The Ultimate Bitcoin Cash Casino Guide 2023
If you are looking for a cryptocurrency that is affordable and accepted as currency in casinos, Bitcoin Cash is an attractive alternative to other currencies. The casino industry has also recognized the potential of the cryptocurrency so that there are now numerous providers that have established themselves as high-quality Bitcoin Cash casinos. In this article, we provide you with all the important information about Bitcoin Cash casinos so that you can easily check whether a Bitcoin Cash casino is the right provider for you.
Best BCH Casinos 2023
Table of Contents
- Best BCH Casinos 2023
- What exactly is Bitcoin Cash?
- How does Bitcoin Cash differ from Bitcoin?
- What games do Bitcoin Cash casinos offer?
- Advantages and Disadvantages of a Bitcoin Cash Casino
- Criteria for Choosing a Bitcoin Cash Casino
- Tax Regulations for Playing in a Bitcoin Cash Casino
- Tips for Playing in a Bitcoin Cash Casino
- Are Bitcoin Cash casinos safe?
- Is there a bonus when depositing with Bitcoin Cash?
- Conclusion: Numerous advantages of both the use of Bitcoin Cash
- FAQ: The most frequently asked questions about Bitcoin Cash casinos
What exactly is Bitcoin Cash?
Bitcoin Cash is a spin-off of Bitcoin and is based on blockchain technology. This process allows individuals to download the necessary software and start generating Bitcoin Cash. Thanks to the software, the home computer calculates algorithms, which generates Bitcoin Cash. As a rule, several users join together to form so-called mining pools, which divide their generated Bitcoin Cash among themselves. With the cryptocurrency obtained in this way, you can make online purchases, trade, or play in a Bitcoin Cash casino.
Unlike Bitcoin, Bitcoin Cash has a lower market capitalization. Nevertheless, on average, it takes the place of the fourth most valuable cryptocurrency at the moment. The advantage is that new players are more easily able to purchase the currency to play with it in the casino.
How does Bitcoin Cash differ from Bitcoin?
As you can imagine, Bitcoin Cash evolved from the original cryptocurrency, Bitcoin. The main difference lies in the block size. While Bitcoin has a block size of 1 MB, Bitcoin Cash has a block size of 32 MB (originally 8 MB). The larger block size allows more people to use Bitcoin Cash simultaneously. Apart from that, there are only minor differences between Bitcoin and Bitcoin Cash. For example, both have a maximum coin supply of 21 million.
|Block Size||1 MB||32 MB (originally 8 MB)|
|Number of Coins||21 Million||21 Million|
|Origin||Originally designed as digital gold||Fork of Bitcoin to speed up transactions|
|Average Transaction Fees||High||Low|
|Mining Algorithms||SHA-256 (similar to Bitcoin)||SHA-256|
|Popularity and Acceptance||Most widely recognized in the crypto world||Lower recognition and acceptance compared to Bitcoin|
What games do Bitcoin Cash casinos offer?
A good Bitcoin Cash casino offers a wide selection of games from different categories. You can expect to find your favorite games available as well. Simply research the offerings of the specific crypto casino in advance.
1. Crash Games
The principle of Crash Games is simple. All participating players place a certain amount, which is then multiplied with each round. The catch is that the game can “crash” at any time. If that happens, the bet and the winnings from the round are lost. The key is to cash out at the right moment.
Slot games are by far the most popular games in online casinos. It's no surprise that Bitcoin Cash casinos also offer a wide selection of slots. You'll find slots with different payout rates, features, and themes. Unlike a land-based casino, you can expect to have hundreds or even thousands of different slots to choose from. There's bound to be something to suit your taste.
3. Table Games
Apart from Roulette, most table games require more skill than slot games. In fact, some games like poker offer the possibility of making a living solely from playing. That's why table games are highly popular in crypto casinos. The most common table games in Bitcoin Cash casinos include baccarat, blackjack, craps, poker, and roulette.
4. Live Games
Are live games the same as table games? Not exactly. They are essentially the same games, but there is a small yet significant difference: live games are played in real-time at a virtual table with a real dealer. This makes them much more interactive and realistic. Most online casinos even have a chat feature to interact with the dealer and other players. Given these unique features, it's clear that live games are more elaborate than regular table games.
5. Sports Betting
Not all crypto casinos offer sports betting, but there are increasingly more online casinos that also function as bookmakers. The selection of football bets is usually extensive, but you can also bet on other sports like basketball, handball, or tennis. Even e-sports are now included by most sports betting providers.
This allows passionate gamers to bet on their favorite teams in games such as Call of Duty, Dota 2, FIFA, League of Legends, and Valorant. The available betting options depend on the specific sport. Popular options for football include 3-way bets, handicap bets, and over/under bets.
