Ripple (XRP) Casinos- All you need to know guide.
The online gambling industry has grown far beyond what anyone could have ever anticipated. By referencing recent data supplied by statista.com, we can see that online casinos were valued at an annual rate of $59 billion for 2020.
The online gambling industry is expected to grow by a compounded annual growth rate of 11.5% between 2020-2027, reaching $127 billion by 2027.
It would appear that everywhere you look there’s a cryptocurrency being launched, being traded, and being accepted as legal tender by online casinos.
Today you will be introduced to yet another one that has created a storm in the world of casino games, and it is none other than Ripple. Well, technically it would be XRP and we’ll explore that distinction in greater detail below.
What is Ripple?
Ripple is a is a currency exchange and non-commercial money transferring network that was created by Ripple Labs Inc, which is an American technology enterprise. It was originally ideated by Jed Caleb who approached Arthur Britto and David Schwartz to build the network. Upon building a very early version of the network, the trio approached ICO advisor and early-phase consultant, Ryan Fugger. Fugger developed a program called OpenCoin which would eventually become Ripple.
Some time after, they developed their own digital currency called XRP. There are only 100 billion XRP coins that will ever be produced, with 45 billion of them already in circulation at the time of writing this review. XRP was created for the purpose of allowing financial institutions to transfer money at incredible speed with no chargebacks and very low fees, as a matter of fact Ripple has the lowest transactional fees of any crypto in the industry.
Ripple makes use of a shared ledger much like Bitcoin and many other cryptocurrencies, and this ledger is a peer-to-peer database that contains information about all Ripple accounts. The Ripple blockchain verifies accounts and balances, while simultaneously delivering payment notification in just seconds.
In 2012, the first build of Ripple was released, and it supported cryptocurrency, fiat currency and other units of value. Less than a year later in 2013, Ripple Inc reported that several banks showed interest in using the payment system, and a few months after that in 2014, Ripple was introduced to the American banking system. Four years came and went and by 2018, over 100 banks had been using Ripple’s XCurrent messaging service for bilateral and intra-bank operations. Some of their largest clients include American Express, MoneyGram and the Spanish, Santander Group The popularity of Ripple amassed a market cap of $43 billion, ranking at #6 on coinmarketcap.com, in September 2021.
The innovation of Ripple’s blockchain allowed for the creation of XRP gambling sites and Ripple online casinos which gives casino players an alternative to some of the other crypto gambling sites they had been using.
Ripple Gambling Guide
You might be wondering why you should gamble with Ripple XRP coins, and there are several reasons why this could be beneficial to you.
One of them being that Ripple casinos are decentralized, and that means that you can analyze their legitimacy from their blockchain, this transparency should put most players at ease.
Still, it’s possible you may have some doubts, and that is fair as there have been casinos that have ripped players off, and while we condemn such establishments that betray their patrons in such a way, we are confident you won’t find that same experience with Ripple casinos.
Many of these Ripple casinos are provably fair, and if that isn’t enough it is worth noting that you keep your Ripple XRP crypto in your Ripple XRP wallet, so that diminishes any chances of your funds being looted.
Ripple’s machine makes use of supernodes spanning across an international network that allows for incredibly fast transactions, up to 1500 per second, and Ripple Inc have claimed that they could scale their transactions to 50 000 per second. Meaning deposits and withdrawals are processed almost instantly.
These are our recommendations on the very top XRP gambling sites and Ripple XRP casinos available globally, some of which will contain additional Ripple XRP casino bonuses:
Ripple Casinos and XRP Online Casinos, is there any Difference? How Can I Play?
Ripple and XRP casinos are used interchangeably, if you find casinos preferring one title over another, do not be deterred as you will be using XRP crypto on either platform regardless of the name.
If you’ve made it this far, you’re definitely interested in Ripple gambling and what it has to offer, and the first step would be to get a Ripple wallet if you don’t already have one.
The most popular Ripple wallet among users is Binance, which can be downloaded via Google Play and iOS App Stores for free.
The next step would be to purchase some XRP Ripple crypto and you can do this from within your wallet or you could, find a list of exchanges that you can choose from including Poloniex among others.
Once you have bought your XRP Ripple crypto, you will transfer them into your wallet and then deposit those funds into any of the best Ripple casinos.
We are confident that your Ripple gambling experience will be smooth, packed with loads of fun, and safe as the provably fair algorithm gives you peace of mind.
To aid you in that pursuit of fun, we have put together a list of recommendations for the very best Ripple casinos and XRP casino sites available globally:
Ripple Gambling Sites and Provably Fair
Provably fair is a feature that works with an algorithm based on blockchain technology that allows players from around the globe to verify how fair the games they’re playing online are.
