Crypto Gambling Guides
Beginner-friendly guides to crypto gambling: wallet setup, deposits & withdrawals, tax basics, and responsible gambling tips for crypto casinos.
Crypto Wallet Setup
Learn how to set up a secure crypto wallet for gambling. Compare hot wallets, cold wallets, and exchange wallets.
Deposits & Withdrawals
Step-by-step guide to depositing and withdrawing crypto at casinos. Understand network fees and confirmation times.
Taxes & Record Keeping
Basics of crypto gambling taxes and how to keep records for tax reporting. Consult a tax professional for advice.
Responsible Gambling
Set limits, recognize problem gambling signs, and access support resources. Gamble safely and responsibly.
Crypto Wallet Setup for Gambling
Types of Crypto Wallets
1. Hot Wallets (Software Wallets)
Best for: Frequent deposits and withdrawals at crypto casinos.
Examples: MetaMask, Trust Wallet, Exodus, Electrum
Pros: Fast, convenient, easy to use, free
Cons: Less secure than cold wallets (connected to internet)
2. Cold Wallets (Hardware Wallets)
Best for: Storing large amounts of crypto long-term.
Examples: Ledger Nano X, Trezor Model T
Pros: Maximum security (offline storage), protects against hacks
Cons: Costs $50-200, less convenient for frequent transactions
3. Exchange Wallets
Best for: Buying crypto and transferring to gambling wallets.
Examples: Coinbase, Binance, Kraken
Pros: Easy to buy crypto with fiat, user-friendly
Cons: Not your keys = not your crypto