How to Buy Ripple (XRP)

Buying Ripple (XRP) is the easy part, you contact us.┬áRipple wallets require 20 XRP to be activated. You can’t start one with less than 20XRP at this time.

Before buying any altcoin you need to make sure you have a wallet set up for that kind of coin. Each different type of cryptocurrency uses a different protocol so you may need to have a different wallet for each kind of coin. That means you can’t put Ripple in a Bitcoin wallet.

Coinomi is a great option that handles multiple types of cryptocurrencies but it doesn’t yet offer a Ripple wallet. At the moment there is not a good XRP wallet option for Android or iPhone.

If you are looking for long term or “cold storage” a paper wallet is a great option.

If you are looking for a wallet you can access frequently, a desktop wallet is the only practical solution. Here is a tutorial of how to set one up.

A great option if you don’t mind the expense is a Ledger hardware wallet. They are about the size of a usb flash drive and allow you to store multiple kinds of cryptocurrencies in one place. A Ledger Nano S currently costs about $70 and because they are a great option they are often out of stock. Ledger also has options hardware wallets with more features at a higher cost.

As with any wallet you want to be sure you have control of the private keys. This means you are the only person that has access to the codes or “keys” that encrypt your wallet. Don’t share those keys. Back them up and put them in a safe place.

Have a question or comment about Ripple? Are you an XRP pro with a suggestion for us? Leave a comment below.

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