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Bitcoin Cash BCH withdrawal minimum 100 BCH at BetOnline vs 0.01 BCH network standard excessive markup

JKLeader✔ verified271 views
48

Just discovered BetOnline requires a 100 BCH minimum for Bitcoin Cash withdrawals. That's roughly $4,000 at current prices.

The Bitcoin Cash network standard is 0.01 BCH (about $0.40). Their markup is literally 10,000x the network requirement.

I've been using BCH for fast, cheap transactions at other crypto sites for years. Never seen anything close to this excessive. My balance is 23 BCH from a decent run on slots, but I'm completely locked out of withdrawing.

Anyone else hit this wall at BetOnline? Considering switching my BCH action to a more reasonable casino.

5 replies

  1. 10

    That's insane. I stick to BTC but 100 BCH minimum is straight robbery. For comparison, Wild Casino does 0.1 BCH minimum which is still high but not completely unreasonable.

    Might want to convert your BCH to BTC if BetOnline supports that internally. Their BTC minimum is 0.001 which is standard across most sites.

  2. 8

    Same issue hit me last month. Had 47 BCH and couldn't touch it. Support told me it's their "risk management policy" but wouldn't explain why BCH specifically gets hammered like this.

    Ended up playing it down to convert to BTC. Lost about 15 BCH in the process trying to hit their minimum. Learned my lesson - always check withdrawal terms before depositing.

  3. 7
    ATAnna T.RegularAccepted answer

    This is exactly why I moved my BCH action to Ignition. Their minimum is 0.1 BCH which is reasonable. Takes about 10 minutes to process once approved.

    BetOnline seems to actively discourage BCH usage with these ridiculous limits. Maybe they don't want to deal with the technical side of BCH transactions?

  4. 18
    JPJess P.Regular

    100 BCH minimum is predatory. No legitimate reason for it when the network handles 0.01 BCH transfers perfectly fine.

    I'd file a complaint with their licensing authority. These kinds of withdrawal barriers are exactly what regulators look for when evaluating operator practices.

    For immediate relief, check if they'll let you convert to LTC or another crypto with reasonable minimums.

  5. 7

    Update: Contacted support and they confirmed the 100 BCH minimum is "non-negotiable." No explanation for why it's 10,000x the network standard.

    Taking the advice here - moving my BCH deposits to Ignition going forward. Thanks for the heads up on their 0.1 BCH minimum. Much more reasonable for regular players.

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