Cryptocurrency betting has been on the rise over the past few years and is currently one of the most popular forms of online gambling. There are tons of reasons to try it yourself – better house edge, added bonuses, and the ability to bet with your favorite cryptocurrencies and support the ecosystem. Some of the best bitcoin casinos also offer unique games like Crash and Plinko that you won’t find anywhere else.
If you want to get started with crypto gambling, the first step is to choose a bitcoin wallet. but where do you go? In this article, we will show you the three best bitcoin wallets for gambling in 2022.
First, let’s get one thing straight:
What Makes a Good Crypto Gambling Wallet?
When it comes to gambling with bitcoins, there are a few key factors that you need to look for in the wallet.
First and foremost, the wallet must be secure. This means that it uses strong security features to protect your coins from hackers – especially since you are using a hot wallet (more on those later)
The other thing to look at is ease of use. The last thing you want is to struggle with sending and receiving bitcoins when you are trying to place a bet. The user-friendly wallet also means that more people can enjoy crypto betting, even if they are not blockchain vis.
Lastly, you will want to make sure that the wallet you choose allows gambling transactions first. Coinbase is a good example here – although it is one of the largest and most beginner-friendly wallets, their terms and conditions do not allow gambling, making it a very poor choice to use at an online casino.
With that in mind, let’s look at the 4 best bitcoin wallets for gaming in 2022:
Overall Best Bitcoin Gambling Wallet: Blockstream
Our number one choice for a bitcoin gambling wallet is Blockstream. The app is highly secure and user-friendly, making it easy to store and use your Bitcoins for gambling.
The app is available for both desktop and mobile devices, and it offers a wide range of features that make it ideal for betting. Tou can create a wallet in seconds, back it up with a hardware device like Ledger or Trezor, and the mobile app works like a breeze.
As an added bonus, you can access Blockstream in 11 different languages, making it one of the most accessible bitcoin wallets out there.
Best Mobile Friendly BTC Wallet: BRD
BRD’s marketing is simple: “The first mobile wallet. Best mobile wallet. And they certainly live up to that promise.
With over eight years of experience and over $20 billion across various addresses, BRD is one of the most popular mobile wallets.
This is thanks to their industry-leading security features, which include two-factor authentication, a host of encryption methods, and a recovery seed.
Plus, you can buy and sell crypto directly on the BRD platform, which makes it super user-friendly.
Best Privacy-Forward Wallet: Electrum
We won’t lie to you: Electrum doesn’t have any of the bells and whistles that come with other bitcoin wallets. No in-app purchases. No fancy design. No customer service to talk to. It is a simple, straightforward bitcoin wallet with one very important advantage: it is incredibly privacy-forward.
The open-source, decentralized design means there is no company or organization to collect your data. Electrum is as close to a “pure” bitcoin experience as you are going to get.
If you are looking for a bitcoin wallet that puts your privacy first, Electrum is definitely the right choice.
Best Bitcoin Gambling Wallet: Final Thoughts
As the crypto casino market grows, so does the need for a secure and private bitcoin gambling wallet. While there are many different wallets out there, only a few provide the features and security that crypto casino players require. The best bitcoin gambling wallet should provide a high level of security without compromising on user-friendliness – and of course, it should allow gambling transactions to be initiated.
All three wallets we recommend here are secure, straightforward and provide stellar features for crypto casino players. So, which is the best bitcoin gambling wallet for you?
It’s really up to you – whether you prefer a bare-bones design with better security features or favor an all-in-one platform that can be accessed from both your desktop and mobile device .
Either way, we hope that our selection has helped give you an idea of which bitcoin gambling wallet is best for you.
Thanks for reading and remember to share with your crypto-enthusiast friends!
Image by -rita- and Mitt from Pixabay