Online gambling has become extremely popular – Statista estimates some 176M active gamblers worldwide, with that figure expected to increase to 200M this year. This must be why so many people are on the hunt for the best wallets for gambling online.
The bottom line is that if you want to use crypto to gamble online, you need a crypto wallet. A good crypto wallet for gambling lets you pay with crypto securely, top up your bankroll quickly, collect your winnings easily, and store them safely.
In this review, we’ll be looking into the 6 best gambling wallets, with top contenders including hot wallets like Best Wallet and Zengo and cold wallets like Cypherock. We’ll cover the differences and what makes them convenient and secure enough to use at your favorite online casino.
The 6 Best Wallets for Gambling at a Glance
Before we dive into the best wallets for gambling, here’s an overview of our recommendations, along with what makes them good for gambling:
- Best Wallet — Top Gambling Wallet with iGaming Hub and dApps Integration
- Zengo — Secure Your Winnings with Advanced 3FA and MPC Technology
- Cypherock — Cold Private Key Storage You Can Bet On
- Ledger — Encrypts Your Private Key for Stress-Free Gaming
- Tangem — Credit Card-Style Crypto Wallet for Funding Your Bankroll
- Ellipal — Air-Gapped Cold Wallet with Tamper-Proof Features
The Top 6 Wallets for Gambling in 2025 Reviewed
Now, let’s get into the finer details. We’ll review each of these wallets in full and highlight why they’re worthy of your attention and trust.
1. Best Wallet – Top Gambling Wallet with iGaming Hub and dApps Integration
Best Wallet tops our list for good reason. Not only is it super user-friendly, but it offers several features and incentives to turbocharge your gambling sessions.
It also supports most of the cryptocurrencies to watch, including $BTC, $ETH, $USDT, $USDC, and others often accepted on gambling platforms.
We voted Best Wallet the best wallet for sports betting and gambling for three main reasons. The first is its integrated iGaming hub under ‘Apps’. This lets you go directly to top online casinos like CoinCasino, WSM Casino, Mega Dice, and Lucky Block without ever leaving Best Wallet.
The second reason is anonymity. Gamblers may not want to reveal their identities, so this can be a sought-after feature. In our Best Wallet review, we found that Best Wallet doesn’t require KYC (Know Your Customer), so you don’t need to supply proof of identity before using the wallet—which can also speed up transactions.
Third reason? Best Wallet lets you hold onto your winnings safely without worrying about losing them or your funds in a hack or a breach. That’s because Best Wallet is a non-custodial wallet that gives you sole control over your private keys. Two-factor authentication and biometrics enhance the wallet’s security even further.
Finally, bonus reason, you’re eligible for extra gambling perks if you use the integrated iGaming hub in your Best Wallet. These include deposit bonuses, free spins, and reduced crypto transaction fees. Even better, hold the wallet’s native $BEST token, and you can also unlock free lootboxes and plays.
Pros
- Integrated iGaming hub
- Support for common gambling cryptos
- Strong encryption protocols
- Anonymity features, including no KYC
- Exclusive gambling perks for Best Wallet users & Best Wallet Token holders
Cons
- Best Wallet currently only works on smart devices, not desktop
2. Zengo – Secure Your Winnings with Advanced 3FA and MPC
Zengo stands out as a rock-solid wallet for gambling with its unique 3-factor authentication feature. Also, it replaces traditional private keys and the need for seed phrases with MPC (Multi-Party-Computation) technology, making the wallet even more secure.
With these safeguards in place, hackers will find it virtually impossible to steal your gambling winnings. Secondly, Zengo supports over 180 cryptocurrencies, so no matter which crypto your casino accepts, your wallet is sure to work.
Third, you can buy and swap cryptocurrencies within your wallet without the need to rely on external exchanges. Zengo also connects to decentralized apps (dApps), including many gambling platforms and services. So you don’t even need to leave the wallet app to get your gambling fix.
Last of all, Zengo offers 24/7 customer support. So whether you’re gambling at 3 pm or 3 am, you’ll always have a support team ready to help you with any payment issues.
