With so many cryptocurrencies becoming accepted by bookies online, Bitcoin Cash has risen to the top as one of the fastest. Today, some of the best cricket betting sites accept this secure, stable, and popular digital asset for lightning-fast withdrawals and deposits.
Top 6 Bitcoin Cash Betting Sites
Top 5 Bitcoin Cash Betting Sites
- Sportsbet.io
- 1xBet
- Cloudbet
- MELbet
- 22Bet
Best Bitcoin Cash Betting Sites
It can be tough to choose a bookie when there are so very many on offer. We hand-picked three of the very best that accept Indian punters and Bitcoin Cash as a payment method.
Sportsbet.io
Sportsbet.io is one of the very first Bitcoin betting sites available to Indian punters, and accepts loads of other cryptocurrencies too. This modern bookie offers a smooth live betting experience and an excellent selection of sports too.
Accept Indian Punters: Yes
Accept Indian Rupees: Yes
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1xBet
As one of the largest international betting platforms in the world, 1xBet offer a spectacularly large sport selection, plenty of payment options – including Bitcoin Cash, of course – and tons of regular promotions too. The aforementioned sport selection is incredibly diverse too, and includes even the most niche of sporting events!
Accept Indian Punters: Yes
Accept Indian Rupees: Yes
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Cloudbet
Cloudbet is a purpose-built cryptocurrency sports betting and online casino. You’ll be able to make Bitcoin Cash withdrawals at this bookie, which even features a crypto wallet. The sportsbook platform also happens to have some of the best odds around!
Accept Indian Punters: Yes
Accept Indian Rupees: No
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What is Bitcoin Cash?
Bitcoin Cash (BCH) is a hard-fork of Bitcoin and can essentially be viewed as a offshoot of the latter. This cryptocurrency aimed to fix some of the issues associated with its predecessor, and was developed to act as a more useful payments network through an increased transaction capacity.
With increased block sizes, Bitcoin Cash is faster and cheaper than standard Bitcoin. In 2022, there is a growing range of fantastic betting sites accepting Bitcoin Cash for betting and making casino payments.
Are Bitcoin Cash Betting Sites Safe?
Absolutely! The best Bitcoin Cash betting sites are protected with high levels of SSL encryption – typically either 128-bit or 256-bit SSL encryption.
In addition to the above, licensed and regulated operators, including Bitcoin Cash betting sites, are regularly tested for safety, fairness, and the quality of their service. An online betting portal can be considered safe if it holds a trustworthy licence from a reputable regulatory body.
Pros and Cons of Bitcoin Cash
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Differences Between Bitcoin and Bitcoin Cash
As previously mentioned, Bitcoin Cash is a cryptocurrency that is a ‘hard fork' of Bitcoin. This means that the blockchain receives a radical upgrade and essentially becomes a new blockchain, as is the case with Bitcoin Cash. Hence, the latter is an entirely new cryptocurrency that is based on Bitcoin.
The most obvious difference between the two digital assets is the size of the blocks on the blockchain – 8 MB compared to the very small 1 MB of bitcoin. Bitcoin Cash can handle significantly more transactions per second, meaning it can deal with a heavy load at the same time, and transfer fees are substantially lower than regular Bitcoin – 0.20c versus over $20!
Why Play at Bitcoin Cash Betting Sites?
There are so many reasons to play at Bitcoin Cash betting sites in India. Firstly, there is the obvious fantastic selection of sports to choose from and excellent welcome bonuses. But what separates Bitcoin Cash sites from others out there? Below are the two major differences of choosing to punter at Bitcoin Cash betting sites.
Security
Bitcoin Cash cares a great deal about safeguarding your personal data. Every transaction made with BCH is transferred on the blockchain without sending any personal identification or financial information, meaning users are highly secured against fraud and identity theft.
As is standard with cryptocurrency transactions, your betting site transactions are irrefutably recorded to the blockchain ledger, so can be no manipulation of data in any way. As a result, there is always a perfect ledger of every betting site transaction.
Transaction Speeds
Unlike regular Bitcoin transactions that can take over 10 minutes to be processed, Bitcoin Cash transactions are instantaneous. This is because Bitcoin Cash is actually designed to make everyday transactions, and is far more optimised to do so than many other cryptocurrencies.
Are There Any Disadvantages of Bitcoin Cash?
There are only two downsides to using Bitcoin Cash that we've listed here, and they are certainly far from deal-breakers. Below minor drawbacks to using this popular cryptocurrency at international online bookies and INR betting sites.
High Volatility
Now, this can be said of any cryptocurrency, but Bitcoin Cash is a highly volatile asset. This means that the value is subject to some pretty wild swings at times. Cryptocurrencies are not as stable as regular fiat currencies like the US Dollar, Indian Rupee, or Euro, so the value of Bitcoin Cash could surge rapidly or plummet very quickly without much warning. Generally speaking, though, Bitcoin Cash has been relatively stable.
Acceptance Online
Cryptocurrencies, in general, are still growing in acceptance when compared to larger, more established payment methods such as Visa and Mastercard. Although this has improved significantly, due to the overwhelming popularity of Bitcoin, Bitcoin Cash isn’t accepted by as many betting sites as we would like. Consequently, your choices regarding betting sites are somewhat limited.
Best Bitcoin Cash Wallets
Bitcoin Cash can be purchased at many reliable cryptocurrency exchanges online and stored in a crypto wallet.
A crypto wallet allows you to retain your cryptocurrency information, including your total currency amount, and lets you send and receive cryptocurrency too. So, it’s very important for cryptocurrency betting. We have selected two of the very best crypto wallets below for use at Bitcoin Cash betting sites.
