In the last couple of years, we’ve witnessed immense growth and development of blockchain technology and watched it infiltrate all major industries — from e-commerce to entertainment. A sector that has taken a particular interest in this technology and cryptocurrencies is online gambling.
Today, people who prefer using blockchain and crypto to make payments can easily make deposits and withdraw funds from their online casino accounts, just like players using fiat currencies.
One of the main reasons cryptocurrencies have become so accessible and easy to use is the introduction of crypto wallets. Thanks to these hi-tech apps, any online casino whether it’s a $1 deposit casino or a minimum deposit casino players can seamlessly transfer funds to and from their gambling accounts while maintaining complete privacy and safety.
This led some of the biggest names in the iGaming industry to include crypto wallets in their supported payment options. Let’s have a look at three prominent digital wallets that will help you store your cryptocurrency safely and allow you to transfer it whenever you need to.
CasinoCoin Bankroll Manager
CasinoCoin is a digital currency created specifically for online gambling. It provides its users with various benefits, the main one being the Bankroll Manager (BRM). With deposits and withdrawals transferred almost instantly on the blockchain, the CasinoCoin Bankroll Manager is one of the fastest crypto payment systems available today.
Moreover, BRM employs KYC (Know Your Customer) support, meaning you only need to verify your identity once without going through additional checks on betting sites and online casinos.
On top of that, BRM allows you to set hourly, daily, weekly, and monthly deposit limits applicable to all partner sites. You will also have real-time insight into all exchange rates.
FunFair Crypto Wallet
All cryptocurrencies need to use specific third-party plug-ins to help onboard new users. FunFair also ran into that problem, but this coin found a simple yet efficient solution and developed its own wallet.
FunFair Wallet was launched in 2019, and it has garnered much attention since, thanks to its efficient and smooth transactions. Like CasinoCoin, FunFair partnered with online gambling operators, providing its users with a simple yet secure way to transfer funds and instantly start playing their favorite games.
What makes FunFair different from its competitors is the token created to top up your gambling account. The token is called ERC-20 FUN and is essentially a betting chip you can use against the casino. The token also provides game developers with a financial reward — so it’s a win-win situation.
Wagerr Electron Wallet
Launched in 2019, the Wagerr Electron Wallet boasts an excellent user interface and fast transactions. The wallet also allows bettors to wager on hundreds of sporting events.
Wagerr also launched an app that allows you to place bets on various sporting events happening worldwide. The app is easy to navigate and gives you an overview of your WGR balance and bet transaction history. You can also plan which events to bet on, thanks to an elaborate calendar and event IDs that help you organize your wagers.
Final Thoughts
Without a doubt, crypto wallets are among the best inventions in recent years. Based on what we’ve seen, these wallets focus on providing you with an outstanding experience, increased security, and lightning-fast transactions.
So, if you’re looking to get started with cryptocurrencies in online gambling, you should consider choosing one of the options above. You won’t regret it!
