Crypto casinos are getting some of the hype and spotlight that cryptocurrencies have brought to the industry. Since the beginning of 2021, more and more people have started looking for a crypto casino to test the waters. This includes Bitcoin Cash casinos, since the token is one of the most popular ones on the market, and has been for a while. Especially amongst crypto casino players.
In this article, we will talk more about Bitcoin Cash itself, Bitcoin Cash casinos and their advantages, pros & cons list, where to buy BCH, and types of games you will find at a Bitcoin Cash casino. Our main goal is to provide complete and transparent information on how good Bitcoin Cash casinos can be, or what can be seen as a red flag. Additionally, we always speak in great detail, so you are left with just the right amount of information to let you decide whether or not this is something you’d like to try out.
Interesting: Bitcoin Cash All time high price was scored in Dec 2017 at value of $4,355.62, shortly after that peak it never reached $1k again.
Bitcoin Cash is designed to be a cryptocurrency focused on transactions, functioning as an online payment option. For this reason, when developing BCH, the founders meant to address Bitcoin’s perceived scalability issues, and provide further utility for our daily lives. Its other point is to be spent, rather than collected as a long-term investment.
Aside from that Bitcoin Cash has a fundamental difference when compared to Bitcoin. It is that the block size is larger, making BCH transactions way cheaper and faster, but we will talk about that in greater detail in just a moment.
The block size is actually what attracts many to research BCH and potentially own a certain amount. So if you have BCH laying around, you’d be more than happy to reap all the benefits from Bitcoin Cash casinos.
First of all, we cannot start with anything other than the fact that Bitcoin Cash is a decentralized cryptocurrency. This eliminates and needs and wants for central financial institutions, and relies on authorities in specific cases. Furthermore, BCH has nodes spread globally, making BCH immune to any sorts of political attacks. Additionally, this means that anonymity and privacy will be remaining intact during play at Bitcoin Cash casinos.
Bitcoin Cash’s scalability is another great advantage for many people. This means that lots of people can execute transactions, payments, etc. at the same moment. Its block size is 32 MB, which is bigger than Bitcoin. Due to this, it is perceived that BCH has potential convenient use in the future.
Interesting is the fact that BCH is highly efficient, due to the size of the blocks. This means more payments, faster payments, lower costs when compared to other cryptocurrencies such as Bitcoin and Ethereum. Not only that, but according to the roadmap released for BCH, they plan on increasing the block size even more.
Due to its efficiency, Bitcoin Cash has very low transaction costs. To give you a direct example, the average cost of a BCH transaction is lower than $0.01, meaning you will have to do thousands of deposits and withdrawals before you feel the negligible loss over fees.
The availability of Bitcoin Cash, just like all other decentralized cryptocurrencies is global. This means that even if your country has placed a restriction on the use of tokens or crypto casinos, you’d be able to bypass it. This can happen due to the fact that crypto casinos ask for no personal details, while crypto exchange platforms also allow you to remain anonymous. As always, you can even use a VPN service to further mask your activity.
We will be leaving some great advantages and some of the disadvantages that Bitcoin Cash and the BCH casinos have. What better way to do that than to put it in a convenient list of pros & cons. Staying transparent about all processes regarding crypto casinos is our top priority.
Bitcoin Cash can be purchased through most of the popular crypto exchange platforms out there such as GateHub, Kraken, Coinbase, Binance, etc. It is also offered by many other platforms, due to its surge in popularity, so you will probably have no hard time obtaining BCH.
In order to store BCH, you will need a crypto wallet, otherwise, it will not be possible to transact the cryptocurrency. Popular crypto wallets that allow the storage of XRP are Binance, Coinbase, Kraken, etc. Once you get your hands on some BCH, you are ready to deposit and start playing.
A lot of people seem to think that different crypto casinos offer different sorts of games. Opposite to the word on the street, this is completely untrue. All crypto casinos have a couple of sections that are usually present and from which you can choose. These sections include Slots, Table Games, Live Casino Games, and Sportsbooks.
Slots are the golden standard, and it is the type of game that takes over most of a casino’s game library. The different types of slots include but are not limited to megaways, progressive and non-progressive jackpots, drops & wins, hold & win. Some even have unique features and bonuses for crypto users.
If you are a sports fan, you will get to enjoy the Sportsbooks section. This is the place where you will be getting to bet on football, basketball, boxing, tennis, volleyball, cycling, swimming, and a lot more. On the other hand, you will also be getting to bet on cybersports such as League of Legends, Counter-Strike, DotA, Rainbow 6 Siege, Starcraft, and some others.
For those who enjoy the more traditional casino experience, we suggest checking out the Table Games and Live Casino Games sections. Table Games are 100% virtual, whereas Live Casino Games are live-streamed directly to you, and are being operated by real-life croupiers. This is the only major difference between the two. Otherwise, Live Casino Games include game shows such as Wheel of Fortune, Horse Racing, Monopoly, Deal or No Deal, and more.
New casinos accepting BCH deposits
Choose your Bitcoin Cash casino and create your account.
Click on the “deposit” button, usually located on the top right corner of the website.
Select Bitcoin Cash as the crypto you wish to use.
Send the BCH amount to the provided address and wait for it to be added to your casino account’s balance. Then play.
If you enjoy alternative crypto casinos, then Bitcoin Cash casinos will definitely appeal a lot to you. You’d be getting to reap a lot from the advantages the token itself presents. This, in combination with the promotions and bonuses some BCH casinos offer, is an amazing deal.
We presented the advantages and disadvantages, as well as some additional information on BCH itself. It should be enough information to make a decision on whether or not you’d like to dip your toes in this sector of the industry.
Yes, Bitcoin Cash casinos usually have a Curacao license, which is the best available option. However, be aware that there are some casinos that operate without the ownership of a license. This means they are most likely a fraudulent casino looking to scam players.
Yes, Bitcoin Cash is a decentralized cryptocurrency, meaning you will be getting to access, purchase, and make transactions from anywhere around the world. BCH bypasses any laws and restrictions a jurisdiction may have placed upon its citizens. This can be further fortified with the use of a VPN service to further mask the activity.
Yes, since the cryptocurrency is decentralized, one of its main points is that it allows the users complete anonymity and privacy. This happens also with the help of crypto casinos and crypto exchange platforms, which usually do not require too much personal information.
No, Bitcoin Cash casinos are the name of casinos that, alongside all other cryptocurrencies they also accept Bitcoin Cash. This means that you will also be finding many other crypto options you can choose from if you have more than one cryptocurrency stacked in your crypto wallet.