Best Ripple Casino 2023
JOIN THE FUN AT XRP CASINOS TODAY!
Ignore the legal issues and controversies; XRP is particularly well-suited to crypto gambling.
While it’s not every crypto coin investor’s favourite token, there are many exciting Ripple casino options. So, if you are looking to bolster your Ripple wallet, consider these top gambling sites.
Top Ripple Casino List
Guide to Ripple Gambling
What’s Ripple/XRP?
First things first. Ripple is the name of a rapidly growing payment network. The network’s token or coin is called XRP. To avoid any confusion, we’ll use both terms interchangeably throughout this guide to Ripple casinos.
Ripple Labs was created to be a fast, less costly and more scalable alternative to other digital assets (like Bitcoin, Ethereum etc.) and existing monetary platforms, chiefly the SWIFT network, with low fees being its big selling point.
Unlike most cryptocurrencies, it’s a centralized company, which is one reason why there is opposition to it in the crypto world. And XRP cannot be mined. All XRP was pre-mined, meaning the 100 billion tokens were created when the ledger was released in 2013.
Labs itself owns 6% of that total, with nearly 50% of the total held in reserve for regular release into the crypto market.
This setup has also been criticized. Many worry about so much XRP being in one institution’s hands, while others have concerns that too much could be released at once, flooding the market and driving the price down.
This scheme also caught the attention of the Securities and Exchange Commission (SEC) in America. The SEC argues that because the company decides when to release XRP, this should be registered as a security.
This case is ongoing, and until it’s resolved, it will slow down the institutional use of the system. Many leading exchanges have stopped trading it as a result, and many US investors cannot buy it at all.
However, many analysts predict a positive outcome during 2023 – watch this space.
How much is XRP worth?
At the time of the launch in 2013, the price of one token was around USD $0.005. Initially, the token had a relatively stable price, but over time, the price soared.
In May 2017, XRP surged to an all-time high of $0.34, driven by growing adoption and partnerships with major financial institutions such as American Express, Santander, and Bank of America. A few weeks later, the price experienced a significant correction, falling to around $0.20.
The price continued to fluctuate, but it wasn’t until the cryptocurrency boom of late 2017 that XRP witnessed a sharp and sudden increase in value. In December 2017, the price skyrocketed to an all-time high of $3.80. This unprecedented surge was due to the overall growth in the cryptocurrency market and the anticipation of Ripple’s product, xRapid, being adopted by major financial institutions.
However, the price didn’t remain at this level for long. As the cryptocurrency market entered a bearish phase, XRP’s value fell sharply, losing more than 70% of its value and hitting a low of $0.21 in September 2018. This was due to increased regulatory scrutiny over the cryptocurrency industry as well as scepticism from some in the financial industry regarding the usefulness of XRP.
Since then, the price has experienced some fluctuations but has been relatively stable, averaging around $0.50. As of March 2023, it’s found its level at around $0.44, making it an accessible coin to use at Ripple casinos.
Benefits of a Ripple Casino
Here are the key advantages of a Ripple Casino for players:
Gamble on blackjack, baccarat, roulette, poker, jackpot games
A Ripple casino offers a wide casino game choice for gamblers. Play everything you would expect to find at a traditional online casino – slot games, table games, video poker, live dealer games, craps, plus crypto games like Crash, Plinko, and Dice.
Head to the top of the page to claim a welcome bonus or deposit bonus.
Ripple casino transaction fee is free
The cost of XRP transfers is generally very low compared to other cryptocurrencies and traditional payment systems. The standard transaction cost is 0.00001 XRP which is equivalent to a fraction of a cent (USD).
This negligible transaction fee is a fundamental feature of XRP and enables users to send small or large amounts of the cryptocurrency without incurring high fees. Most Ripple casinos won’t charge you for withdrawals, so no losing any of your winnings in commission.
Extremely fast blockchain
Unlike other cryptocurrencies that require a significant amount of time to confirm transactions, XRP payments to a Ripple casino are processed almost instantly. The payment settlement system can settle a transaction from/to your wallet address in just four seconds. This makes XRP transfers among the fastest in the cryptocurrency market.
