About Ripple (XRP)
Ripple is a peer-to-peer ecosystem with a differentiated registry (a gateway or gateway system) that, unlike Bitcoin, does not use blockchain technology. At the same time, the cryptocurrency Ripple resembles Bitcoin in many ways - it is a decentralized virtual architecture, the presence of intra-system coin.
According to the developers themselves, the project was created as a kind of addition to Bitcoin, but not as its competitor. The underlying goal is to create a global network within which customers can actively exchange digital assets. The priority is to increase processing speed and transaction throughput while reducing fees.
Advantages and disadvantages of Ripple
Unlike Etherium, Ripple focuses more on large-scale cooperation with financial institutions. What sets Ripple apart is the incredible speed of transactions, as well as incredibly low fees.
Some organizations have investigated the transaction speed of certain cryptocurrencies. So, it was noted that Ripple is able to conduct about 1,500 transactions per second, ranking first within cryptocurrencies. Meanwhile, VISA is currently conducting over 20,000 transactions. However, Ripple with its blockchain is a scalable structure. Accordingly, Ripple will be able to conduct a huge number of transactions per second. In addition, the fee for each individual transaction is on the order of one cent, which makes Ripple§s blockchain very attractive.
Using Ripple at online casinos
Now Ripple is actively used not only to replenish the balance of online casinos. Ripple network also helps to withdraw money from the balance of the online casino account. This is a very convenient payment system, which replaces known standard methods.
Casino bonuses, with deposit and withdrawal on Ripple
Some ripple online casinos pay special bonuses to users who use Ripple as a payment system. It is recommended that you read in detail the user agreement of each individual online casino to familiarize yourself.
n detail the user agreement of each individual online casino to familiarize yourself.
Questions and Answers (FAQ)
Ripple is a completely safe and secure payment system.
Withdrawal of money depends on the conditions of the individual online casino.
It depends on where you live now, namely in what country.
Each spin of the reel can bring the maximum winnings, the exact payout figure can usually be found in the payout table. This varies widely, and will also depend on the RTP value of the game.
Funding a game account with Ripple is as easy as with any other payment system.