If you’re using one of the best Florida sportsbooks like MyBookie, BetOnline, or BetUS, you’ve probably noticed one thing fast: crypto is the easiest way to deposit and cash out. No flagged cards. No confusing bank rejections. Just fast, reliable payments using wallets that actually work — every time.
You can still place bets while in Florida through these offshore sportsbooks. And every major one — including BetAnySports, XBet, and EveryGame — accepts cryptocurrency as a standard payment option. But using crypto isn’t just about owning coins. You need a wallet that works well with these books, supports the right blockchain networks, and doesn’t hit you with confusing settings or weird errors when you’re trying to fund your account before kickoff.
Let’s skip the generic advice. Below is a practical breakdown of which wallets actually work with Florida-friendly sportsbooks, which cryptos they support, and how to avoid mistakes that lead to lost funds or frozen accounts.
Hot Wallets: Speed, Simplicity, and Compatibility
Hot wallets connect to the internet and are ideal for sportsbook use. These are the wallets that make day-to-day betting seamless — quick deposits, smooth withdrawals, and no special tech skills needed.
Works with: MyBookie, BetOnline, BetAnySports, XBet, BetUS, EveryGame
Top hot wallets:
- Exodus – Beginner-friendly, desktop and mobile versions, and supports all major sportsbook cryptos: BTC, LTC, ETH, and USDT. Every sportsbook listed works with Exodus with zero issues.
- Trust Wallet – Great mobile-first wallet owned by Binance. Offers wide coin support (BTC, ETH, BNB, USDT TRC-20 and ERC-20) and is fully functional across all sportsbooks above.
Why people use them:
They’re fast, simple, and support the most common betting coins. They’re also free. But keep security tight — use strong passcodes, enable 2FA when available, and never store your recovery phrase digitally.
Cold Wallets: Long-Term Protection
Cold wallets — aka hardware wallets — are offline and used for storage, not transactions. But they’re still relevant here. If you’re holding larger crypto balances between betting sessions, this is the best way to stay protected.
Use case: Load your hot wallet from a cold one when ready to bet. This adds a layer of security you won’t get otherwise.
Top cold wallets compatible with all sportsbooks:
- Ledger Nano S Plus / Nano X – Rock-solid hardware wallets. You’ll manage funds using Ledger Live, then transfer to Exodus or Trust Wallet for sportsbook use.
- Trezor Model One – Supports a range of coins including BTC, ETH, and USDT. Also works with third-party interfaces like Exodus.
Cold wallets aren’t required, but they’re smart if you keep a bankroll in crypto. Move your funds to a hot wallet only when you’re about to deposit.
Mobile Wallets: Betting from Your Phone
Mobile wallets matter more than ever. If you’re betting on your phone — and a lot of sportsbook users do — using a mobile wallet avoids having to switch devices. Plus, some sportsbooks even work better on mobile browsers or their dedicated apps.
Top options:
- Trust Wallet – Seamless mobile UI, deep crypto support, and ideal for day-to-day transactions.
- Edge Wallet – Privacy-focused with no account required. Great for iOS and Android and accepts BTC, LTC, ETH, and USDT — all supported by MyBookie, BetOnline, XBet, and the rest.
For anyone looking to bet legally in Florida (as far as legality allows via offshore operators), mobile wallets offer the convenience and flexibility needed to jump into action without delay.
Most Accepted Cryptos at Florida-Facing Sportsbooks
Your wallet is only useful if it holds the right coins. The top sportsbooks used in Florida generally accept the same core group:
- Bitcoin (BTC) – The gold standard. Accepted by every sportsbook on the list.
- Litecoin (LTC) – Faster and cheaper than BTC. A favorite among experienced users.
- Tether (USDT) – Stablecoin accepted in TRC-20 and ERC-20 formats. Good for locking in USD-equivalent deposits.
- Ethereum (ETH) – Widely accepted but known for volatile gas fees.
- Bitcoin Cash (BCH) – Accepted at BetOnline, BetUS, and a few others. Less common, but still usable.
Exodus, Trust Wallet, and Edge all support these coins. Stick with BTC, LTC, or TRC-20 USDT for fast deposits with minimal fees.
