Best Ripple Casino 2022: Top Ripple Gambling Sites
Since its initial release in San Francisco in 2012, Ripple (XRP) has grown in popularity not only among blockchain users globally, but also with online players worldwide at cryptoCasino. Let’s take a look at what Ripple is and our favourite Ripple Casino out there.
- What are the best Ripple Casino of 2022?
- What Is Ripple (XRP)?
- How Does Ripple Work?
- Fees & Limits When Using Ripple Casino
- Disadvantages of Using Ripple Casino Online
- Ripple Online Casino Games Available
- Is Ripple Secure & Are XRP Casino Legal?
- Alternatives to Ripple Casino payments
- Summary: Choosing the Best Casino to Play with Ripple
- Ripple Casino FAQs
What are the best Ripple Casino of 2022?
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- Rocketpot.io – 3,000+ games with cryptocurrency
- Betflip – Accepts Ripple as deposit and withdrawal method
- Wildtornado – Awesome VIP Tornado levels
- Justbit.io – Play with Bitcoin or dollar
- Rolletto – Mini games with XRM, BTC, LTC and more
What Is Ripple (XRP)?
Ripple has become a transparent and secure way for banks to relay cash instead of the more traditional SWIFT payment system, using Ripple’s cryptocurrency called XRP.
Ripple is a payments system and currency exchange network that uses XRP, a cryptocurrency, for instant international transfers.
Ripple was never designed to become a payment method. Rather, it was created for the use of transferring different currencies and commodities. However, merchants worldwide have started accepting the XRP cryptocurrency, and some online Casino have also started following this trend.
It's also worth explaining what CasinoCoin is and its link to Ripple. In simple terms, CasinoCoin is a cryptocurrency that uses the source code of Ripple to create their blockchain, making CasinoCoin a fast and secure cryptocurrency. It was created specifically for the iGaming industry, and is available for regulated operators. See all CasinoCoin Casino in the linked article.
The Value of Ripple (XRP)
Check out this live chart for Ripple's current value when compared to dollar, alongside its trading volume.
The History of Ripple
The original OpenCoin corporation was co-founded by Jeb McCaleb and Chris Larson back in 2012, and began the development of the Ripple payment and exchange network. By 2013, OpenCoin was renamed to Ripple Labs.
During 2016, Ripple obtained a virtual currency licence and became the fourth currency to have a BitLicence. By 2017, the value of the XRP cryptocurrency increased 30 times in value. Ripple value had never been higher!
Ripple now has a huge customer base, with American Express, MoneyGram, and Santander Group being a few of the more reputable ones. Ripple (XRP) is now the third-largest cryptocurrency used around the globe, only behind Bitcoin and Ethereum.
Recent controversy – SEC Ripple Lawsuit
Ripple and the company behind it have recently come under scrutiny. As the crypto is privately managed by Ripple Labs, there is now a US lawsuit alleging that Ripple is in fact a security and should be regulated as such, in contrary to other cryptos, which are more decentralized. For the time being, the sale of XRP is no longer possible for US customers at crypto exchanges. The lawsuit is expected to be settled by 2023, and it results could have major implications for many similar cryptos, especially whether determining which ones may be considered as securities.
How Does Ripple Work?
Ripple is a peer-to-peer network that uses trusted gateways for the transfer of currencies or assets. It is mainly intended for use by banks, and facilitates transfers between two parties, using XRP as an intermediary. It works for transferring fiat currencies, such as dollars, Pounds or US dollars, but also for transferring cryptos or even other assets.
The way Ripple works can be compared to an advanced system of IOUs. It works as an intermediary between agents, using XRP for instant transfers over the Ripple Network
In order to explain this, let us use a simplified example.
- Lets say Steve wants to send money to Kate (this could be cash, crypto, or even other types of assets). Now, they are not in the same country and thus must use an agent or payment platform.
- They choose to use agents. These could be online payment platforms, or even banks.
- Steve gives money to Agent A, who would then relay the funds to Agent B, who is Kate’s Agent.
