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While Ripple has numerous benefits for fast, simple, and low-fee transactions, it was originally designed to facilitate transfers for institutions. It was only over the recent years that it has started to be utilized on an individual consumer level. This is why it might not be as widely available at online casinos. That said, there are still a few platforms that offer it as a banking option with great benefits. Below you can find a list of the top Ripple casinos available internationally. This is one of the benefits of cryptocurrencies, the fact that crypto casinos feature almost global availability. Feel free to browse around and find the platform that suits you most. Each one has been thoroughly analysed and reviewed by us so you can get informed on it before potentially creating an account.
Revolution Casino players can claim the €500 + 200 Free Spins welcome bonus and enjoy a 100% match of the deposit as well as 200 Free Spins distributed over 10 days in sets of 20. Wagering req. 35x (deposit + bonus) for cash bonus, and 40x for Free Spins. Players have 10 days to complete wag req. Min deposit is €20.
Revolution Casino players can claim the €500 + 200 Free Spins welcome bonus and enjoy a 100% match of the deposit as well as 200 Free Spins distributed over 10 days in sets of 20. Wagering req. 35x (deposit + bonus) for cash bonus, and 40x for Free Spins. Players have 10 days to complete wag req. Min deposit is €20.
New FuturePlay Casino players can claim 4 deposit bonuses worth up to 4 BTC and 400 Free Spins. Spins valid on chosen slots only. Free Spins wagering req are 40x. First deposit rollover is 40x, other 3 35x. Bonuses valid for 7 days. Min deposit 30 USDT or currency equivalent.
Company Name:
Ripple (XRP)
Headquarters:
San Francisco, CA
Established:
2012
Ripple and its native cryptocurrency XRP was created in 2012. Originally, the platform was meant to serve as a global banking network that facilitates transactions with minimal fees and waiting times. Of course, this meant that it was aimed at financial institutions as the main customer. Through Ripple’s unique P2P platform, institutions could perform transactions in both fiat and cryptocurrencies as XRP supports conversion.
The goal was efficiency rather than privacy as Ripple served as an intermediary for payments. However, over the course of its development, the benefits of Ripple deposits like low fees and fast transfers started to be utilized on an individual level. Still, XRP remained different from other cryptocurrencies as it was not fully decentralized.
This means that while security is at a maximum level, privacy might not be as big of a focus. XRP, therefore, achieves faster and cheaper transactions at the cost of anonymity. The semi-decentralisation also means that the blockchain technology nodes used for payment confirmation are owned by Ripple instead of individual users.
Essentially, this was a concern for many but Ripple’s company policy has sof ar been very careful and conservative. They periodically release XRP tokens into circulation and methodically maintain a stable value avoiding inflation and deflation. Users still need to buy XRP at exchanges and store it in crypto wallets for online casino use. In this regard, it is used in the same way as Bitcoin.
As always with crypto casino gaming, you have to choose and create an XRP crypto wallet before depositing. There are many options in terms of if you want one for mobile, desktop, or hardware option. Wallets can provide an additional layer of security as well as further determine fees. Once you have some XRP in your wallet from an exchange, we can start gambling.
Remember to check out our top Ripple casinos list for some reputable options. Without further ado, this is how you can perform a XRP casino deposit:
You might have to confirm the transaction with your mobile device if you are using 2FA. From here, your money will arrive in your account shortly after and deposits are usually fee-free.
Withdrawals are almost identical and also utilize a unique crypto address for transferring funds. Make sure you completed any wagering requirements before withdrawing to avoid unnecessary issues.
This is how to withdraw from a Ripple casino:
Ripple casino withdrawals are among the fastest in the market so you will not have to wait long before your winnings are in your wallet.
There is a difference between fees imposed by the XRP platform and your online casino. In general, online casinos rarely impose a fee on Ripple deposits and withdrawals. This is something you can check in the Payments section of your casino. We do not recommend gaming at online casinos that charge hefty fees for cryptocurrency transfers.
On the other hand, the XRP ledger does incur fees that are currently around 0.00001 XRP or 0.1% to 0.4% from your crypto wallet. These are minimal values that do not amount to even $0.1. Therefore transactions using this method are one of the cheapest in the market.
Minimal waiting times are also a benefit as withdrawals are quite fast. Deposits are processed in a manner of seconds while withdrawals are not far behind. This is the reason why most reviews say that crypto cashouts are instant.
All in all, Ripple does come with some positives and negatives. The platform is not fully decentralized as many other cryptocurrencies. Ripple owns all the blockchain nodes and distributes XRP to the market themselves. That said, the transaction speeds and fees are some of the best in the industry since this crypto was built for efficiency.
Furthermore, it is one of the most stable and non-volatile tokens thanks to the careful and conservative policies of the Ripple team. Even though it is not available in most online casinos, it is still a highly secure and viable gambling option for experts and beginners of the crypto world alike.
One last benefit of using Ripple is that it is a viable casino gaming option in certain areas of the world like the US. Crypto casinos and tokens like XRP are highly popular in the US since gaming using cryptocurrencies is not strictly considered gambling.
