Like the SWIFT system, Ripple gambling uses blockchain technology to create bank-specific solutions for inter-bank payment transfers. Today Canadian CIBC and other major financial institutions are already using XRP for international payments. In online gambling, the key advantages of Ripple gambling over other cryptocurrencies are speed and cheap cost.

For this reason, Ripple casinos are gaining momentum. We have featured the best XRP casinos Canada and prepared a brief overview of the top sites in this category.

1

100% First Deposit Bonus up to C$250 and 100 Free Spins

2

Get 100% Bonus + 100 Free Spins

3

Deposit Bonus 300% Up To $20000

4

Up to 1,000 Free Spins up for Grabs!

5

100% First Deposit Bonus up to C$500 and 100 Free Spins

6

100% Bonus up to C$400 + 180 Free Spins

In line with a trend toward disclosing proof of reserves, the crypto analytics portal Nansen made data from cryptocurrency exchanges available. The report shows that XRP accounts for 16.67% of holdings of one of the most popular Canadian cryptocurrency exchanges, Coinsquare.

Intro to Ripple History

The cryptocurrency known as Ripple was created by Ripple Labs Inc. in 2012. With support from numerous payment providers, XRP functions as both a currency and a payment network.

Compared to other well-known digital currencies, it is quite different. As opposed to being a decentralized cryptocurrency for the public (like Bitcoin or Ethereum), XRP is a centralized crypto designed to assist banks and other financial organizations in sending money rapidly and cheaply around the globe.

The XRP blockchain can conduct about 1,500 transactions per second thanks to Ripple’s technology, as opposed to 10 minutes for Bitcoin transactions.

For a while, Bitcoin dominated, but now Ripple is gaining ground. It is widely used for processing payments. Even many Canadian online casinos now accept it for deposits and withdrawals.

Experts say: “Ripple’s goal is to make money transfers in the banking sector as quick and simple as sending text messages. If they are successful, XRP might become extremely popular among banks all around the world, which would certainly have an impact on businesses and online casinos in Canada as well.”

Best Ripple Casino Reviews You Can Trust

Now let us look at the detailed reviews of the best XRP casinos.

Stake Casino

$100,000 Stake’s Daily Races!

stake dot com screen

Stake.com

Stake is a well-liked choice for placing crypto bets on sporting events and casino games for a number of reasons, including their attractive user interface and the selection of entertainment types they provide. Despite not providing a welcome bonus, they are among the top cryptocurrency gambling sites in terms of VIP benefits, cashback, and bonus deals.

General Info

  • Launched: 2017
  • Cryptos accepted: XRP, ETH, BTC, +7
  • Languages: English, French, Spanish, +11
  • Licence: Curaçao Gaming Authority

Anonymity

When enrolling with this Ripple casino, not much info is needed. You must complete KYC level 1 to make your first deposit, which entails providing basic information, including your name, date of birth, and residential address. Later in the journey, this info can be modified.

Like many opponents, Stake reserves the right to demand further KYC verification to confirm your identity and location for regulatory purposes. But since the operator is recognized for respecting privacy, most players will never require doing this.

The Good

  • Everlasting Rakeback
  • Good feedback from real players on the internet
  • Two-factor authentication can be used to safeguard your account
  • Probably fair games are available
  • Exceptional customer support service in a variety of languages
  • Large selection of accepted crypto (more than 130)
  • Many sports betting possibilities
  • All-inclusive casino games, including 16 unique titles for Stake.com active community members
  • Players can use eight different languages
  • RTP of certain games surpasses 99%
  • Fantastic, regular promos

The Bad

  • Other bookmakers may provide greater odds on key events
  • Finding information on restrictions, costs, and payouts might be difficult
  • No sign-up bonus available

Bitcasino

Enjoy 20% Cashback Up to 10,000 USDT!

bitcasino screen

Bitcasino

Bitcasino is a platform for online casino games and sportsbooks. The brand, established in 2014, stands out for its cutting-edge features and welcomes cryptocurrency payments. Moreover, the ripple casino offers players to experience a unique and refreshing approach to live games. In addition to the standard table games, live games with engaging professional dealers are available at Bitcasino.

General Info

  • Launched: 2014
  • Cryptos accepted: XRP, ETH, BTC, +8
  • Languages: English, French, +10
  • Licence: Curaçao Gambling Authority

Anonymity

The anonymous gambling option is unavailable at Bitcasino, and users must enter their age before registering.

The Good

  • Great reputation among gamblers
  • Customers frequently offer positive feedback on the platform
  • Casino games for every taste, including slots, table and live dealer games
  • Several most popular cryptos are accepted to use
  • Variety of casino incentives and deals
  • Excellent customer support service via live chat for registered users
  • Sports betting is offered

The Bad

  • The odds are lower when compared to industry averages
  • No welcome package

bets.io

First Deposit Bonus Up to 1 BTC + 100 FS!

bets.io screen

Bets.io

A very new XRP casino, Bets.io was founded in 2021. It offers ripple casino products and welcomes users from numerous countries all over the world. The operator has good standing, a Curacao license, and implements basic security measures for your safety.

