Using Bitcoins for poker and gambling is useful because you can save up to 5% to 7% when you make transactions using Bitcoin instead of credit cards and other mainstream payment services. US regulations are making it difficult to pay and receive money to and from off-shore gambling websites. So Bitcoin is a great option. But not all Bitcoin wallets are open gambling transactions. Everyone would recommend famous bitcoin wallets like Coinbase and Circle because of the fact that they are easy to use and are based in the US. But centralization results in tougher regulations. Your account would have high chances of getting closed if the authorities find out that you funneled your bitcoins to gambling websites. That’s why in this article we will talk about those bitcoin wallets, which are best for gambling and poker. Bitcoins are prone to hacking attacks. In the past, there have been numerous hack attacks made thousands of people lose money overnight. Most of the targets of hacking attacks are desktop Bitcoin wallets. Poker players should prefer hardware bitcoin wallets and mobile wallets, as breaching a hardware bitcoin facility is almost impossible and mobile devices do not easily give away keys and hashes.
Let’s talk about the best bitcoin wallets for Poker players and gambling enthusiasts.
Keepkey is a famous hardware bitcoin wallet, which is famous for its security and efficiency. Keepkey enables the users to be in control of each and every transaction through manual approvals, controls and strong password protection.
Trezor has state of the art mechanisms to fight malware and data recovery. It has innate checks and balances which make it easy to backtrack hacking attacks.
This hardware bitcoin wallet is a USB-sized Ledger Nano is one of the best bitcoin wallets for poker players. It is the first ever bitcoin wallet that can store Ether (ETH/ETH).
Mobile Bitcoin Wallets for Poker Players
Mobile bitcoin wallets are also one of the best choices for poker players. Using a mobile wallet, you can use features like QR scanning for increased security. Using QR codes also saves time as you don’t have to copy or write bitcoin addresses. Mobile wallets are also safe to use because smartphones are less vulnerable. People cannot install keyloggers in smartphones and hackers always prefer targeting a desktop machine instead of mobiles.
Bread wallet is a standalone bitcoin client which means there is no central authority which can shut it down or delete your account. You will have access to your funds and assets all the time. You can transfer funds and receive payments easily without any third party interference.
Airbitz bitcoin wallet is available for Android and iOS devices. It provides encrypted backups, client side encryption and decentralized architecture so you can be in full control of your money. Airbitz has several partnerships using which you can get discounts. This bitcoin wallet also lets users to sell and buy bitcoins.
Mycelium is the best bitcoin wallet for Android smartphones. This app has thousands of downloads and five star reviews. Mycelium allows you to set HD, BIT ID, Single Address, Hardware and Watch Only accounts with just a single tap.
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