Ripple (XRP) is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple.
Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency called XRP (ripples). Released in 2012, Ripple purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks."
It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.Official Ripple Website
To store Ripple we recommend that you setup your own cryptocurrency wallet. This gives you the freedom of truly owning your cryptocurrency and doesn't leave your private keys in the hands of a third-party.
There are several Ripple wallets available. From online wallets, mobile & desktop to hardware wallets, the choice is ultimately yours. You should consider basing your decision on your individual requirements. Each wallet type has different pro's and con's, which we have highlighted in our blog post.
We've highlighted different wallets that we recommend in the below section.View wallets
How to store Ripple (XRP)
Toast wallet is a free open source Ripple XRP Wallet for iOS, Android, Windows, Mac and Linux.
Toast set out to build a truly cross-platform Ripple wallet that's simple enough for your grandma but safe enough for a Swiss banker.Visit toastwallet.com
Ledger was launched in 2014 by eight experts with backgrounds in security & cryptocurrencies.
Ledger offer hardware cryptocurrency wallets for cold storage, storing the private offline.Visit ledgerwallet.com
All-in-one app to secure, manage and exchange blockchain assets.
Exodus gives blockchain asset investors a platform to secure, exchange and manage wealth inside one beautiful application.Visit exodus.io
Gatehub is an official wallet for Ripple, offering an online wallet accessible over a web browser.
Their platform offers 2 Factor authentication and boasts a modern, sleak user interface.Visit gatehub.net