Pros
- MPC and 3FA keep your winnings safe
- Support for over 180 cryptocurrencies
- 24/7 customer support
Cons
- Not all cryptos online casinos accept are supported
- Security features like Asset Theft Protection only with a pro subscription
3. Cypherock – Cold Private Key Storage You Can Bet On
Unlike the software wallets reviewed above, Cypherock is a hardware wallet. The decentralized, offline nature of a hardware wallet is the best way to stash your jackpot winnings safely. 
Cypherock consists of a hardware wallet and four cards. This makes it extremely difficult for thieves to bring all the bits together to get to your funds (but potentially for you, too).
Having that level of security, however, provides the peace of mind some high rollers need when playing in an online casino.
Also, many reviews praise Cupherock as being very user-friendly. It works with 9K+ cryptocurrencies and integrates with many DeFi platforms, including gambling ones.
Pros
- An offline hardware wallet, which cuts the risk of online interception
- Splitting private keys into 5 parts enhances the wallet’s security
- 9K+ cryptocurrencies supported, including DeFi platforms and gambling dApps
Cons
- Expensive, with devices starting at $160
- Looking after 5 parts can be a little complicated
4. Ledger – Encrypts Your Private Key for Stress-Free Gaming
Ledger is a well-respected hardware wallet that boasts a proprietary operating system called BOLOS (Blockchain Open Ledger Operating System). This encrypts your wallet with a Secure Element chip to keep your private keys private.
Your private keys are stored offline, making them inaccessible to hackers. The Secure Element chip, similar to what you would find in a bank card, has also been shown to be tamper-proof, which means your private keys are even safer.
Ledger gives you access to over 1,5K cryptocurrencies via a user-friendly interface. Its Ledger Live feature provides an encrypted connection to dApps, which work in isolation. That way, if one app fails, the others aren’t compromised.
This heavy emphasis on encryption and security means your gambling winnings are safely under lock and key.
Pros
- The proprietary operating system provides heavy encryption
- Private keys protected by ‘tamper-proof’ Secure Element chip
- Support for 1,5K cryptocurrencies
Cons
- Firmware isn’t 100% open source, so the code can’t be fully examined
- Dependence on a physical device can make transactions slower
5. Tangem – Credit Card-Style Crypto Wallet for Funding Your Bankroll
Tangem makes some of the slimmest hardware wallets around. As thin as a bank card that can slot into your actual wallet. A wallet within a wallet – how meta.
The card is used in conjunction with the smartphone app. When you hold the card next to your phone, NFC (Near-Field Technology) connects your card to the app to sign off on transactions. This makes crypto transactions fast and seamless, ideal if you need to quickly top up your funds before the next poker round.
Tangem generates offline private keys using a Secure Element chip. Making and storing them offline eliminates the possibility of interception by hackers. Backups of the wallet can be made with additional cards, so you don’t need to remember any seed phrases, eliminating another potential weak point in security.
Tangem supports 6K+ cryptocurrencies over 78 blockchain networks. So whatever crypto coins your favorite casino accepts, they’re sure to be supported. NFTS are not currently supported yet, however.
Finally, like many recommendations here, Tangem supports DeFi apps, including many decentralized gambling platforms.
Pros
- Slim bank-card style wallet
- Encrypted private keys generated offline
- Seed phrases are not required
- 6K+ cryptocurrencies and 80+ blockchains supported
Cons
- Only works on mobile devices, not desktop
- Doesn’t support NFTs, which many competitors do
6. Ellipal – Air-Gapped Cold Wallet with Tamper-Proof Features
If you’re a kingpin, you can go hardcore with Ellipal. This hardware wallet is completely air-gapped and boasts tamper-proof measures like a self-destruct mechanism to keep your money safe.
Let’s start with air-gapping. That’s when you completely cut a device off (in this case, your Ellipal wallet) from all connections – Wi-Fi, Bluetooth, and USB. This means the wallet stays cold (offline) and is immune to hacker threats.
However, air-gapping doesn’t protect the device from real-world threats, like someone gaining possession of your actual wallet device.
That’s when the tamper-proof features come into play. The device has a metal seal, and if anyone attempts to break the seal and open the device, it triggers a self-destruct mechanism. This wipes all the data, preventing it from getting into the wrong hands.
This is why you’ll want to back up your wallet regularly. You’ll also need to save your seed phrase somewhere safe. That way, you can recover your funds, even if the actual device gets stolen.
