Skip to main content
110% Deposit Bonus from mBit

Ready to Wager? Pick the Best Wallet for Gambling First!

Different kinds of Bitcoin wallets serve various purposes and users. Thus, bettors should take note of the best kinds of wallets for Bitcoin gambling.

Bitcoin Wallet

Bitcoin transactions are quick, convenient, and absolutely innovative, which is one of the main reasons that gambling using the cryptocurrency is favored. Instead of needing a credit card or a wire transfer service, all that is needed is a Bitcoin wallet to keep the bankroll up and to collect all the winnings. However, with so many kinds of wallets available, which of them exactly best suits the avid Bitcoin casino gamblers?

A Bitcoin wallet can be categorized into four major types: web, mobile, software, or offline. All these can be used by an average bitcoiner, whether for storing larger sums in Bitcoin hardware wallets or saving some for daily spending. But when it comes to fast-paced online gambling, two from the list actually make the cut.

Web or online wallets are absolutely the best choice.

A web wallet  is user-friendly, it offers quick access, and it is extremely easy to have one. There are several brands that are well-known in this area, namely,, Coinbase, and StrongCoin. BitGo is also worthy to take note of since it banks on its multisignature wallet that, in essence, adds more security.

The beauty in web wallets is they can be instantly used straight from a web browser while playing Bitcoin slots or dice on any gambling platform. However, such kind comes with the risk of having the private key stolen due to the fact that web wallets rely on a third party. Thus, bitcoin accounts may be compromised should the wallet provider gets hacked or shuts down.

Casino enthusiasts who are already using or still considering Coinbase for gambling purposes, on the other hand, should be warned, though. Recently, a Coinbase user took to Reddit the suspension of his account after it was traced to have made a transaction on SealsWithClubs, the largest Bitcoin-only poker website. The US-based wallet provider and exchange made clear that Coinbase is not to be used for gambling-related activities, and therefore, acts accordingly by suspending certain accounts.

Meanwhile, mobile Bitcoin wallets are the other gambling-friendly wallet type.

The unique feature of mobile wallets is their mobility, and this significantly helps gamblers who wager on a mobile Bitcoin casino. This also allows for the same functions; however, it is reported to take longer periods to synchronize the Blockchain. Nevertheless, using Mycellium,, and Bitcoin Wallet will provide a desirable experience gambling on the go.

Aside from the distinct benefits of using web and mobile wallets, they are both perfect for controlling the bankroll. Since they both come with risks, loading them with smaller BTC amounts should do the trick, and this largely helps limit wagering behaviors. Therefore, bettors can basically transfer some bitcoins from their software wallet (or even from their offline wallet should they wish) to their mobile or web wallets and conveniently use the latter for unparalleled fun and entertainment.

Online gamblers, however, should note that some gambling platforms are very picky when it comes to the accepted wallets for Bitcoin casinos, so it is important to check whether or not the website supports shared wallets and whatnot. Choose a revolutionary Bitcoin wallet to ensure unparalleled experience. Better yet, make use of the Samourai wallet’s features.

1xBit Live Gaming Cup Play with Cryptos



Endorphina Expands Content Reach With Gamingtec Partnership

August 10, 2020

Endorphina forges a new partnership with no less than the iconic Gamingtec platform, bringing its portfolio of games to be added to Gamingtec's solutions.

Easy But Proven Tips to Help You Enjoy Bitcoin Roulette

August 9, 2020

Want to have fun while playing roulette in your favorite Bitcoin casinos? Check out our easy but proven tips to help you enjoy Bitcoin roulette online.

How Does a Real-Money Gambling (RMG) Work?

August 8, 2020

Real-money gambling (RMG) is yet another positive step in the online gambling world. Get ready to know everything that you must about RMG casinos.


Interview with Eman Pulis, Founder of SiGMA

July 14, 2020

We had the opportunity to talk to Eman Pulis, founder of SiGMA, a highly-successful iGaming expo and conference home to 14000 attendees and 500 exhibitors.

Interview with Gregor Rozic, Sales Manager at GameART

July 7, 2020

We’ve had the opportunity to talk to GameART Sales Manager Gregor Rozic, who has 10 years of experience in online gaming on casino and poker content.

Interview with Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group

June 30, 2020

We had the opportunity to talk to Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group and member of Advisory board.

Your Message

Please enter your email address:

No account yet? Register here
Forgot Password? Click here
Already have an account? Login
Forgot Password? Click here