Just ask any casino or sportsbook player out there, and you will realize that compared to 10 years before, the usage of debit and credit cards has been reduced, and for a good reason. The e-wallets have taken online gambling by storm, as they are quicker on both ends of a transaction, no matter if we talk about a deposit or a withdrawal. The next level is set by the crypto wallets, as they are even more immediate and quicker. Just think that the payouts are completed within 15 minutes, because of the nature of the cryptocurrencies. At the same time, a cash out on a typical e-wallet like Skrill or Neteller will be over after a few hours up to a whole day.
Moreover, having a crypto wallet account is a prerequisite for using the services of a crypto casino. While you can use your debit/credit card to instantly convert your FIAT currency to crypto through intermediates like MoonPay or OnRamper, payouts are a different story. You need to own a crypto wallet, link the latter to your casino account, and only then you can proceed with your withdrawal. But here comes the next important question. Which crypto wallet will serve my betting needs the best way? And how should I choose the most suitable one for me?
Choosing the crypto wallet that will serve you as the perfect intermediate toward a next-gen betting experience is as crucial as choosing the right crypto casino. After all, you will trust your money in this e-wallet, and convert your funds from FIAT currency to cryptos. So, you need to know that your investment will be safe. Some people will also ask if they need different crypto wallets for trading their money with various crypto coins, but this is not the case. All the modern crypto wallets provide you the chance to trade your money with almost every crypto coin existing. So, how exactly should you choose your crypto wallet? What are the features it should come with?
Use trusted and verified wallets
Beware of scam apps and always go with the original sites and online shops. For example, to create a Binance account, get to the Binance official site. Moreover, if you want to cooperate with the best, the betting community’s opinion and experiences will help you understand which app you should download.
Wallets with the lowest possible charges on transactions
Let’s begin with the fact existing right now. Every conversion of FIAT currency to crypto and vice versa comes with some fees. What you should look into, is having the lowest possible charges, as this might affect your activity.
Easy-to-use wallets
No matter if you are an advanced or an amateur casino player and crypto trader, you should always strive for apps that will make your life easier.
We have already mentioned the features a crypto wallet should come with to choose it. Now is the time to mention the top three selections for casino and sportsbook players.
BINANCE
Binance is, without any doubt, the best option, no matter if you are a casino enthusiast or you want to convert your FIAT funds into cryptos. It is a part of the Paysafe Group, which also owns Skrill and Neteller, so safety is guaranteed. The popular crypto wallet also comes with low fees and a wide range of trading options and assets.
CRYPTO.COM
Crypto.com is one of the oldest options and one of the most user-friendly applications you will find out there. We talk about a highly secure platform accommodating millions of tradings every day. It provides Federal Deposit Insurance Corporation (FDIC) insurance on balances using Dollars as their main currency and insurance against damage or theft.
COINBASE
This is another top-notch platform for crypto transactions and tradings and one of the most secure and safe. It is perfect for beginners and simple to use. It is not a coincidence that is thought to be one of the top crypto wallets in the USA and the rest of the world.
