Cryptocurrency casinos such as Ripple Casinos, love them or hate them, are a refreshing change from the usual. There are dozens of Ripple Casinos out there, which serve as an excellent alternative to Bitcoin casinos.
Ripple is volatile digital currency, and its value fluctuates rapidly. As of now, Ripple is valued at $0.207764 and has a market cap of $8,005,466,653. That’s impressive! Let’s find out more about Ripple and the things to watch out for when playing at a Ripple casino.
What is Ripple?
Ripple is a cryptocurrency and a payment protocol that was introduced in 2012 by Ripple Labs, a San Francisco-based start-up. Ripple Labs has built a currency exchange system and payment network called RippleNet in which Ripple is used as the cryptocurrency of choice.
Ripple, as said earlier, has a market cap of over $8 billion. This makes it one of the most popular digital currencies, but not so much as Bitcoins, of course. Ripple transactions are very fast. A typical transaction takes less than 4 seconds, with over 1,000 transactions processed per second on the network.
Ripple Labs enjoys excellent support from leading financial institutions. It is a top provider of blockchain technologies and has some of the world’s biggest banks and financial institutions as its clients.
What About The Risks Related to Cryptocurrencies Like Ripple?
Ripple, by itself does not have any value. What it represents is a share in something that could derive a profit in the long-term. A cryptocurrency like Ripple is not backed by gold or physical reserves like traditional currencies such as the US Dollar or the Japanese Yen. Its value is based on the perception of the market, or millions of investors, big and small, like you.
You should be aware of the risks of trading in Ripple before choosing to play in Ripple casinos. Watch the market closely, follow a few experts on the social media and always keep yourself updated with the latest news and information on the digital currency.
What You Need to Know About Playing at Ripple Casinos
*Playing at a Ripple Casino is much the same as playing at any Bitcoin Casino. The important thing is to be patient, and play the averages. You should know how long to play and when to fold up. The thing about Ripple Casinos is that the longer you play, things start falling into a predictable pattern.
*Find out about the deposit bonuses that are on offer. Does the casino offer any additional deposit bonus on your second or third deposit?
*What are the games available at the cryptocurrency casino? You should, at a minimum, expect to have a choice of popular casino games such as craps, baccarat, 3D slots, progressive jackpot slots, blackjack, roulette, video slots, traditional 3-reel slots, video poker, table poker, and much more.
*Find out if there are any advanced 3D games you can play. Is wagering with Ripple done in the same manner as wagering in a traditional currency?
*Do you get any incentives for loyalty? What are the rewards made available to loyal players? Generally, the best online casinos offer more rewards, bonuses and other incentives to players who play there for a long time. The more you play, the bigger will be the rewards that you should expect to get.
The most important thing is to find out which gambling jurisdiction does the online casino fall under? There are some gambling jurisdictions such as the UK, Malta, Gibraltar, Sweden, etc. which have excellent protections for players and handle all player complaints made against online casinos expeditiously. You will find all the details on various gambling jurisdictions here on this website. We also have a list of the best Ripple Casinos, which you may want to have a look at. Stay safe and play well!