For them to be able to do this, the casinos work with blockchain technology and use a special code they have coined the ‘provably fair algorithm.’
When the game is done the results are generated with an encrypted key and that key is sent to the player with another key that will allow them to verify just how correct (provably fair) the casino games are.
The information is entirely cryptographic and is not managed by the XRP casinos and if the information proves to be the same as before, then the game is said to be ‘provably fair.’
Ripple XRP Casino Games
The Ripple casinos have made it a matter of importance to have a better selection of games on their platform as compared to any rival crypto casino.
All Ripple casinos offer a selection of classic real-world games, table games, slots, and more for you to start playing on their platform. Some of these online games include:
Ripple Dice – Dice games are seen as rather exciting by most online gamblers and with the various Ripple casinos, you can find titles that are unique in their own right.
These Ripple dice games are safe for players as they employ a provably fair system.
Ripple Slots – Slots are some of the most historically popular games among online gamblers. Ripple casinos will usually have a number of slot games on their platform that wouldn’t typically be made available by other crypto casinos. Slot games are verifiable via the provably fair algorithm.
Ripple Roulette – A true classic of the table games that remains popular with casino players throughout the ages, roulette is one of the most played games among Ripple and XRP casinos.
You will also have the option of playing Real Money Live Dealer Roulette which features an interactive interface that you will use to place bets, live chat, varied camera angles, and an entertaining host.
Ripple Blackjack – Another classic among casino games that is one the very best Ripple games you can play, and with blockchain-based playing online gamblers can rest assured knowing the games they play are safe provably fair.
Like roulette and slots, the Ripple casinos will offer more than one version of blackjack including single-hand blackjack, and multi-hand, where you can enjoy a low house edge and potentially increase any winnings that will be deposited to your wallet.
Ripple Virtual sports betting – The Ripple casinos take no shortcuts when ensuring you have a variety of sports to bet on including games like football, tennis, basketball, and more.
Ripple sportsbooks offer really competitive odds that are especially attractive when games play.
Ripple Video poker – The Ripple casinos boast a large number of players that have been growing over time. This can be due to the fact that the gamblers like the provably fair feature that comes along with video poker and they also relish playing with a low house edge each time they play.
The Ripple casinos also offer other live casino games to play, lottery, and lottery-styled games, scratch cards, and much much more.
The various Ripple casinos have dedicated their efforts to ensure that you are satisfied whether you enjoy social gaming or competitive gaming and everything in between.
Ripple XRP Casino Bonuses
There are different kinds of bonuses that are offered depending on which one of the various Ripple casinos you choose.
The vast majority of casinos offer welcome bonuses, then you may find promotional bonuses, free spins, and in some cases, jackpot bonuses.
Of course, before claiming any bonus it is important that you look out for any wagering requirements. Some of these bonuses include:
Welcome bonus – A number of Ripple gambling sites generally offer generous deposit bonuses that increase your initial deposits by a particular percentage and sometimes the deposit bonus can be up to 100%.
Promotional bonus – Ripple gambling sites offer various kinds of promotional bonuses including a no deposit bonus, which allows gamblers to play games without depositing any of their own money into these casinos.
That gives the player an opportunity to test out the various Ripple gambling sites and see which one offers the best Ripple gambling experience.
Free spins – The Ripple gambling sites offer free spins to the gamblers playing slots, some of them even offering up to 100 free spins.
Progressive jackpots – With this type of bonus, the prizes keep increasing until a player wins the jackpot.
The players receive a particular amount of free spins, additionally, Ripple gambling sites may offer rewards that the players can claim while they use their free spins. Be sure to check for any expiry dates on your free spins or any other kind of bonus.