Ellipal supports 10K+ cryptocurrencies across 50+ blockchains and has a sharp color touchscreen that makes it one of the best-looking gambling accessories right now.
Pros
- Air-gapped device for total protection from online threats
- Self-destruct mechanism wipes data if the device is compromised
- Supports 10K currencies across 50+ blockchains
Cons
- Expensive, with prices starting at $170
- No desktop support
Why Do You Need a Crypto Wallet for Gambling?
More and more online casinos allow cryptocurrencies as a payment and/or betting method. Compared to a credit card, using a top crypto wallet for gambling ensures quick and seamless transactions, as well as quick withdrawals of your winnings.
Some crypto wallets don’t even bother with KYC (Know Your Customer) verification, so your anonymity is guaranteed. This also adds to the speed of transactions as the process is not delayed by identity checks.
What to Look for in a Crypto Wallet for Gambling
When deciding which crypto wallet to choose, here are some factors to consider:
- Custodianship – This determines who gets the keys to your crypto castle. A custodial wallet means a third party controls your wallet and your private keys. As such, your funds are at risk if that third party is breached or goes out of business. It’s best to go for a non-custodial wallet where you stay in control of your keys.
- Security – Since playing in a casino can involve a lot of money, an ultra-secure storage method is essential. Look at what encryption protocols are in place. Look for options like 2FA or 3FA. Is a seed phrase required? What other security features set it apart?
- Anonymity – In some regions, gambling is viewed as taboo or even illegal, so some players may need to remain anonymous. If that’s the case, look for a wallet that doesn’t ask for KYC (Know Your Customer) verification.
- Supported cryptocurrencies and blockchains – online casinos work with specific cryptocurrencies, but not all. Wallets that support the coins you need to place your bets should be at the top of your list.
Hardware Wallets vs Software Wallets – Which is Better for Gambling?
You get two different kinds of wallets – hardware and software ones, but which works best for gambling? Let’s weigh it up.
Software Wallet – Pros and Cons
As the name suggests, these wallets are little more than a piece of software you download and install on your device. These could be custodial apps hosted by third-party platforms such as Coinbase. In that case, the platform controls your private keys. They could also be non-custodial, like Best Wallet, which gives you sole control of your own private keys.
Pros
- Easy to use
- Faster transactions
- No upfront costs
- More backup and recovery options
Cons
- Being online, they’re easier to hack
- The third-party platform holds your keys
- May require KYC verification procedures
Hardware Wallet – Pros and Cons
Hardware wallets are generally seen as more secure. But are there any cons? Here’s the lowdown.
Pros
- Non-custodial, meaning you control your funds and private keys
- Ultra-secure encryption
- May not require KYC verification
- Supports many cryptos and blockchains
Cons
- Can be pricey
- May be tricky to set up and operate
- Transactions can be slower and more clunky
- If you lose the wallet, you could lose your funds
How We Selected the Best Wallets for Gambling Online
Why should you trust our analysis? As seasoned tech reviewers, we delve into a full spectrum of factors before we make our recommendations. These include:
1. Supported cryptocurrencies
We focused on crypto wallets for gambling that support a wide range of cryptocurrencies and blockchains. Not every casino uses Bitcoin and Ethereum by default, so support for other coins is crucial.
2. Connection to gambling sites
Many crypto wallets suitable for gambling have access to dApps and DeFi platforms. These integrations include direct links to gambling sites, along with exclusive offers for first-time users.
3. Security
Security is the concern of every gambler, whether they have a few dollars or a few thousand dollars in their wallets. So we focused on wallets with extra-strong encryption, secure access to the internet, and two-factor authentication.
4. Mobile apps
Since most people live on their phones – and likely gamble on them, too, we examined how these wallets fare on mobile devices. Is the site interface mobile-friendly? Can users easily navigate around the mobile app? Does it use secure payment gateways?
5. Reputation
Finally, we looked at the wallet’s reputation. If you’re going to entrust a wallet with your gambling winnings, you naturally want to be sure you can trust the wallet’s maker. We looked at the company’s background and history and looked at third-party reviews to get a clearer picture.
