An offshoot of Bitcoin, Bitcoin Cash (BCH) is a cryptocurrency that has been around since 2018. Bitcoin Cash was a unified network before it split into Bitcoin Cash and Bitcoin SV. The monetary technology works on a proof of work principle and has a supply limit of 21 million, with a total value of the market gravitating towards $3.24 billion.
Bitcoin Cash functions as an electronic cash payment system. In contrast to its parent, Bitcoin, BCH has ingrained mechanisms that encourage users to keep it moving rather than storing it indefinitely in their wallets. These mechanisms and the affordable value make it ideal to use for online casino playing – a practice with rising popularity.
The following is a review, an upgrade on other Bitcoin Cash casino reviews, that will teach you how to use this currency to wager in online casinos. Learn how to set up a Bitcoin Cash payment system for yourself. Then discover what games you can play with it and what bonuses you can claim. This and much more. Read the full article to learn the details.
How to use Bitcoin Cash for gambling
To make a cryptocurrency transfer, you need to have a point A and point B. Each point has an address comprising a sequence of letters and numbers. So, it is logical to start by creating a point – i.e. an exact address. This point is called a wallet. It’s a software program, where you can keep your coins.
There are many wallets you can use for Bitcoin Cash. If you are a beginner, we recommend you start small: with a mobile or web wallet. You’ll also have the option to install a wallet on your desktop computer. For maximum security, you can purchase and use a hardware wallet. One final option is to use hosted wallets at the exchange platforms.
To install a web or mobile wallet:
Go to the provider website (Mobile wallets: Coinomi, Jaxx, BCH Direct. Web wallets: BCH.com) or App Store and Google Play.
Download and install the software.
Open the app and record your recovery phrase (you will need this phrase to restore the account, so don’t lose it).
Type in your password or PIN.
Get some BCH coins into your new wallet.
Bitcoin Cash can be mined, but this is a topic for another guide. For ease of explanation, buy some Bitcoin Cash from the major exchange markets.
To install a desktop wallet:
Download one of the trusted cryptocurrencies wallets (Jaxx, Atomic, or Exodus).
Install it.
Write and record your recovery phrase.
Create a password for your wallet.
Put some Bitcoin Cash in it.
Alternatively, you can use a hardware wallet. A hardware wallet is basically a flash device or eternal hard drive, which you’ll only connect to the network when you are using your Bitcoin Cash. Since BCH is designed for movement rather than storage, this option is not the best, but it still gives you added security.
To install a hardware wallet:
Purchase Ledger Nano S or Trezor.
Connect it to your computer.
Install the software.
Create your PIN.
Get some BCH into the account.
With these steps out of the way, you’ll be playing classic casino games in no time.
Games and Slots with Bitcoin Cash
Today, the game variety for Top 20 crypto coins closely resembles that of a high-end fiat gambling platform. With BCH, you will get access to thousands of casino games.
Slots from over a dozen industry-leading game-makers take their lion’s share of any Bitcoin Cash casino. Three- and five-reel games with varying themes with pleasing graphics and sound effects will be at your disposal. Some of the best Bitcoin Cash casinos also provide jackpot slots with grand prizes reaching into several original Bitcoins.
Casinos like Ignition, Cloudbet, and Betcoin have thriving poker platforms that support BCH. You can square off against other players in Texas Hold’em, Omaha, Three-Card Stud, and a lot of other game variants, including Video Poker.
Bitcoin Cash casinos also have great coverage of classic table games. All popular variants from Bitcoin Cash blackjack, roulette, and craps are available, both as standard player-vs-computer and player-vs-player versions as well as the live-dealer format. The live casino Bitcoin Cash sections are supplied by no other than Evolution Gaming.
Last but not least, you will find scratchcard games and even sports betting with great odds on pretty much every US and European major league.
