Best wallet for Crypto Sportbooks deposits/withdrawals?

[seoski]

Hi guys.

What is best/safest/easiest wallet to use for crypto gambling?

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Regards

[1715110226]

1715110226

[Furious 7]

Hi guys.

What is best/safest/easiest wallet to use for crypto gambling?

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Regards

Some well-known exchanges also I think it's safe for gambling transactions and never asked about gambling transactions all for me this is fine, and I also use Binance to do that.

If you want to be more secure than others, it's better to use a wallet that you hold the private key in, such as Trustwallet and other wallets I think this is a lot and it is much more secure than exchanges.

[AhmadM]

What is best/safest/easiest wallet to use for crypto gambling?

One of the best options is to use a non-custodial wallet where you keep its own seed/private keys such as electrum, metamask, trust wallet and etc.

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

I have no idea why some people treat an exchange as their own wallet, keep in mind that binance is a third-party service that has full control over your funds and on the contrary you aren't. If they think there something suspicious with its user's transactions, they would investigate it and high likely freeze that suspected account.

[shasan]

Hi guys.

What is best/safest/easiest wallet to use for crypto gambling?

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Regards

First of all you should tell which types of currency you want to use. If you want to use dogechain then there is no safest site than dogechain.info, if you want to use ethereum then you should use myetherwallet.com if you want to use bitcoin then you should use any wallet who provides private key or seeds so that you can use it without locking your fund.

[Jawhead999]

Best wallet = the safest is hardware wallet or air gapped wallet or light non-custodial wallet.

Easiest wallet = Multi cryptocurrency wallet (e.g. Guarda and Trustwallet (but isn't fully open source))

However the choice depends on you whether you want to use the safest or easiest, since there's no safest and easiest wallet until now.

[ralle14]

When it comes to convenience the non custodial wallets mentioned by ahmad should be enough since you only need to avoid direct transactions between exchanges and casino. If you want something better you can go for hardware wallets (trezor or ledger).

I haven't heard any cases about binance locking accounts due to gambling transactions so you're probably safe for now but it's not recommended to use exchanges since they could change the terms and conditions in the future.

[BIN-BIN]

Using an exchange wallet to store funds is not always advisable I always avoid using a wallet that I don't have the private keys to, I use trust and metamask wallets, to a great extent am satisfied with the features. As I can easily connect to other platforms.

[notblox1]

Binance wallet is not a wallet but exchange, and if you want to really own your coins you need to have some non-custodial wallets like Exodus, Coinomi or Atomic wallet.
Those wallets are used for multiple coins, but you can also use hardware wallets or separate wallets for each coin.

[Haunebu]

Haven't heard of any crypto gambling specific wallets so far. You can simply use the popular and reliable wallets(Hardware and Software) which is usually what crypto gamblers like me tend to use.

Personally, I suggest using Exodus wallet or Green Wallet. You could also use P2P sites like Localbitcoins for quick BTC to Fiat and vice versa conversions.

[logfiles]

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Binance has never been a wallet. It's just an exchange or custodial service. If you want a wallet to keep your coins in, go for noncustodial wallets such as electrum, Trust wallet, Jaxx, Exodus etc

You should just use exchanges like binance, Kucoin to just exchange or trade your assets. Not storing them there.

[AmoreJaz]

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Binance has never been a wallet. It's just an exchange or custodial service. If you want a wallet to keep your coins in, go for noncustodial wallets such as electrum, Trust wallet, Jaxx, Exodus etc

You should just use exchanges like binance, Kucoin to just exchange or trade your assets. Not storing them there.

noncustodial wallets are really preferred if you don't want to tie up your account to gambling activities. you will find out that electrum is one of the easiest one that you can use for btc, but just like what shasan said, it depends on the coin that you are referring to. if it is not btc, and the OP is also referring to other alts, you can use trust wallet, jaxx.
as everyone is saying above, binance is not a wallet but an exchange. if you have the fear that one day the exchange will freeze your account, better start using noncustodial wallets.

