How to Set Up a Ripple Account
If you plan on using Ripple at online casinos, you might want to learn more about the steps involved, especially if you’re a newbie who doesn’t know how to use cryptocurrencies to make Ripple payments online. In that case, check out the steps to use XRP below.
The first thing to do is to create a Ripple wallet. You must find a suitable storage option and create your wallet account. This can be a hardware wallet like the Ledger Nano S or Nano X, which are known for their security. Alternatively, you can use a software wallet, which may be more accessible but potentially less secure than hardware options.
Once your wallet is ready, the next step is to purchase XRP tokens. You can do this through a cryptocurrency exchange. After purchasing, transfer your XRP from the exchange to your Ripple wallet.
- Choose a Suitable Casino and Register
The next stage is to select a suitable casino to join. You can choose from our recommended New Zealand casinos that accept Ripple. Once you do that, follow the instructions to create an account and proceed to the next phase.
- Deposit XRP to the Casino
Log into your XRP online casino account, go to the cashier section, and select Ripple as your deposit method. You will need to enter the amount of XRP you wish to deposit and possibly provide your wallet address or a destination tag if required by the casino.
KYC and Ripple
While most Ripple casino sites provide a high level of privacy and do not typically require KYC verification, some regulated platforms may still request it. This process makes sure that players are who they claim to be, prevents fraud, and follows local laws. Here’s what you might need to provide during the KYC process at a regulated XRP casino:
- Photo ID: A valid identification document, such as a passport, driver’s licence, or national ID card, is frequently required to confirm your identity and determine whether it matches the registration information.
- Front/back scan of a debit/credit card: If you’ve used a debit or credit card for deposits, you may need to provide a scan of both sides of the card. Remember to cover the middle digits and CVV code for security.
- Utility bill: A recent utility bill is commonly used to confirm your residential address, proving that you live in the jurisdiction you specified.
- Bank statement: A recent bank statement may be required, particularly if you’ve used a bank account for transactions.
- Neteller/Skrill statement: If you’ve deposited using e-wallets like Neteller or Skrill, a statement from these accounts may be necessary.
Conclusion
To wrap up, Ripple casino sites are great for NZ online casino players who crave quick, cost-effective transactions. Your deposits and withdrawals are through in no time and with minimal fees—perfect for those who want to maximise their playtime without breaking the bank. However, if you’re someone who prefers the widespread acceptance of Bitcoin or worries about the rollercoaster ride of XRP’s value, XRP casinos might not be your best bet.
Alternatives to Ripple Casinos
If Ripple casinos aren’t your cup of tea, no worries—there are plenty of fish in the crypto sea! For example, you can choose Ethereum casinos that support smart contracts. Then there’s Bitcoin, the OG of cryptocurrencies, which is accepted almost everywhere. Last but not least, there’s Dogecoin, which may have started as a meme, but its quick transactions and friendly community are no joke.
Each option brings something unique to the table, so let’s take a closer look at how these alternatives stack up against Ripple crypto casinos:
| Ethereum | Bitcoin | Dogecoin |
- Smart contract capability
| | - Fast deposits and withdrawals
|
| | |
| | |
| | |
| | |
| | |
