The Best Crypto Wallets for Sports Betting in 2025

Picking the best crypto wallet for sports betting requires careful consideration. First and foremost, you must ensure the one you choose is compatible with betting sites and supports the crypto that you want to wager or win.

Security should be non-negotiable. This is especially true given that iDenfy found that a hefty $430M worth of crypto was stolen across 50 cyber attacks over just three months last year.

Considering that betting transactions often involve large sums, protective features (like two-factor authentication (2FA) and multi-signature authorization) are excellent security measures to look for when choosing a crypto wallet.

Best Wallet, Zengo, and Cypherock are each an excellent choice as a crypto wallet for sports betting because they offer these security measures. They also support a wide variety of coins often used in crypto casinos.

Why Use a Crypto Wallet for Sports Betting?

There are numerous reasons to only use the best crypto wallets for sports betting.

• Faster deposits and withdrawals: Crypto transactions are quicker than traditional payments. For example, Solana has a maximum throughput of 65K transactions per second (TPS), whereas Mastercard only processes ~5K TPS.
• Lower fees: Traditional fiat transactions can be much more expensive than crypto ones. Credit cards can charge up to 3.5% for processing transactions, whereas crypto gas fees can be cheaper, particularly on efficient networks like Solana.
• Security benefits: Crypto wallets with robust security measures, including 2FA and multi-signature technology, make it tricky for hackers to gain unauthorized access, so they’re ones to watch out for.
• Anonymity and privacy: Traditional payments typically require you to complete KYC verification, which includes submitting your personal data to access the platform. But many crypto wallets don’t require your info, protecting your virtual footprint.

Security Tips for Betting With Crypto Wallets

Here are some extra tips to shield your betting winnings when using a crypto wallet.

• Use a non-custodial wallet: Get full control of your private keys to safeguard your crypto from platform hacks, insolvency, fraudulent access, and centralized service failures. Anyone with your key can steal your crypto.
• Enable 2FA: Set up additional access methods (like fingerprint or face recognition) to prevent unauthorized access.
• Beware of phishing scams: Prevent falling victim to phishing scams by double-checking that website URLs are legitimate versions, and never click on suspicious links in messages or emails.
• Use a VPN for extra privacy: Hides your personal information and online activity and gives you access to restricted countries, which is important for crypto bettors who want to protect their assets from hackers and access geo-restricted casinos.
• Withdraw winnings securely: Use a reputable crypto wallet or exchange (like Kraken) so you can withdraw your winnings without being exposed to risks.

Expert Analysis – Best Crypto Wallets for Sports Betting Reviewed

These seven crypto wallets made it to our toplist for sports betting for a good reason. Let’s check out all they have to offer.

1. Best Wallet – No-KYC Wallet Compatible With CoinCasino, WSM Casino, Mega Dice

We have chosen the Best Wallet mobile app as the best wallet for sports betting because of its iGaming feature that gives direct access to top casinos like CoinCasino, WSM Casino, Mega Dice, and Lucky Block.

It has partnered with various iGaming companies, so holders of the ecosystem’s native token, $BEST, are granted gamified benefits: free plays, exclusive lootbox access, top-tier deposit bonuses, and lower withdrawal costs.

We like that the wallet’s non-custodial, so you’ll have full control over your private keys and 1K+ digital assets (including the next crypto to explode).

Plus, because you have complete control over your wallet, you can freely manage your funds to make sports bets with less risk of your account being frozen (which typically occurs over disputes and regulatory challenges).

Furthermore, Best Wallet doesn’t require KYC verification – a major bonus for bettors who care about their online privacy. It also provides security features like biometrics and multi-factor authentication to keep your digital assets safe. You can read more about its features in our Best Wallet review.

Beyond its crypto casino compatibility and robust security measurements, the Best Wallet app is self-explanatory to use, so it is a fantastic option if you’re a crypto casino newbie wanting to wager on your favorite sports teams for the first time.

The app will also soon support 60+ blockchain networks for lightning-fast transactions and competitive fees and roll out its very own crypto debit card, Best Card.

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Visit the official Best Wallet website today.

2. Zengo – Hot Wallet With Binance, Coinbase, Robinhood, and Bitfinex Integration

Zengo is another one of our best crypto wallets for sports betting because, since its launch in 2019, it has served over 1M users without compromising one wallet. Compatibility with major crypto exchanges, including Binance (the world’s largest), Coinbase, Robinhood, and Bitfinex, boosts Zengo’s adoption.

We appreciate that it has many security features, including facial recognition, mobile verification, secondary email, private transaction mode, sync recovery, theft protection, and legacy transfers.

Sync recovery enables you to restore your account if necessary, whereas theft protection includes additional safeguards from fraud, and legacy transfers move assets to a designated account in the event of malicious activity. They’re uncommon with other wallets and, thus, make Zengo stand out.

