Ripple (XRP): Top-notch cryptocurrency in Canadian casinos
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If we were to tell you that Ripple can make your casino transactions fast and secure, would you use it? Ripple is a platform for decentralized payments, and its original token, XRP ranks as the top cryptocurrency. Another feature of Ripple is that your data is kept confidential. No one else needs to know about your activity at online gambling sites. Find out below how you can buy this cryptocurrency and then how you can use it.
TOP 5 casinos in Canada that have Ripple on offer
Finding platforms in Canada that accept Ripple is no easy task. But we have saved you time and found the best sites with this cryptocurrency for you. Below you can read all the features of these gambling sites as well as the bonus offers that will be waiting for you after registration.
Wild Tornado
Wild Tornado is a casino site owned and operated by Dama NV. The company is registered at Scharlooveg 39, Villemstad, Curacao. Given the address, you can assume that the operator has a licence issued by the Curacao government. Wild Tornado offers every new player a great welcome bonus. For the first deposit of 27 XRP (€10), the player can receive a welcome offer in the amount of 13000 TRX (€1000). In addition to the bonus money, the player also gets 100 free spins that he can use on pokies. Wagering requirements for free spins are 40 times the bonus win amount. Bonus funds must be used within 5 days and are subject to the same wagering requirements as free spins.
Wazamba
The next casino in Canada we will cover and where you can use this cryptocurrency is Wazamba. The operator is owned by Vlaksin Rbidi NV and has a registered address at Viktoros Ougko 8. Wazamba has a prestigious Curacao licence, as is the case with the above-noted operator. On this gambling site, you can get a welcome bonus on the first three deposits using this digital currency. Welcome bonus on the first, second, and third deposit is up to 500 EUR + 200 free spins. Each of these deposits must meet the minimum requirement of €10 to qualify for the bonus activation. Wagering requirements for slots are 40x, while for the bonus funds are 35x. Wagering requirements must be completed in 10 days in order for funds to be withdrawn from the account.
20 BET
20 BET gambling site is managed by TechSolutions (CY) Group Limited. Their registered office is located at Parthenonos 5, Flat 103, 2020, Nicosia, Cyprus. Like the two platforms mentioned above, this one has a Curacao licence. On the first deposit of at least $30 using Ripple, the player can get a 180 CAD + 120 FS welcome bonus. For the second payment on this site, users are offered a bonus of up to a maximum of 150 CAD. And finally, for the third deposit of at least $30 the player gets a 50% bonus up to $150 + 50 FS. Entering promo code 2DEP is required to activate the last promotion. Also, free spins can be used exclusively to play the Rhino Megaways slot.
Tortuga
Tortuga is owned by Annitak LTD. Their registered address is Patroklou Kokkinou, 5 Office 2 Strovolos, 2000, Nicosia. Tortuga is no different from the previous operators in terms of the licence. So, it holds the Curacao eGaming licence. Tortuga has two types of welcome offerings. The first is $400 + 14 days of benefits from the VIP program. To activate this promotion the user must invest at least $300. The second welcome offer is a 120% bonus up to $1,200. To activate the second promotion, the player must invest a minimum of $10 using Ripple or another payment method.
Welcome Bonuses
Bonus 100% for the 1st deposit
Kahuna
Kahuna is under the Mountberg B.V., a company based at Fransche Bloemweg 4, Willemstad, Curacao. So, they have a Curacao licence. Deposits on this site can be made through the Coin pads platform. The total welcome package of this operator in Canada is $4,000 + 200 free spins. Note that in order to activate the entire package, it is necessary to make a total of 10 deposits using Ripple or another payment method. The minimum deposit for bonus activation is $10. Wagering requirements for free spins are 30x.
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How to use XRP at Ripple casino online
First of all, before depositing with Ripple to a desired online casino, you need to buy this cryptocurrency. You can purchase it online in any reliable crypto exchange. The purchase takes only a few minutes. Registration at the selected exchange, however, can take longer. Once you have created an account, you can proceed with the purchase using CAD as the currency. Exchanges that are currently popular are Coinbase, Exodus, and others.
Also, before depositing to an online gambling site, you must store XRP in a crypto wallet. Some of the best wallets for Ripple storage are:
- Atomic Wallet – Multicurrency Android and iOS app
- Mycelium – Available on mobile and desktop pages
- Ledge – The safest hardware wallet
How to make deposits using Ripple?
Now that you have your XRP wallet and secured funds, you can begin the deposit process. We will note that this process is quite similar to depositing using other cryptocurrencies.
- Register or log in to your Ripple casino online
- Go to the “Deposit” section
- Select XRP from the offered methods
- Copy the address shown in front of you into your wallet or scan a QR code
- Determine the deposit amount and complete the transaction
The funds will be automatically transferred to your Ripple casino online account. There are no additional fees related to deposit transactions.
Payout process when using XRP
The withdrawal process is similar to making a deposit. You need to proceed like this:
- Visit the Ripple casino online site and log in
- Open the banking section and then the withdrawal section
- Find Ripple and select the amount you want to withdraw
- Enter the address of your crypto wallet in the shown field
- Confirm transaction to request a withdrawal
One of the essential benefits of XRP is that it allows fast withdrawals. Payout transactions with this crypto are usually completed within 10 minutes. Compared to other payment options, XRP provides faster withdrawals.
Safety and reliability of Ripple transactions
Ripple does not use the usual blockchain protection system. The transaction security of this cryptocurrency is provided by a process known as XRP Ledger (XRPL). XPRL verifies transactions via consensus protocol. We will also emphasize the security of Ripple’s wallets. The most secure hardware wallet for storing XRP is the Ledger Nano S.
This wallet protects cryptocurrencies from hackers or malware thus confirming transactions requires pressing physical buttons on the device. Software wallets are not as secure as hardware wallets. A software wallet called Rippex is the most secure software wallet available for desktop computers.
No-deposit weekly cashback
Get up to 15% every Thursday
Main Pros and Cons of using this payment method
Pros:
- Cheap to buy
- Secure
- Fast transactions
- Deposits without fees
- Supports 40+ currencies
Cons:
- Not every real money casino accepts it
- It is unstable and its value can change
Final words about XRP
If you like fast deposits and cash outs with minimal fees, we recommend using a reliable Ripple casino online. Ripple is not only fast but also a secure cryptocurrency. You can buy XRP at a significantly lower market price compared to Bitcoin and still have all the benefits of a top Canadian cryptocurrency.
FAQ
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Is it safe to use XRP at online casinos in Canada? This cryptocurrency is protected by the XRPL transaction verification process. But for your gambling to be 100% safe you need to choose a licenced Ripple casino online.
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Do all gambling sites in Canada accept Ripple for deposits? Unfortunately, Ripple is not accepted on every online gambling platform in Canada. At the beginning of our review, you can read about the best Ripple online casinos in Canada and choose one. All sites that are mentioned in this article are trusted and operate with a valid licence.
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What are the alternatives for this method for casino deposits? The two best alternatives to the Ripple casino method are Bitcoin and Ethereum. These two methods are ahead of the cryptocurrency that we have processed in terms of popularity. However, Bitcoin has slower transactions that can take several minutes and allows only 7-10 of them per second.
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