There are a growing number of online casinos that offer you the option to pay and cash out in bitcoin cash. The digital currency is rapidly gaining popularity, with more and more online gambling sites allowing customers to transact with bitcoin cash. Read on to learn all about BCH and gambling.
What is the difference between online gambling with Bitcoin Cash & normal casino?
A bitcoin cash casino is similar to other online casinos. You only play with bitcoin cash, with which you can deposit and collect winnings. Since it is anonymous, anyone can enjoy the thrills and spills of playing in an internet casino.
How can you gamble with Bitcoin Cash?
Bitcoin Cash casinos work the same way as traditional online casinos, except that instead of paying and cashing in in euros or dollars, you pay and cash in bitcoin cash. So the only difference between other online casinos is the currency you play with.
If you are new to bitcoin cash, but not that familiar with it yet, I recommend that you follow the steps below:
- Find a casino that has bitcoin cash as payment method. Also check out what the welcome bonus is and whether it appeals to you.
- Sign up at the casino of your choice.
- Deposit a certain amount of bitcoin cash in your profile as you wish.
- Take advantage of the available bonuses so you can play even longer.
- Choose a game you like to play.
Make sure to read the terms and policies thoroughly before joining any Bitcoin Cash casino. The terms and conditions of a regular online casino may differ slightly from this.
Read the bonus conditions before you start gambling with Bitcoin Cash
You don't want to encounter unexpected events when you play at an online casino. You should also study the bonus conditions carefully in advance.
Why Is Online Gambling With Bitcoin Cash Better Than A Normal Casino?
Online gambling with Bitcoin Cash is a relatively new phenomenon, but Crypto Casinos are quickly becoming popular in the online gambling world worldwide. But how come? And why are so many players switching to online Bitcoin Cash casinos?
We explain it to you with 5 tips and examples, we have been convinced ourselves for a while and mainly still play at Casinos that are active in the cryptocurrency market.
Top 5 reasons to gamble with Bitcoin Cash in 2022
There are many reasons to choose a Bitcoin Cash online casino instead of a traditional online casino with normal payment methods; the main reasons are listed below:
- Online Bitcoin Cash casinos are very fast in terms of their withdrawals and deposits.
- You pay anonymously with only one email address associated with your Bitcoin Cash account.
- The security of your credit cards and other banking information against any form of fraud.
- There are no payment or administration costs with a Bitcoin Cash transaction. There are no additional costs when sending, receiving and paying.
- You get full control of your money using Bitcoin Cash encrypted currency
Does the payout after Bitcoin Cash gambling also take that long at Crypto Casinos?
It is not uncommon for a payout at an online casino to take days, weeks, or even months. It is not always the case that the casino defaults; it is because your bank refuses to process internet gambling transactions.
The company making the payment has a significant chance of default. An example is credit card fraud, for which they often have to take strict measures to pay on time.
Gambling with Bitcoin Cash and fast payments
After a very short time, Bitcoin Cash transactions cannot be reversed. As a result, Bitcoin Cash casinos can cash out a credit immediately upon payment and let your winnings begin when you make the withdrawal.
The difference is like night and day when a big win shows up after a good game of Blackjack and you wonder what happened to the money! Those days are long gone; you can now send and receive money in no time at all.
Am I anonymous if I gamble with Bitcoin Cash?
If you play at a casino that accepts Bitcoin Cash, you can remain completely anonymous. Unlike when you play online, you must provide your name, address, credit card information and other personal information; in some cases even your identification number is required (!)
In some Bitcoin Cash casinos, you don't even need an email address. So do good research into all the possibilities and only choose a place where you want to gamble with Bitcoin Cash if you are convinced of the safety, fairness of the casino and the available games.
How can I be sure that I can gamble fairly with Bitcoin Cash at a casino?
This is a very good question, of course you don't want to get scammed and lose your valuable Bitcoin Cash, or win a big prize, only to never get paid out.
We know the nightmares of shady casinos, luckily a lot has changed due to Blockchain technology and all the major crypto casinos where you can gamble with Bitcoin Cash have implemented cryptographic innovation to rule out fraud. Read on to find out how it works, because it is beneficial for the casino as well as for the player.
How does the fair betting system work with BCH?
The system uses cryptographic hashes with which the software with casino games Digital is “cut” before you start the game.
- This ensures that the casino software and the players do not know how the cards are placed in the game.
- That way you can easily prevent fraud, and both parties have seen transparently that everything is in order. Get started, and gamble with that Bitcoin Cash.
Is my data safe when I gamble with Bitcoin Cash?
The providers where you started gambling with Bitcoin Cash promise not to store any trusted data from credit card and other personal information and promise to be honest in the games they offer meaning they don't need expensive third party certificates to buy a crypto. casino launch.
That does not alter the fact that casinos where you gamble with Bitcoin Cash must comply with a number of licenses. Often there are a number of rules and laws laid down by the country where the license is issued.
What are the advantages of gambling with Bitcoin Cash?
