Ripple (XRP) is a cryptocurrency that was developed by Ripple Labs. It has consistently been ranked as one of the biggest cryptocurrencies in the world and while it has encountered a few obstacles in recent years, it is still going strong and has gained a large following in the online gambling sector.
What is Ripple?
Ripple positions itself as a global payments network, one that includes major banks and financial institutions as its users. The XRP token is used to make these transactions.
In 2018, Ripple was the subject of a class action lawsuit which claimed that it was basically operating a never-ending Initial Coin Offering (ICO). The SEC filed proceedings against the company and its owners a couple of years later.
The lawsuit is still ongoing, and it could have massive implications for the company and the cryptocurrency industry, but despite all of that, XRP remains popular, and many experts are predicting good things for its future.
Whether those predictions will come to fruition remains to be seen and the future is not very clear, but it’s worth keeping an eye on proceedings if you are an XRP investor or potential investor.
The Best Ripple Casinos
The best Ripple casinos are listed at the top of this guide. We have reviewed and vetted all of them and can confirm that they are all safe, secure, and regulated. They work with the best developers to ensure fair games and they also have a variety of secure payment methods, including other alt coins like Dogecoin.
All casinos also have Welcome Bonuses, so be sure to collect one of these before you make your first deposit.
Ripple Pros and Cons
The lawsuits and potential problems around XRP have created a lot of uncertainty and, as a result, it has left investors wary. It might not grow as quickly as it could do and if the lawsuit destroys the company, the reputation and value of XRP will likely follow. Still, it’s a promising currency that offers a lot of benefits to online gamblers, and if you have a stack of XRPs, you may want to consider using them for this purpose.
FAQs
Is XRP Safe?
XRP is very safe to use and you shouldn't have any issues in that regard.
Where Can I Buy XRP?
You can purchase XRP on a host of cryptocurrency exchanges, including Kraken and Bitstamp. Some exchanges pulled it from their list after the lawsuit was filed but it remains in play on many others.
How Valuable is XRP?
At the time of writing, XRP has the 6th highest market cap, putting it ahead of Dogecoin and Uniswap but behind Tether and Binance Coin.
Play Ripple Casinos Now
To play the very best Ripple online casinos, just click onto the links at the top of this page and start playing. There are many great casinos that accept this cryptocurrency, and you can use it for both deposits and withdrawals.
For information on other popular alt coins that can be used to gambling, take a look at our guide to Dash.