Ripple is one of the popular cryptocurrency circulating
around. This is also the platform. Its open-source protocol is designed for
cheap and fast transaction.
Ripple was released in the year 2012 and has the ISC license.
It differs from another crypto as is lacks the blockchain.
The token used for representing the transfer of value is
coined as the XRP. The XRP is the abbreviation of Ripple coin. The token is pre-mined
and in existence.
Ripple XRP can be bought from various currency exchange
platforms. This is available for the exchange of other currencies.
The Ripple Protocol Consensus Algorithm (RPCA) verifies
transections.
Best
Wallet
Some of the Best Wallet for Ripple (XRP) is summarized
below.
Trezor
Trezor is the hardware wallet that can be used in storing the
Ripple XRP. This is one of the secure options available for serious investors.
AtomicXRP Wallet
Atomic wallet is one of the secure wallets available in for
storing the cryptocurrency. The official website claims to be the secure,
transparent, trustworthy and decentralized wallet available.
It is also widely used in the wallet for Ripple XRP.
Binance
This is the dominant cryptocurrency platform that was
established in the year 2017. Platform support the high volume of the
cryptocurrency.
Binance also provides the wallet for ripple XRP.
Ledger
Nano S
This is the hardware wallet that can be used in storing the
ripple (XRP). Despite being an expensive hardware wallet is one of the safe options
to store cryptocurrency.
Toast
Wallet
This is the open-source and free wallet for Ripple XRP. It supports
various platforms like the android, iOS, Windows, Linux, and Mac.
This is the software wallet that stores the Ripple XRP. This
is suitable for the storage of a small volume of Ripple XRP.
Exarpy
This is the hot wallet, which interacts directly with the
ripple network. It is secure, reliable, fast and easy access.
Summery
The ripple is the peculiar cryptocurrency operating in the
Ripple Protocol Consensus Algorithm (RPCA) to verify the transaction. Ripple coin
is pre-mined. The abbreviation of Ripple coin is XRP. There are various wallets available
for the storage of Ripple coin.
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