Best Ripple Bookmakers 2021
Ripple – the Third Cryptocurrency by Popularity
Ripple is a decentralized, cryptocurrency-based open-source blockchain payment method that serves to fund your online account on the best sports bookmakers in addition to trading as a digital currency on exchanges. It is the third cryptocurrency by popularity and number of users.
The payment system has been operating since 2012. Given it has its own native currency (XRP), the Ripple service allows you to open an account, more precisely an e-wallet, where you can store it. Among the countries in which Ripple is banned or its use is restricted is the USA.
How to Create an Account
To create a new Ripple e-wallet (mobile, software, hardware, or paper), complete the steps on the list below:
- Go to the app store (iOS) or to Google Play (Android)
- Download wallet
- Open the app
- Set a strong password
- Add XRP to your wallet
- Use your receiving address to get XRP
Users can top up their Ripple accounts only by sending XRP to XRP addresses. But, first, it is necessary to open the exchange website. Under “Wallet Balance”, select “Deposit”. In the “Currency Type” field, select XRP. Copy the account address shown (this address will be permanently associated with your account) and find the “Buy” section (use debit/credit card to buy your XRP). Open the external wallet you would like to send from, enter the unique address associated with XRP you intend to send, and select “Send”.
The process for withdrawal of XRP consists of opening the exchange website. Under “Wallet Balance”, select “Withdraw”. In the “Currency Type” field, select XRP. Under the “To” field, specify the external wallet address you would like to send XRP to – funds can be withdrawn into other cryptocurrency or traditional money (via bank wire transfer to a bank account). Enter the amount you would like to send, then select “Withdraw”.
No Sweat While Depositing and Withdrawing At Bookmakers
The procedure of depositing on the Ripple sportsbooks is considered rather easy. You will first have to select the amount that you wish to deposit and then you will be sent an XRP transfer request from the bookmaker itself. You then send the XRP to the bookie and it will appear in your account. As a withdrawal option at bookies, Ripple is used by logging in to your bookmaker account, opening the “Cashier”, selecting “Withdraw”, and choosing XRP.
Above all, the biggest benefit of using Ripple for sports betting is the same benefit held by most cryptocurrencies: betting without the need to enter personal information or to provide proof of identity to the Ripple betting site that you choose to use. There are little to no transaction fees associated with the currency as well as the very fast transaction rate.
Frequently Asked Questions
While the transaction info is public, payment data are not available for viewing.
So far, this payment system and its virtual currency are not very known in the crypto-gambling industry.
The costs of transactions are very low. They are 0.00001 XRP now.