- Instead of giving the funds directly to Agent B, Agent A chooses to make a transfer in XRP. He sends him an IOU of XRP, which can only be released if Kate confirms she has received the funds.
- As soon as Kate confirms she has received the funds, Agent B uses a password to receive his funds in XRP.
In reality of course, the process is more technical, though with the above method, transactions can be as quick as 3 to 5 seconds.
Ripple Wallets and Exchanges
While the way Ripple technically works may vary from other cryptos, you can use the same wallets and exchanges as you can for other cryptos.
Ripple Wallets Online
Why is a Ripple wallet necessary? Well, just like when using physical money, you need a place to store, transfer, and manage your hard-earned money. When dealing with cryptocurrencies, wallets are necessary for the buying, trading, and selling of different currencies. This makes them an essential tool when dealing with cryptocurrencies. You can choose between both virtual and physical wallets on which to store your XRP. Popular virtual wallets include Crypterium and Atomic Wallet.
Ripple exchanges
With the blockchain industry booming, there are plenty Ripple exchanges to choose from, and most have their own virtual wallets. You can buy and sell XRP on almost all popular exchanges, such as Binance, Coinbase, Crypto.com, etc.
How Do I Use Ripple Casino Online?
Using your XRP to play at an online casino works just like any other crypto really. As long as you have XRP in your wallet, you can make fast and easy deposits and count on equally fast and reliable withdrawals. As long as you know your wallet address, you are good to go.
Deposit to an Online Ripple Casino
Depositing to a Ripple casino couldn't be easier. As with other cryptocurrencies at online Casino, simply head to the banking page, search for the Ripple deposit method, and select the amount you wish to deposit.
The casino will then give you a QR code that you can scan with your mobile or laptop. After this, confirm and enter your Ripple wallet’s unique address code to authorise the transaction. Wait a few seconds and your Ripple casino wallet should be topped up and ready to go! If you’re looking to deposit to your favourite Ripple online casino, simply follow the below steps:
Making a XRM casino deposit
- Select “Ripple (XRP)” from the banking options available.
- Enter the amount you want to send, and scan the QR code.
- Input your unique Ripple wallet’s address code to authorise the transaction.
Withdraw from a Ripple Online Casino
Withdrawing from a Ripple casino is simple and very similar to depositing. When you're ready to withdraw, go to the casino’s banking page and choose “Ripple (XRP)“. Then, enter your external wallet address and the amount you want to withdraw. Once cleared by the casino, the XRP coins should appear in your Ripple wallet.
Making an XRM Casino Withdrawal
- Go to the banking page.
- Choose your withdrawal amount.
- Fill in your wallet address.
- Confirm
Fees & Limits When Using Ripple Casino
One of the biggest benefits of using Ripple compared to other cryptocurrencies (or any currency) is the fees that Ripple charges. The cost of a transaction when using Ripple is 0.00001 XRP. So, with the amount of 1.0 XRP being $0.62 at the time of writing, this means that, when settling anything using Ripple, the fees are almost non-existent.
XRP Casino Fees and limits
Ripple Transfer fees | 0.00001 XRP |
---|---|
Miner’s Fees | 0 |
Casino processing fees | Usually 0 |
Deposit limits | Up to 5BTC monthly |
As for the limits of using Ripple, that's down to each casino with regards to their minimum/maximum deposit amounts, though most crypto Casino let punters deposit up to 5 BTC or equivalent per month, which is, as we can imagine, more than enough for a normal player.
Pros
- Reliable
- Fast
- Less volatile than other cryptos
- Easily accessible
- Very versatile
- Low miner’s fees as low as 0.00001 XRP
- High limits at XRP Casino
- Ripple Bonuses usually higher than fiat bonuses
Cons
- Few XRP Casino available
- Volatility of the crypto market
- SEC Lawsuit
Advantages of Using Online Ripple Casino
Ripple has become the third biggest cryptocurrency for a reason. There are many benefits when using Ripple throughout the crypto world, so let’s find out why it continues to grow.
- Reliability
Ripple is neither the same nor as big as Bitcoin or Ethereum, but it does offer peace of mind to those wishing to use XRP as their chosen cryptocurrency.
