Crypto Casinos that rely on blockchain technology have done a lot of good for global gambling sites. That's why it's no wonder that Ripple online casinos are popping up all over the place.
If you want to do sports betting or play online casino games, there are better options than using fiat currencies.
Wagering with XRP, BTC, or a similar digital currency thus gives gamblers individual freedoms on online casino sites.
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Ripple or XRP casinos are sites where you can use Ripple as a payment option for deposits and withdrawals. Some of the best crypto casinos in Canada support real money bets with this digital coin.
That surely opens the door for game providers to allow wagering on slots, table games, or live dealer games using XRP.
What is Ripple and the Ripple Network?
Ripply is both a cryptocurrency and a payment system owned and managed by Ripple Labs. Ripple Labs designed this digital asset to work with traditional financial institutions and improve their daily tasks. Hence, many see Ripple as a rival to SWIFT because of its cheap and fast transactions.
Besides the payment system, Ripple Labs use a blockchain-native cryptocurrency, XRP. This coin enables instant bank transactions worldwide through the Ripple currency exchange system.
As a result, crypto and Bitcoin casinos have started paying attention and allowing Ripple deposits and withdrawals.
XRP is a top 10 cryptocurrency with a massive daily trading volume. Consequently, you can easily acquire it with USD, EUR, or digital coins like Ethereum, Bitcoin, and Litecoin.
Ripple's history dates back to 2012 when Chris Larson and Jeb McCaleb founded the company. During the next couple of years, XRP's value rose dozens of times, establishing its place as a significant crypto player.
Nevertheless, Ripple has had its fair share of problems. Since Ripple Labs owns and operates the company and the XRP asset, it isn't a decentralized cryptocurrency.
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The US Securities and Exchange Commission (SEC) has sued the Ripple corporation because they consider the coin a security. That is, they want to regulate it.
The company's CEO believes Ripple will win this case in 2023 and resolve the controversy. A favourable verdict means that US investors can freely purchase XRP on cryptocurrency exchanges.
How Does Ripple Work?
Before creating a casino account on some of the top Ripple casinos, you should learn how this coin works.
Ripple is a fast and cost-effective method for banks to facilitate international payments with their partners. Further, banks own servers where validators verify all transactions, ensuring consensus rules are respected.
Most validators must provide their stamp or approval; otherwise, the transaction will fail.
Secondly, the Ripple network encompasses three payment solutions for connected banks and 3rd-party businesses:
xCurrent
xRapid
xVia
Regardless of the solution, all creations simplify payment processing and have low fees. Additionally, they reduce liquidity costs and allow Ripple customers to use XRP as a bridge between fiat and cryptocurrencies.
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As can be seen, Ripple is a product of the banking system, and it streamlines their daily routines. Correspondingly, there are benefits to using Ripple and XRP.
An international transaction takes 4-5 seconds to be finalized. That is, by and large, a significant improvement over SWIFT, which requires 2-3 business days.
The transaction costs aren't comparable with alternative banking technology. For example, XRP transaction fees are as low as 0.00001. In short, banks pay C$0.000004 according to the values in February 2023 for international transactions.
Wherever banks perform currency exchanges, it's favourable if they can convert fiat A into fiat B. Unfortunately, that is only sometimes the case. Thus, they use the USD as a go-between. Suddenly, they must pay double to make two currency exchanges instead of one. Ripple works as a money-saving alternative.
The Best Ripple Casino Sites of 2023
When we do our XRP casino reviews, we conduct thorough research on the platforms. We analyze a website's reputation, what kind of casino/sportsbook offers they have, and whether there are casino bonuses.
After that, we register our test account and rate how easy it's to set up and if KYC is required. We will not mention nor include the casino in our lists if the casino ripple website doesn't accept Canadian players.
Once we are ready to start, we make the first deposit from our Ripple wallet. In addition, we check if there is a deposit bonus that we can activate.
The most important element is the casino games. We start playing everything we can get our hands on, such as Roulette, Dice, live casino games, craps, etc. When we are confident of the quality of the casino, we withdraw the coins to a Ripple wallet address.
The Safety and Security of Ripple Casinos
All casino Ripple websites that we recommend to our players indeed use 128 and 256-bit encryption technology. This tech secures both the personal and financial information of gamblers. SSL encryption is equally important because it encrypts any information you share over the internet.
XRP uses a public blockchain, and you can find each transaction on the ledger. Nonetheless, the payment information isn't visible to 3rd-parties who didn't participate in the value exchange. That gives all Canadian players a sense of security and anonymity.
There are generally two types of software you can find on Ripple online casinos:
Casino games by licensed game providers.
Native provably fair games.
The public can verify the results of all provably fair games compared to regular crypto casino games. The Ripple casino saves a numeric string to the blockchain, showing each round's outcome. In a word, such a system guarantees fairness and prevents operators from cheating.
