Online casinos offer every service a gambler needs but some customers will have a better experience than others. All it takes is deciding on what kind of money to use for staking and which wallet you are using to manage it. Here’s a guide to choosing the best crypto wallet for online gambling.
Qualities to look for in a wallet for casino use
Every wallet is accepted in any crypto casino so pick whichever has the best service and quality of life features. Here are three elements to consider when judging the quality of a wallet.
Mutually supported assets
All wallets may be accepted but there are still limits to your choices. That would be whether the platform can hold the same digital assets that the casino accepts. Fortunately, every casino supports the top crypto like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) which are also all staples in a crypto wallet.
However, it can be complicated if you wish to use lesser-known cryptocurrencies like a new ERC20 token project featured in a dedicated casino. This means you need to find a wallet that can store that token if you wish to continue using it in your gaming sessions.
Great security history
Your assets’ safety is a top priority when using various services like wallets. Some platforms have been hacked or compromised in theft but most of them have a strong track record.
Among your best options include the Ledger hardware series, Coinbase Wallet, and MetaMask. Many wallets opt for tougher protection at the price of user-friendliness but these three have the perfect balance.
Low minimum and high maximum limits
Casinos don’t usually limit how much you can deposit or withdraw. It is the payment methods that do that. Double-check the transaction limit of the wallet you’ve chosen and see if it would impede your enjoyment as a gambler.
The best crypto wallets for casino use
There are many wallets available in the market right now and many of them are reviewed by thousands of users. You can browse for more options but here are some of the best wallets for casino gaming:
Ledger Nano S
This is a hardware wallet that looks like a thumbstick drive. It can protect your assets by keeping them out of the internet when not in use. To manage your assets stored in this cold storage device, simply pair it with a digital wallet, like the ones below, and use their interface. The Ledger Nano S will give you your private keys when it’s time to deposit or withdraw.
MetaMask
This is currently the best wallet based on user-friendliness and worldwide casino support. However, it can only store Ethereum and ERC20 tokens so your options in assets are limited. It is an open-ended platform governed by a community so adoption is quick and easy but this means you won’t have customer support to help you with any concerns.
Coinbase Wallet
If you prefer having a company to help you when you need it then Coinbase Wallet is your best alternative. It offers many similar features found in MetaMask but with the advantage of supporting non-Ethereum coins like BTC and USDT. The only downside is that it is a close-ended platform so its use is only supported at the best Bitcoin casinos.
Choose the best wallet for crypto gambling
These are everything you need to know about choosing a wallet for Bitcoin casino gaming. Remember that the quality of the wallet you are using can determine your comfort as a gambler. A bad service can result in an unsatisfying experience so there’s no point in settling for mediocre brands. Use the best crypto wallet available for you at all times.