These days cryptocurrencies are not only a valuable and profitable source of making a decent living but a rather vulnerable financial unit. To prevent your coins and tokens from cyber robbery, it is wise to buy yourself safe and secure storage – a wallet. Ripple coin is the second-largest cryptocurrency today with $251.51 XPR sold in the 2nd quarter of 2019. Obviously, there’s a big selection of wallets to use, but how to choose the right one?
Main Factors of Crypto Wallets
There are certain types of cryptocurrency wallets on various platforms such as desktop, hardware, mobile or online. We did our best to compare and make a top list of Ripple coin wallets according to the following factors: simplicity, security features, backup possibility, compatibility, and private keys.
Ledger Nano S
Ledger Nano S is the most suitable choice for Ripple coins holders. This hardware wallet limits the possibility of stealing the currency by providing private keys. It is easy to store an unlimited number of XRP coins and combine them with other currencies.
Private keys are stored offline (PC or smartphone) so it’s almost impossible to get access to your crypto for hackers. This Ripple coin wallet can be connected to Windows, Mac, Android and iOS devices.
You can buy Ledger Nano S here!
This Rippex desktop wallet allows you to not only safely store your currencies, but it also provides a smaller transaction fee which is beneficial for trading. This Ripple coin wallet which is best suitable for Android or iOS devices maintains two-step authentication for safer keys storage.
You can download Rippex here!
The most distinguishing feature of this mobile wallet is privacy. Edge automatically backs up an encrypted account in case of broken, lost, or stolen smartphones. Reddit users claim this wallet the best one for trading Ripple coins (XRP) to other currencies like Litecoin, Ontology, Gas or even fiat ones.
You can download and find out how to create your personal Ripple wallet here!
This wallet is a perfect choice for Ripple coin as it provides smooth UI and plenty of other features. Possessing a minimalistic design a GUI for a Ripple wallet, Atomic operates by approving transactions with a private key and keeps your balance information away from the blockchain which is convenient and safe if you want to check your Ripple wallet balance.
Atomic provides users with an opportunity to stack coins including Ripple and get monthly cash-back for exploiting built-in exchange service.
You can download Atomic here!
Considered the most convenient online wallet for Ripple, Toast Wallet is protected from cyberattacks with encrypted keys generated on your device. However, just make sure you make backups before deleting this app from your phone for saving your coins. What is more, since it’s an online wallet, there is some risk of malware attacks.
Anyway, this wallet is highly suitable for mobiles to store your Ripple coins. In case you have a somewhat outdated version of a smartphone like Samsung Galaxy S5 or iPhone 5S, you can use the web version of the wallet. You can download Toast here!