Bitcoin Cash Casinos – The Step-By-Step BCH Guide

Ever tried your hand at bitcoin cash betting before? Curious, but just don’t know where (or how) to get started? You’re in luck! Here at Punt, we love any excuse to put a good ol’ crypto gambling guide together. Plus, the more tools we can give you to get started on your bitcoin cash casino journey, the better.

Bitcoin Cash casinos are on the rise

Bitcoin cash casinos have a TON of pros, and, once you know what they are, it’s pretty clear why they’re in such demand.

Since the first crypto casino emerged in 2013, there’s been a steady stream of incredible crypto casinos that offer a plethora of perks that traditional online casinos just can’t match. And while we are not bashing online casinos as a whole, we need to give credit where credit is due. Let’s take a look at what the advantages of bitcoin cash casinos entail.

7 reasons why players prefer Bitcoin and Bitcoin Cash casinos

• Withdrawals are processed much faster at bitcoin cash casinos than they are at casinos using fiat
• There are absolutely no banking fees. Bitcoin is decentralized, which means there are no banks involved whatsoever
• It’s a global currency – which means you can play from anywhere in the world
• It’s counterfeit proof
• Bitcoin cash makes use of secure cryptography to keep your digital assets safe
• It’s anonymous
• It prevents identity theft

Now that you’re familiar with the benefits of bitcoin cash betting (and there are tons more!), we’re sure you’re itching to know how to get started on your bitcoin cash casino journey.

In the next few paragraphs, we’ll give you a brief overview of the history of bitcoin cash, how to purchase bitcoin cash using a secure web wallet, and how to deposit bitcoin cash into your Punt Casino player account. Happy reading!

The History of Bitcoin Cash

The first decentralized digital currency (no banks involved) was bitcoin. Established in 2009, it has had a profound effect on the future of money, and has changed the way that we transact online – giving individuals more power, more anonymity, and has provided more transparency than government-produced money ever has.

The 2007 – 2009 global crisis saw a rise in the distrust of governments and banks, and subsequently an opportunity presented itself for a decentralized digital currency that removed any need for governmental or third party involvement. Upon bitcoin’s success, many altcoins followed over the years – with a whopping 19,000 other cryptocurrencies in circulation at the time of writing.

Where does Bitcoin Cash fit into all this?

We’re glad you asked! After the release of bitcoin in 2009, and many years of running smoothly, bitcoin hit a bit of a rough patch between 2016 and 2017, with its dominance in the market plummeting from 95% to 40%. However, the original vision of bitcoin still remained strong, and, in 2017, bitcoin cash was born. It accommodates a larger block size than bitcoin, which means that it allows more transactions in a single block, formulated as a solution for bitcoin’s scalability problem.

Where can I get Bitcoin Cash?

Everything is that much easier when you have Punt in your corner!

First, you’ll need to set up a web wallet

Getting bitcoin cash is easy – and you can purchase it from your preferred crypto exchange. We’ve done all of the research – and have a digital wallet recommendation – Coinbase. However, it’s totally up to you which crypto wallet you go with.

Buying and storing your Bitcoin Cash – How to create a crypto wallet

Coinbase is a trusted crypto wallet that is highly recommended by many in the cryptosphere. It’s a digital wallet that you will need to use to store your bitcoin cash, and to make deposits into your Punt Casino account.

Our crypto wallet recommendation – Coinbase

If you’ve never used a virtual wallet before, don’t stress. It’s really super easy, and it can be set up in mere minutes! Simply download the Coinbase app to your mobile phone, add your details, link your bank account (this is optional), and you’re good to go!

For alternative crypto wallet recommendations, click here.

How to buy Bitcoin Cash

Purchasing your bitcoin cash has never been easier! Here’s how to do it using Coinbase:

• Sign up with Coinbase
• Once your account has been verified, you’ll be able link your chosen payment method to your Coinbase account. Remember – to buy, sell, deposit and withdraw, you are required to link your bank account.
• Now that you’ve added your payment method, you can purchase bitcoin cash! Simply click on the Buy option, and then enter the amount of USD worth of bitcoin cash you’d like to buy
• Click Buy Now to confirm your transaction details and to finalize the purchase
• For a comprehensive, step by step guide, click here.

Why Should I Gamble with Bitcoin Cash?

Honestly, why wouldn’t you? There are so many reasons to do it! Let’s take a look at the benefits of bitcoin gambling:

BCH casino transactions are fast

If you’ve gambled with crypto before, you’ll know just how fast deposits and withdrawals are. Deposits reflect instantly, and you’ll be able to cash out your wins in minutes. This is a massive improvement from the 1-3 business days that many fiat currencies pay out.

Bitcoin Cash gambling is cheaper

Another perk of playing at bitcoin casinos is the low fees! You pay zero bank fees (which add up), and you’ll never have to worry about Punt adding any extra fees to your transactions.

Bitcoin Cash casino betting is safe

All of your transactions are protected by cryptographic methods to keep data secure, and to ensure the safe transmission of your information. Plus, Punt Casino is fully encrypted with a 256-bit SSL Security certificate, which is an added layer of protection to ensure your peace of mind.

What are the best Bitcoin games?

Dragon Gaming, Fugaso, KA Gaming, Reevo, and Spribe – these are just some of the excellent software providers that power your favorite bitcoin cash games – with more coming your way very soon. The best bitcoin cash casinos such as Punt never compromise on game quality, and work tirelessly to bring you the most exhilarating titles that span categories such as slots, progressives, tables, and more!

Transacting at a Bitcoin Cash casino

Playing with bitcoin cash is über convenient, packed with perks, and super seamless! It’s low cost, and offers faster transactions – what’s not to love?! Plus, depositing bitcoin cash is incredibly easy – and we’ve included a basic breakdown below:

How can I deposit Bitcoin Cash?

Now that your Coinbase account is up and running, you’re all set to start depositing. Whoop! Here’s how:

In the casino:

• Log in and navigate to the casino’s Cashier
• Select Bitcoin Cash as your deposit option
• Click Deposit
• A QR code and crypto address will appear.
• Scan the QR code, or copy the address link into your crypto wallet

On Coinbase:

• Log in to your Coinbase account
• Click Portfolio, select Bitcoin Cash, and click Send
• A pop up will appear. Paste the crypto address from Punt into the pop up
• Enter the amount you’d like to deposit
• Click Continue
• A seven-digit confirmation code will be sent to you via SMS. Enter this code and click Confirm
• Once your deposit has been approved, you’ll be able to claim your welcome bonus, and can get started exploring the thousands of games at your disposal
• Want a bitcoin bonus? You’ve got it!

As soon as you sign up at Punt Casino, you automatically become eligible to receive a jaw-dropping bitcoin bonus. Over your first three deposits, you’ll unlock a three-tiered welcome package: up to 6 BTC and a $25 Free Chip on our best slots.

Here’s how your Punt Casino Welcome Package works:

• Make a first deposit of at least $10 and get a 125% bonus up to 3 BTC and a $25 Free Chip – use the bonus code POWERUPNEW to claim the bonus, and the bonus code UNLOCK25 to claim the Free Chip.
• Make a second deposit of $20 and get 75% up to 1 BTC – use the bonus code POWERUP2 in the Cashier to claim.
• Make a third deposit of $20 and get 75% up to 2 BTC – use the bonus code POWERUP3 in the Cashier to claim.

Happy Punting!

Rebecca Chalmers