Where can you buy Bitcoin Cash? Is it safe?
You can buy Bitcoin Cash at some of the most popular cryptocurrency exchanges, such as Coinbase. This is where you can exchange your fiat money for Bitcoin Cash, and then it is stored in a digital wallet. From there, you can transfer it to your sports betting account and start using it like you would regular money.
Bitcoin Cash (BCH) is available for buying, selling, and trading on a wide number of exchange and trading platforms. There are over a hundred platforms that support BCH. Most popular is Binance, Gemini, Coinbase Pro. Bitcoin Cash is paired against various fiat and crypto, with BCH to LTC, BCH to ETH and etc. In these exchanges you can changes different currencies, Bitcoin Cash paired with BCH to dollar, BCH to EUR, BCH to GBP, BCH to AUD and etc.
Bitcoin Cash for sports betting is a secure way to place bets, and it often requires no personal information on your part. This anonymity is great for those that want to keep their betting to themselves, but it does mean that the betting sites you use will have weaker licenses.
This does not mean that they are inherently less safe than traditional sports betting sites, but it does mean that there is a lack of regulation. As long as you pick a reputable site to get started, and one that you trust, you can bet safely with Bitcoin Cash.
How is BCH used for sports betting?
Bitcoin Cash is used in sports betting in the same way as other cryptocurrencies, albeit a bit less frequently. You will have to send a transfer request to your chosen betting site, and from there you can follow the steps outlined on the Bitcoin cash sportsbook website to BCH deposit funds into your account and start using them to win money.
One of the major advantages of using a currency like BCH for sports betting is that there are often massive welcome bonuses to take advantage of. These are usually much more valuable than those available from traditional betting websites, and so it can be a great way to give your betting account a boost when you first get started.
There are loads of sports to bet on with Bitcoin Cash, and as long as you choose a safe website you will have access to a lot of the same markets that you would with traditional sports betting.