Ripple Casinos (XRP) is a controversial cryptocurrency among blockchain enthusiasts. Despite the recent legal troubles, it is still supported by major companies around the world and is a very practical payment processing coin. And, you can use it at some of the best online casinos.
Ripple was invented by Jed McCaleb and developed by a San Francisco company called Ripple Labs. It is an open-source protocol that supports payment processing and currency exchange. This makes it possible for other currencies to work based on the XRP technology, such as CasinoCoin.
Although Ripple’s system shares some similarities with Bitcoin’s blockchain coding, it excels at processing payments for:
- Fiat currencies
- Valuable items
- Reward programs
The Ripple trading exchange also allows users to implement the protocol into their own systems. This way, the transaction is processed immediately. However, despite having market share, online casinos that accept Ripple are not as accepting as niche coins like Dogecoin. This may be due to price volatility and major coin instability due to events such as the recent official investigation into the Ripple company.
Nonetheless, Ripple casinos or XRP casinos are still on the rise along with other cryptocurrency casinos.
Best Casinos To Play With Ripple
Are you looking for the best Ripple casinos where you can enjoy all the fun of XRP gambling? You are in the right place.
All casinos listed bellow rate highly in the following criteria:
- Reputable and trusted casinos.
- Have fair games or games from trusted vendors.
- Available in multiple languages.
- They have bonuses or other ways to get your money’s worth, like B. Low house edge.
- Allow you to play games anonymously or keep your private information safe.
Our Best Casinos To Play and Deposit with Ripple are:
Casino Games You Can Play With Ripple
As mentioned earlier, more and more casinos offer Ripple as a payment method. Therefore, today Ripple Casinos offers almost all casino games including:
- Slots: Slots from well-known providers like NetEnt, innovative games from new brands, and provably fair games are all available at XRP Casino. Unfortunately, jackpot slots are not easy to find.
- Blackjack: As expected for such a popular game, you can play Ripple blackjack games in the live casino or table games section of most XRP gambling sites.
- Roulette: Ripple roulette games – live or video – are often found at the same casinos offering XRP Roulette. Both American and European tables are available.
Advantages of Using Online Ripple Casinos
Ripple is the third largest cryptocurrency for a reason. There are many benefits to using Ripple throughout the crypto world, so let’s take a look at why it continues to grow.
- Reliability: Ripple is different or bigger than Bitcoin or Ethereum, but it provides peace of mind for those who wish to use XRP as their cryptocurrency of choice. Because Ripple was designed for banking and only 100 billion XRP was created, it prevents ridiculous inflation or deflation from happening. Combined with the fact that big companies like American Express, Santander and Siam Commercial Bank have already started using Ripple, this gives the company the right to show off to its competitors.
- Speed: Another advantage that Ripple can boast is its transaction speed. Ripple’s design is very different from Bitcoin, which requires solving complex equations for verification while mining more coins to enter circulation. XRP has mined all of their coins (all 100 billion) and uses a list of trusted nodes to determine if a transaction is valid. This allows Ripple to send funds from one to another in 3 to 5 seconds. Talk about fast service!
- Lack of Volatility: Since Ripple is centralized and its tokens are already mined, this leads to a lack of volatility in the cryptocurrency. This is an added advantage of online currencies designed to help banks conduct international transactions.This may not be the best currency for online cryptocurrency teams trying to increase their wealth. For those who want to send money elsewhere and don’t see a significant increase or decrease in funds during the transaction, Ripple is definitely for you.
Disadvantages of Using Ripple Casinos Online
Nothing is perfect and neither is Ripple! After examining everything Ripple has to offer, we noticed some issues with restricting the use of XRP when trying it out at Ripple casinos.
- Limited Availability of Ripple Casinos: The most clear and obvious disadvantage is that there are not so many Ripple casinos. However, this is gradually changing, so hopefully more online casinos will offer XRP as a payment method in the near future.
- Volatility of the crypto market: While XRP was one of the most stable cryptocurrencies until recently, volatility in the cryptocurrency market can affect the value of your crypto assets, although this volatility may be the reason some people buy cryptocurrencies in the first place.
XRP is a fast cryptocurrency payment option with low transaction fees, ideal for Ripple gambling (XRP casinos) and sports betting sites. While there are far fewer Ripple casinos than Bitcoin casinos, there are a few good options that allow you to play XRP.