The most important mistake new cryptocurrency users make is leaving money on an exchange after buying.
Because if the exchange gets hacked, you will lose money. The wallets below will let you take your coins into your own hands and have true control over your XRP.
The Nano S is made by Ledger, a Bitcoin security company based in France. They have been creating cryptocurrency hardware wallets since 2014.
The Nano S costs about $65 and can be ordered from Ledger’s website.
If you are buying XRP that you plan to hold for a while, then the Nano S is probably the easiest way to securely store your XRP for a long period of time. When digital currency is stored on online computers, it can easily be obtained by malware or hackers. The Nano S stores your XRP offline and away from hackers or malware. The Nano S stores your private keys which control your XRP in its secure offline enviroment.
Toast Wallet makes it easy to send, receive and store XRP on your Android phone.
You can check the Toast Wallet website for more info.
Like Android, Toast Wallet is the best available wallet for XRP on iOS.
Its source code is also open source.
Toast Wallet is also available on desktop for Mac, Windows and Linux. You can download the application from the Toast Wallet website.
It is probably fine for short periods, but if you are serious about securing your XRP then it is worth it to pick up a hardware wallet.
Gatehub is often recommended as a Ripple web wallet. However, since many Bitcoin users have lost money when using web wallets, we’re not going to cover that wallet here.