Trezor
Trezor is a provider of some of the best cold (offline) wallets in the market. If your crypto balance is particularly high, or you simply value security, these offline wallets are for you. Trezor offers USB-sized crypto wallets that can be plugged into a smartphone, tablet, PC, or laptop, from which you can send and receive secure crypto transactions.
The beauty of an offline wallet is that, as soon as you’ve completed your transaction, you can disconnect from the internet, and are therefore protected from online fraud or theft.
Coinbase
As one of the worlds leading crypto exchanges, we couldn't not include Coinbase on our list. This platform allows you to buy, sell, store and transfer Bitcoin Cash – all entirely online. Coinbase is very user-friendly, and offers plenty of other exciting features as well.
You can use Coinbase to purchase Bitcoin Cash with your bank account, or even a debit/credit card.
How to Use Bitcoin Cash Betting Sites
Bitcoin Cash is one of the fastest ways to fund your betting account. Using innovative and trusted technology, this cryptocurrency will have you placing your wagers in mere moments. For new Bitcoin Cash users, we have provided an easy-to-follow guide on using Bitcoin Cash at bookies online.
Making a Bitcoin Cash Deposit
Once you have registered at a bookie and have a crypto wallet loaded with Bitcoin Cash, you will be ready to fund your account. Simply follow the below instructions:
- Log in to your betting account and navigate to ‘Banking' or ‘Payments' section. Choose Bitcoin Cash as your payment method.
- The bookie will then provide you with a crypto public address and an associated QR code. The QR code is perfect for those who want to simplify this process even further!
- Access your crypto wallet and paste or type in the crypto address. Alternatively, you can scan the QR code instead. Choose the amount you wish to deposit, and confirm the payment after reviewing the transaction.
- Done! The funds should appear in your account instantly.
Making a Bitcoin Cash Withdrawal
Withdrawing funds is just as simple as making a deposit. First of all, however, you'll need to complete the Bitcoin Cash betting site's Know Your Customer procedure. This is required by all online bookies, and helps with preventing money laundering and other financial crimes. The process is simple and just requires a few basic details and documents.
Once you have been verified, you’ll be able to make betting withdrawals.
- In your crypto wallet, select receive to see your unique crypto public address. This is essentially your account number, which directs the bookie to where your funds need to go.
- Copy your address and then head to the Cashier/Payments section once again. This time, choose ‘Withdraw'.
- Paste your crypto public address and choose your withdrawal amount. (Keep in mind there is typically a minimum sum you have to withdraw). Complete the order, and then wait for it to clear. While Bitcoin Cash payments are instant, the bookie may take up to 48 hours to actually process the order.
Alternative Payment Methods
Bitcoin Cash betting sites offer plenty of other amazing betting payment methods. If you want to bet on cricket online, any of the below fantastic banking options will do the job!
Visa and Mastercard
You’ll be able to find plenty of Visa and Mastercard betting sites online. We are talking about the largest payment networks in the world here, so it makes sense that this payment method would as widely available as it is.
Google Pay even allows you to convert your physical Visa or Mastercard debit card into a virtual one, meaning you won’t even need to input your card number at the cashier section within your betting account.
E-Wallets
Some punters may find e-wallets are a great stepping stone into using cryptocurrency. E-wallets are a means to make anonymous and fast payments at bookies without having to reveal any personal banking information. Skrill and NETELLER betting sites are among the most popular payment solutions, and provide punters with instant deposits, along with excellent privacy features.
Other Cryptocurrencies
As you know by now, there are plenty more cryptocurrencies in the sea than just Bitcoin Cash. Cryptocurrency betting sites are fairly common these days, and that means you’ll have plenty of options to choose from. The fastest transaction speeds are offered by these bookies, and some even offer Bitcoin-exclusive casino games.
You can even find bookies that provide exclusive Bitcoin bonuses, such as BTC betting site, Sportsbet.io, who regularly run mBTC promotions and competitions.
Indian Favourites
The best Bitcoin Cash betting sites will offer a few other Indian favourite payment methods to cater to as many customers as possible. Net Banking, for example, allows users to make fast and secure payments with their personal banking account.
UPI is yet another one of the most popular payment methods in India, and now features several apps too. Be sure to look out for Paytm or PhonePe betting sites for easy, one-click payments.
Alternative Payment Methods FAQs
What is cryptocurrency?
A cryptocurrency is a form of digital currency that aims to be decentralised. That means it is free from government interference and is entirely in a digital form. Cryptocurrency can be traded and used at many online casinos and betting sites accepting Indian players.
Which are the best Bitcoin Cash betting sites?
There are so many amazing Bitcoin Cash betting sites out there to choose from; however, we would single out Sportsbet.io, 1xBet, and Cloudbet as the top three.
What is SSL encryption?
SSL stands for Secure Socket Layer. SSL encryption is an internet security protocol that protects and authenticates internet communication to ensure data privacy at websites, including casinos and betting sites.
CricketBettingAdvice Final Say
One of the easiest and fastest ways to fund a betting account is with Bitcoin Cash. This cryptocurrency is continuing to grow in acceptance at online bookmakers, and some of the very best cricket betting apps now accept Bitcoin Cash for deposits and withdrawals.
If privacy, speed, and simplicity are all options you desire in a payment method, than it’s time to bet on your favourite sports at a Bitcoin Cash betting site today!
The Cricket Betting Advice team of writers are all defined by one goal: to provide you with the best online cricket betting content on the web.