Advantages and Disadvantages of a Bitcoin Cash Casino
|Advantages of a Bitcoin Cash Casino||Disadvantages of a Bitcoin Cash Casino|
|Anonymity||Technical knowledge required|
|Low fees||Limited selection of Bitcoin Cash Casinos|
|Global availability||Technical challenges|
For use in online casinos, Bitcoin Cash can bring some advantages that traditional currencies do not.
1. Bitcoin Cash offers anonymity to players
The first decisive advantage that a Bitcoin Cash casino offers is the anonymity of the players. Bitcoin Cash users do not have to provide any personal data to use the cryptocurrency. Even the creation of a wallet, a digital purse for cryptocurrencies, does not require any personal data.
For this reason, players also do not have to provide any personal information when registering at the Bitcoin Cash casino of their choice, so their privacy is ensured.
2. High speed of deposits and withdrawals
Bitcoin Cash casinos can also convince in terms of convenience. The cryptocurrency works exclusively digitally, so that transactions are carried out in real time. Playing can therefore begin directly after registration. Furthermore, payouts are also processed instantly so that the money is available immediately.
3. Low fees for deposits and withdrawals
The fees for deposits and withdrawals are determined by various factors. In addition to the specific online casino, other criteria such as the player's country, transaction volume, and payment method may also play a role. In general, the fees for Bitcoin Cash are lower compared to most other payment methods. You can expect to pay lower fees than bank transfers or credit card transactions. Even compared to other cryptocurrencies, Bitcoin Cash fares well.
4. Global availability of the cryptocurrency
Bitcoin Cash is a decentralized currency, which means it is available worldwide and can be used by anyone with internet access. As a result, people from all parts of the world can play at a casino with Bitcoin Cash. This may not be readily possible at an online casino that only accepts fiat currencies.
5. Promotions and bonuses tailored to Bitcoin Cash
Even if a Bitcoin Cash casino should offer other payment methods, the focus is clearly on Bitcoin Cash. Therefore, it is not uncommon for promotions and bonuses tailored to the coin to be offered. These may include cashback, free spins, or additional credits on deposits. These bonuses are typically available only when players fund their accounts with Bitcoin Cash.
No type of online casino is perfect, and Bitcoin Cash casinos are no exception. Not to mention that there are still relatively few casinos specialized in the coin: Bitcoin casinos or Ethereum casinos are much more common. Therefore, you will first need to find a Bitcoin Cash casino. It's best to take a look at our list.
1. Players require technical knowledge
In general, anyone can play in a crypto casino. After all, cryptocurrencies are not nearly as complicated as they are often claimed to be. However, you do need basic technical knowledge. You need to understand how blockchain technology and cryptocurrencies work. Otherwise, you may end up losing a lot of money due to faulty transactions, for example.
2. Volatility may require adjustment of gameplay
As a cryptocurrency, Bitcoin Cash is more volatile than fiat currencies. Since prices can fluctuate significantly within a short period, you should always monitor the value and potentially adjust your gameplay. This can counteract the enjoyment of playing.
Criteria for Choosing a Bitcoin Cash Casino
Bitcoin Cash is undoubtedly one of the most popular cryptocurrencies, consistently ranking in the top 20 by market capitalization for years. As a result, it's no surprise that many crypto casinos offer it as a payment method. While this provides a wide selection, it can also make finding the right Bitcoin Cash casino more challenging. To help make your decision easier, let's explore some of the most crucial criteria for selection. Ultimately, you'll need to decide where your priorities lie.
Game Selection + Software Developers
Most crypto casinos offer a wide array of games, but that doesn't necessarily mean all your favorite games are included. When searching for the right Bitcoin Cash casino, consider the game selection carefully. Even if you don't have specific favorites, it's advisable not to settle for just any casino. At the very least, check if the casino offers games from reputable software developers. Some best include Amusnet, Betsoft, Microgaming, Playtech, and Push Gaming.
These days, we don't have to make decisions in isolation; we can easily look at the experiences of others. The internet is filled with numerous reviews of various online casinos, and Bitcoin Cash casinos are no exception. You can check how a particular provider has been perceived by other players. However, it's crucial not to blindly trust every review, whether from customers or reviews on our website. Ensure the information is reliable.
Deposit and Withdrawal Methods
Even if you plan to use Bitcoin Cash for payments, you probably don't want to play at a crypto casino that offers only a single method for deposits and withdrawals. It's understandable; therefore, payment methods should also be a criterion for selection.
A crypto casino should offer at least three or four different cryptocurrencies as payment options. Ideally, fiat deposits and withdrawals should also be available. However, you should be aware that, especially for withdrawals, using cryptocurrencies is generally the better choice due to faster processing times.
