Ripple (XRP) Casinos

PROS

Transactions at Extreme Speeds – XRP is one of the only known cryptocurrencies on the market to have a transaction speed of only 5-10 seconds. Even some of the fastest on the market take within a minute. This is possible due to the Ripple Network, which focuses on the extreme speed of all transactions.

Invisible Transaction Fees – As mentioned earlier, XRP offers transactions that cost less than a thousandth of a cent, making it a popular cryptocurrency with the lowest rates on fees.

Expanded Wagering Limits – XRP casino games, just like all other crypto casino games, have abnormally convenient betting limits. This means that if you are a low-risk player who just wants to test a game out, it will be completely possible with the less-than-a-cent minimum bet. However, even if you are big fish who wants to bet into the thousands, that will more often than not be also possible.

Exclusive Crypto Bonuses – A lot of the newly released games at XRP and crypto casinos offer the players exclusive bonuses and offers, whether in-game or in the form of a deposit bonus. These often include higher deposit bonuses, better wagering multipliers, free spins, cash, and sometimes even free bets.

Safe Transactions – Since XRP is a somewhat centralized cryptocurrency, all transactions are highly secured, due to the use of consensus transactions, rather than 3rd party confirmation transactions. This will ensure all of your deposits and withdrawals will stay tight.

Ripple Network is Used By Financial Institutions – This further proves the credibility of the cryptocurrency, as the creator and developers have been proving their competency over the years. All of this means that they will probably take better care of it than your usual crypto owner, due to how important their relations with outside companies are.

CONS

Semi-Centralized – The fact that control is given back to governments and jurisdictions is why the people who do not advocate for XRP don’t like it. It does the opposite of what cryptocurrencies stand for, which is decentralization.

Pre-mined supply of XRP – It is true that the price of XRP is not exactly stable, as a large quantity of XRP is pre-mined and largely stored in escrow. If it is released at inappropriate times, the crypto itself could potentially lose value

XRP Casinos Regulation – XRP casinos have only the Curacao license to turn to, as the better regulators such as MGA and UKGC do not affiliate with crypto casinos at this moment.

Not Accepted in All Games – Due to how new the popularity of XRP is, not all newly released games include XRP as a payment method, so make sure the casino you choose has games that work with XRP.