I can tell you that the prevalence of Bitcoin Cash use in online gambling is dependent on several factors, including the popularity of the cryptocurrency itself, the policies of various online casinos, and the preferences of individual gamblers.
As of now, Bitcoin (BTC) is still the most popular cryptocurrency, and it’s more commonly used than Bitcoin Cash (BCH) in online gambling. However, Bitcoin Cash does have certain advantages that could make it appealing for this use. For instance, BCH was developed to allow for a larger block size than Bitcoin, which makes transactions faster and cheaper. This could be a significant advantage in the online gambling industry, where quick, cost-effective transactions are key.
The use of Bitcoin Cash in online gambling is also likely to increase as more online casinos begin to accept it. As mentioned earlier, there are already numerous online casinos that accept Bitcoin Cash, and it’s likely that more will follow suit in the future.
What Is the Difference Between Bitcoin (BTC) and Bitcoin Cash (BCH)
Bitcoin (BTC) was created in January 2009 while Bitcoin Cash (BCH) was launched in August 2017 as an altcoin variant of BTC. The creation of BCH was necessitated by the hard fork in BTC blockchain technology which happened in August 2017.
BCH was therefore developed with a much bigger block size (about eight times) in comparison to that of BTC. A single BCH block enables a greater number of transactions to occur compared to a BTC block. The larger block size of BCH makes it much more scalable, cheaper, and faster compared to BTC.
At this present point in time, the mining of a new single BTC block takes a total of about 600 seconds or 10 minutes to accomplish. On average, a single BTC block can achieve a total of about 4.6 transactions every second while the transaction speed for an average Bitcoin Cash block is about 116 transactions every second.
Bitcoin is currently worth USD 40,474.2 while BCH is worth USD 346.42 (as of the time of writing). This puts BTC on top in terms of market value, but BCH ranks higher in terms of scalability, cost, and transaction speed.
Top Bitcoin Cash (BCH) Casino Reviews 2023
Thunderpick is a unique player in the online crypto casino space, providing a platform that merges eSports betting with traditional casino games. Established in 2017, Thunderpick has carved out a niche as a preferred destination for gamers, offering an array of options for crypto enthusiasts. Its mission is to foster a community-centered experience, built by gamers, for gamers, with a robust portfolio of over 2,000 casino games and a wide array of eSports events.
Bonuses and Promotions
One of the enticing aspects of Thunderpick is the generous welcome bonus. New players have the opportunity to double their first deposit with a 100% bonus, up to a maximum of €550. This offer not only gives newcomers a substantial boost to their starting capital but also enhances their gaming experience on the platform.
Game Selection / Variety
Thunderpick’s gaming portfolio is quite expansive, catering to a wide spectrum of player preferences. eSports enthusiasts can place bets on major leagues and tournaments like the Intel Extreme Masters or the Valhalla Cup, spanning popular games like DOTA2, CS: GO, League of Legends, and many more. The live streaming feature allows players to watch and bet on games in real-time, further heightening the thrill of eSports betting.
Aside from eSports, Thunderpick hosts an impressive selection of over 2,900 traditional casino games. These include Thunderpick’s original titles like Thunder Crash and Thunder Spin, classic games like Roulette and Blackjack, over 2,000 slot games, and even lottery games. Furthermore, for players seeking a more immersive experience, there are Live Dealer tables, offering an authentic casino vibe from the comfort of home.
Deposits and Withdrawals
Being a crypto-based casino, Thunderpick only accepts cryptocurrency for deposits and withdrawals. The platform supports a range of cryptos, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Ripple, Litecoin, Tron, and Tether. Notably, Thunderpick does not charge any deposit or withdrawal fees. Deposits can be made easily via the user’s account page, and the withdrawal process is relatively swift, typically taking between 5 to 30 minutes, although it can take up to 24 hours in some instances.
Thunderpick takes security and data protection seriously. It adheres to the General Data Protection Regulations, securing users’ information such as email and IP addresses, browser versions, and usage data. It also offers 2-factor authentication, enhancing the overall security of user accounts and providing peace of mind for its users.
Thunderpick offers an exciting mix of eSports betting and traditional casino games, all within a secure, user-friendly platform. With its enticing bonus, extensive game selection, and straightforward crypto transactions, it stands as an appealing option for gamers and crypto enthusiasts alike. Thunderpick is owned by Paloma Media B.V, powered by Betgenius, and holds a gambling license from Curacao, further lending to its credibility.
Embrace the future of online casinos with Rocketpot.io, a cutting-edge platform that has been redefining the cryptocurrency casino landscape since 2019. As an innovative Bitcoin Cash casino, Rocketpot.io is rapidly carving out a reputation for itself for its exceptional user experience, a broad range of games, and generous bonuses.
Bonuses and Promotions
Rocketpot.io is a Bitcoin Cash casino that understands the thrill of bonuses. To welcome you, the casino offers a generous 100% deposit match bonus of up to 1BTC. Even though there are no reload bonuses or free spins, the value of 1BTC makes this offer quite substantial.