Online gambling software that isn't fair relies on Random Number Generators (RNG). Game certifiers regularly test these casino games, regardless of the provider. The best casinos are licensed brands by regulators such as:
Step-by-Step Instructions for Succesful XRP Wagering
Before depositing and playing at a casino, you should find a suitable site. Our recommendation for the best casinos in Canada for 2023 shows only high-quality brands. Afterwards, it's time to start playing.
Click on the registration button and fill out the needed information. Provided no identity verification is required, the sign-up process should take 1-2 minutes.
Find the payment page or click the appropriate deposit button, e.g.
A list of overall supported coins should become visible. Find and click on Ripple/XRP.
At this time, casino sites usually show a deposit address that you must copy. That's the wallet address where you need to send your XRP deposit. Remember to activate the welcome bonus if you want more money in your account.
Then open your Ripple wallet, paste the address, and send the coins. After a short wait, you will notice that the casino has updated your balance.
You are finally ready to start wagering and having fun. Lastly, head to the casino lobby and find the games you love. There is a wide selection of jackpot games, video poker or blackjack, for example.
It would help if you decided how much to wager, enter the correct sum, and start playing.
Tips on Finding the Best Ripple Casinos
Given that you are looking for Ripple casino sites that will meet all your desires and appetites, consider what you expect to see there. If all the elements and features posted below are present, you have found a top gaming zone.
Investigate the reputation of the casino. Firstly, XRP transactions are irreversible, meaning there are no chargebacks if you aren't satisfied with the service. Read our casino reviews whenever you want a new site and deposit money on licensed casinos only.
Don't register at casinos that don't support Canadian players. It would be best if you read the TOS or speak with customer support before gambling. You may not be aware that some casinos ban players from specific territories. They occasionally request KYC and could freeze your winnings if they determine you are gambling from a restricted region.
Consider the available banking methods. Besides XRP, it makes sense that the platform supports other cryptocurrencies. It's also desirable to have the option to deposit and withdraw fiat. Moreover, read the payment page to understand if the minimum/maximum withdrawal limits are to your liking.
Sign up on casino Ripple websites that give players huge bonuses. Casino bonuses are essential to the overall experience. To get the best results, inspect if there is a welcome bonus, free spins, and deposit bonuses. A well-thought-out VIP program is a particularly welcoming sight.
What Cryptocurrency Exchange Should You Use With Ripple Casinos?
In this situation, it gets a little bit complicated. Some crypto exchanges don't look positively on gamblers using their sites with funds won at a casino. In truth, cheaters use XRP gambling sites to launder their money. Because this is illegal, cryptocurrency exchanges follow strict guidelines to combat these activities.
If you move XRP from a casino to an exchange account, your money could be frozen and blocked. The security department will thereafter investigate the source of the funds and release them if everything is clean. Crypto exchanges have partnered with blockchain analysis companies that track where the cryptocurrency comes from.
Not surprisingly, it's the US-based crypto exchanges that are particularly strict. But Binance, the world's biggest cryptocurrency exchange, accepts crypto from casinos. The swap platform supports Canadians and ranks as the number one by many independent reviewers.
However, there are other destinations besides Binance to purchase or sell Ripple's XRP. We rank cryptocurrency exchanges from A (best) to D (worst). The table below shows the best alternative websites that accept crypto that originates from casinos.
Cryptocurrency Exchange
Our Rating
Binance
A
Bithumb
A
KuCoin
A
Bitstamp
A
Kraken
B
bitFlyer
B
OKK
B
ByBit
B
Huobi
B
Gate.io
B
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In the first place, players who use Ripple casino sites enjoy certain advantages they don't have with other payment methods.
It's one of the most valuable cryptocurrencies globally, with significant adoption in both financial circles and among crypto holders. The company has partnered with prominent banks and has developed systems to battle inflation. XRP lacks the volatility we witness in other digital currencies, making it functional for international settlement between banks.
Besides, XRP is a cheap coin to buy on the market. Therefore, you will get more units in your wallet than Bitcoin, Litecoin, Ethereum, and many other cryptocurrencies. The asset's value consequently tends to rise.
Secondly, XRP is one of the fastest digital coins we have ever tested on casino games. Its development team created it with speed in mind. In that case, a transaction between two Ripple wallets takes 4-5 seconds. That's also how long you would have to wait to fund your casino betting account.
Low transaction fees make Ripple tempting for gamblers and online casinos. All parties pay a fraction of a cent whenever they initiate an XRP transfer. That is incomparable with other cryptocurrencies, even more with traditional payment methods.
Some of the best Ripple casinos operate in dozens of countries worldwide. Hence, it causes the asset to be available to a global audience of interested players.
The Disadvantages of Ripple Casino Sites
Every novel monetary asset certainly has a few cons and disadvantages. That is, without a doubt, the case with XRP on Ripple casinos.
Ripple Labs and their development team hold huge bags of XRP tokens. If they sold these coins on the open market, it could drastically affect Ripple's value.
XRP is a less popular payment option than cryptocurrencies such as Bitcoin, Tether, or Ethereum. There could be more casino Ripple gambling sites in Canada and other regions.