Ripple Casino Pros & Cons
|A major selling point of XRP casinos and XRP, in general, is the incredibly fast processing of deposits and withdrawals, this proves very useful to players who don't want to keep their tokens in the casino or in their wallet. At present Ripple has the fastest transaction processing time among all cryptocurrencies. It is said that as many as 50 000 transactions can be processed per second, which is unheard of.||Ripple Inc and it's associated product are absent from many of the development lists available online, so we could speculate forever and say that they are concealing the development of applications on their platform from the public but that is rather unlikely.|
|Rest assured with the XRP network you wouldn't be waiting nearly as long to have your deposits and withdrawals processed as you would with Bitcoin or Ethereum.||This tends to make investors, traders, and gamblers nervous as they are unable to use any of the data to inform their decisions. Long term, it could potentially damage the trust people have in Ripple and XRP.|
|Ripple online casinos offer a sense of control and security for its users because its ledger is very private as it keeps all the information of the players 100% private.||One of the biggest drawbacks where Ripple is concerned is the fact that it is a centralized cryptocurrency and this means that Ripple and XRP can be affected by RippleLabs executives and even government.|
|Ripple, unlike various other cryptocurrencies which are problematic for mainstream enterprises, is recognized and accepted by banks from all over the world including the internationally famous, American express.||Additionally, Ripple and XRP are very sensitive to negative news and media.|
|Due to the fact that Ripple has garnered the support of over 100 banks, Ripple's legitimacy is considered to be much higher than any other crypto. Meaning that your investment is very unlikely to disappear and become worthless overnight.||One final thing to note is the possibility that certain XRP gambling casinos may not be available in your region because they are geo-restricted, but this can be overcome by the use of a VPN.|
|Ripple gambling sites have some of the best and most innovative slot games as compared to other crypto casinos, offering a selection of titles that aren't available through other gaming casinos.|
|This is not only limited to slots and dice as Ripple Inc are expanding their selection of peer-to-games and virtual casino games like live poker.|
|The vast majority of the XRP casino games operate on the provably fair algorithm, meaning your bets are safe and you are not at risk of being robbed by the casinos.|
Ripple Casino Withdrawals
Once you have opened your XRP gambling account and you have a positive balance, you should be able to find a deposits and withdrawals option from the menu tab. Once you have selected it, you will enter the amount you would like to withdraw and then follow the prompts.
You can expect a very fast, almost instant XRP deposits into your XRP wallet as Ripple can process 1500 transactions per second..
Depending on your personal preference and the casino that you chose, you may or may not be required to provide KYC information. Be sure to check the withdrawal process on the casino’s website before attempting any transactions.
Transactions processed on the XRP blockchain are incredibly safe as they are recorded into ‘blocks’ and issued a time-stamp from the blockchain. This results in a complex digital ledger that makes it extremely difficult for hackers to attack.
Additionally, the casinos make use of two-factor authentication which provides another layer of protection for online users.
Ripple Casino Customer Support
Depending on the XRP gambling site that you have selected, there will be different options for reaching customer support.
The most common are email and the 24/7 Live Chat which will generally be operated by an AI Robot.
Some XRP casinos may list a contact number, and in some cases, these numbers are toll-free. Some casinos may list their physical address, and if it’s in your vicinity you could opt to reach support from their offices.
This overview has extensively gone over Ripple and XRP casinos, their many benefits and offerings. We compared the vast advantages that XRP casinos have over other online casinos, as well as the greater selection of games as compared to Ripple’s competitors.
These unique games are creating a surging interest in XRP gambling whichise becoming more and more popular as the Ripple network continually proves its prominence and significance in the online gaming and crypto industry.
There is an array of exciting benefits waiting for gamblers on the other side including the best transaction processing speeds, some of the most innovative gambling sites which are exclusive to XRP due to its blockchain-based development protocol, an ever-expanding XRP network, and a relatively low house edge that makes for an excellent gaming experience.
However even with all these benefits comes with a certain measure of risk, and it would be only prudent of you as a responsible gambler to do your research on the various XRP casinos you may be interested in gaming with.
Despite the bearish nature of the cryptocurrency market as of late, the XRP statistics, research, and analysis predict that XRP is likely going to be on the rise over the next several years as cryptos become more popular and widely accepted globally.
XRP offers an exciting alternative, we encourage you to try it and play responsibly.
TRON Casino FAQ’s
Ripple is a blockchain developed by Justin Sun and the Ripple Foundation in 2017, with a payment system powered by a cryptocurrency called TRONIX (XRP for short.)
Transactions processed on the XRP blockchain are relatively safe as they are recorded into ‘blocks’ and issued a time-stamp from the blockchain, creating a complex digital ledger that makes it difficult, but not impossible, for hackers to attack. For extra protection, XRP casinos make use of two-factor authentication.
Transactions on the XRP blockchain are almost instant, which is very helpful for players wanting to withdraw their crypto to their wallets or wanting to make a deposit without excessive waiting times, as the XR[ blockchain processes at least 2000 transactions per second.
Additionally, XRP casinos are especially notable for the dividend sharing system as players have the option of earning dividends in the form of XRP cryptocurrency, which adds an exciting; additional income stream to supplement their online gambling.
First, you would need to download a XRP wallet from either the Google Play or iOS App Stores, once you have registered and confirmed then you may purchase XRP cryptocurrency.
Once you have a positive balance of XRP crypto then you may refer to our list of the very best XRP casinos globally, sign-up with them for free, and provide them with all of your relevant information.
Finally, you would then deposit XRP from your wallet into your casino account and then you’re free to play.
No, a XRP casino is just another name for a Ripple casino. Both of them use XRP coins on their platform as their cryptocurrency of choice.
There are a number of different bonuses offered by XRP casinos including deposit bonuses, promotional bonuses, and jackpots.