Transaction Speed and Fees — What to Expect
Transaction times can vary. Here’s what you should know when funding your sportsbook wallet or requesting a payout:
- Bitcoin (BTC) – Takes 10–60 minutes depending on network congestion. Fees: ~$2–$10.
- Litecoin (LTC) – Much faster. 5–15 minutes. Fees: usually less than $0.10.
- Tether (USDT TRC-20) – Often the best choice for speed and cost. Under 5 minutes, ~$1.
- Ethereum (ETH) – 1–10 minutes, but gas fees can spike to $20+.
- Bitcoin Cash (BCH) – 10–30 minutes. Fees usually a few cents.
Trust Wallet and Exodus allow you to adjust fees for some coins. Going for speed? Choose higher priority. Want to save? Go low during off-peak hours.
Don’t Use Exchange Wallets (Seriously)
Here’s a critical point: Do not use exchange wallets like Coinbase, Binance.US, or Kraken to fund sportsbooks directly.
These platforms are regulated and often block or delay gambling-related transactions. Even if a transfer goes through once, they may freeze your account later.
Always transfer funds from your exchange to a private wallet (Trust Wallet, Exodus, Edge, etc.) before sending them to your sportsbook.
Getting Started — Wallet Setup and Deposit Flow
If this is your first time using a crypto wallet, don’t worry. The process is straightforward:
- Install a wallet – Start with Trust Wallet or Exodus. Download from the official app store or website.
- Back up your recovery phrase – This is your key to your wallet. Write it down and store it offline.
- Buy crypto – Use Coinbase, Kraken, or another exchange to purchase BTC, LTC, or USDT.
- Transfer crypto to your wallet – Paste your wallet address and send a small test amount first.
- Go to your sportsbook’s cashier page – Select crypto and copy their deposit address.
- Send funds from your wallet – Double-check the address before hitting send.
- Wait for confirmation – Most books credit your account after 1–3 network confirmations.
Once you see the funds, you’re good to go.
Smart Wallet Practices for Florida Bettors
- Crypto is secure — if you use it right. A few habits make a big difference:
- Use separate wallets – One for storage, one for sportsbook use.
- Keep your recovery phrase offline – Never store it in the cloud or your phone’s notes.
- Enable app locks or biometric security on mobile wallets.
- Avoid public Wi-Fi for wallet transactions.
- Start with test amounts when trying a new sportsbook or wallet.
The idea is simple: keep it clean, keep it separate, and don’t cut corners with security.
Frequently Asked Questions
Q: What Are the Key Facts About the Seminole Compact and Florida Sports Betting?
A: The Seminole Compact aimed to authorize sports betting via the Seminole Tribe. Legal battles have paused the statewide rollout. For those looking into Florida betting compact details, the situation remains unsettled, and offshore sportsbooks continue to be a common workaround.
Q: Can I Use Trust Wallet or Exodus with BetOnline?
A: Yes. Both wallets are fully compatible. BetOnline accepts BTC, LTC, ETH, and USDT from these wallets.
Q: Are Cold Wallets Required for Betting?
A: Not at all. But they’re smart for storing larger balances. Use hot wallets for day-to-day deposits.
Q: Is Tether (USDT) Reliable for Sportsbook Deposits?
A: Yes. TRC-20 is preferred for its speed and low fees. ERC-20 works too but may be pricier.
Q: Do Any Sportsbooks Charge Fees on Crypto Deposits?
A: Generally, no. You’ll only pay blockchain fees from your wallet. The sportsbooks listed here don’t tack on deposit fees.
Get the Right Tools, Bet Smarter
If you’re betting while in Florida and want your money to move quickly and reliably, you need a wallet that works. MyBookie, BetOnline, BetAnySports, EveryGame, XBet, and BetUS all support crypto — but the experience depends on using the right tool.
Trust Wallet, Exodus, Edge, Ledger, and Trezor are proven to work. They support the cryptos these sportsbooks accept. They keep your funds moving. And most importantly, they help you avoid delays, high fees, or account headaches.
Start simple. Set up a hot wallet. Load it with BTC, LTC, or USDT. Test with a small amount. Once it works — and it will — you’re free to focus on what actually matters: placing smart bets, managing your bankroll, and cashing out clean when it’s time.