On those days when Lady Luck takes a break, you can count on Rocketpot.io’s 10% Daily Cashback. This straightforward offer ensures that you receive 10% of your losses back into your account the following day.
The Rewards Program is the cherry on top. As you play, you earn Experience Points (XP), and for every level you advance, you are awarded a guaranteed mBTC reward from a chest. The top prize? A brand-new Lamborghini at level 1000.
Game Selection / Variety
One of the standout features of Rocketpot.io is its impressive selection of over 4000 games from 50 top game developers. Whether you’re a slot enthusiast, a table game aficionado, or a sports betting fan, Rocketpot.io has something for everyone. With Bitcoin Cash, you can enjoy the full range of offerings from this casino, all from a single-player account.
Deposits and Withdrawals
Depositing and withdrawing at Rocketpot.io is a breeze. The casino supports Bitcoin Cash (BCH), along with several other cryptocurrencies, and transactions are both user-friendly and quick. You can even purchase crypto directly through their site if you need to.
Just log in, select the ‘Deposit’ option, choose Bitcoin Cash (BCH), and transfer the desired amount from your wallet to your Rocketpot.io account. For withdrawals, simply enter your Bitcoin Cash wallet address, and hit the ‘Withdraw’ button. It’s that simple.
Should you need any assistance, Rocketpot.io’s customer support is readily available 24/7 via Live Chat or email. Their responsive and friendly support agents can help with everything from depositing and withdrawing to claiming bonuses and more.
Rocketpot.io is a top-tier Bitcoin Cash casino that is worth a try. Its well-crafted site design, substantial game variety, and strong bonus offerings create a compelling package for any online casino player. With a focus on simplicity and user-friendliness, Rocketpot.io proves that a modern online casino experience doesn’t have to be complicated to be enjoyable.
All Bitcoin Cash Casino Sites (BCH)
How Does Bitcoin Cash Function
Bitcoin Cash was created as a transactional digital currency designed to deal with the presumed scalability issues faced by Bitcoin. BCH functions effectively as a spendable cryptocurrency instead of a digital currency that is held in storage because of its current and expected rise in future value. BCH is in effect an electronic cash payment mechanism.
Is Bitcoin Cash a Wise Investment
Bitcoin Cash is a wise investment only if you are financially stable, it meets your preconceived investment goals, and you have a high tolerance level for high-risk investments. You should know that digital currencies like BCH are a very volatile form of asset which makes investing in them a highly risky venture compared to other forms of investment.
Bitcoin Cash Price Predictions by Experts
According to ‘Price Prediction’, BCH will rise from a current average price of USD$389 (in 2022) to about USD$1,802 by 2026. They also predict a steady rise in the value of BCH from 2026 culminating in a predicted value of about USD$8,346 in 2030.
In a forecasted BCH price analysis on Cryptonewsz.com, BCH is predicted to rise to about USD$1,499 in the last quarter of 2022. They also predict a steady rise in the price of BCH over the coming years leading to an expected value of about USD 3006.160 by 2026.
Where Would One Buy Bitcoin Cash (BCH)
If you want to buy BCH, you can readily do so at the most reputable digital currency exchanges. At cryptocurrency exchanges, you can also trade other digital assets like Ethereum or Bitcoin for Bitcoin Cash. Purchasing BCH on cryptocurrency exchanges can be done using acceptable fiat like USD, EURO, CAD, AUD, GBP, and so on.
How to Purchase Bitcoin Cash on a Digital Asset Exchange
Step #1: Research to find a crypto exchange that meets your investment and trading needs.
Step #2: Compare and contrast crypto exchanges before you decide on which exchange to sign up with.
Step #3: Create a personal trading account on your preferred digital asset exchange.
Step #4: Adhere fully to the KYC protocol of the exchange including verifying your identity.
Step #5: Deposit fiat or cryptocurrency into your account/wallet on the exchange.
Step #6: Purchase BCH with your deposited funds.
How Do I Use Bitcoin Cash (BCH)
Bitcoin Cash can be used to pay for goods and services purchased on a variety of eCommerce sites. You can use BCH to make flight and hotel bookings on sites like Travala.com or CheapAir.com. BCH can be used to order fast food at Starbucks and other similar eateries online. Even in the world of sports, the online stores of some franchises like the Dallas Mavericks now accept payment in BCH and other cryptocurrencies.
Is There a Limit on Bitcoin Cash
The Bitcoin Cash in circulation has been capped at the same limit as Bitcoin which is 21 million in supply.
What Can I Use Bitcoin Cash For
BCH is a more spendable cryptocurrency. Therefore, BCH can be used as payment in the purchase of Gift Cards in all major categories including household amenities, clothing/accessories, entertainment, food, and virtually any type of merchandise you may wish to buy.
What Is Wrong With Bitcoin Cash
While the BCH blockchain can cater to a more significant number of transactions in a second compared to the BTC blockchain, the biggest drawback to BCH lies in its security which has a higher risk of being compromised than the Bitcoin blockchain.