At most BCH crypto wallets, some minimum and maximum deposit and withdrawal limits apply. While deposits will usually be set to unlimited, the most likely roof allowance for withdrawals would be set to $50,000 worth of BCH. The fees are also slightly higher than other niche currencies, but lower than original Bitcoin. Bitcoin Cash fees are dictated by market principles and simple practicality. During peak times, they may rise. However, based on the latest Bitcoin Cash casino information, they usually gravitate around the $0.019 range per transaction. Some wallets may also charge you a small amount. Coinbase, for example, has a 0.50% fee for each transaction.
Also, each casino decides how to set the limits for BCH separately from other platforms. It is worthwhile to check the T&Cs page of your chosen casino to see the exact figures. On the plus side, deposits are usually unlimited at most providers.
How to Make a Deposit with Bitcoin Cash
Depositing at a Bitcoin Cash casino works the same way with other cryptocurrencies. You need to have a wallet set up prior to making a deposit.
Create an online Bitcoin Cash casino account and log in.
Navigate your way to the payment section of the BCH casino.
There, you will see two options: Deposit and Withdrawal. Click on Deposit.
Choose the Bitcoin Cash payment method.
The system will show a QR code with the wallet address of the casino beneath it. Copy this address.
Now go to your wallet and click Send.
In the right box, paste the wallet address of the online casino BCH exactly as it is.
Type in the amount you want to deposit and confirm.
Now, each BCH transaction is required by the blockchain to receive four confirmations. This roughly translates into 20-50 minutes of waiting time until the transaction takes effect.
How to Get Paid in Bitcoin Cash
To get paid, you need to provide the BCH casino online with your 34-character wallet address. Here’s how it works:
First, open your wallet and click Receive.
You will see the wallet address pop up. Copy it exactly as it is.
Go to your online casino Bitcoin Cash account and click on Payments/Cashier.
Select the BCH currency option.
Type in the amount you want to withdraw and paste your wallet address in the designated field.
Confirm the transaction.
Casino Bitcoin Cash operators usually need up to 48 hours to verify the withdrawal. After the completion of this process, you will see the money on your wallet balance within 40 minutes.
Alternative Cryptocurrencies for Online Gambling
The great thing about cryptocurrency casino gambling is that there are dozens of payment methods with quick processing times. If BCH is not your thing and you have another currency that you are more adept at using, you can go ahead and use it. Besides BCH, you can use alternatives like Bitcoin, Ethereum, Solana, Litecoin, Dogecoin, TRON, Cardano, Dash, Stellar, Ripple, Monero, and Binance Coin, among others.
Bonuses at Bitcoin Cash Casinos
There is no stone unturned with bonuses at BCH casinos. In terms of variety, you’ll encounter the same types of bonuses as you would with fiat casinos. Some of these offers come with much higher value – usually calculated in Bitcoin. Keep an open tab on the promotions pages for the newest Bitcoin Cash casino offers. Here are the Bitcoin Cash casino bonus types you’ll see:
First Deposit Bonus
Most BCH-supported platforms have great welcome packages for first deposits. This is one of the best BCH casino bonuses in terms of value.
Reload Bonus
Weekly reload rewards are available at some operators. This is a bonus that gives you back a percentage of your deposit made on certain days of the week.
Free Spins
If you are a slots fan, you would be happy to find plenty of good-value free spins at BCH operators.
No Deposit Bonus
This type of bonus is rare to find but available at selected few Bitcoin Cash casinos. It’s a reward given with no deposit. It could be triggered with a promo code, or based on activity.
Cashbacks
Weekly and monthly cashbacks are up for grabs at the best Bitcoin Cash casinos as a percentage of the total of your previous deposits back in bonus credits.
Loyalty Programs
These multi-level structures offer increasing rewards. Each level grants you new BCH casino Loyalty points are given for activity and deposits.
Although most of the bonuses can be claimed without a bonus code, casinos occasionally publish such codes for exclusive offers. If you are vigilant enough, you might stumble on the best bonus code for Bitcoin Cash casino.
Have in mind that to claim the bonuses, you have to be a registered user of a BCH casino. At the time of writing this review, there were no no sign up BCH casino offers.
