Bitcoin cash betting sites

Bitcoin Cash betting is a payment system which already used by many sportsbook companies. The cryptocurrency of the same name with the informal designation BCH, which appeared on August 1, 2017, as a fork of Bitcoin. Like its “big brother,” the cryptocurrency Bitcoin Cash is both a payment system and a means of payment. The BCH coin is actively traded on cryptocurrency exchanges and become a leading cryptocurrency payment method for online betting sites Unlike the network of the first cryptocurrency, the block size of Bitcoin Cash is 32 MB. This partially solves the scalability problem, making the cryptocurrency a worthy alternative to Bitcoin.

Bitcoin Cash sports betting sites support the use of this cryptocurrency by allowing players to deposit BCH, convert them to regular currency, make bets, and then withdraw their funds in the form of Bitcoin Cash wallet.

The best bitcoin cash betting sites

How the ranking was made – the rating of bookmakers that accept bets in bitcoin cash was compiled on the basis of a number of criteria. Full information is in our special material. Briefly, there are several main indicators:

• sanctions against players;
• rate calculation;
• verification procedure;
• deposits and payments.

This includes the following sub-items: payout periods, limits, maximum reduction, balance forfeiture, bonuses, increased time for accepting live bets, margin rate, account balance lock, winnings forfeiture, sources of replenishment and so on.

Advantages of Bitcoin cash betting

There are several benefits that come with playing Bitcoin Cash online. These advantages make playing with BCH more preferable than traditional payment methods.

• Low commissions / No commissions: are you tired of the additional expenses that arise from using traditional payment methods? Then it would be helpful if you switch to alternative banking methods right away. Usually, most BCH betting sites will not charge you an extra fee for transacting with this payment method. Even if a fee is linked to Bitcoin Cash in a betting platform it would be lower than traditional fees.
• Instant deposits with Bitcoin Cash betting: Another advantage that is obtained from gambling with this type of payment method is the speed of its transactions. In a couple of minutes, your Bitcoin Cash deposit will appear in your sports betting account.
• Fast BCH Transactions: Just like deposits, withdrawals with Bitcoin Cash are fast and easy too. After the bookie processes your withdrawal request, it won’t take long for your winnings to be deposited into your BCH wallet.
• Greater anonymity and security: Taxes / No fees Bitcoin Cash is the most successful branch of Bitcoin, so it can be expected to have the high level of anonymity and security known with Bitcoin. Your BCH transactions are directly between you and your betting site, but most importantly your name doesn’t even appear on your transactions. Keep your wallet passwords and keys safe, and you won’t have to worry about any security breaches.

Disadvantages of Bitcoin cash betting

Some knowledges: If the bettor does not have digital assets, it will require some knowledge how to buy them and where;

Controversial situations: In the event of a dispute, it is impossible to prove your case without prior identification;

Selection limits: not all crypto bookmakers use Bitcoin cash, it is necessary to clarify this point before starting to play.

Bonuses and promotions of sports betting with Bitcoin cash

Playing with Bitcoin Cash may qualify you for some specific bonuses and promotions which supporting the betting site. All you have to do is deposit using BCH, and you can claim these bonuses.

Type of bonuses with Bitcoin cash

• Cashback;
• Freebet;
• Insurance bet;
• Welcome, on the first deposit;
• On deposit, for previously registered users;
• Daily promotions;
• Draws and contests.

How to make a deposit in Bitcoin Cash cryptocurrency

First, you need to choose a bookmaker that accepts Bitcoins Cash. Then follow the following steps:

• Make a registration with the company.
• Authorise your account.
• Next, select the section where you can make a deposit.
• Click on the payment method “Bitcoin Cash”.
• Enter the amount of the deposit.
• Confirm the operation.

Before these steps, you need to refill your Bitcoin cash wallet. This is the main step to being able to bet on sports in crypto.

Alternative cryptocurrencies for sports betting

Bitcoin (BTC)

Ethereum (ETH)

Litecoin (LTC)

Tether (USDT)

Dash

Solana (SOL)

Stellar (XLM)

Monero (XMR)

FAQ of Bitcoin Cash betting