Paycheck (OP)
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September 07, 2018, 02:18:38 AM |
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During 2018, I've been mining on NiceHash and trading my BTC for XRP on the Bittrex exchange. I have about 4200 XRP, all sitting in my Bittrex account.
I've been wondering if it is ok to leave it there, or would I be better off storing at least part of it in a downloadable wallet?
Are any exchanges besides Bittrex dealing in Ripple these days? I have Coinbase and Gemini accounts, but no XRP there yet.
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Camster
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September 07, 2018, 03:14:44 AM |
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I have been using the toast wallet with great success. There were a few option if I remember correctly however I believe the toast wallet was the hands down favorite that I gained from my research. Toast is the only RIPPLE wallet I have used and it has worked flawless.
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Paycheck (OP)
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September 08, 2018, 12:29:30 AM |
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Is the toast wallet reliable, as in Bitcoin Core reliable? I'd like to spread my coins over several storage places instead of HODLing them all in one spot.
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bitmover
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September 08, 2018, 02:06:09 AM |
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I have a small amount in my ledger nano
I recommend ledger nano to everyone. It's a worth investment. It's good to invest in your security. Bittrex is a nice exchange, but every exchange is a great attack vector. It will probably he hacked one day, so many people trying.
Move your coins to a wallet, and ledger nano is a safe bet.
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DarkVampire
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September 11, 2018, 02:05:47 PM |
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I keep my coin in ledger nano. I suggest every one to use this. It secure your coin and transaction. Bittrex is a very god exchange but there is a great attack vector in every vector. So I prefer ledger nano.
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tamango
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September 11, 2018, 02:11:11 PM |
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I think you should not leave your coins on any exchange becasue they are the main target for hackers. Buy a Ledger Nano S if you haven't one and store your coin there.. it's one of safest wallet you can have actually
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Hanebel
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September 11, 2018, 02:16:34 PM |
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It is always safer not to store your coins in an exchange because of hacking issues. I agree with "bitmover" above, store it in ledger nano since hardware wallets are the best on terms of security. You can have it for less than 500 XRP.
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BogdanGFTP
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September 11, 2018, 03:22:19 PM |
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Holding a large amount of coins at exchange account is not the safest way to store cryptocurrency. The most safety option here is to use a hard wallet or even a different computer/server without online access. But for small amount of coins holding at the exchange account is a good choice.
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eternalgloom
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September 11, 2018, 03:30:15 PM |
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Ledger Nano is definitely the easiest and safest way to store your Ripple. They're not that expensive and really your best option if you have more than, say, $100 worth of crypto.
I guess a desktop wallet might be slightly better than using the web wallet, but I would really recommend just getting a hardware wallet.
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yla1974
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September 11, 2018, 03:31:15 PM |
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Everyone decides how and where to keep their money. If you use sales and purchases, to increase the number of coins, the withdrawal from the account will be silly. If for long storage, then yes, only on a cold purse, and expect. Decide to you what you are pursuing the goal!
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Ostonian
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September 11, 2018, 03:37:21 PM |
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It is best to store cryptocurrency on hardware purses. As for me, this is the most convenient and safe way of storage. And any electronic wallet is susceptible to breaking, under which the cryptocurrency can be stolen.
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Caesar-Giulius
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September 11, 2018, 04:39:05 PM |
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IMO, exchange is not a safe place to store your ripple for long. As far as I know of, there is no official wallet from the ripple developer. You are better off saving your ripple in hardware wallets.
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CoinsOrDie
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September 11, 2018, 04:43:41 PM |
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During 2018, I've been mining on NiceHash and trading my BTC for XRP on the Bittrex exchange. I have about 4200 XRP, all sitting in my Bittrex account.
I've been wondering if it is ok to leave it there, or would I be better off storing at least part of it in a downloadable wallet?
Are any exchanges besides Bittrex dealing in Ripple these days? I have Coinbase and Gemini accounts, but no XRP there yet.
Do not let cypotocurrency at the exchange, because the exchange can be attacked at any time. Or you will lose control of the account if your email is hacked. The best way is make your computer is clean and download a wallet to store XRP.
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cryptoherr
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September 11, 2018, 04:46:55 PM |
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it depends on the amount you want to store. A ripple wallet Costs you 25 xrp i think, in order to activate it. So if you want to store samll amounts just use an exchange
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asritajudin
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September 11, 2018, 04:53:29 PM |
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In my own opinion, I do not think it is good to store your funds on an exchange for long long time because anything can happen, I believe it will be better if you download a more potential hardware wallet as it is reliable and you can keep your coin there for a long term.
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Emmy92
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September 11, 2018, 04:57:46 PM |
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I think the best way to store any coin is in a wallet you have control of, that is a wallet you have its private key. This is my opinion, you can make further enquiries so as to make the right decision.
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ETHTachometer
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September 12, 2018, 06:41:50 PM |
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I'd suggest you to store some part of it in a wallet and some part of it in the account. In that case you should keep in account only the amount you can afford to lose and the rest of that in the wallet. So that , you can have a part in storage and another part ready for any kind of exchange.
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m.awanda
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September 13, 2018, 04:59:08 PM |
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Ripple is 3rd largest cryptocurrency by market cap. It’s important to store coin in a wallet very safely. There are many wallets to store ripple. Personally I think Ledger nano s is very good to use.
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Walter edmond
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September 16, 2018, 01:08:25 PM |
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There are a lot of options to choose from. The two best ones are toast and nano ledger. But in terms of the best one among these two, nano ledger is the one that will be easy to use for all topes of users.
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GERMO COIN
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September 16, 2018, 01:11:03 PM |
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if I think downloading a wallet is the right choice to save your coin Ripple, because your coin Ripple will definitely be safe if it is stored in a wallet.
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