What is the best Ripple wallet?
Before you can start your cryptocurrency journey, you are required to have created and set up your personal Ripple wallet. Creating a Ripple wallet makes you able to save and send Ripple. Throughout this article, we will tell you the purpose of a Ripple wallet, the different types of Ripple wallets, the Ripple wallets we recommend and how you can use your Ripple wallet to buy or sell Ripple on the Anycoin Direct platform.
What is a Ripple wallet?
A Ripple wallet is a physical device, software program or service that stores your public and private keys and interacts with the blockchain. Your wallet's public key, that also serves as your "wallet address", can be viewed as the account number of your Ripple bank account. You can access the balance on your public key through your wallet's private key, which is used to approve transactions in the ledger.
What kind of Ripple wallets are there?
There is a wide variety of different Ripple wallets on the market you can use. The possibilities range from digital wallets that can be accessed via your phone and computer to real physical hardware wallets. On the image below you can find the most popular wallets and their characteristics.
Which Ripple wallets does Anycoin Direct recommend?
At Anycoin Direct we have made a selection of recommended Ripple wallets for our customers:
- Online wallet: Online wallet: GateHub
- Software wallet: Exodus
- Mobile wallet: Exodus Mobile
- Full node wallet: RippleD
- Hardware wallets: Ledger, Trezor
Be aware, that Anycoin Direct is not responsible for the usage of these wallets. Always do your own research!
How can you use your Ripple wallet on the Anycoin Direct platform?
You can use your Ripple wallet to buy, sell or trade Ripple on the Anycoin Direct platform. You can find your Ripple wallet address if you click the receive button in your wallet, which has to be filled in the flow when buying Ripple. By clicking the 'send' button in your Ripple wallet you are able to enter the Anycoin Direct Ripple wallet address, which is a required for you to sell Ripple.