Ripple Wallets Review

Nowadays, a lot of people keep wondering about crypto currencies, how they work, and such. One of the most searched for topics online however, is about Ripple wallets. In fact, many people want to know many people want to know what the best Ripple wallets are. There are a lot of reasons for this. For instance, now everyone wants to spend their cryptocurrencies so they need to store it somewhere; but there is also the problem of not wanting to spend money for storing it in a cold wallet. In this article we are going to review the best wallets for storing your precious Ripples in.

1. Guarda Wallet

Guarda is a multi-platform cryptocurrency wallet which is made for storing, managing and transferring crypto assets with much ease. Guarda can support more than 40 of the most popular blockchains and over 10,000 of their tokens. These supported cryptocurrencies include XRP, BTC, ETH, ETC and many more. All of the supported currencies may be purchased via a bank card inside the wallet itself.

Guarda is available for platforms such as Desktop (Linux, MacOS and Windows), Web, Mobile (Android and IOS) and also as Chrome extensions. Guarda works across platforms as well so you may access your storage with any device with the ability to connect to the Internet.

2. Atomic Wallet

Atomic is also a multi-currency wallet that supports more than 300 coins and tokens including Ripple (XRP). With Atomic, you may secure, manage and exchange XRP in a user-friendly UI which is protected by a mnemonic seed. When you use Atomic wallet, you can ensure that you have full control over your crypto assets. Atomic is available on most operating systems such as Windows, Linux, MacOS, Android and IOS.

In Atomic wallet, full access of your assets is only given to you. This wallet stores all of the private keys on the device you are using via on-device intelligence. You can set up a password to make sure your privacy is well-protected. There is also a 12 word mnemonic seed phrase which helps boost the security by a lot.

Atomic Wallet allows you to exchange your XRP for over 60 of other cryptocurrencies. This service is powered by Changenow, Shapeshift, and Changelly. Also, the option of buying XRP (Ripple), Ethereum, Bitcoin, Litecoin, and Bitcoin Cash from inside the application is powered by Simplex. The whole process only requires a couple of minutes to take place and it only charges a small fee of 2 percent for Atomic. Other than that, Atomic wallet is free and the only thing you actually need is 20 XRP in reserve. This amount is unspendable and is needed for the XRP network.

3. Ledger Nano X

Nano X is a hard(ware) wallet and the new and improved version of its predecessor the Ledger Nano S. The main point that makes Nano X a better wallet is its ability to connect via Bluetooth which is more convenient to use. Ledger Nano X is able to store up to 100 applications simultaneously with the help of its additional space. With this, a large amount of crypto assets may be stored all at the same place. These assets include XRP, Ethereum, Bitcoin, etc. if you wish to see the full list of supported cryptocurrencies, you may visit the related page on Ledger’s website.

Bluetooth Connection

The Ledger Nano X uses a Bluetooth connection to connect two users. You might be worried about the security but you should know that it uses end to end encryption so no need to worry. The only data being transported via the Bluetooth connection are public ones. The private keys however, are kept safe in cold storage to avoid being exposed to the public.

4. Toast Wallet

Toast Wallet is by far one of the most conveniently designed soft wallets that can be used to store your XRP. Storing Ripple XRP is really simple in Toast Wallet and it can be utilized by anyone easily. Unlike other wallets, the users do not need to go through a bunch of different steps just to be able to store their XRP in Toast Wallet. It also offers a great deal of security to protect the transferred funds.

Hopefully, Toast Wallet is available to use on almost all the platforms. Windows, Android and IOS users, all can use this wallet as a safe place to keep their XRP in. Also, for each platform, a separate application is available. Another really great advantage of Toast Wallet is having no transaction fee and being completely free. The only requirement for using this wonderful wallet is having 20 Ripple XRP reserves as unspendable balance. This amount is needed to process the transaction that you make.

5. Coinpayments

Coinpayments is an online wallet website that enables its users to store their digital assets. It works basically the same way as a normal bank would do. Coinpayments supports over 1300 different altcoins with the transaction fee of only 0.5 percent. The fee applies the same to all types of investors. The company behind Coinpayments is registered and based in Canada. It is also known as one of the most authentic and legit platforms for crypto payment. At first, Coinpayments is free to everyone so anyone can register by a valid ID; But when you make a transaction, then the fee is going to be charged, the general fee is 0.5 percent and the size of the transaction won’t have an effect on it.

Just like many other cryptocurrency platforms, Coinpayments doesn’t limit its users to only exchanging. You can invest your coins via their network which then enables you to use that money for online shopping as well as some other things. Today, thousands of online shops support Coinpayments as a payment method.

Final Words

Ripple is one of the most reliable cryptocurrencies out there while still being affordable. Choosing the right wallet will largely depend on your own personal preferences and also your lifestyle. In this article, we covered 5 of the best and most popular wallets to be used for storing Ripple XRP. Hope it was of help to you.