Ripple
Ripple is one of the biggest cryptocurrencies in the world. Ripple or XRP as it is commonly known as on exchanges is widely available on many online casinos. This digital currency is built with excellent security ingrained in the blockchain technology that sustains it. XRP has gone through some debates and even legal proceedings in recent times to determine whether it is a security or a cryptocurrency. Ripple has gained hundreds of partners thanks to the convenience, speed and safety of making cross border payments and every day online payments.
Casinos with Ripple
- Ripple
Overview
Ripple was established in 2012 out of San Francisco. Ripple is much cheaper, safer, and faster compared to other popular cryptocurrencies and that’s why many crypto-friendly online casinos are embracing the digital currency as a deposit and withdrawal method. Although cryptocurrencies are still very new to many people, the gambling industry is seeing the potential for hosting digital currency payments. If you’re looking to make payment transfers in mere seconds with layers of security and without any costs, then XRP may be your new favourite currency.
Bonus
You will not be restricted from claiming a bonus offer when making a deposit through the Ripple payment option. You can boost your deposits with a first-time deposit bonus, match bonus and even free spins. The bonus will be issued to your account once the funds have reached the casino’s account. You should always take some time to go through the bonus terms and conditions and pay extra attention to the terms that determine the value of the offer. This includes any terms and conditions surrounding the wagering requirements.
Advantages
There are some great things about XRP that will complement your online payment needs. This cryptocurrency has a number of advantages that attract users to utilise financial technology. Let’s take a look at some of the perks when it comes to making casino deposits through Ripple.
Great protection: Ripple payments are extremely secure thanks to the indestructible blockchain technology it’s structured on. Furthermore, you will never need to share any personal information or sensitive financial data when making Ripple transactions.
Larger deposits: You can move bigger amounts of money through the Ripple network. Cryptocurrencies do not have maximum transaction limits like that of standard banking institutions.
Faster withdrawals: Ripple payments move in seconds and therefore you can enjoy rapid withdrawals. You will not have to wait around to enjoy your casino winnings.
No fees: All Ripple peer to peer transactions are free of any fees, so you can move money in seconds, across countries with absolutely no costs.
Disadvantages
Ripple is a cryptocurrency that is not short of attention and has been in the crypto news a number of times. This favoured digital currency has plenty of good, but there are some drawbacks to this cryptocurrency. Let’s take a look at the disadvantages of making Ripple deposits and withdrawals.
Volatile: XRP is a highly volatile cryptocurrency which has risen and dropped in value a lot in its short history, much of this is based on news around the SEC deeming it as a security. XRP has not been deemed a security in many countries, including the UK and Japan and this type of thing makes the price fluctuate. If you purchase XRP at one price, you could be getting less or more if you store the currency in a wallet. You can mostly avoid price volatility by transferring your XRP directly after purchasing it.
Fees
There are no transaction fees when it comes to moving money through the Ripple currency. You can enjoy cost-free transfers in rapid times at no cost. You should be aware that many online casino operators like to add transaction processing fees to every deposit and withdrawal, these fees are completely independent of the payment option. You can find out if your online casino pushes fees by asking the customer service department or finding out yourself through the casino’s FAQ page.
Creating an Account
You do not need to create an account directly with Ripple to use this payment option. You will need to create an account with a crypto exchange. This will mean providing some personal information and confirming your identity through a KYC procedure. Once you are up and running on a crypto exchange you can purchase, store and transfer the XRP currency. You can also store the currency on a hardware wallet that offers better protection.
Depositing
You can load money into your casino playing balance in a few short steps. The process itself is only slightly different from that of making a deposit through a bank card or eWallet gateway. Let’s take a look at the process involved when using Ripple as a deposit method.
- Choose Ripple as your payment option.
- Enter the amount of your deposit.
- You should then be presented with a Ripple wallet code.
- Head over to your crypto wallet and transfer Ripple to the provided wallet code.
- Confirm the transaction and Your payment should be sent.
- Once the funds display in your casino balance you can start enjoying the games!
Withdrawing
You can make a Ripple withdrawal just as easy as a deposit and you won’t have to wait long to receive your winnings. The transfer itself is instant, so time will just be on how fast the casino payments teamwork. Let’s take a look at the Ripple withdrawal steps.
- Head over to the casino cashier.
- Choose the Ripple withdrawal option.
- Enter the amount you wish to withdraw and confirm.
- You should then be able to enter your Ripple wallet code.
- Then the casino will confirm the transfer.
Security
Users can make online payments with rock-hard security through Ripple’s blockchain system. This cryptocurrency means you do not have to supply any sensitive banking details or any personal information that’s usually required with regular banking deposits. This versatile crypto coin has one of the largest market caps in the world of digital currencies and is widely available to trade against various currencies. XRP has survived the early days of crypto and has gone on to build a solid reputation for being fully functional and incredibly safe.
Support
The official Ripple website holds a heap of information on the cryptocurrency and includes an in-depth FAQs page where you can steal a lot of knowledge on the digital currency. What’s more, your chosen crypto exchange will offer a number of support options and plenty of information on the currency. You can also consider reaching out to your online casino’s customer support team that can be contacted by chat, email and sometimes by phone. You will also find an FAQs page that may contain the answer you are looking for.
Availability
Ripple’s XRP is one of the most accessible cryptocurrencies you can use at blockchain casinos. Although it’s not as popular as Bitcoin there are still plenty of online casinos that accept Ripple, and that number is only growing. XRP has all the features you want in a digital currency, including rapid transfer times, no fees, outstanding security and more. This cryptocurrency has a huge number of customers and its ambitions to grow are evident. We are more than likely to see XRP as a deposit and withdrawal option on most online casinos in the future.
FAQ
Can I make withdrawals using Ripple?
Yes, you can send money back to your Ripple account. Withdrawals are usually sent back in a matter of hours.
Are there fees involved with Ripple?
No, there are no fees attached to the crypto chain when making Ripple deposits. However, the online casino operator may have their own deposit and withdrawal fees, independent of any payment method.
What is the best Ripple casino?
We have researched for you so you can view the best casinos that accept Ripple payments and make a choice yourself. We have listed the top-rated Ripple casinos here.
Which online casinos accept Ripple?
Use the list of Ripple casinos to see all online casinos that accept Ripple payments. We filter the casino top list to only show Ripple casinos that accept players from your location.