General Info

  • Launched: 2021
  • Cryptos accepted: XRP, ETH, BTC, +7
  • Languages: English
  • Licence: Curaçao Gaming Authority

Anonymity

Bets.io provides an anonymous gambling feature without revealing any personal information.

The Good

  • Various games for everyone
  • Friendly customer support is available around-the-clock and responds quickly to live chat inquiries
  • Users only need to validate their phone number and crypto wallet to complete the operator’s KYC procedure
  • You can purchase cryptocurrency using your credit card directly on the platform

The Bad

  • Other ways of deposit (fiat) are not available
  • Finding some information about encryption, deposit fees, and other related topics can be difficult
  • There is no two-factor authentication feature

Cloudbet

100% Matched Welcome Bonus Up to 5 BTC!

cloudbet screen

Cloudbet

Cloudbet is a well-known online crypto bookmaker with an excellent reputation. Although it was founded in 2013, the casino’s user-friendly design has just been improved. The most crucial thing to understand about Cloudbet is that deposits can only be made using XRP and other cryptocurrencies. This applies to wagers and withdrawals as well, making it a full-service crypto betting platform.

General Info

  • Launched: 2013
  • Cryptos accepted: XRP, ETH, DOGE, +24
  • Languages: English, Spanish, French, +14
  • Licence: Curaçao Gaming Authority

Anonymity

Cloudbet provides anonymous gambling. Thanks to SSL and two-factor authentication, the website is also incredibly safe.

The Good

  • Play anonymously and sign up using only your email address
  • Provably fair games are available
  • Your account is secure thanks to two-factor authentication and SSL
  • Thousands of popular slots and over 50 live games
  • Impressive sports betting options and a wide range of markets
  • Ability to bet on entertainment and politics
  • Most withdrawals take about 10 minutes

The Bad

  • On key sports events, other bookmakers have better odds
  • Very few ways to contact them
  • Hard to uncover VIP program restrictions, costs, and reward information
  • No exclusive casino games
  • For deposits, they could charge a service charge

Positive Experience at Ripple Casinos

Anonymity, minimal costs, and transaction speed are just a few of the essential benefits that one may experience when playing at the best Ripple casinos Canada. When it comes to internet gambling, recent data shows that XRP excels over all other types of digital currency in the following aspects:

fast payment

Fast Payments

Contrary to popular belief, cryptos do not offer instant transactions. The time required for transactions varies from blockchain to blockchain and from Ripple casino to casino. Regarding payments, for BTC casinos, it takes around 10 minutes to handle transactions, whereas XRP casinos do it for only 2 to 3 seconds.

privacy

Privacy

Despite being centralized by nature, online gamblers frequently worry about protecting their anonymity. These customers find Ripple-based casinos useful since it keeps all transactions private. This crypto is protected by codes that guard users’ privacy and keep them safe from unauthorized hacker attacks.

cost savings

Cost-saving

Due to the extremely low cost of XRP transactions, gamblers are drawn to use them. The amount charged is so small that it can be regarded as minimal. Imagine that if the price of 1 XRP is close to 0.5 dollars, a minimum price of approximately 0.00001 XRP may be applied to the transaction.

exchange rate

Lower Exchange Fees

A cheap exchange fee is advantageous for many Ripple casino players who do not plan to put their money in cryptocurrency because they have high volatility rates. Furthermore, XRP has a significant edge over other digital currencies in this situation because reputable financial organizations in the online gambling industry widely accept it. Aside from all these benefits, using XRP, or Ripple, as a type of digital money also equals having less volatility because the price of Ripple is directly correlated with the growth of its payment system.

internet gaming

Optimized for Internet Gaming

With digital blockchain technology, the best Ripple casinos were created to help with money conversions. But as time has passed, online bookmakers have decided to accept it as payment. Additionally, since the introduction of digital currencies, the need for banks, financial institutions, and premium credit and debit cards has dramatically decreased.

XRP Gambling Drawbacks

Make sure that Ripple gambling is a good fit for your gaming needs before taking it up. Like any other digital currency, XRP has a number of characteristics that could be viewed negatively.

centralized

Centralized Control

One of the primary benefits of digital currencies has been their independence from banks and governments. In the case of Ripple, the production of fresh XRP coins is regulated by more than a hundred network participants. Each new validator must receive the approval of 51% of the current ones, who were initially chosen in a centralized manner.

legal issues

Legal Issues

In December 2020, every XRP enthusiast was eagerly reading the most recent news. The Securities and Exchange Commission of the United States made the decision to investigate what is happening with Ripple Labs and if they can control the timing and method of issuing fresh XRP tokens. As a result, Ripple was removed from a number of crypto exchanges, including Coinbase. It is yet unknown how these proceedings will continue.

XRP clipboard

Lesser Spread

Another disadvantage of using Ripple for online gambling is that many casinos do not accept it. XRP transactions are only accepted and permitted by a small number of cryptocurrency betting venues and online casinos. Moreover, only some top Ripple casinos have licenses and are permitted to operate in Canada.