The speed of XRP casino transfers is made possible by the consensus algorithm, which uses a unique system of validators to confirm transactions quickly and securely. This process ensures that transactions are validated within seconds, providing a seamless and efficient payment experience for users.
Small deposits welcome at an XRP casino
Ripple is suitable for both small-staking casino players and those with bigger bankrolls. Most major Ripple casinos have a minimum deposit of around 40-60 XRP.
Excellent well-respected network
The network has been adopted by many major financial, money transfer, and banking companies, including MoneyGram, Santander, American Express, Standard Chartered, TransferGo, SBI Remit, Cuallix, and Mercury FX. It’s stable and well-respected.
While the company has had its fair share of legal issues, no one doubts that it is run by some of the sharpest minds in the business. XRP is relatively stable, certainly compared to other crypto coins, and that is always a benefit when playing at an XRP casino.
Fiat providers accept Ripple
Neteller and Skrill are two examples of significant payment processors that exchange fiat currencies for play at an XRP casino. This provides an alternative way to gamble at Ripple casinos as you can find XRP casino sites that accept Neteller and Skrill and then fund your Ripple casino account with fiat.
Many more Ripple casinos and XRP gambling sites are also starting to accept fiat payments like dollars and eur. So, you can still play at an XRP casino, even if you don’t have crypto.
Drawbacks and Cons of Ripple Casinos
Nothing in life is perfect! Here are the potential negatives of using playing at a Ripple casino. However, since we first started writing this guide, some of the XRP casino negatives have subsided.
Less wallet anonymity than BTC
XRP isn’t a privacy coin in the way Bitcoin and Ethereum are. Many people are suspicious of what is viewed as a centralized setup, with the owners having most of the supply.
While there are still privacy safeguards, and they have improved in recent times, your Ripple casinos transactions won’t be as anonymous as if you were using Monero or Bitcoin, for example.
Price volatility
Like most other cryptocurrencies, XRP has suffered with serious price volatility and unpredictability. The volatile nature of cryptocurrencies is largely due to their unregulated status, speculative market, supply and demand dynamics, and technological developments. While the price has been more stable over the last year, be aware that your XRP casino deposit may not be worth the same when you withdraw it.
Bitcoin and Litecoin more popular cryptocurrencies
Ripple casino options are not great in number. It’s easier to play at Bitcoin casinos or Litecoin and Bitcoin Cash online gambling sites.
UPDATE – we have discovered and rated many more XRP casino options since we first published this piece. Now enjoy even more Ripple casinos!
XRP is not at Coinbase / no mining
Because of legal issues in the USA, Ripple has been removed from many leading cryptocurrency exchanges like Coinbase, and US residents can’t buy it. Most of the XRP supply is under the control of Ripple itself, and there is no way to mine it.
UPDATE: XRP is back on Binance. Buy it to make Ripple casino deposits at the XRP casino of your choice now!
Can I buy XRP at Binance?
A common question. Yes, XRP can be purchased directly from Binance using a Visa debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange.
What are the best Ripple casinos?
Our top XRP casino choices for Ripple casino gambling are here. Enjoy!
Ripple Casino Number 1: Stake Casino
Stake was established in 2017. It offers a wide variety of games, including slots, table games, live casino games, sports betting, and more. Stake Casino is known for its incredible promotions. As well as being a top Ripple casino, it also accepts other cryptocurrency payments, including Bitcoin, Ethereum, Litecoin, Dogecoin, EOS, and more.
Number 2: BitStarz Casino
Bitstarz was established in 2014 and is licensed and regulated by the government of Curacao. It is one of the biggest Ripple casinos, and it accepts a wide range of fiat currencies and cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, and more. Bitstarz is famous for its fast withdrawal times, with most withdrawals being processed within a few hours.
Number 2: BetFury Casino
Betfury is a hybrid online XRP casino and crypto gaming platform that was established in 2019. It is an amazing XRP casino, accepts 50 over cryptos, and the platform also has its own in-house cryptocurrency, BFG. You can earn BFG by placing bets on the platform, and these tokens can be used to access exclusive bonuses, promotions, and games.
Betfury also offers a VIP program, which rewards players with cashback, bonuses, and other perks based on their activity on the platform.
