Ripple is looking like it will be the cryptocurrency to focus on in 2018, with over 80 banks adopting the Ripple platform, it is time to consider Ripple as a viable investment. To invest in Ripple you will need a Ripple wallet. Below we have highlighted a service that will walk you through the process as well as other good wallet options. Ripple, instead of trading via one paper ripple the many brokerage firms that support XRP and other cryptocurrencies, you will, at some point, have to decide on which wallet you want to store your precious XRP tokens in.
Ripple wallets require you to have 20 XRP to reserve your wallet address. Having said that, the charge only applies if you’re planning on holding XRP on the Ripple ledger. So, when you deposit into or buy from an exchange, you shouldn’t be charged because it’s the exchange that technically owns the address, not you. There is a lot of confusing jargon surrounding cryptocurrency wallets. Do you want a software-based cryptocurrency wallet?