The Best Crypto Wallets for Online Gambling

⚙️ How Crypto Wallets Work

A crypto wallet creates an address, public key, and private key on a blockchain network. The wallet gives you access to that address, letting you manage your cryptocurrency and make transactions on the blockchain.

It’s important to note that your crypto is not stored in your wallet. Your wallet acts as a conduit between you and the network, allowing you to view your balance and make transactions. You can access the same address on multiple devices, as long as you either have your private key or recovery phrase.

Each blockchain requires a unique address and private key. For example, you can’t send Ethereum to a Bitcoin address, as they’re on different networks. Some crypto wallets, such as Electrum, are designed to work on one specific blockchain, whereas others give you access to multiple networks in a single hub.

🧭 Setting Up a Crypto Wallet For Online Casino Transactions

Setting up a cryptocurrency wallet for casino payments may look complicated, but the process is much simpler in practice. To help you understand what’s required to create a crypto wallet, we’ve provided a rough guide outlining the steps you need to take:

• Choose a crypto wallet from our list of recommended options.
• Visit the site and download the software on your phone or tablet device.
• Install the wallet software and open the program.
• Follow the wizard to set up your wallet, creating a secure password that you can use to access it.

That’s all there is to it! Once your wallet is up and running, you can transfer your crypto over to it and use it to start making online casino transactions.

📂 Types of Crypto Wallets

Crypto wallets can be split into three types based on their primary medium: software, hardware, and paper wallets. While each option has its own unique strengths and weaknesses, software wallets are far and away the best option for new online casino players, as they make it easy for you to make crypto deposits and withdrawals. Given their advantages, our focus will be on software wallets.

Within this type of wallet, there are two options available to you: custodial and non-custodial. Understanding the differences between these wallets is important when choosing which crypto wallet to use; one focuses on security, while the other prioritises convenience.

🔒 Custodial Wallets

These crypto wallets are effectively managed by the company that creates them. They have control over your private keys and use them to sign transactions. These wallets often come with a number of quality-of-life features that make them easier to use, including built-in camera support, allowing you to scan QR codes on your casino deposit page rather than type long wallet addresses. They also offer access to multiple blockchains, allowing you to swap cryptocurrencies across networks.

However, as you’re not in control of your private keys, your funds are vulnerable to attack from hackers. If your wallet platform is compromised, you can lose your crypto with zero recourse.

🗝️ Non-Custodial Wallets

Non-custodial crypto wallets are not managed by a 3rd party – you are the only person in control of your private keys. There’s a saying in the crypto community: “Not your keys, not your coins,” so keeping your crypto in a non-custodial wallet is the best way to make sure that it stays secure.

However, these wallets are typically limited to one blockchain network, such as Bitcoin or Ethereum. They also lack the usability features of other platforms, making it harder for beginners to deposit at crypto casinos. Plus, if you lose access to your wallet, there is no way to retrieve your funds.

🏆 Best Custodial Crypto Wallets For Online Casino Players

After researching more than 40 different options, our experts have compared the data and agreed on their top 3 non-custodial crypto wallets for casino players. Each of the wallets listed below makes it easy for you to claim online casino bonuses and fund your account while keeping your funds secure.

🔐 Trust Wallet

• More than 100 coins
• Biometric login
• PC and mobile app
• ISO Certified

One of the most secure crypto wallets we found during testing was Trust Wallet. The wallet has a PC and mobile app and is ISO certified, meaning that it’s met international standards for security. Plus, the app offers biometric login, keeping your account secure if someone gains access to your phone or PC. The wallet also guarantees that it doesn’t track personal data, making it a great option if you want to play real money slots or table games anonymously.

Trust Wallet gives you access to more than 100 cryptocurrencies, including Bitcoin, Ethereum, USDC, and BNB, giving you a range of options when funding your casino account. You’re also free to purchase, swap, and sell crypto directly from the app.

While using Trust Wallet, we were impressed with how easy it was to use. We could scan the QR code on the casino’s deposit page to instantly populate the wallet, and it often took less than a minute to create a transaction.

💼 Exodus

• Supports 1 million+ assets
• 24/7 customer support
• Dedicated PC and mobile app

Created in 2015, Exodus is a great option for casino players who like to use niche cryptocurrencies. The PC and mobile app supports more than 1,000,000 assets, including NFTs, giving you complete flexibility when managing your crypto casino bankroll. You can purchase cryptocurrency directly from the app, as well as swap cryptocurrencies across networks.

Exodus offers 24/7 support to its wallet users, allowing you to get expert-level customer service if anything goes wrong when making mobile casino transactions. We found that making payments via Exodus was a fast and simple process, usually taking less than 30 seconds in total.