As Ripple was made for the banking industry, and only 100 billion XRP have been created, it stops ridiculous inflation or deflation from happening. Coupled with the fact that big businesses such as American Express, Santander, and Siam Commercial Bank have begun using Ripple, this gives the corporation bragging rights over its competitors.
- Speed
Another advantage Ripple can boast about is the speed of its transactions. Ripple was designed in a completely different way to Bitcoin, where one has to solve complex equations for verification purposes while mining for more coins that go into circulation at the same time.
XRP has already mined all of their coins (all 100 billion of them) and uses a trusted node list that determines whether a transaction is valid. This allows Ripple to send money from one to another within 3 to 5 seconds. Talk about speedy service!
- Lack of Volatility
As Ripple is centralised and its coins have already been mined, this creates a lack of volatility for the cryptocurrency. This is an added plus for an online currency made to help banks make international transactions.
For the online cryptocurrency squad trying to increase their wealth, this may not be the best currency. However, for someone who wants to send money somewhere else and not see the money significantly increase or decrease during their dealings, then Ripple is definitely the one to use.
- Accessibility
Currently, Ripple has its XRP-based remittance platform in 25 countries, supporting a network of banks and financial institutions in 70 different countries. Some of these partnerships include Moneygram, Ria, and TransferGo. This vast outreach is something other cryptocurrencies can't offer, making dealings with Ripple very accessible, as well as hassle- and stress-free.
- Versatility and low fees
Another advantage of Ripple is its versatility, as it's used as a mediator between different currencies (fiat currencies or cryptocurrencies). This allows for money transferals of one currency to another with minimal charges.
When this is tied in with the lack of volatility mentioned above, it proves to be a great way for users to move money around without having to think about heavy fees or huge losses of money through inflation.
- Ripple Bonuses
Ripple Bonuses are often much bigger than those in fiat Casino. You can often get a welcome bonus of 100% up to 5 BTC or XRP equivalent. Compare that to the $/$/£ 100 you will probably get at a regular casino and the difference is exponential.
Disadvantages of Using Ripple Casino Online
Nothing is perfect, and neither is Ripple! After looking into all Ripple had to offer, we did notice a couple of issues that limit the usage of XRP when trying it out at Ripple Casino.
- Limited Availability of Ripple Casino
The clearest and most obvious drawback is that there aren't that many Ripple Casino around. However, this is gradually changing, so there will hopefully be more online Casino offering XRP as a payment method in the near future.
- Volatility of the crypto market
While XRP was, until recently, one of the most stable cryptos, the volatility of the crypto market can have an effect on the value of your crypto assets, though this volatility may be precisely why some people buy cryptos in the first place.
- SEC Lawsuit
The recent SEC lawsuit against Ripple has had a negative effect on the value of XRP, as well as effectively banning US residents from purchasing it until further notice.
Ripple Online Casino Games Available
There aren’t any specific XRP games; nevertheless, Ripple users are still able to enjoy many fantastic casino games, some of which we've mentioned below:
While you can play almost any type of game at XRP gambling sites, many blockchain sites have dedicated games specifically for blockchain. In this type of games, you get to see the source code yourself, so you know they are 100% reliable.
Besides blockchain slots, many crypto Casino also have the same menu of videoslots you will find at any other online casino. Choose from thousands of classic slots, modern videoslots, progressive jackpots, and everything else.
Of course, you can also use your XRP to bet on live dealer casino games. These include roulette, blackjack, baccarat, casino poker, game shows, and more.
Crash gambling is a popular crypto game where players guess the best time to cash out their bet before the increasing multiplier ‘crashes'. You can play crash gambling for free on Top10-CasinoSites.
Is Ripple Secure & Are XRP Casino Legal?
Of course, when dealing with any cryptocurrency, you should take volatility into account. This is usually because the markets inflate or deflate a currency dramatically. Only ever use money that you can afford to spare should the unthinkable happen.
However, Ripple drastically reduces the chance of losing a vast amount of money in a short time thanks to its quick transactions, a lack of volatility, and accessibility of the currency.
