How to withdraw funds with Ripple
Most betting sites that accept Ripple will most likely let bettors withdraw their earnings through the same method, as Ripple acts more as a cryptocurrency than a run-of-the-mill payment service.
To withdraw funds from betting sites through Ripple, simply:
- Log in to your betting site and locate the page or option for withdrawals
- When prompted, choose Ripple as the withdrawal method amongst the options.
- If asked, fill in the relevant data, then confirm and authorize the transaction.
As obvious above, the withdrawal process for Ripple is similar for other methods. It's also a convenient option, as it is extremely fast and cheap. Ripple processes transactions at speeds of 3.3 seconds with fees as low as $0.0004.
Multiple cryptocurrency exchanges also handle XRP for fiat currencies such as USD, EUR, CAD, GBP, AUD, CHF, NZD, and many more. XRP can also be traded for Etherum and Bitcoin at some exchanges.
To make things better, Ripple is run through more than 150 validators across the globe which eliminates the possibility of network overloads. Ripple also collaborated with other payment services to help make cross-border transactions easier. To maximize customer satisfaction, Ripple now processes upwards of 15,000 transactions per second.
Bettors should also lookout for RXP faucets, which can provide free RXP for doing tasks like mini-games. It might not be much, but it might give you an extra deal or a few rolls of the dice to pad your earnings before you withdraw.
