It should be understood that Ripple is both a platform and a cryptocurrency. Its main advantage is the ability to use for large international financial transactions. This includes the possibility of playing slots (restocking the account in an online casino).
What are the benefits of playing softSwiss casino with Ripple
There are two categories of people who will be interested in the benefits of gambling sites accepting Ripple.First of all, they are those who do not know much about cryptocurrencies, and do not understand all the intricacies of new trends in the field of electronic finance. It should be understood that today there are a huge number of cryptocurrencies, and Ripple is only one of them. They give anonymity, speed and save money.
For other people, it is the advantages of the deposit with Ripple that are important. For such users, the specific benefits of this digital currency are significant.
In fact, there are a lot of reasons to use Ripple casinos.
Next, we’ll look at the most significant benefits of using XRP casino and Ripple in general.
1. Reliability
Ripple is slightly inferior to such a well-known brand as Bitcoin. And when people are familiar with something to a lesser extent – begin to be suspicious. However, you shouldn’t be involved in the mode of paranoia and fear the use of Ripple. First of all, it is a very reliable payment tool. XPR is supported by hundreds of banks around the world, including even giants such as Union Credit and UBS.
Thanks to this trust from the leading banks, Ripple gets a sufficient level of legitimacy. Some experts even claim that no other encryption channel is more reliable.
2. Versatility
It should be repeated that Ripple is both an exchange platform and a cryptocurrency. The platform is called Ripple Net, and its digital units – XRP (own cryptocurrency).
At its core, the Ripple system is a currency exchange, as well as a real-time settlement and remittance system. It supports the usual fiat currencies, and new cryptocurrencies. And XRP is the name of its currency.
Thanks to low commissions, Ripple can be used as a universal means for converting different currencies. This helps to reduce the cost of exchange by minimizing the commission that banks charge when dollars are used as an intermediary.
Ripple can even be used to release unique money to simplify the process. All this means that Ripple gives a very large range of fintech solutions, compared to other cryptocurrencies. It is likely that you will not use even 10 part of the entire functionality of this system. But in any case, such opportunities should be considered as a huge plus.
3. No inflation
Since cryptocurrencies are initially mined, this means that they already exist and retain their value in contrast to other crypto-monitors. For some users, this plus will have the downside. We are talking about those who want to take advantage of the variability in encryption. However, for those users who are focused on stability, for example, payment with XRP in the casino – Ripple offers an excellent stable cryptocurrency.
4. Transaction speed
One of the biggest drawbacks of Bitcoin is the long delays in transactions. When other cryptocurrencies are constantly working on solving this problem, Ripple in this regard all works very well. You get quick and cheap payments, including in the field of online casinos. These two advantages have opened a huge niche for Ripple.
Of course, you can use alternatives like Bitcoin Cash, but it is always better to have several ways to stock.
5. International support
Ripple is a truly international payment tool that is supported in most civilized countries. Given the fact that the economy is becoming more globalized every year, it is worth giving preference to more universal solutions.
How to top up and withdraw funds at Ripple Casino
Many Internet users mistakenly believe that the use of cryptocurrencies for deposits / cashuts is very different from the use of traditional money. There is a well-established perception that this is much more technically difficult.
In fact, there are no additional difficulties. You still need to create a wallet for XRP, and learn how to use it.
Already when you sign up, you will need to provide data that confirms that you own this currency.
Next, you need to specify the amount you want to contribute to the account. The data refers to XRP tags that help link transactions to your wallet account.
At the Softswiss casinos in XRP, the means to withdraw are as easy as conventional fiat currencies (dollars or euros). Only occasionally there are any additional nuances of financial transactions. In practice, knowing your details, you will be able to withdraw money as easily as on a regular bank card.
Withdrawals from XRP casino sites are usually carried out in the same way as the traditional payment method.There are of course additional things you need to do.And, of course, all casinos are different – and there may be small differences in how they go in the process.However, we would not say that it should be especially unique than to compare an electronic wallet with a more traditional method, for example, with a credit card.
Common questions
Can I make a deposit using Ripple at the XRP casino and then withdraw money in another currency?