How Ripple Casino’s demonstrate fairness
Most crypto Casino themselves have a set of safety measures in place that ensure safety for you, your deposits, and your crypto winnings.
- Licencing and regulation
If you choose a Ripple casino, you’ll want to consider whether it has a licence. These days, many crypto Casino are licenced in Curacao, one of the most important governing bodies when it comes to online Casino. All trusted online Casino are gambling sites with a license from a reputable jurisdiction.
You’ll generally find the license of a particular casino site at the footer of the website’s homepage.
- Proven fair games
As gambling with XRP or any other crypto has a higher degree of anonymity, many Casino provide certificates that demonstrate their games are provenly fair. This means that you are free to check the RTP scores and payouts for each casino game, as all information is displayed transparently.
- Access to the games source code
Sometimes the source code of the games is even released, so you could (with a bit technical knowledge) check for yourself whether the games are fair or not.
Alternatives to Ripple Casino payments
As you probably know, XRP isn't the only cryptocurrency being used by online crypto Casino. In fact, there are thousands types of crypto Casino that accept different kinds of cryptocurrencies, such as Bitcoin Cash Casino, Dogecoin Casino, Dash gaming websites, and Zcash gaming websites. We'll outline a few of the more familiar cryptocurrencies, all with their own advantages.
Bitcoin Casino, also known as the king of cryptocurrencies, has been around for a long time. There are many reasons why people like to use Bitcoin when they're playing at their favourite online Casino, be it for its worldwide appeal, the fact that it's decentralised or its wide availability.
Although Bitcoin is the crypto king, Ethereum may well be on its way to claim the crown – it's the second-largest and second-most used virtual currency around. Some favour Ethereum because it allows for quicker transactions than Bitcoin, and offers its customers anonymity when using it. Its low fees also make this cryptocurrency a popular choice among blockchain users. See all Ethereum Casino to get an overview!
Not nearly as big as the other two, but still popular nonetheless. Why? Well, that’s because Litecoin, which is similar to Ethereum, is faster and has a better proof of work algorithm than Bitcoin. In addition, it has super low fees when sending money to somebody else.
Summary: Choosing the Best Casino to Play with Ripple
When choosing a Ripple casino, or any other, the most important factors to pay attention to are fairness, licencing, game selection and Ripple Bonuses. For your convenience, we have listed the best crypto casino XRP options currently available. Of course, there are plenty of other casino payment methods from which to choose. Check out our articles on other cryptos or e-wallets if you are having trouble finding an online casino that accepts you. Good luck!
Ripple Casino FAQs
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Yes. When making a transaction with Ripple, you'll be charged 0.00001 XRP, which is less than one penny. However, do check with your Ripple casino in case they charge additional transaction fees.
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Certainly. If your Ripple wallet is available on your mobile, then transactions from your mobile should be hassle-free.
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No transaction is 100% safe. However, Ripple makes its currency as safe as possible for sending and receiving money, while not losing money on deflating markets.
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It depends on the country. Depending on where you are, the rules for using Ripple vary a lot. However, it currently has partners in 70 countries worldwide, and is still expanding its network.
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Deposits and withdrawals with Ripple usually take 3 to 5 seconds, but may change with each online casino.
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When searching for an online casino, head to the banking options and look for Ripple, XRP, or the XRP logo.
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Ripple offers customers a secure, faster, and less volatile method of payment when compared to others.
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We've gone into detail about the best Ripple online Casino in 2022 above. However, our top 3 are 1xSlots, CasinoFriday, and Casinoin.
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Yes. XRP gambling sites are legitimate. Just make sure that you're on a safe and secure online casino, and you should be good to go. We recommend taking a look at the list of the best XRP gambling sites above, as we've checked them to make sure they meet all our requirements.
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For Ripple betting, we recommend Rocketpot.io, Betflip, or Wildtornado. Check out our full list for even more options!
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You can use XRP just like any other crypto in the online casino or betting site. Log in, open the payments page, choose XRP, and confirm the transfer via your wallet app.
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Ripple is designed for international money exchanges; however, many Casino have also begun accepting XRP for deposits and withdrawals.
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