Ripple is a cryptocurrency platform that launched in 2012. Its main purpose was to speed up interbank transactions. Its primary coin is called XRP. Compared to other crypto money, Ripple is centrally held by the parent company – i.e. it doesn’t rely on a blockchain network. There is a finite amount of coins—100 billion—released gradually by the company.
Ripple is the brainchild of Silicon Valley software engineers Jed McCaleb, Arthur Britto, and David Schwartz. A stable version was released in 2018.
The Ripple currency has several functions, among which to serve as a payment method at online casinos. In this article, we will get you up to speed on how to play online Ripple casino games and reveal the best XRP deposit casino practices. The information collected is cross-checked from other XRP casino reviews and backed by our extensive experience in the crypto and casino fields.
How to use Ripple for gambling
Similar to other cryptocurrencies, you need to pave the ground with the right software before you start trading and using XRP. Start by creating a wallet. You’ll have three solid options. You can opt for a wallet at exchange markets. As an alternative, you can also install it on your computer, mobile, or web browser, or purchase a hardware wallet. The latter option is the safest, as you keep your XRP coins unplugged from the internet.
To set up a wallet on your computer:
Go to the website of your chosen provider and download the wallet (Exodus, Jaxx, Infinito, Guarda are good options).
Open the wallet and select Ripple (XRP).
Create your password and write your recovery phrase. The recovery phrase is important, as it is the only way to rejuvenate the account if you lose access to it.
Now you’ll have a wallet address and be enabled to store, send, and receive XRP.
Excellent alternatives are hardware devices like Ledger Nano S or Trezor. They will serve as your unplugged crypto wallet.
To set up a hardware wallet:
Link up the device to your computer.
Install the software.
Update to the latest version.
Disconnect and reconnect the device.
Create a name for the device and enter your PIN.
Keep a copy of your recovery phrase in a safe spot.
Although using a hardware wallet is a bit more complicated than a browser XRP wallet, you will enjoy complete security.
Games and Slots with Ripple
XRP casinos offer the same variety of games as any other casino. As long as an operator supports XRP as a deposit and withdrawal payment method, you’ll be able to play slots, table games, lotto, poker, and even scratchcards. Ripple casinos with baccarat are not an uncommon sight too.
The slot portfolio at licensed XRP casinos is truly impressive. Industry giants like NetEnt, Microgaming, and Evolution, supply Ripple gambling sites with their most recognized games. You will find diversely themed slots with varying reel numbers and gameplays. You can even test your luck with popular jackpot slots, although, they are harder to find that with Bitcoin casinos.
You’ll also find bristling communities around XRP blackjack, poker, roulette, and craps. Multiple variants of each game are available to play, including standard poker formats, video poker, European and American versions of blackjack and roulette, and more.
While video poker and poker rooms with varying bet sizes are pretty common at Ripple casinos, you won’t find daily and weekly tournaments. Still, options like Texas Hold’em, Omaha, Three- and Four-Card Poker, Mississippi Stud, and the video poker variants Jacks or Better, Deuces Wild, and Aces and Faces are available.
Before moving forward with Ripple, you need to be aware of the limits you’ll be facing. As XRP can’t be mined due to its technological nature, you’ll have to purchase it from an exchange market. Bear in mind that you’ll face different limits at different exchange markets. However, expect something along the lines of a minimum deposit of 0.1 XRP, minimum withdrawal of 20 XRP. The maximum amount you can withdraw would depend on whether you have gone through the KYC process. The roof daily allowance after completing KYC at exchanges is around 500,000 – more than enough for most players.
There is no significant discrepancy in the limits at XRP casinos. As each XRP casino has its own policies on payment limits, you’ll need to check your operator of choice independently to ensure that your play is adequately supported.
How to Make a Deposit in Ripple
With your wallet ready, you’ll be a few steps away from placing your first wager.
Log into your online casino Ripple account.
Go to the Payments department of the Ripple casino.
Click on the Deposit button.
Select Ripple (XRP).
A QR code will show up with the wallet address of the Ripple casino below it. Copy it or scan the QR code with your mobile camera if you’ve installed your wallet on your mobile.
Open your wallet application.
Choose Send.
Paste the XRP casino online wallet address in the designated field. Type in the amount you want to send.
Confirm the transaction.
XRP transactions are processed extremely quickly, so your request should take only a few seconds to materialize. The standard fee for the Ripple network is just 0.00001 XRP, which is less than $0.00001.
How to Get Paid with Ripple
Although a limited number at present, some casinos support the Ripple withdrawal option. The process is very similar to depositing but in reverse.
First, open your Ripple wallet and copy its address (Between 25 and 35 characters).
Log into your gambling site account.
Navigate your way to the online casino XRP Cashier.
Click Withdraw.
Select Ripple.
Paste the address sequence of your wallet.
Input the amount you want to withdraw.
Confirm the transfer.
It may take longer for withdrawals to go through, as operators usually need time to review each transaction. The same fees apply for withdrawals.
We remind you to make sure you’ve completed all wagering requirements of active bonuses before attempting to make a withdrawal, as doing it premature risks invalidating the bonuses.
Alternative Cryptocurrencies for Online Gambling
XRP is only one of several dozen digital crypto coins you can use for online gambling. Although thousands of crypto variants exist, casino operators and game makers have still not fully caught up to every available payment method. The Top 10 digital coins, however, are well covered. You can use Bitcoin, Ethereum, Binance Coin, Tether, Solana, Cardano, USDC, XRP, Terra, and Polkadot.
Before committing to a certain cryptocurrency, do your research to determine whether it is legal where you live. Also, consider learning more about the different cryptocurrencies, noting the strengths and weaknesses, affordability and existing gaming opportunities.