Likewise, the uncertainty about the outcome of the SEC's lawsuit against the Ripple Network affects users' confidence. The case has dragged the price down and made XRP unavailable to US gamblers.
What are the Alternatives to Ripple Casino Websites?
If you want to try some other crypto casinos, then various choices are available. Bitcoin casinos are certainly the most common ones. Ethereum casinos are second on the list as they appeal to players due to their speed and decentralized nature. Finally, we have Tether casinos, where you can play with stablecoins as protection against volatility.
Ripple casino games are twice as rewarding if coupled with huge casino bonuses. Luckily for players from Canada, there are plenty of free goodies you can pick up in any case. In general, a casino usually features the following bonuses and promo deals:
Welcome bonuses are significantly more attractive in casinos than brick-and-mortar ones. Further, quality platforms offer deposit bonuses plus free spins for the first couple of deposits. Matched offers entitle you to 100% or 200% of the deposit you made.
No deposit bonuses allow gamblers to straightaway gaming with no previous real-money deposit. They can also come as free spins on selected slot games. Breaking records or reaching milestones can earn you loyalty points and bonuses.
For example, many sites return unsuccessful bets on casino games as cashback. Lastly, VIP players enjoy royalty status and receive specialized treatment and promotions.
In any case, these are the best Ripple casino bonuses in Canada in 2023:
Ripple Casino
Type of Bonus
Offer
💠 Mirax Casino
Welcome Bonus
Up to 5 BTC or C$1500
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Free Spins
300
💠 Casino Alpha
Matched Cash Bonus
300%
💠 King Billy
No Deposit Bonus
C$5
The Main Differences Between Traditional and Ripple Online Gambling
With traditional online casinos, you are gambling with fiat, whereas casinos let you use XRP, BTC, and other cryptocurrencies. History proves that fiat money is inflationary and loses purchasing power long-term. But take the case of Ripple and crypto, and you will see the exact opposite.
Standard fiat casinos are strictly regulated and required to do business with banks, e-wallets, and similar services. To clarify, they ask questions and set restrictions on payouts and withdrawals.
Traditional online gambling sites, therefore, often have lower withdrawal limits than XRP casinos.
A Ripple casino is sometimes limitless, and you can deposit and withdraw whatever you can afford. To demonstrate the main differences, consider the following points:
Type of Online Casino
Characteristics
Traditional Online Casino
Supports regulated banking options such as online banking, credit/debit cards, and e-wallets. Require KYC, identity verification, and source of funds, i.e. Fiat transactions can take 2-4 business days to confirm. Banking fees can rise to 2-3% per transaction.
Ripple Casino
Accepts decentralized cryptocurrencies. Private and anonymous because personal data isn't stored on the blockchain. XRP transactions are generally settled in 4-5 seconds. Transaction fees are minimal and cost, for example, 0.00001 XRP.
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The best casinos are overall fair to their players and host games with significant RTP rates. Giving players an extensive catalogue of casino games will undoubtedly keep them engaged.
We always ensure there are live casino games like Baccarat, slot games, and preferably sports and esports gambling.
Most of our preferred gaming destinations work with renowned game providers. For example, some of them are Evolution Gaming, NetEnt, Microgaming, Thunderpick, Play'n GO, Amatic, Pragmatic Play, Nolimit City, etc.
The perfect casino Ripple platform additionally offers customer support in multiple languages. These service agents are your first point of contact if you are having issues, for instance.
The design and layout of the sites are equally important as anything else. They should be attractive to the eye and pleasing to navigate. Likewise, players should be able to find their way around quickly and without difficulty. Mobile casino support makes all the difference if you are not gambling from a desktop device.
The Future of Ripple Casino Gambling
We expect players to continue using Ripple as a gambling coin instead of many other competitors. Those online casinos that still need to integrate it into their sites will do so in the future.
The best casinos could, for the most part, decentralize gambling. The standard way to deposit money into a casino is still transferring it to a central entity. If this process were to be decentralized, players would only connect their Ripple wallets and remain in complete control of their funds.
In other words, the community would defeat massive hacking incidents and exit scams immediately. If gambling became decentralized, no third parties could have access to private wallets.
Bigger RTPs and lower house edges are positive features of online casino sites. That isn't surprising, considering all the money they save by not being a land-based facility. Still, we hope online casinos will lower the house edge further, giving you more favourable odds of winning.
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Lars Wahlström is a recognized leader in the iGaming industry, with over 20 years of experience from both the tech side and an operator. He's now CEO and Publisher at ARGO Gaming Group, the company behind Casinoclaw.
Games and gambling has been an interest of Lars' since early years and besides slots and casino, he's also into poker, sports betting and trotting.
All this experience is drawn upon when he writes, and we dare say he's one of the best casino writers out there. Lars' base is the ARGO HQ and Stockholm office, but he travels a lot and often participates in industry trade shows and panels. To get in contact with Lars, use our contact page or message him directly on LinkedIn or Twitter.
