Articles on: Payments & Crypto

How to Set Up an External Crypto Wallet

To bet with crypto on SBX, you’ll first need a secure external wallet to hold your digital funds. Think of it as your own crypto bank account - where you control the keys.


Here’s how to set one up safely and quickly:

✅ Step-by-Step: Setting Up a Crypto Wallet


1️⃣ Choose a Reputable Wallet Provider


There are two main types of wallets:


  • Software Wallets (hot wallets): Convenient and easy to use
  • Hardware Wallets (cold wallets): Best for long-term storage and added security


🔒 We recommend software wallets like:



For ultimate security, look into hardware wallets like:



2️⃣ Download and Install the Wallet


Head to the official website and download the wallet for your device (desktop or mobile). Never use third-party download links.


3️⃣ Create Your Wallet


Follow the on-screen instructions to generate a new wallet. This usually includes:


  • Creating a password
  • Writing down your 12- or 24-word recovery phrase
  • Verifying the phrase before access


⚠️ Important:


  • Never share your recovery phrase with anyone.
  • Store it offline in a secure place.
  • If you lose your phrase, your funds are unrecoverable.


4️⃣ Get Your Wallet Address


Once your wallet is set up, you’ll be given a public wallet address - a long string of letters and numbers.


📌 Example:

0x2F4B09aE68F1B89Fbb4D0895Ab21Cc4eE0b3fFa7


This is what you’ll use to send or receive crypto. You’ll need this later when transferring funds from an exchange or topping up your SBX balance.


5️⃣ Connect Your Wallet to SBX


Connect your wallet to your SBX account within the "Wallet" modal so you're set up and ready to go when your wallet is funded!


🧠 Final Tips


  • Only use wallets that you control (not exchange-hosted wallets)
  • Always double-check addresses before sending funds
  • Enable extra security features like biometrics or 2FA if available


🚀 Wallet ready? Now you’re just one step away from your first crypto bet.

👉 Next: Learn how to buy crypto


🔗 Ready to Play or Explore More?


Head over to SBX.com to claim your latest bonuses, explore new crypto games, or jump into the sportsbook action.

Whether you're here for high-stakes spins or precision picks, your next win starts on the main stage.


👉 Visit SBX Now


📲 Stay Connected


Want the latest promos, giveaways, and feature drops?

Follow @betsbx on X.com, Instagram and Telegram - and don’t miss a beat.


Let’s grow together. 💥

Updated on: 06/06/2025

Was this article helpful?

Share your feedback

Cancel

Thank you!