Launched in the year 2012, Ripple (or XRP) is among the leading cryptocurrencies in the market today, with the 3rd highest market cap of around $13 billion behind Bitcoin and Ethereum. Designed to facilitate fast and reliable global payments, the current USD to Ripple conversion rate stands at around $0.34 for each XRP, while the XRP to BTC Convertor rate is trading at 0.00005113 BTC to each XRP.
As a cryptocurrency trader, if you are looking for the right wallet to store your XRP coins, listed below are 5 of the most reliable and secure wallets to choose from.
Ledger Nano S
Among the most simple and secure modes of storing cryptocurrency coins, the Ledger Nano S is a hardware wallet that can easily plug into any USB port. Popular for storing a variety of cryptocurrencies, Ledger Nano S offers unlimited storage for XRP coins. Being a hardware wallet, it is more secure than web or digital wallets, as it simply stores the private keys of your XRP. A user-friendly LED screen also allows you to check your coin balance or confirm any transaction.
Designed as a digital money platform, Uphold allows you to buy, store, and convert eight cryptocurrencies, including XRP. Available in more than 180 countries, the Uphold platform is easy to install and configure, along with additional security functionalities like 2-factor authentication and 24/7 security monitoring.
If you are looking for a wallet that stores only XRP coins, Toast Wallet should be your choice. Designed with a simple user interface, this XRP wallet is available on multiple platforms including Apple iOS, Android, Windows, MacOS, and Linux. Additional security features include PIN security and passphrase recovery, along with complete control of private keys for the user.
GateHub is an online web wallet that supports XRP and a host of other fiat and cryptocurrencies such as Ethereum, Bitcoin, US Dollar, and the EURO. Designed to facilitate the sending and receiving of digital payments through Ripple, users can also directly trade both fiat and cryptocurrencies on the Ripple network, along with precious metals like gold and silver. Featuring a user-friendly interface, GateHub ensures security through GateHub identity registration and the 2-factor authentication process.
This online digital wallet offers support for 19 cryptocurrencies including XRP, Bitcoin, Dash, and Litecoin. Featuring a user-friendly and straightforward interface, Cryptonator allows users to trade and exchange their cryptocurrency coins instantly and at better fees’ rate than other wallets. Among its robust features, Cryptonator offers advanced security through its encrypted SSL connection along with 2-factor authentication and trusted IPs. Easy to access from your PC or Mac, Cryptonator-based apps are supported on Android and Chrome, but not on Apple iOS.
Along with its user-friendliness and security features, XRP investors should invest in wallets that are compatible for storing XRP coins and are backed by a development team that is working continuously on improving its features and support.