Bitcoin Cash Deposits and Withdrawals
Let’s discuss how you can make deposits and withdrawals via this method.
How to Deposit?
- All you need to do is to download a Bitcoin Cash wallet of your choice as it offers different kinds of wallets. You may download a mobile wallet for your Android or iOS device. Desktop Wallet is perfect for your business dealings, or if you want to keep your it safe and secure for a longer duration, then Hardware Wallet is the best. Paper Wallet is ideal for offline storage which you may keep for a longer duration, or if you want to gift it to your loved ones, then this wallet is most suitable.
- On selecting the wallet, you need to download it as these wallets help you make the fastest transactions.
- Sign up for bitcoins exchanges and convert your real money into bitcoins by depositing it your wallet. ATMs can also be used, and these machines are located in many cities across the globe. Also, you can look for people who do business in bitcoins and can sell you some.
Bitcoin Cash Withdrawals
Likewise, if you want to withdraw money, sell your bitcoins to your peers, but you may lose your anonymity when making a direct bank transfer. If you want to stay anonymous, there may be a fee charged when transferring money to another payment method like PayPal. You may also get your money withdrawn through bitcoins debit card which you can get from ATM-card providers.
Bitcoin Cash: Is It Really Beneficial?
The main benefits of Bitcoin Cash casinos include:
- You will remain anonymous while making transactions.
- No frauds and hackings into your personal bank account if you make deposits and withdrawals at online casinos via this payment method.
- It is safe as it keeps your identity hidden. So, there is no personal identity threat.
- The BCH may profit you as the value of it may get increased thus giving you a bigger withdrawal amount than the one you deposited.
- Instant transactions, so there is no processing time unlike in many other online payment methods.
Despite being a popular online casino payment method, yet, it is not 100% foolproof. Here are some defects of it:
- BCH is constantly working on making it more secure and reliable, but it is still liable to get hacked. So, there is no guarantee that your account will remain safe from hackers.
- The price may fall down, and you will get into a loss. So, all you need to do is to wait for a good time before making withdrawals or exchanging it for money.
- Many online casino players are still unaware of this method, so they need to be educated.
Thus, it is an extremely valuable service for gamblers. If you happen to have a good amount of bitcoins, it’s a chance to make a fortune out of those. Sign up today with BCH and start spinning and increasing your savings.
Bitcoin Cash FAQ
- Do all online gambling platform accept Bitcoin Cash?
The usual money casinos do not accept this payment method, but all the online hybrid casinos, as well as cryptocurrency ones, accept it.
- How safe is Bitcoin Cash when used at online casinos?
It provides a highly secure transfer of your cryptocurrency. Your identity remains totally anonymous. So, it makes it a most trustworthy payment method which can be used at online casinos where the chances of frauds and information leakage are high.
- Are there any limits on deposits in BCH?
The deposit amount via this payment ranges from $20 to $25,000 as minimum and maximum respectively, while the withdrawal limits are $20 and $10,000.
- Does Bitcoin Cash charge any fees?
No, there are no deposit and withdrawal fees charged. On the other hand, if the transaction is carried out through third-party services, they may charge some fees.
- Can it be used at the mobile casinos?
This payment method is available all across the globe, and it is well-suited for deposits to mobile casinos. You need to see is the casino accepts this cryptocurrency.
- What is the best way to find online Bitcoin Cash casinos?
There are numerous such casinos, and the best ones which approve of this cryptocurrency are:
- Crypto Games
- mBit Casino.
These and several others may reward you with bonus prizes for the signup. So, check out the best offers and start playing for huge prizes now.