Bonuses at Ripple Casinos
Despite Ripple’s more limited coverage, compared to Bitcoin and Ethereum, you will find an unspoiled package of bonuses up for grabs at licensed casinos. Some Ripple casino bonus types even outperform those you would normally see at a Bitcoin or fiat currency casino. Here are the bonuses available at XRP casinos:
Welcome Bonus
At Ripple casinos, your first up to four deposits will make you eligible for various rewards, including bonus credits, free spins, or straight-up free.
No Deposit Bonus
On certain days, you’ll be eligible to receive a no deposit bonus in free spins or monetary value.
Reload Bonus
This is a reward for your deposit restricted to certain days of the week.
Free Spins
Ripple casinos tend to have a lot of free spins bonuses. These offers are among the best XRP casino rewards around. They can either be a part of the welcome package or available separately.
High-Roller Bonus
The value of Ripple predisposes both small and big wagers. As a result, the best Ripple casinos cater to high-roller tastes by providing beneficial bonuses like cashbacks and wager insurances for big wagers.
Refer-a-Friend
If you bring a new user to the platform, you get a reward.
Loyalty Schemes
These multi-layered bonuses give you progressive rewards based on loyalty points earned for deposited money or activity on the platform.
As you can see, the major bonuses from fiat currency casino gaming are available at an XRP casino. Bonus codes are regularly released for attractive offers. Keep a close eye on the casinos’ promotions pages for the best bonus code for XRP casino and the latest Ripple casino offers.
You should be aware that you must be registered to get access to the bonuses, as there are no no sign up XRP casino offers on the table anywhere.
Pros and Cons of Ripple Casinos
Wagering with XRP comes with certain hard-to-resist perks, but it’s not without its drawbacks Before selecting Ripple for your casino endevors, you need to scale the advantages and disadvantages of this currency and decide whether it is the right one for the purpose. Here are the pros and cons.
Pros
Affordability – XRP’s price is pretty stable at around $0.70. As such, it is accessible to players with smaller budgets.
Ideal for Cross-Border Payments – XRP can be used to pay for services in other countries quickly.
Processing Speed – XRP payments are about 40 times faster than Bitcoin’s.
Very Low Fees – Ripple’s fees are significantly lower than Bitcoin’s.
Game Variety – Ripple casinos partner with major software developers to ensure a rich gaming library.
Cons
Regulated Currency – Ripple differs from other cryptocurrencies, as 60% of all assets are owned by the parent company. This gives them tremendous power to influence the price of the coin.
Fewer Casinos – Compared to Ethereum and Bitcoin, there are fewer places where you can play with Ripple.
Can’t be Mined – XRP is entirely released by Ripple Labs, so you can’t mine it, only exchange it.
While it provides more stability than decentralized currencies, it’s entirely up to the main holder to set the price as they wish, which creates a bit of uncertainty for new investors. With that said, Ripple is a good option to use for recreational casino playing.
Conclusions
Ripple is a viable alternative to the mainstream cryptocurrency gambling options. The Ripple network is built differently and relies on coins being supplied by the parent company, Ripple Labs. Since 2012, less than half of the total 100 billion coins have been released into public space. The majority of the pool is held by Ripple Labs, giving them control to set the coin price.
Once you’ve set up your wallet, you can use XRPs to play a wide variety of casino games, like slots, blackjack, baccarat, roulette, live casino Ripple games, and poker. Many of the main software developers support this currency, so you will find a lot of the games you are used to from fiat casinos at XRP casinos. Ripple casino blackjack is presented by multiple variants, such as Vegas Strip, Classic, Live, High Roller, and more.
One of the best Ripple casino strengths is the speed of the transactions. Transactions usually take about 4 seconds. Fees are also very low at 0.00001 XRP.
A major drawback is that it is centralized. This creates a bit of uncertainty, as the main company may decide to sell their share and decrease the price.
Overall, the affordable value of Ripple and the speed of transactions make it ideal for casino games like slots and poker.
We hope this review was helpful to you. It tried to build on existing information from other Ripple casino reviews by providing fact-checked information. We looked into the major steps you need to perform to start playing your favorite games. You can find all of the information above – and more – in the FAQ section below.
Is it safe to make a deposit using Ripple?
Yes. Making deposits with Ripple is safe. The currency is legal in the USA. Just make sure to only play at tried and tested casinos with provable legal credentials.
How to deposit using Ripple?
After you’ve created your wallet account, go to the Cashier section of the casino and choose Deposit. Select Ripple. A QR code will appear with a string of letters and numbers below it. This is the wallet address. If you’ve installed your wallet on your mobile, scan the QR code with your camera. If it’s a desktop or web browser wallet, copy the Ripple online casino’s wallet address. Open your wallet and click Send. Paste the address there. Define the amount and confirm.
Is it legal to play at a casino using Ripple?
Ripple is one of the Top 10 currencies that is legal in most countries. If you are based in the USA, check for the newest Ripple casino legal updates. Find out if online casino gaming is legal. In most states, you’ll have the option to play at offshore casinos with Ripple, but, generally, we advise our readers to always play at fully licensed casinos only.
Are Ripple casinos anonymous?
As long as the casino Ripple is licensed and regulated, they will be protecting your personal, under data protection laws. Look for a license and an SSL certificate to be sure.
Are there any Ripple casinos?
XRP is one of the Top 10 cryptocurrencies right now. At present, there are about a dozen legit casinos that support this payment method. New XRP casino operators are popping up every year and increasing their variety of games. You won’t need to look for too long to find an XRP casino with baccarat, blackjack, poker, roulette, and craps.
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