Beyond security, we found that it’s extremely straightforward to send, buy, swap, and sell digital assets on Zengo. It currently supports over 52 cryptocurrencies, including $BTC, $USDT, and $ETH, which are often used in casinos like Mega Dice.

The crypto wallet also supports a few crypto casino coins (this includes $FUN, the native coin of the crypto casino FunFair, and $RLB of Rollbit crypto casino), enabling you to transfer these tokens from casino platforms without any additional steps.

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Visit the official Zengo website today.

3. Cypherock – Features Popular Crypto Casino Coins like $BEECASINO and $TGC

Cypherock X1 is another attractive option for sports bettors wanting to wager crypto.

It’s a plastic hardware wallet that supports 9K+ assets, including native crypto casino coins like $BEECASINO, $TGC, and $BOXCASINO, so you can manage your winnings in one safe space.

If Cypherock doesn’t support the cryptos, altcoins, or meme coins that you have your eye on, you can add custom tokens in its desktop app – cySync – simply by entering the asset’s contract address.

Cypherock X1 is primarily a storage solution. However, it can interact with decentralized applications (dApps) and decentralized finance (DeFi) platforms like DEXs through WalletConnect.

It doesn’t offer direct integration with CEXs for trading purposes. If you want to trade on them, you’d need to transfer your assets from the Cypherock X1 to the exchange’s wallet.

One aspect that really makes Cypherock stand out is that it slashes users’ private keys into five parts using what’s called ‘Shamir’s Secret Sharing.’ It securely stores each element in different locations (across the X1 Vault and four X1 Cards) which only you can access.

The wallet is non-custodial, which is particularly useful if you’ve been collecting your winnings for the long term and want to pass them down without trusting them to a central entity (which inherently opens a single point of failure).

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Visit the official Cypherock website today.

4. Margex – Crypto Exchange With a Built-In Wallet for Seamless crypto trades

Next up on our list of the best crypto wallets for sports betting is Margex. It’s a crypto exchange that has 500K+ registered users and a built-in custodial wallet. Unlike non-custodial hardware wallets, it’s not designed to store cryptocurrencies for the long term but to facilitate trading on the Margex exchange.

You can deposit and store 55 cryptocurrencies into the Margex wallet, including $TRON and $BCH, which are used in crypto casinos like Cloudbet and Bitstarz for payouts.

Margex upholds security with multiple layers. These include 100% asset protection in cold storage (offline), real-time alerts to detect unusual crypto movements immediately, and segregation systems to prevent malicious actions by employees.

For additional security, it’s also compatible with the 2FA method Google Authenticator, which generates one-time passcodes that change every 30 seconds to prevent unauthorized access.

Plus, if you don’t like sharing your personal details online, rest assured that it’s a no-KYC crypto exchange/wallet.

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Visit the official Margex website today.

5. Ledger Stax – The Most Customizable & Advanced Ledger With the Largest Screen

Created by a highly reputable crypto wallet brand, Ledger Stax is another excellent hardware wallet for those new to crypto and sports gambling on the blockchain.

It stores your private keys offline on a Secure Element chip, so you have full control over your digital assets (not a third party).

We chose Ledger Stax as opposed to other Ledgers to highlight on our list because it’s the most customizable and advanced Ledger with the largest screen to date. It displays transactions on the touchscreen, which helps sports bettors better manage their wagering or winning coins and avoid making mistakes.

The wallet supports  5.5K cryptos, spanning from the most popular choices like $BTC, $ETH, and $SOL to casino-native tokens like Solcasino’s $SCS and TG Casino’s $TGC, which makes it an appealing option to all.

What’s more, this Ledger device has an app called ‘Security Key,’ which supports passkeys and multi-factor authentication to help your digital assets stay out of reach of fraudsters.

While the hardware wallet doesn’t directly support exchanges, it does have a mobile app called Ledger Live that does. Here, you can manage the cryptos stored on your device thanks to integration with trading platforms like Uniswap, Binance DEX, and IDEX.

Visit the official Ledger Stax website today.

6. Tangem – Crypto Wallet as Slim as a Bank Card to Manage Crypto on the Go

Tangem could possibly be the best Bitcoin wallet for sports betting because it’s a simple cold wallet for storing, buying, and selling $BTC alongside 6K+ other digital assets.

Notably, this hardware wallet costs just $52.20, so it’s much cheaper than Ledger Stax ($399) and Cypherock ($199). It also differentiates itself from traditional cold wallets like Ledger Stax by being as slim as a bank card.

Given that there are hundreds, if not thousands, of sports crypto casinos available on mobile, its portability means that you can partake in crypto-sports gambling sessions on the go while safeguarding your coins.

Its open-source app operates exclusively on iOS and Android, enabling you to easily verify transactions from your mobile device.

Moreover, Tangem integrates with various third-party platforms so you can access numerous crypto exchanges (including OKX, 1inch, Uniswap, and PancakeSwap) for competitive swap rates.

