If you are planning to invest or just simply buy Ripple (XRP), you need one Ripple wallet and you might have a few questions, such as:
- How to buy Ripple?
- What wallet to use for Ripple (XRP)?
- Where should I store my XRP?
Listed below are exchanges from where you can purchase Ripple:
What is the best way to purchase Ripple?
First of all you’ll need to purchase Bitcoin with your credit card or peer-to-peer. There are many places to purchase Bitcoin. I’ll tell you about it below:
- Changelly – here you can exchange BTC (or altcoins) for XRP.
- Binance – another good exchange where you can purchase Ripple using Bitcoin
- Bitfinex, Bitstamp, Kraken, Coinone (Korean), Koinex (India), Bitso, and Coincheck – other great exchanges.
One you have purchase Ripple (XRP), it’s time to store it in a safe place.
Best Wallets For Ripple (XRP)
Let me explain an important thing first, before I share with you the top XRP wallets. You have to understand that Ripple wallets require 20 XRP to book your wallet address – they are not like Bitcoin wallets which are totally free and with no hidden fees.
Let’s say you have 100 XRP you want to add to your wallet. From your current amount, 20 XRP will be booked for the wallet address.
It’s smart to pick one wallet from day 1 and not to go through different wallet addresses and lose 20 XRP all the time.
Ledger Nano S:
Ledger Nano S is a hardware wallet which supports XRP.
It’s easy to use offering amazing security and you can carry it everywhere you want. The Ledger Nano S supports the most popular cryptocurrencies such as:
Here is a overview video of Ledger Nano S:
Other good Ripple Wallets
Toast Wallet – A free open source Ripple XRP Wallet for iOS, Android, Windows, Mac and Linux.
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