License and Security
While it may seem obvious, it's worth reiterating that security should always be a top priority when playing. Responsible gaming is essential, and it's better to stick exclusively to Bitcoin Cash casinos with valid licenses. A license indicates that the casino complies with certain regulations and undergoes monitoring. The most common license for crypto casinos is issued by Curaçao eGaming.
Although few online casinos get this wrong, websites with complicated navigation and unclear menus still exist. Therefore, always choose a crypto casino with good usability. A user-friendly website with an intuitive interface significantly contributes to a positive user experience.
Tax Regulations for Playing in a Bitcoin Cash Casino
As a player from the DACH region (Germany, Austria, Switzerland), you're in a favorable position because your winnings from a Bitcoin Cash casino are generally not considered taxable income. However, in practice, individual cases can vary, and regulations may differ from canton to canton in Switzerland. Therefore, it's advisable to consult with a tax advisor, especially for significant sums.
Tips for Playing in a Bitcoin Cash Casino
Of course, you want to have the best possible experience at a crypto casino using Bitcoin Cash. To ensure that, we've compiled some tips for you. As always, your behavior is one of the crucial factors for long-term enjoyment at an online casino.
Play Only at Reputable Providers
There are many crypto casinos enticing with great bonus offers and huge jackpots. However, both are of little value if the provider turns out to be untrustworthy. Hence, play exclusively at reputable online casinos. Established and well-reputed gambling providers usually offer a safe and secure environment. Our reviews can help you in this regard.
Securely Store Your Bitcoin Cash
When playing with Bitcoin Cash at an online casino, it's essential to keep your coins secure. This includes not connecting your wallets to a dApp's QR code without prior consideration. Fake QR codes are unfortunately not uncommon and can result in theft. Additionally, it's better to avoid using an exchange wallet; instead, opt for a hardware or software wallet, ensuring you have control over your private keys.
Utilize Bonus Offers
Not all bonuses in online casinos are worthwhile, but some can be highly beneficial. Always take a look at the bonus offerings to get an overview of the crypto casino's promotions. If there's a good bonus available, check the terms and conditions and take advantage of it. This way, you can benefit from cashbacks, deposit bonuses, or free spins.
Avoid Sharing Sensitive Data in Public Chats
Many online casinos now have public chats where you can interact with other players. While this might be tempting, not all crypto enthusiasts in these chats are friendly. Some may be scammers, so never disclose sensitive information like your seed phrase in public chats.
What Lies Ahead for Bitcoin Cash?
Bitcoin Cash offers cheaper and faster transactions compared to Bitcoin. Nevertheless, the coin has not been able to match the popularity of the original cryptocurrency. It's likely to remain that way in the future. However, this doesn't diminish Bitcoin Cash's potential. It still represents a digital currency with a high market capitalization, which could experience significant price increases in the next bull run. This, in turn, could lead to more crypto casinos implementing Bitcoin Cash as a payment method.
Are Bitcoin Cash casinos safe?
Whether a Bitcoin Cash casino is safe depends on various factors. One factor is compliance with regulatory standards. It is still mistakenly assumed that crypto casinos do not have the same regulatory standards as traditional online casinos. While this may be true for some individual casinos, there are many that hold licenses in Curaçao or other countries. Practically, all of these online casinos employ security measures such as SSL encryption to protect their players' data.
However, it also depends on how you behave as a player. For example, in a crypto casino, you need to be careful to enter the correct address for deposits and withdrawals. Otherwise, your money will be lost, as Bitcoin Cash transactions are irreversible.
Is there a bonus when depositing with Bitcoin Cash?
Since Bitcoin Cash has now established itself as a popular payment method in online casinos, many providers offer new players extensive welcome bonuses. One of the most popular bonus offers is a percentage deposit bonus, which greatly increases the starting capital of new players. Commonly, you will get a 100% boost for the first deposit, which means you will get double the starting balance. For example, if you deposit 5 Bitcoin Cash, you will have a total of 10 Bitcoin Cash as starting capital.
Conclusion: Numerous advantages of both the use of Bitcoin Cash
Compared to conventional casinos, Bitcoin Cash performs very well as a deposit method, as it offers a high degree of anonymity as well as a high speed for transactions. The numerous bonus offers also make the cryptocurrency attractive.
FAQ: The most frequently asked questions about Bitcoin Cash casinos
Casinos with Bitcoin Cash come with several advantages, including more anonymity, low fees, and high speed for deposits and withdrawals.
Not every crypto casino offers the same security standards. You should therefore inform yourself about the respective provider in advance. There are many secure online casinos with Bitcoin Cash.
The most significant difference between Bitcoin Cash and Bitcoin is the block size. Bitcoin's block size is just 1 MB, while Bitcoin Cash's is a full 32 MB. This in turn translates into low fees and fast transactions.
Most online casinos with Bitcoin Cash offer a wide range of games. Slots, table games and live games are always included. Some casinos also offer sports betting.