Best Bitcoin wallet for online gambling: Our top picks
Looking to bet with Bitcoin or other cryptocurrencies for gambling? You’ll need a secure wallet to keep your crypto. But how do you even choose one?
In this article, I’ll help you choose the best crypto wallet for online gambling. Read on to learn about:
- The different types of crypto wallets
- The features to look for in a good BTC wallet
- How to get started with a cryptocurrency wallet
- My top picks of the year (including advanced and beginner-friendly options)
Let’s jump right in:
Best Bitcoin Gambling Wallet: Quick Picks
In a time crunch? I won’t keep you waiting. These are the top gamblers’ wallet options for 2025:
| Wallet | Best for | Available Cryptos | Type |
|---|---|---|---|
| Wallet Trust Wallet | Best for Best Crypto Wallet Overall | Available Cryptos Over 10 million assets | Type Hot |
| Wallet Blockstream Green | Best for Best for BTC-only players | Available Cryptos Bitcoin | Type Hot |
| Wallet Electrum | Best for Best for speed | Available Cryptos Bitcoin | Type Hot |
| Wallet Ledger | Best for Best security features | Available Cryptos 5,500+ assets | Type Cold |
🥇 Trust Wallet: Best Overall
Trust Wallet is a hot, non-custodial multi-cryptocurrency wallet that has been making waves in the crypto world.
As Binance’s official wallet, it supports an impressive 70 blockchains and access to over 4.5 million crypto assets. The fact that I can keep all of my cryptos in one wallet easily makes Trust Wallet my favorite.
Some casinos have better limits in smaller coins, too, so it helps that I can simply pick and choose which crypto to deposit.
But Trust Wallet also includes access to decentralized applications (DApps), letting you do everything from gaming to trading.
Additionally, this wallet lets you store stablecoins, making it an all-in-one solution for cryptocurrency storage and management.
And if you’re into NFTs, Trust Wallet has got you covered. You can easily manage all your non-fungible tokens on the platform.
Features:
- NFT wallet: You can buy, sell, and store your collectibles in one place.
- Multi-crypto support: Besides BTC, you can use multiple coins.
- Private and secure: Trust Wallet doesn’t collect any personal information.
- Binance connection: Since it’s the official wallet of Binance, you can easily carry out transactions through the exchange and connect to any digital assets you’re holding.
- UX-friendly: The app’s design is intuitive and easy to use.
Available coins:
- Thousands of supported coins, including all the popular altcoins for betting.
Pros:
✔️ Official crypto wallet of Binance
✔️ Supports multiple cryptocurrencies
✔️ Secure
✔️ Anonymous
Cons:
❌ No cold storage
🥈 Blockstream Green: Best for BTC-Only Users
Imagine having a convenient and secure way to manage your Bitcoin at your fingertips. Well, that’s precisely what Blockstream Green promises its users.
The hot wallet is perfect for everyday use and if you want to transfer and store BTC without any hassle.
Accessible through the app, web, and desktop, Blockstream Green is undoubtedly convenient. After thoroughly checking out the wallet, I’ll share some of my favorite features:
Features:
- Fee control: Transaction costs are kept low with SegWit and customizable fees.
- Multilingual: Many languages are available, including English, French, German, Russian, Spanish, Chinese, Ukrainian, etc.
- Privacy: No personal information is required and no KYC.
- Full API support: Customizable and accessible for devs who want to merge the wallet with their apps.
- Singlesig support: You can use your keys with any app that supports common wallet standards.
- Multisig Shield: Adds an extra layer of security to your wallet.
- Hardware wallet support: You can integrate Blockstream with Ledger and Trezor to benefit from hot and cold wallets.
Available coins:
- Bitcoin
- BTC Testnet
- Liquid
Pros:
✔️ UX-friendly design
✔️ Open source
✔️ Secure
Cons:
❌ Can’t buy or sell BTC
❌ No other cryptos available
🥉 Electrum: Best for Speed
Electrum is an open-source, non-custodial crypto wallet that has been around since 2011, earning its stripes as one of the most trustworthy crypto wallets in the game.