[DoublerHunter]

What is best/safest/easiest wallet to use for crypto gambling?

One of the best options is to use a non-custodial wallet where you keep its own seed/private keys such as electrum, metamask, trust wallet and etc.

^ Non-custodial wallets are the best wallet for cryptocurrency that you will hold the private key which is you have full control over your crypto asset.
You are right, Electrum is the best aside from hardware wallet since you don't need to purchase it, if you have time and already bought hardware wallets such as Ledger Nano or Trezor, that is good for you. Nevertheless, if you are planning to use a custodial wallet that asks for KYC verification, be careful of sending BTC because most of them will freeze your account if they know that it is from gambling, they avoid it to follow KYC/AML protocol which is possible money laundering.

[Rigon]

Hi guys.

What is best/safest/easiest wallet to use for crypto gambling?

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Regards

Yes mate Binance exchange is the best popular cryptocurrency exchange in the market. You can undoubtedly use Binance exchange wallet, you can also use trust wallet and metamask wallet because both wallet safe for your withdraw and deposits.   

[NicNacCoin]

Wallet should be safe and secured because everyone person keeps their assets secured. Trust wallet, electrum, metamask, safepal and trezor etc wallets very much popular and secured wallets for researving your cryptocurrencies even sportsbook deposit and withdrawals. But Binance exchange not a wallet but a popular cryptocurrency centralized exchange.

[ultrloa]

Hi guys.

What is best/safest/easiest wallet to use for crypto gambling?

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Regards

Which wallet lock their user account by using it on gambling  transaction? since so far I didn't experience those by the way  I'm using trust wallet and electrum on dealing with casino so maybe try this recommendation or what is more convenient for  you to use and check the suggested wallets by other   forum members and try it one by one. Take note to choose only those wallet who got recommended by many  times since that is tested by the users itself.

[bitterguy28]

Hi guys.

What is best/safest/easiest wallet to use for crypto gambling?

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Regards

Dont put your funds from gambling sites to your exchange wallet because if they find out or locate this transaction surely you will be facing banning or freezing of funds.

Best to use custodial wallets for your own safeties .

[crwth]

I would agree with the people who posted before me that to use a non-custodial wallet that you control the private keys to.

Anyway, the best way you can utilize that if you are using Binance as your wallet, is to play with their partner casino. BPlay. I'm just not sure if there are sports books there. I haven't tried it myself but maybe soon

[rhomelmabini]

Hi guys.

What is best/safest/easiest wallet to use for crypto gambling?

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

Regards

You can add more information on what coins/tokens you usually send on your favorite crypto gambling site so that users here will suggest you specifically on what you should use. Don't use custodial wallets or exchange wallets because most of them tend to comply on some regulations. You may not have an issue this time but expect and assume you may experience it.

[Maus0728]

Anyway, the best way you can utilize that if you are using Binance as your wallet, is to play with their partner casino. BPlay. I'm just not sure if there are sports books there.

They are just a typical casino that offers popular games and they do not offer bookies per this article.

Binance has their own Crypto Casino which is equipped with Dice, Black Jack, Roulette, Texas Hold 'em, Baccarat and Video Poker. BPlay also features Live dealers and a game show section with Monopoly live and Deal or no Deal among others.

Everyone's recommendation is correct. If you're a high roller, then it would be better to protect your funds using a hardware wallet (e.g, Ledger, Trezor ) and Electrum as your interface. It's a lightweight wallet that majority of beginners and even myself use for storing large amount of bitcoin.

Or if you want some analytics and discussion which wallet to choose from. Read this.
FOR NEWBIES, wallets to choose from and analysis by Veriphi

If you have decided to use Electrum, then learn how to verify it to avoid hacking issues.

[blue Snow]

Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.

I have seen a topic like this before, but I forget which board. the solution is one, don't put your balance in an exchange wallet, use the wallet to which your own the key after that transfer it from your own wallet to exchange. this trick will save you from banning deposits from gambling sites.