Ripple (XRP) Casinos
Cryptocurrencies have taken the world by storm, and with every new casino taking the opportunity to add further thrills to the gambling experience, players now have more choices than ever. And this is especially true for Ripple (XRP), which has exploded in popularity. We have seen online casinos respond by adopting cryptocurrency in droves. There has never been a better time to play at Ripple casinos and gambling sites with all the options available.
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What is Ripple?
Ripple is a U.S. based technology company that focuses on decentralizing your financial dreams. Ripple is a real-time gross settlement system, currency exchange, and remittance network. With the ability to move crypto to all corners of the world in moments ensuring instant settlement and lower exchange fees. Ripple has been making waves since it started in 2012 and has worked its way up to become one of the leading digital assets for global payments and financial freedom.
Ripple is fast with transactions only needing 4 seconds to clear and its scalability level is unbelievable, with 1500 transactions getting processed every second.
Another impressive fact is that Ripple is an Eco-friendly cryptocurrency. With speedy transactions, Ripple doesn’t need to waste any time proof checking or mining, cutting their costs on the energy used. The unique way of this settlement system brings some serious benefits to the player.
A brief history of Ripple
Ripple, was first implemented in 2004 by a web developer named Ryan Fugger. A year later the project evolved into a financial service for the online community which was called Ripplepay.
As the world of online financial services grew, possibilities became more extensive, and in 2009 the first-ever transaction occurred on the Bitcoin blockchain.
This cracked open the world of crypto, later bringing to light some financial phenomenons, such as Ripple. Striving to become the leading cryptocurrency, Ripple was formed to later become one of the most rewarding gambling options.
Ripple gambling history
Over the years gambling has changed in many ways, from new features to new thrilling add-ons. When a decentralized currency peaked its head, the gambling world caught on quickly. Over the years cryptocurrency has grown in strength and value, at an alarming rate.
It is estimated that 60% of cryptocurrency trade is going through casinos, poker, and betting sites. That just shows you the sheer success crypto brings gamblers.
There have been many online casinos to add cryptocurrency to the mix, as well as some online casinos that are exclusively crypto-based. Gambling with Ripple gives players the opportunity to take advantage of all those crypto bonuses that can be found at only the best Ripple casinos.
With all the activity within the crypto gambling industry, it became clear where there needed to be stringent safety measures to avoid any mishaps. In 2014, Ripple casinos saw the introduction of strict regulations which took away the risk factor of Ripple gambling. Although regulations can cause lengthy processes, in this case, the regulation amplified and strengthened the experience.
In 2016 the first licensed Crypto casino was established, Bitcasino. Licensed through the Curacao Gambling Licensing Authority, Bitcasino made some groundbreaking movements in crypto gambling.
Advantages of gambling with Ripple
Let’s take a quick look at the benefits of gambling with Ripple. When looking for the best crypto-gambling combo, we look for things such as speed, anonymity, and low fees, as well as all the other advantages that come along with it. Ripple ticks every single one of those boxes, coming out as the crypto to beat in the gambling world.
- Anonymity
- Speedy Cashouts
- Volatility is less of an issue than most cryptocurrencies.
Whether you are new to the crypto game or a long time better, we are pretty sure you know that crypto brings aspects to your play that fiat cannot match, but Ripple goes above and beyond any other cryptocurrency, opening doors to possibilities you never believed possible.
How to get Ripple
Ripple follows the trend of other cryptocurrencies, making itself easily available. To get hold of the currency, all one has to do is follow 3 simple steps.
Step one: Choose your preferred crypto wallet
Choose a wallet for gambling that is able to store XRP. There are two options, there is a software wallet or a hardware wallet.
- Software wallets are free programs that are usually used on smartphones through the means of an app.
- Hardware wallets are physical devices that connect to your computers, such as flash drives or disks.
Here are two examples of both hard and soft wallets:
- Ledger Nano X (hardware wallet)
- Edge (software wallet)
Step two: Choose a platform to exchange to your fiat currency to cryptocurrency
There are many options for exchange platforms but to get you started in the right direction, here are 3 of the best Ripple exchange options
Step three: Make the exchange!
Decide how much you want to convert and follow the prompts on the chosen platform. In no time you will be reeling in the Ripple rewards.