general are quite practical and easy once you get used to them and the need to always be aware of the address. Today, with the popularity of such methods as Pix , in which a specific key is used for receipt, it is easier to understand the operation of cryptocurrencies such as BCH. Finally, it is also enough to have the Bitcoin Cash address of the casino to deposit.
When selecting BCH in the online casino chosen by you, there will be the address to which the cryptocurrency can be sent to be added to your balance. So much can copy the address when scanning the QR Code , which is useful by your broker's app or wallet, to replenish the online casino account with Bitcoin Cash.
Always look at the minimum and maximum amount, if they are available, and be sure to check the required fees to know exactly how much you will receive. In case you find a casino that allows you to buying BCH directly on the platform , eliminating an intermediary, remember to check the spread for which the casino profits.
How to make withdrawals with Bitcoin Cash in online casinos?
Bitcoin Cash withdrawals are similar to deposits, only in the opposite direction. With a digital wallet that accepts BCH, even if it is your broker's, you can copy your address. This is the address that must be pasted into the cryptocurrency redemption area of your favorite casino .
Once you do, make sure you have the exact address, or you will lose the coins. This is a question that applies to any cryptocurrency and not only Bitcoin Cash. Define the amount you want to withdraw, paying attention to the minimum required and the transaction fee , again also common to cryptocurrencies.
PROS
- Speed bitcoin Cash deposit and withdrawal transactions are fast, but they are no longer as superior to Bitcoin as they once were.
- Privacy & your privacy is preserved in transactions with cryptocurrencies such as BCH.
- Variety Bitcoin Cash is not as common as Bitcoin, Ethereum, and Litecoin, but it is still relatively easy to find in cryptocurrency casinos.
CONS
- Centrality unlike Bitcoin, BCH is more centralized and has a risk of falling into the hands of a few miners.
Is it safe to play at online casinos with Bitcoin Cash?
Bitcoin Cash is an relatively safe cryptocurrency , although it may make more sense today to opt for other currencies that do not offer the same centralization risk. Still, it is among the main offers available in casinos with cryptocurrencies and, when opting for one recommended casino on this page, you will know that you are on a reliable site.
Frequently asked questions Bitcoin Cash at online casinos
Who can deposit and play with Bitcoin Cash at online casinos?
You must be at least 18 years old, the minimum age required to place any type of BET in New Zealand. In addition, just buy the cryptocurrency and play.
How to acquire Bitcoin Cash to play online casino games?
There is more than one option on how to do this. The ideal is to already have your account at a broker, purchase BCH and transfer them to your casino account with Bitcoin Cash. Otherwise, the other option is to buy it already in some casinos that offer this option.
Are there any bonuses to playing with Bitcoin Cash?
In general, cryptocurrencies allow you to have access to all bonuses and promotions of online casinos. In the case of Bitcoin Cash in particular, there are usually no exclusive promotions.
How to earn Bitcoin Cash playing at online casinos?
Just play the games of your choice and hope to be able to win. Automatically, your BCH balance will be updated as you play.
What happens if the Bitcoin Cash cryptocurrency falls?
Volatility is a characteristic of cryptocurrencies and yours will not keep the value intact just by being in the online casino. If the balance is held in BCH, then your balance will be subject to both highs and lows.
*More information, go to Bitcoin Cash .