Probably not. Although there should be no problems with the conversion of Ripple into any other currencies, it’s all about the policies of the casinos themselves. For the most part, gambling sites allow you to withdraw money only using the method that you used when replenishing. However, exceptions are possible. So it’s worth asking the technical support of your casino.
Another good reason for not being able to withdraw in another currency is security. Some smart users could use the casino as an exchanger (not for the intended purpose).
How quickly do funds arrive in a casino account after making a deposit in Ripple?
Processing financial transactions is very different at different venues. It is difficult to answer unequivocally how long it takes. The wide range can start from a few seconds and reach several days. But in any case, using XRP as a payment tool is a great choice. This cryptocurrency platform really works fast. Delays occur purely on the side of the casino.
You can even say that Ripple is Ferrari in the world of cryptocurrencies.
Which Ripple wallets to use?
The main tool, without which you can not do – an electronic wallet. It is a program that is integrated with the platform, and allows you to store and transfer funds.
There are many wallets for different popular cryptocurrencies. It’s always about subjective choices and preferences. But we’ll highlight some of the best, in our opinion.
Atomic Wallet
Atomic Wallet is a multi-currency solution that allows you to store different digital units in one service. It is simple and flexible to use. In addition to these undoubted advantages, the program uses high safety standards. This makes it easy to store XRP here.
Ledger Nano S
One of the most popular hardware wallets. Made in the form of a USB drive on which you can store digital coins. It generates private keys and digital signatures, which allows you to protect yourself from hacking.
There are other hardware wallets for Storing Ripple, and further transfers to the casino.
Paper wallets
But if you are paranoid about security, you can even use paper wallets. Then, when recording addresses and keys, be as attentive as possible.
How Ripple works
If you try, it turns out that using Ripple is not so difficult. You need to start a suitable wallet, buy XRP currency through one of the exchanges and put it on your account. Then, when you’ve recharged your wallet, you can use it for translations.
Many users do not even try to do something, because they think that cryptocurrency is something very complicated. This is related to the information being broadcast. The media and various media are focused on the technical nuances of the system, and few people show how easy and convenient to use crypto.
When you have a cryptocurrency in your wallet, you can make a deposit in one of the SoftSwiss casinos. First, select one of the trusted sites that are presented in this section. Then start an account there. After that, just go to the Cass section, choose as a method to replenish Ripple, and deposit the desired amount into your account. It’s very simple!
Are there special gambling and Ripple slots?
We do not know such options. By adding an XRP, you will be able to access the entire range of gambling site. And the funds for spinning drums or bets will always be pulled up from the main account, and if necessary converted into the main game currency.
However, you will be able to come across games that use only cryptocurrencies. This is due to the fact that the markets of traditional currencies and new digital currencies are still operating separately.
Ripple will be able to play in both cases, when it comes to fiat units and other cryptocurrencies. You will find thousands of different slot machines to increase your deposit several times. The main thing is to be patient and smart.
Are there specific conditions for Ripple casino sites?
The rules of different gambling platforms can be radically different. Good casinos try to do everything possible to ensure that the user gets the highest quality experience, including in relation to financial transactions with cryptocurrency.
Sometimes casinos create use of extra precautions. For example, you may require two-factor authorization on the site, verification, and other procedures.
Keep in mind that if you are required to confirm documents, it means that you lose your anonymity. And this is the main advantage of using cryptocurrency.
Ripple’s history and perspectives
Ripple’s business includes a variety of directions. This is due to the fact that the developers are trying to provide a truly universal solution for the market.
The history of cryptocurrency began in 2005 with a system that was then called Opencoin. Initially, it was planned to create a global network that would provide safe payment methods.Over time, this project has evolved into Ripple.
In the process, the developers decided to create their own currency, which now has the name XRP. This digital money can now solve many of the difficulties faced, such as Bitcoin.
Another important milestone is the integration of the platform with banking services. More and more major players in the global financial market have started collaborating with the corporation in recent years. The first important partnership agreement was to work with Earthport in 2014. And in 2017 Ripple has become the second most popular cryptocurrency.
Today, Ripple is integrated into the payment terminals of many online casinos. If you want to invest XRP profitably, we recommend you try one of the proven casinos. On this page we have collected the best options for you.
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