Being non-custodial means having complete control over your private keys, adding an extra layer of security for your crypto assets.
Plus, it’s compatible with desktop and Android devices, offering an accessible and convenient way to manage your precious Bitcoin.
Simply put, Electrum offers the perfect blend of convenience, security, and accessibility for gambling enthusiasts seeking a dependable wallet solution.
Features:
- Privacy and anonymity: Your private keys are encrypted, you can run your servers, and you don’t need to reveal personal information. Plus, KYC is not required.
- Proof checking: Your transactions are verified using SPV.
- Multisig: You can split the permission to spend BTC between several wallets.
- Cold storage: You can keep your private keys offline and choose to go online with a hot wallet.
- No downtimes: Thanks to the decentralized and redundant servers, there’s minimal downtime.
- Recoverable: You can recover your funds from a secret phase.
- Very fast: Uses servers that index the Bitcoin blockchain.
- Compatible with hardware wallets: Electrum supports integration with Ledger and Trezor.
Available coins:
- Bitcoin
Pros:
✔️ Open source
✔️ Easy to install and use
✔️ Extra security measures
Cons:
❌ Not available for iOS users
❌ Outdated design
❌ Only BTC is available
Ledger: Best Security Features
Ledger is known for being a pioneer and a crowd favorite among hardware crypto wallet providers. They offer three wallet options: Ledger Nano S Plus, Ledger Nano X, and Ledger Stax.
The best part is that these nifty and secure gadgets are compatible with iOS and Android devices, ensuring optimal accessibility and convenience at your fingertips.
Simply connect to Ledger’s desktop and mobile apps, and you can buy, stake, and swap from a collection of over 5,000 tokens and coins, including the coveted Bitcoin.
Features:
- Industry-leading security: The only certified hardware wallet by ANSSI, contains Secure Element (SE), and they have their own custom OS (BOLOS) to protect against malicious attacks.
- Strong community: Trusted by 5+ million users.
- Compatible with 50+ wallets: You can use external wallets to manage your coins.
- Ledger Live App: The wallet has a Live app where you can buy, sell, and trade 5,500+ coins and tokens.
- Own your private key: Nobody can access your private keys but you.
- Support: Customer service is available in multiple languages.
Available coins:
- 5500+ tokens and coins, including Bitcoin, Ethereum, Dogecoin, and even NFTs.
Pros:
✔️ One of the most popular and reputable hardware wallets
✔️ Extremely secure
✔️ 5500+ available cryptos
Cons:
❌ Pricey, starting from 100 USD
❌ Has a learning curve
What Is a Bitcoin Wallet?
This section is for you, wallet newbies. It’s time to clear some things up a bit. Namely, what exactly is a crypto wallet?
IN THE MOST BASIC TERMS
A Bitcoin or crypto wallet is a digital storage space for your cryptocurrency.
It’s like your bank account, where you can keep, receive, and send your Bitcoin and other owned cryptos, like Ethereum or Tether.
But unlike a bank account, a Bitcoin wallet can be decentralized, meaning there is no central authority or middleman controlling your Bitcoin. Even when a central authority (like a Coinbase gambling wallet,) there are fewer restrictions, but also fewer safety measures.
Every crypto wallet has private keys (kind of like your bank account number or credit card number) that correspond to your blockchain address.
You use the keys to sign transactions, which is why it’s so important to keep them safe. If an attacker gets hold of your private key, they can control your Bitcoin, sending it wherever they want.
Even though all wallets use this basic principle, there are still different types of crypto storage: some better for casinos than others.
You can choose between hot wallets like desktop, web, and mobile, as well as cold wallets like paper and hardware wallets. Each type has its own advantages and disadvantages.
Hot Vs Cold Wallets
Let’s compare the two types of wallets:
Hot Wallets
A hot wallet is a type of digital purse that stores your Bitcoin private key in an active, online environment.
A hot wallet is the best option for online gambling.
This makes accessing and using your cryptocurrency easier for everyday purchases, trading, and betting.
Hot wallets can be used on:
- Desktop
- Mobile
- Web
Hot wallets are also faster and easier to set up than cold wallets, making them an attractive option if you’re just starting with cryptocurrency.
