Pros and cons of using a Ripple casino
Ripple: Pros & Cons
- Rapid transaction speeds
- Easy to access in over 25 countries
- Minimal currency volatility
- Low transaction fees on Ripple casinos
- Limited availability of Ripple-accepting casinos
How do you acquire Ripple cryptocurrency?
Getting started with the Ripple cryptocurrency has a simpler entry point than other cryptocurrencies. This is largely down to the success of the RippleNet exchange, which leverages advanced blockchain technology to facilitate the secure and transparent transfer of currencies and data.
If you’re looking to buy Ripple, here’s a step-by-step guide on how:
- Choose your preferred storage method:
Before you buy Ripple, decide how you’ll store it. You can either go with an online “wallet” or an external storage device, like a hard drive. For convenience, we would recommend an app-based wallet.
- Select an XRP exchange:
Most crypto exchanges let you buy Ripple, so it’s just a case of finding your preferred provider. You can also use a Ripple broker to score a more competitive deal.
- Buy your XRP:
Select the amount of Ripple you wish to purchase and proceed with the sale, before transferring the funds to your secure storage solution.
Rapid XRP transactions on different Ripple casino sites
Congratulations on becoming the proud owner of Ripple cryptocurrency! Now you’re ready to start using those XRP tokens to play your favourite slots and casino games.
Using a cryptocurrency like Ripple to play in online casinos is a little different to standard currency.
So, to help you get started here’s a quick overview of what the process typically looks like:
- Start by logging into your casino account:
Dozens of big-name casinos accept Ripple, so you should have no issue finding an operator.
- Go to the wallet or payments page:
Most casinos have a wallet interface for deposits and withdrawals, so head here to begin the deposit process.
- Select ‘Ripple’ or ‘XRP’ and choose a deposit amount:
Most
crypto casinos
accept all the major digital currencies, so be sure to choose Ripple before inputting the amount you wish to deposit.
- Scan the QR code:
The casino will present you with a QR code. Scan this using your Ripple wallet app on your smartphone.
- Confirm the transaction and wait for your funds to arrive:
Once you’ve scanned the code and input any additional details, wait a few seconds for your funds to land. After that, you should be good to go.
What are the deposit and withdrawal times like on a Ripple casino?
Ripple may not be the world’s biggest cryptocurrency, but what it lacks in scope it makes up for in speed. RippleNET is among the speediest and most efficient of all crypto exchanges. And since Ripple is specifically designed for use on the platform, it offers a truly streamlined experience compared to other forms of crypto.
For casino players, that means rapid deposits and withdrawals at faster speeds than most other currencies, including Bitcoin, Tether, and Ethereum. Ripple is up to ten times faster than standard fiat currency transactions in some cases, so you’ll really feel the benefit as a regular online gamer.
Ripple casino deposits are virtually instantaneous, with minimal downtime between submitting your deposit request and the funds landing in your account. Withdrawal times vary from casino to casino, with some operators guaranteeing instant processing and others taking one to three days.
As for deposit and withdrawal limits, these vary too, so check individual T&Cs before you get started. Our research found that minimum deposits sat at around $10 or crypto equivalent, with minimum withdrawals at $20 or crypto equivalent. Maximum limits also vary, with unlimited deposits and withdrawals available in some cases.
| Transaction type |
Min. limit |
Max. limit |
Timeframe |
| Deposits |
$10 or crypto equivalent |
Unlimited |
Instant to a couple of minutes |
| Withdrawals |
$20 or crypto equivalent |
Unlimited |
Instant to 1-3 days |
*All information is representative and subject to an operator’s individual T&Cs.
What are the verification requirements for buying Ripple?
Getting Ripple isn’t as easy as simply buying it from an online store. You’ll first need to register with your chosen provider and pass verification checks, which are in place to safeguard the technology and its users.
Don’t be put off, though, as most crypto exchanges have made verification a simple, hassle-free process. You’ll just need photo ID and may be asked to record a short video on your phone so that the necessary ID checks can be carried out.
All of this happens quickly on one interface, so before you know it, you’ll be set up and ready to start buying and using Ripple.
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What are the origins of XRP?
Ripple started life as part of the OpenCoin corporation way back in 2012. A year later, founders Chris Larson and Jeb McCaleb changed OpenCoin’s name to Ripple Labs and XRP was born. Today, Ripple is considered the third-largest cryptocurrency, used in over 25 countries around the world.
How does Ripple stack up against other cryptocurrencies?
By now you should be clear of the benefits of
Ripple casinos, but how does the currency fare against its rivals? Let’s take a look.
1. Ripple vs Bitcoin
Ripple can’t compete with Bitcoin for coverage, with the latter being the world’s biggest and most popular form of crypto. It can, however, match it for transaction speed, which is a plus point for casino players.
2. Ripple vs Ethereum
Ethereum sits just behind Bitcoin as the world’s second-largest virtual currency and is valued for its low transaction fees and the anonymity it affords its customers. Comparing Ethereum and Ripple speeds requires some real hair-splitting, but the latter clinches it in some settings.
3. Ripple vs Litecoin
Litecoin’s USPs centre around low fees and strong security. It can’t match Ripple for transaction speeds, though, so if that’s important to you as a casino player, it’s a point worth noting.
Three essential facts to consider when considering a Ripple casino
To round off our guide to using Ripple for online casino play, here are three important takeaways you should know.
Compare transaction fees when choosing a casino
Ripple transaction fees may be eye-catchingly low, but remember to take casino fees into account too. Some operators charge a separate transaction fee for processing crypto, so do your research so you know how much you’ll be paying for deposits and withdrawals.
Keep an eye on currency value fluctuation
As with any cryptocurrency, the value of Ripple is subject to frequent change, so it’s worth checking current market values before you decide to buy. There are tons of places to keep track of XRP values on the web, so you should be able to strike a good deal.
Look out for casino welcome bonuses
Welcome bonuses are a nice incentive for signing up to a specific casino, bringing the chance to redeem more funds when you make your first Ripple deposit. Just make sure to check the T&Cs and fees first.
Our verdict on Ripple casino sites
Fast, secure, and widely available, Ripple is an excellent choice for online casino play. The fact that it’s so accessible is sure to make it a big hit with crypto newbies, while the currency’s long history proves it’s a secure and well-established option.
So long as you remember to compare welcome bonuses, transaction fees, and withdrawal times before signing up with a particular casino, you should be good to go. Check banners on The Game Haus site for all the latest promos from XRP casinos.
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Ripple casino FAQ
⚖️ Are Ripple casinos legal?
Ripple is a well-established cryptocurrency that is widely accepted in 25 countries around the world. Read our currency guide to learn about the legal standing of Ripple crypto casinos where you live.
💸 How long does it take to withdraw Ripple winnings from an online casino?
Ripple is highly regarded for its rapid transaction speeds, and it’s faster than the likes of Bitcoin and Ethereum in some instances. Our deep-dive guide to the currency can help you determine how long it takes to withdraw Ripple funds from your preferred online casino.
📢 Is it free to open a Ripple wallet?
You’ll need a secure Ripple wallet to store and transfer XRP, and there are plenty of smartphone apps that can facilitate this. But is it free? Find out in our detailed guide to XRP and its uses in online casinos.
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