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