Pros and Cons of Bitcoin Cash Casino
Bitcoin Cash gained a lot of traction among crypto fans after JP Morgan and billionaire Elon Musk decided to publicly invest in the currency. Many users followed suit and the price of BCH grew in a relatively short time. As with anything else, however, we advise you to consider both the advantages and disadvantages of BCH before you commit to it for any purpose, including for playing online casino games. Here are the pros and cons of Bitcoin Cash.
Pros
Potential for Growth – BCH is on the rise, making it an appealing investment.
Privacy and Security – As a decentralized blockchain technology, Bitcoin Cash provides much better security and privacy than fiat currency.
Low Fees – Compared to Bitcoin, BCH’s fees are sweet and usually fall into the cents range. BCH wallets may also charge you a tiny amount – up to 0.5% of your transaction.
Cons
Limited Number of Casinos – Compared to the more popular cryptocurrencies, fewer casinos support Bitcoin Cash
Withdrawals May Take Longer – Some casinos may require time to review payments.
Volatile – As with other cryptocurrencies, the value of Bitcoin Cash may undergo sudden changes.
Bitcoin Cash is a great alternative for online gambling, but, as with anything else, it comes with positives and negatives. It’s up to you to decide whether it’s right for you.
Conclusions
Because of the structural similarities with Bitcoin and lower value, Bitcoin Cash has attracted plenty of interest from crypto enthusiasts. No other than Elon Musk has invested in this currency, but don’t let that deter you from doing your own research. BCH has advantages like low fees and 100% anonymity of transactions but also drawbacks such as a limited number of casinos and volatility.
If you choose BCH for online gambling, you’ll need a wallet. Once you get this out of the way, you’ll be able to deposit at Bitcoin Cash casinos and play thousands of games, including Bitcoin Cash casino blackjack, slots, roulette, and poker. You’ll also enjoy the same bonuses you would normally encounter at fiat gambling sites. Besides, a quick Google search will yield a few licensed options for a BCH casino with baccarat.
The Bitcoin Cash blockchain also supports thousands of transactions per second. Your deposits will materialize in minutes for very acceptable fees – around $0.019 per transfer. You may experience some familiarities with fiat withdrawals, as BCH casinos usually need up to 48 hours to process the payments.
We deem BCH a viable alternative to fiat currency casino gaming.
Hopefully, this review equipped you with all the right information to decide whether to use BCH to play slots and classic table games online. It is built on existing BCH casino reviews with up-to-date, research-backed data. In the FAQ section below, you will find bite-sized answers to help you further.
Is it safe to make a deposit using Bitcoin Cash?
Bitcoin Cash is safe as long as you set up a wallet with the right security characteristics and follow a few common-sense principles. If you intend to store large amounts of BCH in your wallet, the best Bitcoin Cash casino wallet practices dictate you should increase your security by using a hardware wallet. Always play at licensed casinos to avoid payment headaches.
How to deposit using Bitcoin Cash?
Depositing at a BCH casino is easy. You simply need to go to the Cashier section and click on Deposit. Then, choose Bitcoin Cash. Copy the wallet address of the Bitcoin Cash online casino and go to your wallet. Click Send and paste the address there. Type in the amount and confirm.
Is it legal to play at a casino with Bitcoin Cash?
If online gambling and Bitcoin Cash are legal in your state, then it is safe. BCH is legal to use in most developed nations, including the USA. However, online gambling is illegal in 44 states. The only states where you can play Bitcoin Cash online casino games legally are Connecticut, West Virginia, Pennsylvania, Michigan, New Jersey, and Delaware.
Are Bitcoin Cash casinos anonymous?
The blockchain structure and process assures that Bitcoin Cash transactions are anonymous. At licensed casinos, you will have to undergo an identity verification process, but these casinos work under data protection laws and will keep your details safe.
Are there any Bitcoin Cash casinos?
Although fewer casinos support BCH than Bitcoin and Ethereum, a handful of excellent platforms provide the full breadth of gaming options. Finding the best Bitcoin Cash deposit casino would come down entirely to your preferences regarding bonuses, as all options are secure and have a great variety of games.
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