🏦 Base Wallet

• Trusted brand name
• 50+ coins
• Range of biometric security features
• Dedicated support team

Formerly known as “Coinbase Wallet,” Base is an offshoot of the Coinbase exchange – arguably the biggest crypto exchange in the world. Like its parent company, Base is focused on user-friendliness, offering a straightforward platform that’s easy for beginners to use. Buying crypto, sending it to online casino wallets, and receiving payouts is clearly explained within the app, simplifying the process.

You can swap between any of the 50+ supported coins directly on the app, letting you change your crypto based on what your casino accepts. Security is a primary focus of Base, letting you set up both fingerprint and face-scan logins. You can even set the app to require logins when making transactions, keeping your account as secure as possible.

🛡️ Top Non-Custodial Crypto Wallets For Casino Players

If security is at the top of your priority list, we recommend using these non-custodial wallets to manage your crypto casino bankroll.

🦊 MetaMask

• 50+ major coins
• Browser extension and mobile app
• Detailed FAQ

MetaMask is a non-custodial wallet on the Ethereum blockchain, giving you access to all altcoins that run on that network, such as USDC, LINK, and DOT. The wallet supports swaps, allowing you to convert your Ethereum to alt coins, and vice-versa, giving you flexibility when choosing which cryptocurrencies you’ll use to fund your casino account.

To use MetaMask, you can download an app onto your mobile device or install its dedicated browser extension. Having the app run directly in your browser makes it easy to use when making crypto casino payments, as it gives you the option to link your wallet to support platforms.

While the wallet doesn’t have a support team, there is a detailed FAQ section that offers advice when using MetaMask to make and receive payments.

⚡ Electrum

• Easy to set up.
• Highly secure
• Lets you create multiple wallets

This Bitcoin wallet is one of the most popular non-custodial wallets on the market thanks to its simplicity. Creating a wallet is incredibly straightforward; simply download the software on your PC, follow the wizard, and within 2 minutes, your wallet will be ready to use. During the wallet creation process, you’re prompted to write down your key phrase, and we like that it tests you on what your phrase is to make sure that you have it backed up.

Sending casino transactions via Electrum can be difficult for beginners, as you can’t scan a QR code to get the wallet address. During testing, we liked that you could change the network fee to increase the speed of your transactions, which was particularly useful during busy periods.

🔗 Atomic Wallet

• Offers wallets for 100+ blockchains
• Has a dedicated support team
• Allows you to buy and swap crypto
• PC and mobile app

During testing, Atomic Wallet stood out as one of the few non-custodial wallets that give you access to multiple blockchains. Once you create a password for your Atomic Wallet, unique addresses are created for hundreds of different cryptocurrencies, including Bitcoin, Ethereum, USDT, BNB, USDC, and others. You have full access to your private keys, giving you complete control over the funds in your account.

Another benefit of Atomic Wallet is the ability to buy cryptocurrency directly from the app. You can also make swaps between different blockchain networks, allowing you to change your alt-coins for cryptocurrencies that are widely accepted at online casinos.

While testing Atomic Wallet, we found the platform easy to use thanks to the intuitive layout. Everything is clearly explained, making it easy for both beginners and experienced players to use. You can download Atomic Wallet on Android, iOS, and PC, allowing you to access your funds from anywhere.

✅ Benefits of using Crypto Wallets for Online Gambling

There are a number of benefits that come with using crypto wallets to manage your real money casino bankroll, such as:

• Secure Your Coins – Keeping your coins in a non-custodial wallet rather than a crypto exchange is the safest way to store your crypto. You are in full control over your private keys, preventing anyone from accessing your crypto.
• Encrypted Transactions – All crypto transactions are sent over a peer-to-peer, encrypted network that isn’t managed by a central authority. This makes it one of the most secure ways to make online casino transactions, as your payment cannot be blocked by a 3rd party, such as a bank.
• Private Payments – Many crypto wallets can be created without completing KYC verification, allowing you to send payments anonymously. Using these wallets at blockchain casinos are the best way to play real money games anonymously.
• Low Fees – Popular cryptocurrencies such as Bitcoin have famously low fees, even when transferring thousands of dollars. While some payment methods have surcharges of up to 5%, you can send crypto transactions for just a few cents.

📝 Crypto Wallets – A Summary

To sum up, crypto wallets are the best way to manage your crypto casino bankroll. Choosing custodial wallets gives you the convenience of buying, exchanging, and selling cryptocurrencies in one place, as well as other quality-of-life features, such as QR code scanners. On the other hand, non-custodial wallets give you complete control over your private keys, making them the most secure way to manage your funds. We recommend that you consider which features are most important to you when deciding which option is best.

If you want to find the best independent casinos that accept cryptocurrency payments, check out our expert reviews.