How to Use XRP at Ripple Casinos Canada

Below we share step-by-step instructions for using Ripple at an online casino:

#1 Select a reliable and the best Ripple casino.

You can browse our list of suggested top XRP casinos on this page to choose the one that most closely matches your playing preferences.

#2 Create an account.

It will only take a few minutes to register with the online casino you chose.

#3 Fund your Ripple casino account.

Choose the XRP/Ripple option under deposit on the casino’s website. Then, take the casino’s depositing address and transfer it to your personal crypto wallet.

#4 Take your XRP wins.

It is time to withdraw once you have used XRP to play at an online casino and are prepared to cash out your earnings. Copy the wallet address from your Ripple wallet by opening it. Enter this information into the withdrawal field at your XRP casino, choose how many coins you wish to withdraw, and then click Confirm button.

How to Buy XRP for Playing at Ripple Casinos

It can be challenging to buy XRP in Canada as numerous exchanges have stopped trading the coin until further notice. Among them are Crypto.com, Coinbase, OKCoin and others. But the coin is still listed on some reputable Canadian exchanges, including NDAX, Netcoins, Kraken and Wealthsimple.

Let us see how to open an account at Wealthsimple.

Open an account at Wealthsimple

To do so, first, download their application.

Download Wealthsimple application

Crypto exchanges demand users open an account and go through the verification process. In our case, you should provide your full name, take a selfie, and send some documents, as you can see from our screen below.

Confirm your identify
Send some documents

Then you must fill in all the necessary fields with personal data.

Tell us a bit about yourself

Next, go to your account and choose Add funds option. Finally, choose your bank and enter your bank details.

Wheres your bank account

After completing this procedure, you can buy a cryptocurrency with CAD.

Note: buying XRP evolves some fees. They can differ depending on the currency you use to make your transaction and the crypto exchange rates.

After buying some coins, you can sell them for fiat money or swap them for other cryptocurrencies like Bitcoin and Ethereum. As for XRP storage, you can transfer your crypto to a personal wallet and freely send it to your casino account through the blockchain.

Safe Gambling at XRP Casinos Canada

How can you ensure that using Ripple for gambling is hassle-free and fun? Two things should be considered here:

legal issues

Protect Yourself

Playing at Ripple casinos carries an obvious risk, just like with any other cryptocurrency: the coin’s volatility. This is particularly troubling in the case of XRP because the coin’s parent business has already been the target of legal activities.

Because of this, we advise you to play at XRP online casinos that accept alternative payment methods, such as fiat money or other digital currencies, to provide you with more choices.

But as long as you play at an established casino, XRP gaming is generally secure. Because of this, we strongly suggest that you research the casino thoroughly before signing up:

one Check out our Ripple casino reviews for a fair assessment of the website.

two number Visit the operator’s social media pages or discussion forums to learn more about its reputation.

three number Before creating an account, play in the casino’s free-to-play mode.

four number To avoid unpleasant surprises, carefully read the casino’s terms and conditions.

five number Look for games with provably fair odds, even in a reputed casino. Here, the outcome cannot be influenced because it is truly random.

legal issues

Legal Aspects

Due to its relative novelty, cryptocurrency gambling, including the best XRP casino sites, has a poor impression. So, ensuring that the casino you choose is reliable and safe makes sense.

Selecting a casino with a reputed gambling license is the best approach to making sure you gamble safely. The ideal licenses for Ripple casinos are generally the following ones:

blue check mark Malta: Many European countries recognize it.

blue check mark Curaçao: Globally accepted.

blue check mark Kahnawake: Canadian gambling authority.

Be aware that using XRP coins for online gaming may not be permitted in your country. However, countries where internet gambling is not forbidden or tightly controlled also allow Ripple casinos.

Selecting games that can be proven to be fair or playing at casinos that let you play directly from your wallet without holding your wins are other ways to stay safe at the best XRP casinos Canada.

Frequently Asked Questions

Is XRP used for gambling?

Yes. It is one of the most popular digital currencies in the world and Canada. That is why you can find decent Ripple casinos in the local market that offer a varied experience and good bonus deals.

Is online crypto gambling legal in Canada?

Online gambling using cryptocurrencies, including XRP, is not prohibited by law in Canada. However, you must be at least the age of majority (between 18 and 19, depending on your province of residence) and play on licensed platforms.

Is it safe to gamble with Ripple?

Yes! However, for your own safety, we do advise playing at trustworthy Ripple casinos. Additionally, it is a smart idea to play at casinos that accept a variety of coins due to the recent legal issues the currency is facing.

How to use Ripple to play at an online casino in Canada?

1. Look for an online casino that accepts Ripple as a payment option (like the ones listed on this page):
2. Choose XRP as your currency when creating an account.
3. Make a payment by visiting the Deposit section.
4. As directed on the website, accept the transaction from your Ripple wallet and start playing.

What are the best Ripple online casinos?

There are currently a few excellent Ripple casino sites in Canada, often known as XRP casinos. We have featured them in our in-depth review.