Where can I play and pay with Ripple? There are already several crypto casinos that accept Ripple as a payment method. So far, this payment system and virtual currency are not very well known in the crypto gambling industry. However, there are already places where you can – thanks to Ripple casinos, you can use Ripple (XRP) to play slots, poker, roulette, dice and other games.
There are many casinos that support the use of Ripple (XRP) for deposits and withdrawals. This makes the digital currency available for games like blackjack, keno, baccarat, craps, poker, lottery, and some live dealer games.
Best Ripple Casinos (XRP)
Here you will find a complete directory of all Ripple casinos with real money available in 2021. Ripple is a reputable deposit method and is accepted at almost all Cryptocurrency Casinos.
Using Ripple in the casino
For those using cryptocurrency, the most attractive payment methods are using their cryptocurrency over fiat currencies.
Not that many regular online casinos have used crypto as a payment method yet, and as a result, casinos are becoming increasingly popular with only crypto.
Ripple may not be a word that is widely used outside of crypto circles, but everyone is talking about it inside them. Ripple is a crypto platform that allows users to trade digital currencies. In this case, however, we are not here to discuss Ripple as a platform – but as a cryptocurrency.
The same platform runs its own crypto, also known as Ripple, but abbreviated as XRP.
If you need an overview of some of the fantastic benefits of XRP, here are:
- Casinos accept XRP as a legitimate cryptocurrency
- It is one of the most popular digital currencies out there
- Ripple is a daily payment system with lightning fast speeds and low costs
- Banks support Ripple
- The cost of a Ripple coin at the time of publication is around $ 0.5. This makes it one of the best known and cheapest cryptos on the market.
How do XRP casinos work?
A Ripple Casino is like any other online casino, but it is operated by Ripple – the currency and not the platform. Players using Ripple online casinos wager their Ripple when playing all types of casino games.
The games in a Ripple casino may be very similar to those in a regular online casino with fiat currencies. However, some crypto casinos offer unique games that are exclusively reserved for the use of crypto.
Most Ripple casino players choose these exclusive online casinos because deposits and withdrawals are cheap, quick and convenient.
Positives of the Ripple Casinos
Players at Ripple online casinos will of course be able to make their deposits in the fiat currency of their choice, as the bank interfaces at the gambling sites will do all currency conversions for high rollers. As long as players have a Ripple wallet, they can fund their game accounts instantly and in real time.
- It takes a few seconds to open an account on the Exchange, although ID is required to purchase.
- Free to open an account with Exchange and Free Account Management.
- Payments can be made on smartphones.
- The overseas transfer fee is reasonable as it does not go through banks and is displayed instantly.
- No fees, low costs, and instant payments.
- No dishonesty from non-administrative blockchain technology.
- It is available 24 hours anywhere in the world.
- It has a larger capacity than Bitcoin transfers faster.
Ripple payment systems are based on the concept of communication and the developers tend to offer them their own system. In the past, people including online gamblers used various systems that they could not easily interact with each other. On the other hand, Ripple was designed to connect different payment systems together.
How the XRP payment system works
It is certainly a great infrastructure technology for interbank transactions and a neutral utility for financial institutions and systems. It opens up communication with the banking systems and possibly works with the masses. Ripple will help bridge the changes in the way customers use digital transactions from previous systems to the new, futuristic one.
Who are Ripple Labs investors
|April 2013||Andreessen Horowitz, FF Angel LLC, Lightspeed Venture Partners, Pantera Capital, Vast Ventures, Bitcoin Opportunity Fund||2.5|
|May 2013||Google Ventures, IDG Capital Partners||3.0|
|November 2013||Core Innovation Capital, Venture51, Camp One Ventures, IDG Capital Partners||3.5|
|May 2015||IDG Capital Partners, Seagate Technology, AME Cloud Ventures, ChinaRock Capital Management, China Growth Capital, Wicklow Capital, Bitcoin Opportunity Corp, Core Innovation Capital, Route 66 Ventures, RRE Ventures, Vast Ventures, Venture 51||28|
|October 2015||Santander InnoVentures||4|
|September 2016||Standard Chartered, Accenture, SCB Digital Ventures, SBI Holdings, Santander InnoVentures, CME Group, Seagate Technology||55|
What is Ripple used for
- Low commission currency exchange. There are many currencies that can’t be directly converted to each other. So, banks need to use the US dollar as a mediator. So, there is a double commission: converting currency A to USD and USD to currency B. Ripple is a mediator too, but much cheaper than USD.
- Fast international transactions. Average transaction time is 4 seconds. Compare it to hour or more for Bitcoin and a few days for regular banking systems.
- Payment ecosystem. User can basically issue his own currency for fast and cheap transaction. For example, one can create a currency to buy and see vintage vinyls or action figures between the collectors.
Is Ripple a good investment?
Disclaimer: there is no such thing as a 100% safe investment, and each decision has its risks. In any case it is up to you to decide. However, below are some pros and cons to help you.
|The more banks use it as their transaction platform, the higher the value of XRP. If one day, all the banks decide to start using it as a unified bank currency instead of processing redundant currency exchanges – it will make a nice fortune for all the early birds who invested in Ripple.||It is highly centralized. The whole idea of cryptocurrency is to avoid centralized control. As the tokens are already mined, the Ripple developers can decide when and how much to release, or not to release. So, it is basically like investing in a bank.|
|As highlighted above, Ripple is an official organization with the trust of many banks – it’s not another Blockchain startup from a noname company.||It is open source – very smart, but still once the code is accessible there is a good chance many people will try to hack it. Some of them even might succeed.|
|No inflation. All the tokens are initially mined and already exist.||In addition to centalization, today it is pretty much a monopoly as Ripple Labs owns 61 percent of the coins.|
To cut a long story short, what Ripple Casinos in particular offers to gamblers is that when they request a withdrawal from any gambling website account, their winnings are paid out instantly on many websites, so the days of gamblers have been forced to be weeks or even to wait months for their winnings to be paid off.
They also take the necessary precautions when players are looking for a site to play with Ripple and it is highly recommended that players stick with those that offer a range of games and a software platform from one of the better known companies because of On this way the players will know that the poker, bingo or casino games they are playing are fair and random.
Ripple Casinos FAQ
XRP is the digital token that represents the reputable Ripple network. The goal of XRP is to act as an intermediary for cryptocurrencies and fiat exchanges.
To get your hands on these Ripple Casino bonuses, the best thing to do is to find a Ripple Casino that you prefer and see what current promotions are being advertised. While this is the easiest and most convenient way to find Ripple Casino promotions, you can also find them on social media and websites discussing gambling topics and gambling industry news.
XRP is one of the most reputable digital tokens in the industry, so gaming platforms that support it are safe. Reputation is everything in the online casino world, and XRPs are the best.
As the market leader in terms of cryptos, most platforms that accept XRP as a payment method allow direct deposits. In some casinos, however, XRP (Ripple) must be converted into a native token.
Ripple is a popular digital token for a number of reasons. Its reputation speaks for itself and transactions are completed at a blazing pace. It’s worth noting that some mainstream banks also support XRP.
Most, if not all, Ripple casinos and platforms that support XRP are compatible with mobile play. Therefore, they are practical and perfect for players who like to play their favorite games in the mobile casinos.