For starters, you are not dependent on third parties. You manage your Bitcoin Cash entirely yourself. This means that after depositing Bitcoin Cash you can immediately use your credit at a casino.
Moreover, it is not only the case that you can add money quickly, but also that payouts are fast. Since you can transfer the Bitcoin Cash to an e-wallet in-house, it is technically possible to receive your payout within just a few minutes.
Please note that the speed of a casino is decisive here. However, you do not have to wait 3 to 5 working days. This makes gambling at a Bitcoin Cash casino attractive in this area.
Is gambling with Bitcoin Cash safe?
Hell yes. Unlike a regular bank, the security of Bitcoin Cash is much better. If hackers at a regular bank want to steal your money, they usually only have to hack one central system.
- This way they can get your data and in the worst case even get your money. Bitcoin Cash are more secure, because hackers would have to get through multiple systems to do that.
Moreover, they cannot just access your data, because every Bitcoin Cash user is hidden behind multiple encryptions. In short, the answer to the question is yes, nowadays you can easily gamble online with Bitcoin Cash in a safe and responsible way.
Does Using Bitcoin Cash While Gambling Make Sense?
You can gamble with both Bitcoin Cash and other currencies at many casinos, yet most players do not see the point in gambling with cryptocurrencies. Yet nothing could be further from the truth.
Despite the fact that you can also gamble with ordinary euros, Bitcoin Cash is a currency that is still on the rise. The price of Bitcoin Cash has proven to fluctuate considerably in recent years. On average, this is positive, as the value of Bitcoin Cash has already increased by 5000% since launch.
Are most casinos where you can gamble with Bitcoin Cash registered?
Not all online Bitcoin Cash casinos are regulated; but some well-known online casinos are regulated and have the necessary licenses to offer online casino games. Like other industries, Bitcoin Cash casinos are also required to be licensed in the country where they are registered; but there are many bitcoin cash casinos that are not licensed.
How can you sell BCH after a night of gambling with Bitcoin Cash?
It's nice to have a well-filled digital wallet. However, do you want something different than Bitcoin Cash? Then it is time to sell them, for example for euros or other cryptocurrencies.
- As with buying, there are several ways to do this. For example, sell your Bitcoin Cash on an exchange with a minimum price that you determine. To do this you need a trading wallet.
- A nice fact, which you can still benefit from. After all, by winning Bitcoin Cash at a casino, your Bitcoin Cash balance also grows.
- Is Bitcoin Cash Value Rising? Then your credit is worth more converted into euros, which can be interesting if you have the credit converted again over time.
How Do You Pay The Crypto Casino When You Start Gambling Bitcoin Cash?
Taking a gamble in the online casino is a fun experience. Moreover, you can easily pay with Bitcoin Cash.
Wallet or digital wallet
All you need is a digital wallet with one or more Bitcoin Cash (part of Bitcoin Cash is of course also possible). You then transfer your digital coin(s) to the address of the online casino.
QR code scan
The wallet address of an online casino usually consists of letters and numbers. Sometimes it is possible to scan a QR code, which makes making payments even easier. Your Bitcoin Cash will then be deposited to the address and you can place a bet.
Do I need a credit card or bank account to gamble with Bitcoin Cash?
It is not necessary to have a credit card or bank account to gamble at a casino to gamble with Bitcoin Cash. By using Bitcoin Cash transactions, which are not only easy to send/receive, but are also often offered for free as a bonus, you pay the costs directly in the transaction.
Transaction costs of gambling with Bitcoin Cash are bizarrely low
Normally, credit card and bank account payment is subject to additional processing fees and charges, but Bitcoin Cash transactions are free of charge, with the exception of a 0.0001 Bitcoin Cash transaction, which is less than 2 $ cents at the moment, just as we pay in the store with cash in a store at no extra cost.
What does responsible gambling with Bitcoin Cash mean?
Responsible gambling with Bitcoin Cash is simply keeping control of your financial situation. You should not lose control of your gambling at any time; you should be able to calculate exactly how much money you can spend on gambling and how long you can play it for. Usually, gambling is considered a kind of entertainment, similar to other activities in our lives.
- So, a person who plays gambling games with Bitcoin Cash should be well-calculated and balanced in his or her entire life to ensure that his/her daily life and responsibilities are not disrupted or affected by the gambling.
- It is crucial to note that gambling is not the same as a job. This list of dos and don'ts is designed to help you practice responsible gambling. It is essential for gamblers to understand that gambling is a kind of expense rather than a kind of profit.
Is Bitcoin Cash Gambling Legal?
Yes, Bitcoin Cash gambling is legal in Europe where normal coin gambling using USD, Euro and other currencies is legal. Bitcoin Cash gambling is not yet subject to any form of separate legislation and thus is still unregulated.
Currently, Bitcoin Cash is considered a mode of payment in gambling. Perhaps in the near future there will be some legislation in countries that change their legislation to bitcoin cash online casinos.
We think it's fine that way, we haven't had any problems while gambling with BCH and the rules are great, you really notice a huge difference compared to normal casinos with all their fine print and rules.