Ripple has always been one of the most promising Cryptocurrency after Bitcoin, Ethereum, and Litecoin. In the recent bull run, it even jumped 300% in a matter of just 3 days.
And with all these things happening around this amazing Cryptocurrency, alot of people are buying Ripple to make their share of profit.
But after buying it, people are worried to store there asset securely. Hence, most of the people are looking for some of the Best Ripple wallets to safeguard their investment.
Also, a few friends of mine were planning to buy Ripple but had a lot of question in mind. And if you are also going to buy XRP, then this post will help you out as here I will cover a few questions that every beginner has in their mind.
You must be thinking:
- Where to Buy Ripple?
- How to store XRP?
- Which are the top Ripple wallet?
Moreover, I will add only add reliable, safe and trusted wallets/exchanges in this list so that you never face any hack or scam.
So, Without any further ado! Let’s start.
Where can you buy Ripple Coin?
This is one of the most frequent and important questions that people generally have in their mind before starting with any cryptocurrency. So, let me tell you their are many ways through which you can buy XRP.
It is not a very hectic task at all.
We can use several ways to buy XRP and store it.
Using an Exchange Tool
- You can use Changelly and ShapeShift.io to exchange Bitcoins for XRP. These tools are really very quick and you can get XRP within a few minutes.
- The best part is that you do not need any verification to buy XRP using these conversion tools
- Though using these exchange tools is very quick and reliable, you would be charged a small conversion fees.
- I personally use Changelly whenever I need to buy any Altcoin using Bitcoin.
Using a Exchange Website
- If you know a bit about Cryptocurrency trading exchanges, then can you easily buy XRP from there as well.
- You just need to send some Bitcoins to Poloniex and buy XRP from it.
- You can also use other Bitcoin Exchanges likes Bittrex, CEX.io, Bitstamp etc.
- Moreover, I personally use Poloniex as most of the times it has lower price compared to other exchanges.
Once, you had purchased XRP from the desired source, now you need to store them safely. You can keep your XRP in Poloniex or other exchanges for a short period of time. However, I would never recommend you to store your cryptocurrency in such exchanges as you might loose your hard earned money, if they are hacked or closed because of any reason.
Also, you must check about the reviews of the certain exchange before you start trading or using that exchange.
Best Ripple Wallet (XRP Wallets)
So Now lets have a look at some of the Top Digital Wallets to store your Ripple Coin. But before we start about the wallets, let me give you a very important insight.
Ripple Wallets are not Free! Unlike Bitcoin wallets which you can use even with Zero satoshi’s in it, Ripple wallet requires you to have a minimum of 20XRP to book a wallet address.
So, If you add 100 XRP to you Ripple Wallet, 20 XRP will be used to book the wallet address. Thus, you are most likely to stick to a single wallet address rather than having multiple XRP wallet addresses.
So, Make sure to select the best wallet as per your requirements, so that you do not end up losing your valuable 20 XRP coins.
Let hop on to the list now.!
These are the Best Ripple Wallet:
|Ledger Nano S||Hardware Wallet|
Gatehub is the official Online wallet of Ripple Coin where you can easily Buy/Sell XRP using USD/EUR as well as Store your XRP.
Starting up with this Ripple wallet is a piece of Cake:
- Now verify your KYC to activate the account
- Now, Fund you account with USD or EUR to purchase XRP’s instantly
The other thing that I like the most about this platform is the User Interface. Moreover Gatehub.net allows you to check realtime stats and Market trends which you can check before buying or selling XRP.
#Tip: Do write down the recovery key on a paper or online notes to keep it safe. This is the only way to recover your XRP wallet, incase you forget your Gatehub password.
Poloniex is my favorite cryptocurrency exchange as I usually use it for most of trading. If you want to buy XRP, then you have to use your Bitcoin or Ethereum.
You can also store your XRP’s on Poloniex but I would recommend you not to store for longer duration of time.
You can read about Buying Bitcoins on Poloniex here.
- Once, Your Poloniex account is verified and You have Bitcoins in it
- You just need to go into XRP market
- Now Buy the Amount of XRP you need
- That’s it! XRP’s will soon be added in your Poloniex Wallet.
If you urgently want to purchase some XRP and has got Bitcoins, then you must use Changelly where you can convert BTC to XRP and then store them on Polo Wallet.
For Australia and Newzealand you can use a Similar Ripple Exchange and Wallet called Coinspot.com.au and Btcmarket.net. Moreover, One of my friend from Australia prefers, Coinspot as it has better Customer support and User Interface.
For Korean users Coinone is the best exchange while for Japan Kraken is mostly used.
Recently, I came across an amazing Exchange which allows exchange as well as wallet for more than 70 cryptocurrencies. Hence, You can store XRP along with various other crytpocurrencies under one roof.
Coinspayment is not just a wallet, it offers payment gateway for merchants to accept payments in cryptocurrencies. They also have a very safe and secure wallet where you can easily store your XRP for a small duration of time.
Talking about the Desktop Wallet for Ripple, Rippex is the most trusted and easy way to store your XRP.
Many cryptocurrency enthusiasts always prefer to store their coins on Desktop wallets, as this gives them complete control over it. You can download Rippex web app on Windows, Linux and Mac.
Ledger Nano S
If you are into Crypto world for quite sometime, then you must have surely heard about Hardware wallets. These wallets have very top notch security for Cryptocurrencies, so that you can safely store your coins for a longer period of time without much hustle.
Ledger Nano S is one of the best Hardware wallet currently available in the market. And recently, they have added support for Ripple coin.
If you have other cryptocurrencies, then you can also store them on the same wallet. Some other altcoins supported by Nano S are BTC, ETH, ETC, Dash, Stratis and Zcash.
I would highly recommend you to buy yourself Ledger Nano S to store your Crypto currencies safely.
Moreover, We expect more secure and trusted wallets to be available in the market, thus making it easier for us to store Ripple.
I hope you liked our article about the Best Ripple Wallet and if you did, then don’t forget to share it with your friends of the same interest.