XRP becomes the fifth cryptocurrency payment option to arrive at Bitcasino as the crypto-led casino service provider announced the latest addition to its growing list of supported cryptocurrencies that now also includes Bitcasino, TRON (TRX), Ethereum, and Litecoin.
XRP is rated as the third-ranked cryptocurrency by market capitalization, and has a growing following among crypto enthusiasts and forward-thinking enterprises. The token, built to meet real-world banking needs, has since made a name for itself within and outside the banking space, thanks to its many advantages.
These are the same advantages Bitcasino will be tapping into, as it aims to eliminate some of the time-consuming and cumbersome elements of processing payments. The licensed casino has ensured all fundamentals have been put in place for players to wager, deposit or withdraw on different games with XRP. Those using XRP as payment on the platform will enjoy speedy transactions and low fees, allowing them to fully experience the fun, fast and fair world of Bitcasino.
Tauri Tiitsaar, Director of Bitcasino, believes that XRP’s network scalability gives it an edge when used in gaming. Due to its use of consensus ledgers to perform transactions, it can take on much more work, without relying on increasing processing power and with a relatively steady transaction time. He says:
“It makes us very proud to say that we now have the three most used cryptocurrencies integrated with Bitcasino. XRP ranks third on the list of top virtual currencies by market cap just behind Bitcoin and Ethereum, and it’s something our players have asked for quite some time now.”
Perhaps one of the biggest cryptocurrencies by circulating units — some 44 billion XRP tokens, compared to only 18 million BTC and 110 million ETH at time of writing — Ripple presents itself as an appealing investment asset with an underlying money transfer technology that is highly competitive. Analysts believe this bodes well for its long-term future, especially given that Ripple is one of the oldest crypto in existence, having been introduced in 2012.
But holders need not wait for the future of mainstream use for XRP, and players can start playing at the world’s first licensed Bitcoin-led casino operator with XRP tokens now, with a low minimum requirement of 50 XRP (€9) for deposit and 100 XRP (€18) for withdrawal.
Established in 2014, Bitcasino is a registered company under Coingaming Group. A pioneer in its field, Bitcasino is the first licensed Bitcoin-led casino operator with an expansive repertoire of quality games including regular table games, interactive slots, and live dealers.
The Ripple update is only the latest milestone in Bitcasino’s commitment to ever-improving user experience, after just recently integrating support for the TronLink browser extension to allow for direct TRX deposit and withdrawal via a browser.
With a withdrawal time of around 1.5 minutes, Bitcasino proves that fun and fast gaming is possible with crypto.
For more information please visit– https://bitcasino.io/
Bitcasino is the source of this content. This article is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.
Image Courtesy: Bitcasino