Not to mention, Tangem keeps your assets safe by storing your private keys within the card, keeping them offline to shield from online threats.  Every wallet also has a certified microchip developed alongside Samsung Semiconductors to protect your assets from attacks.

For additional security, you can also enable 2FA, including biometrics and an authentication app, like Authy, for one-time passcodes that ensure only you can access the device.

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Visit the official Tangem website today.

7. Ellipal – First-Ever Air-Gapped Hardware Wallet That Supports 10K+ Cryptos

Ellipal is another hardware crypto wallet that sports casino wagers might find helpful because it supports over 10K coins, including casino ones like Betcoin ($BET) and Casino Betting Coin ($CBC).

Although it doesn’t give you direct access to crypto exchanges, you can connect to DEXs like Uniswap, PancakeSwap, and Aave through WalletConnect (which supports over 600 dApps).

The wallet has never been compromised, so its security features deserve recognition. Beyond keeping crypto away from online threats by storing it offline, it’s also CC EAL5+ certified (so it meets strong security criteria) and has a secret secondary wallet for extra protection.

Its 2FA, which requires entering a PIN or password to log in and scan a QR code with the Ellipal app, adds another layer of security.

We’re also big fans of it being the first air-gapped crypto wallet that keeps your private keys offline to prevent online attacks. Other cold wallets like Ledger soon followed in its footsteps.

It also has a Secure Element chip, which protects private keys from physical attacks, automatically deletes user information if it detects tampering, and enables you to create a secondary account with a separate password for extra backup.

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Visit the official Ellipal website today.

How to Choose the Best Crypto Wallet for Sports Betting

Consider these metrics when picking the best crypto wallet for sports betting.

• Security: A trustworthy wallet will have security features like 2FA to protect you from scams and hacks. Additionally, cold storage ensures your private keys are held offline in the event of an online breach.
• Speed: The speed of transactions is essential for sports betting because you’ll want to deposit or withdraw your funds quickly, especially if placing a bet on a live event.
• Supported cryptos: Ensure that crypto wallets support the cryptocurrencies that match your investment goals.
• Anonymity and KYC policies: If you want to protect your digital identity, pick an anonymous crypto wallet that doesn’t require KYC, like Best Wallet.

We took each of these factors into consideration when compiling our toplist to ensure our recommendations are reliable and secure.

How to Use a Crypto Wallet for Sports Betting

You’ll be surprised at how simple it is to use a crypto wallet for sports betting. All you need to do is abide by the following steps.

1. Pick a wallet: Choose a crypto wallet that suits your needs (custodial or non-custodial, cold storage or hot storage).
2. Deposit crypto: Fund your crypto wallet by either purchasing crypto directly from the wallet or transferring funds from a reputable crypto exchange (like Binance or Coinbase).
3. Fund crypto casino: Add crypto to your chosen crypto casino for sports betting.
4.  Withdraw your winnings: After successfully winning a bet, enter your wallet address on the crypto casino and confirm how much you would like to withdraw.

Conclusion – The Best Crypto Wallets for Sports Betting

Selecting the best crypto wallet for sports betting can be tricky because it depends on where your priorities lie.

We found Best Wallet and Zengo to be attractive options for live bets because they connect to the internet (hot wallets) for fast and easy transactions.

However, you might find cold wallets like Cypherock, Ledger Stax, Tangem, and Ellipal more appealing because they store private keys offline, therefore keeping funds away from online breaches.

Wherever your interests lie, our toplist represents crypto sports betting wallets that each have their own novel benefits for bettors. We particularly favor Best Wallet over its iGaming feature that shines a light on the best crypto casinos.

Each of the crypto wallets mentioned above has its own set of perks, but they all come with risks. Always do your own due diligence before trusting any wallet with your wagering and winning coins.

FAQs

1. What is the safest crypto wallet for sports betting?

The safest crypto wallets for sports betting prioritize security, like Best Wallet, Zengo, and Cypherock. They each have multi-layer security methods, like 2FA, to protect your device from unauthorized access.

2. What is the best crypto sports betting wallet for beginners?

The best crypto sports betting wallet for beginners entirely depends on personal preference. However, we found that Best Wallet’s interface is highly user-friendly and directs users to the casinos with sports games that it’s compatible with, which is why it’s our top choice.

3. Is a hot wallet or cold wallet better for online sports betting?

Both hot and cold wallets are good options for online sports betting. Hot wallets (connected to the internet) like Best Wallet, Zengo, and Margex are ideal for frequent transactions. Meanwhile, cold wallets (that store digital assets offline), such as Cypherock, Ledger Stax, Tangem, and Ellipal, protect your funds from online fraudulent activity, so they are more secure for long-term HODLing.

4. How to keep your sports betting crypto wallet secure?

You can keep your crypto wallet for sports betting secure by enabling 2FA, like facial recognition and SMS verification. Moreover, you should always create a long, complex password that scammers can’t easily guess. We also appreciate how cold wallets store assets offline, away from online threats.