Pros:
✔️ Easy to use
✔️ Free
✔️ Instantly accessible
Cons:
❌ Increased risk of security breaches
❌ You can lose your funds if the wallet closes unexpectedly
As an example, Trust Wallet, my favorite crypto wallet, is a hot wallet.
Cold Wallet
A cold Bitcoin wallet, simply put, is like your secret, super secure vault for keeping your cryptocurrency.
Unlike the hot wallet used for everyday transactions, a cold wallet isn’t connected to the internet.
If you want to store larger amounts of Bitcoin, then a cold wallet is your go-to because of its high security.
This means it is less susceptible to hacks, giving you a sense of relief as your Bitcoins rest snugly in the virtual vault.
Cold wallets can be in the form of:
- Paper: A physical piece of paper containing all the essential information you need to access and manage your digital currency, such as your private key and QR code.
- Hardware: USB-like hardware designed for storing your crypto.
Pros:
✔️ Super secure
✔️ You manage the private keys
✔️ Anonymous
✔️ Can be recovered if lost or stolen
Cons:
❌ Comes with a price tag
❌ Has a learning curve
What Makes a Good Wallet for Crypto Gambling?
Not all BTC wallets are casino-friendly. So how do you pick an option to bet with? There are three main things to look out for:
- The wallet should be safe.
You are trusting this casino wallet with your coins, after all. Look for a well-known and well-reviewed option. Up-and-coming wallets might be nice, but I’ll always prefer the ones with a longer track record.
For security reasons, I also recommend that you use good wallet hygiene. Use separate wallets for gambling, avoid sketchy sites, and revoke old permissions regularly. - It should be easy to use.
You don’t want to spend hours trying to figure out how to send or receive payments. The best Bitcoin casino wallet should have a simple and straightforward interface that you can navigate with ease. - The Terms & Conditions should allow gambling.
Not all wallets (for example, Coinbase) allow gambling-related transactions. Before you opt for a wallet, make sure that it won’t block your payments to and from online casinos.
Just FYI, the Bitcoin wallets I recommend in this article check all these boxes—and more. I still encourage you do your own research before choosing one, though.
How to Set Up a Bitcoin Wallet for Online Gambling?
The next step is to set up a wallet for gambling
For that, you can follow these step-by-step instructions:
- Open an account at your chosen crypto wallet.
- Buy BTC or your preferred crypto. Remember, some Bitcoin wallets (Ledger and Trust Wallet) have an on-site exchange, and you can quickly get the coins there. Otherwise, go to a third-party provider and exchange cash for BTC there.
- Transfer Bitcoin to your wallet. Once you have the BTC, you need to transfer it to your wallet. How? Simply copy the address of your crypto wallet and paste it into the “Send” field of the exchange. If you bought BTC directly from the wallet provider, the funds will be in your account after the purchase.
- Find a crypto casino. You already know the top recommendations.
- Deposit BTC and start gambling. The last step would be to deposit coins to your account using your wallet. Once done, find your favorite game and start gambling.
That’s all there is to it. The good thing about all the wallet I’ve listed is that they provide detailed set-up guides to get you started on the right foot.
If depositing the crypto is where you’re getting stuck, we have a detailed casino deposit guide that should help.
Do I need a BTC Wallet for Gambling?
The short answer is no: you can gamble without having a dedicated Bitcoin wallet.
How?
Most platforms have on-site crypto exchanges. It means you can deposit fiat and buy BTC directly from the site without needing a third-party wallet.
You’ll want to double-check if MoonPay or another Web3 processor is involved, because those fees can sting.
Honestly, it’s usually worth taking a few extra minutes on a proper exchange to save yourself some cash.
Final words
Now you know everything about Bitcoin wallets and how to use them to play at crypto-friendly casinos.
You know where to buy your BTC and how to deposit it. I’ve also given you recommendations to help you choose the best Bitcoin wallet for online gambling.
Remember that generally speaking, hot wallets are the most convenient option for gambling, but cold wallets do offer near-impenetrable security. It’s up to you to choose your ideal option.
Frequently Asked Questions
