Take a look at our list of top Bitcoin online casinos and gambling sites that accept BTC and other cryptocurrencies as a form of payment. Read our unbiased reviews and find the best Bitcoin casino for. Cash out whenever you want to and receive your winnings in an instant! Or, if you don’t want to cash out right away, you can leave your winnings in our secure online casino and come back to them when you’re ready. Top Online Bitcoin Casinos is a third party that ranks the online Casinos that allow players to bet using cryptocurrency and cash out in cryptocurrency or fiat (cash).We test the so called “Top Online Casinos” for transparency, odds to win, gameplay, player bonuses & withdrawal speeds. Here are four of the hundreds of online fiat casinos that have already added Bitcoin to their accepted payment methods, along with how players can do banking in bitcoins. Drake Casino. Depositing Bitcoin to Drake Casino is straightforward. Players will need to create their own Bitcoin wallet for the Drake Casino account.

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Bitcoin Cash (BCH) is one of over 1,500 cryptocurrencies currently on the market. However, Bitcoin Cash is unlike most other digital currencies — it is arguably the closest relative to the original cryptocurrency, Bitcoin. Its ability to handle pseudonymous, instant digital transactions with low fees has made it a top deposit method for a growing number of online cryptocurrency casinos.

On the technical side, Bitcoin Cash was created from a hard fork of Bitcoin – meaning that the technology behind Bitcoin Cash is essentially a copy of Bitcoin’s technology. There were, however, a few significant improvements made to the code which insure quicker transactions and lower tx fees compared to the original Bitcoin network.

Although BCH is not the only fork of BTC, it has certainly been the most successful thus far (if not the only successful fork of BTC). After a lengthy duration of debates, it was proposed by a group of discontent investors, traders, miners, developers, and other enthusiasts who sought to resolve the scalability issues that Bitcoin has been experiencing recently.

The Rise of BCH

As you probably already know, a blockchain is the digital ledger that records every transaction made on a cryptocurrency’s network. The scalability issue faced by BTC gave rise to the emergence of BCH… the king of cryptocurrency was (and is) not without its shortcomings after all. The BCH fork was successfully executed on August 1, 2017 which meant that if you held Bitcoin at that time, you would have received an equal amount of Bitcoin Cash.

Further, this new cryptocurrency has received its own fair share of criticisms. For one, many enthusiasts detested its pseudo-decentralization management right from its creation. This supposed setback made its entrance into the cryptocurrency market to be visited with kids’ glove. However, in November 2017, a lot of interest in the altcoin was aroused following a significant price surge which moved BCH to 2nd place on the list cryptocurrency market capitalizations, overtaking the now-second Ethereum. Since then, it has moved up and down on the list, but has consistently maintained its status as a top 10 cryptocurrency.

Despite the fact that it just emerged in the cryptocurrency market, it has managed to follow behind BTC while competing with LTC and ETH. Not bad for a ‘baby cryptocurrency’, and it definitely goes to show it has potential to lead the cryptocurrency gambling market anytime soon.

“Bitcoin-Only” Online Casinos

Online Bitcoin-only casinos are gradually becoming a prominent concept. It is estimated that there are more than 200 online casinos processing transactions with BTC in 2018. Recent statistics by The Bitcoin Strip even goes to show a progressive increase in the acceptance of cryptocurrency for gaming transactions.

It was shown that there has been a surge in online gaming from 60 bets per second with 1.53BTC/$390 in the Q1 of 2015 to an average of 100 bets per second wagered at 1.73BTC/$1700 in the Q1 of 2017 (considering the price of BTC in 2015 compared to 2017). With $1700 wagered on average, we can estimate that the crypto market generates about $13.5 million per year. Let’s also consider that the data was pulled from prominent—or at least recognized—online casinos with non-prominent sites being left out.

Given the prominence of BTC-only casinos, there are presently no BCH-only casinos. The reason is not farfetched, however, considering Bitcoin Cash just recently made its way into the cryptocurrency market and is still building momentum. Similarly, the advantages that BCH offers over BTC are evident enough for online casinos to start installing the BCH transaction option in addition to other cryptocurrencies (mostly BTC, ETH, and/or LTC) and/or fiat currencies.

As a result, Bitcoin Cash is anticipated to gain more ground in both the cryptocurrency and online gambling worlds. It should be noted as well that only a handful of traditional real money online casinos currently accepts BCH and no regulated casino — a casino that is controlled by a government agency charged with regulating casinos and other types of gaming in a geographical region — in the US accepts BCH just yet.

Safe 2018 Bitcoin Cash Online Casinos

The truth is that there are thousands of online casinos for those who want to indulge in gambling – but many gamblers prefer discretion because a number of these casinos do not have an established reputation. How then does one separate the wheat from the chaff? The answer is quite simple really: stick with casinos that have built a good reputation for themselves over time. Playing it safe is the rule of the game, as there have been cases of sites creating fake reviews to boost their credibility and casino sites that have existed for donkey years (or months) suddenly closing shop, leaving players stranded.

Volume of Bitcoin Cash Online Casinos

As expected, the Bitcoin Cash gambling market is still very young. This only makes sense because the coin itself is just a few months old…and considering its considerably wide acceptance, it has the highest rate of growth when compared to even Bitcoin (2009), Litecoin (2011), and Ethereum (2015).

Nonetheless, one cannot compare the number of Bitcoin casinos to Bitcoin Cash casinos. For one, there are no BCH-only casinos while there are dozens of BTC-only casinos. This case is similar when Bitcoin Cash is compared with Ethereum or Litecoin, or even coins like Monero, Dogecoin, and Dash. However, despite its young and yet prominence acceptance, Bitcoin Cash is very impressive and will surely grow with time.

Speed of Bitcoin Cash Casino Deposits and Withdrawals

Bitcoin Cash gained prominence in the crypto market due to its seeming resolution of the scalability and processing time challenges faced by BTC. The limit of each block size of Bitcoin is 1MB; this has undoubtedly made having speedy transactions and confirmation of transactions a rather daunting process — plus expensive due to the high transaction fees.

Bitcoin Cash, on the other hand, introduced an adjustable block size with a limit of 8MB. This reintroduced the initial low processing fees that BTC offered before its huge success, which the cryptocurrency community applauded. Similarly, the transaction processing time was drastically reduced, which means you could carry out more transactions in a space of 15 minutes using BCH than you would with BTC. The block size limit of BTC caused a restraint on its processing speed, making transactions prone to backlogs.

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BCH Transaction Fees

Couple everything we went over above with the average transaction costs for BTC reaching as high as $30-$40 at times while BCH is from $0.027 to $0.11. This makes BCH a better choice of cryptocurrency for gambling if transaction costs are a consideration — but, of course, they are. However, there are some casinos that do not charge a dime to make a BCH deposit but only place a fee on processing withdrawals.

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