Best Ripple Casino Sites 2024: Online Ripple Gambling
Since its initial release in San Francisco in 2012, Ripple (XRP) has grown in popularity among online casino players. Check out our in-depth guide on this cryptocurrency below and choose the best Ripple casino for you!
- The Best Ripple Casinos in 2024
- What Is Ripple (XRP)?
- How To Use Ripple at Online Casinos
- Ripple Casino Games
- Ripple Casinos Safety & Security
- Advantages of Using Online Ripple Casinos
- Disadvantages of Using Ripple Casinos Online
- Alternatives to Ripple Casino Payments
- Summary of Pros & Cons
- Summary: Choosing the Best Casinos To Play at With Ripple
- Ripple Casinos FAQs
The Best Ripple Casinos in 2024
- Bitcoin and euros accepted
- Great live casino section
- Amazing prizes, including Lamborghinis
- Mini games with XRM, BTC, LTC, and more
- Live casino games
- Regular promotions
What Is Ripple (XRP)?
Ripple is a cryptocurrency payment system with its own coin, XRP. It was initially designed as a way for banks to transfer money amongst themselves in an easy, cheap, safe, and secure manner, competing with the likes of the SWIFT payment system.
Alongside the transaction system, the XRP coin would help put the world’s banks and their transactions on the secure and verifiable blockchain.
Ripple is a payments system and currency exchange network that uses XRP, a cryptocurrency, for instant international transfers.
Online merchants have since started accepting the XRP cryptocurrency, with some online casinos also having started to follow 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 it a fast and secure cryptocurrency. It was created specifically for the iGaming industry, and is available for regulated operators.
The Value of Ripple (XRP)
Check out this live chart for Ripple's current value when compared to the euro, alongside its trading volume.
The History of Ripple
The original OpenCoin corporation was co-founded by Jeb McCaleb and Chris Larson back in 2012, beginning 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!
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 (i.e. a tradable financial asset) and should be regulated as such, in contrary to other cryptos, which are more decentralised. 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 To Use Ripple at Online Casinos
More and more online casinos accept Ripple as a payment method when gambling online. In order to play at a Ripple casino, you need to be in possession of some XRP coins. Firstly, you’ll need to register for an account on a trusted platform that supports Ripple such as Binance and verify your identity. Once verified, you’ll deposit funds to your account, select Ripple, and decide how much XRP you want to trade.
Once you decide how much you want to purchase, press ‘Buy Now’ and then you’ll find the amount of XRP available in your portfolio.
Short step-by-step process to using Ripple at an online casino:
- Choose a trusted Ripple online casino: We have a list of recommended Ripple casinos on this page, so all you need to do is browse and pick the one that best suits your playing style!
- Open an account: Now you’ll need to register with the online casino you selected, which should only take a few minutes.
- Deposit XRP coins: The process of depositing XRP coins at an online casino should be exactly the same as you encounter when funding a cryptocurrency exchange account at Binance or Bittrex. Click on the casino’s deposit section and select the XRP/Ripple option. Copy the casino’s depositing address, head to your private Ripple wallet, and transfer the funds.
- Cash out your XRP winnings: Once you’ve played at an online casino using XRP and are ready to cash out your winnings, it’s time to withdraw. Open your private Ripple wallet and copy your wallet address. Enter this into the withdrawal section at the Ripple casino, select the number of XRP coins you want to cash out, and click submit.
When it comes to identifying the best XRP casino sites, we have a rigorous testing process to separate the best from the rest. Trustworthiness is crucial, so having a credible certification from a reputable licensing authority like the UKGC is essential. An online Ripple gambling site should include fully-optimised mobile availability, 24/7 customer service, wide variety of games, numerous other payment methods (just in case), and, of course, the best casino bonuses.
Ripple Casino Games
Now we’ll look into the games you can play using Ripple at online casinos. Often you'll find the same options as you would at regular casinos, but there are some differences to be aware of.
Ripple Casinos Safety & Security
Games at Ripple online casinos will either have their games provided by regulated software providers or supply their own Provably Fair games in-house.
Casinos which are marked as Provably Fair, or which have Provably Fair games, employ blockchain technology to prove to their customers the fairness and legitimacy of their games, wins and losses. Games generate a “seed” for the outcome of a spin or turn, which can then be cross-referenced on the blockchain.
Games provided by third-party software developers have a licensing fee attached, which is paid by the casino in question. Top providers will always have a licence from the UKGC or other bodies, while they also must have games certified for fairness by the relevant authorities.
Advantages of Using Online Ripple Casinos
Ripple has become the third biggest cryptocurrency for a reason. It offers a number of important benefits, of which we have listed below.
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 it was made for the banking industry, and only 100 billion XRP have been created, Ripple prevents inflation or deflation from going out of control. Coupled with the fact that big businesses such as American Express, Santander, and Siam Commercial Bank have begun using the currency, this gives the corporation bragging rights over its competitors.
Another advantage Ripple can boast about is the speed of its transactions. This is because it 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.
This may not be the best currency to increase your wealth; however, if you want to send money somewhere else and not see the money significantly increase or decrease during your dealings, then Ripple is definitely the way to go.
Currently, Ripple has its XRP-based remittance platform in 25 countries, and supports a network of banks and financial institutions in 70. 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.
Disadvantages of Using Ripple Casinos Online
Nothing is perfect, and neither is Ripple! After looking into all the currency had to offer, we did notice a couple of issues that limit the usage of XRP when trying it out at casinos accepting this cryptocurrency.
Limited Availability of Ripple Casinos
The clearest and most obvious drawback is that there aren't that many such casinos around. However, this is gradually changing, so there will hopefully be more online casinos accepted 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.
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.
Alternatives to Ripple Casino Payments
As you probably know, XRP isn't the only cryptocurrency being used by the best cryptocurrency casinos. In fact, there are thousands types of crypto casinos that accept different kinds of cryptocurrencies, such as Bitcoin Cash, Dogecoin, Dash, and Zcash. We'll outline a few of the more familiar cryptocurrencies below, all with their own advantages.
Summary of Pros & Cons
- Less volatile than other cryptos
- Easily accessible
- Very versatile
- Low miner’s fees as low as 0.00001 XRP
- High limits at XRP casinos
- Ripple bonuses usually higher than fiat bonuses
- Few XRP casinos available
- Volatility of the crypto market
- SEC Lawsuit
Summary: Choosing the Best Casinos To Play at With Ripple
Whether choosing a Ripple casino or any other, the most important factors to pay attention to are fairness, licensing, game selection and 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 if you find that Ripple doesn't suit your expectations, such as e-wallets, prepaid cards, bank transfer, or even other cryptocurrencies.
Ripple Casinos FAQs
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.
Certainly. If your Ripple wallet is available on your mobile, then transactions from your mobile should be hassle-free.
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.
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.
Deposits and withdrawals with Ripple usually take 3 to 5 seconds, but this may vary with each online casino.
When searching for an online casino, head to the banking options and look for Ripple, XRP, or the XRP logo.
Ripple offers customers a secure, faster, and less volatile method of payment when compared to others.
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.
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.