Getting Started with a Crypto Wallet for Gambling
If you’re unsure of how to set up a crypto wallet for gambling, here are the typical steps to get started. We’ll use our top choice of Best Wallet to illustrate.
Step 1 – Download Best Wallet
Obviously, you first need to get your wallet set up. So, go to the Best Wallet app and download it. It’s available for iOS and Android and is free to download and use.
Step 2 – Add Funds to Your Wallet
Once you’ve installed your wallet, it’s time to add some funds.
- Go to your wallet and click ‘Buy’.
- Select your preferred cryptocurrency.
- Enter the amount you want to spend.
- Click the ‘Buy’ button to put the transaction through.
Step 3 – Open An Account at Your Preferred Casino
Once your funds are safely in your Best Wallet app, you must now choose your casino of choice. For the purposes of this tutorial, let’s use CoinCasino.
Click the ‘Sign up’ button at the top-right corner of the screen, and enter your email, name, and other required information. You will more than likely be asked to provide the online casino with further identification documents.
Step 4 – Transfer The Funds & Start Playing
Once you’ve made your account, and logged in, click the ‘Wallet’ button at the top-middle of the screen. When the window opens up, select the ‘Deposit’ tab and your desired cryptocurrency. You’ll then receive a wallet address to send the funds to.
Once your account has been credited, you can begin playing. How long you need to wait for your money to arrive will vary depending on how busy the blockchain is.
Step 5 – Request a Withdrawal Of Your Casino Winnings
Once you’ve collected some winnings, it’s time to withdraw them from your casino account. To do this, click the ‘Wallet’ button again and select ‘Withdrawal’.
Enter the amount (in crypto) that you want to withdraw, as well as your wallet receiving address. After you click ‘Request Withdrawal’, the funds will be sent to your crypto wallet.
How to Use a Crypto Wallet Safely for Gambling
The most effective way to secure your gambling funds is to keep the amount you want to gamble in a software ‘hot’ wallet but transfer your winnings to a hardware ‘cold’ wallet. This way, the bulk of your funds are under maximum protection.
Having some gambling funds readily available in your hot wallet helps to speed up the transaction process with the online casino. So using a combination of both types of wallets is a win-win.
How do you do this? If your software wallet supports it, find the ‘Connect to Hardware Wallet’ in the settings and follow the on-screen instructions.
A final tip: Always enable two-factor authentication on your wallets for maximum security.
Wrapping Up Our Guide to the Best Wallets for Gambling
When it comes to the best wallets for gambling, we like Best Wallet. With its own integrated iGaming hub offering exclusive benefits from a number of top casinos and its anonymity and No-KYC features, this is the #1 wallet for gamblers.
That said, these are merely our recommendations based on research and hands-on testing. You should select your crypto wallet carefully, do your own research, and come to your own independent conclusions.
FAQs
1. What is the best crypto wallet for gambling?
The best crypto wallet for gambling is Best Wallet. It has an integrated online gambling hub and provides exclusive casino benefits for Best Wallet users and Best Wallet token holders. Its lack of KYC (Know Your Customer) verification requirements also promises anonymity.
2. Is crypto gambling legal?
It depends on where you are. Some countries and individual states have laws against online gambling and don’t allow you to use crypto to gamble.
3. How do I use a crypto wallet for online gambling?
When you visit an online casino for the first time, you’ll be asked to make an account. You’ll then need to top up that account before you can play. To use your crypto funds, simply copy the wallet address provided by the casino and move the money over. Soon, your casino account will be credited. To withdraw the money, enter your wallet address and request a withdrawal.
4. What crypto is used for gambling?
Different online casinos support different cryptocurrencies, but in general, they support the bigger currencies, like Bitcoin, Ethereum, USDT, USDC, Litecoin, and Dogecoin.
5. Which crypto wallet allows gambling?
Many crypto wallets allow gambling. However, centralized crypto exchanges like Coinbase strictly regulate it. They try to comply with financial and banking regulations in each country and only allow legal gambling.
6. What’s the easiest wallet to use for online casinos?
Best Wallet is arguably one of the easiest crypto wallets to use for gambling. Support for most major blockchains ensures your preferred gambling currency should be available. Also, it has an integrated gambling hub that gives you easy access to several online casinos.