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5 Best XRP wallet of 2020

CoinTikka – Adding Spice to your Wealth

Let’s today discuss the best XRP wallet available in the crypto market. Co-founded by CEO Chris Larsen & CTO Jed McCaleb in 2012, XRP token is a digital currency of Ripple Lab. It is an open-source payment network where anyone can transfer money in any currency within seconds. XRP is currently the third-highest cryptocurrency in […]

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Let’s today discuss the best XRP wallet available in the crypto market.

Co-founded by CEO Chris Larsen & CTO Jed McCaleb in 2012, XRP token is a digital currency of Ripple Lab. It is an open-source payment network where anyone can transfer money in any currency within seconds.

XRP is currently the third-highest cryptocurrency in the market by market cap. Last year in 2019 for a brief period it became the second-highest cryptocurrency.

According to CMC the current Market cap of XRP is $8,06,15,44,883 and the approximate return on Investment for it, if purchased at the time of launch is 3,020.69%

Investors who invest in XRP consider it as a long term investment. Therefore holding it in a wallet rather than an exchange is considered a wise decision.

In this guide, I will be sharing the names of some of the best XRP wallets also known as Ripple wallet in the market that are safe, secure, trusted and offers additional features.

The listed Ripple wallets are my personal favorites, some of them have been used by me for my day to day trading activities.

But, first…

What is XRP Wallet(Ripple Wallet)?

In simple words, just like other cryptocurrency wallets an XRP wallet(Ripple wallet) enables you to store, receive and send XRP coin.

Most XRP wallets require their users to hold a minimum of 20 XRP as a balance to activate their Ripple address. So if you add 100 XRP into your Ripple wallet 20 XRP will be used to book wallet address.

This one of the main reasons why you should avoid using multiple XRP wallets.

How to buy XRP?

You can buy it using fiat money or Bitcoin at a cryptocurrency exchanges where it is being traded. Some exchanges do allow you to buy XRP using Ethereum.

I prefer buying it with Fiat or Bitcoin. My top three recommended global cryptocurrency exchanges to buy Ripple are

My top three recommended Indian crypto exchanges to buy Ripple are

Now, let’s start with the list of…

Best XRP Wallet:

1. Toast Wallet:

Toast Wallet is a Ripple(XRP) exclusive wallet. It is an open-source wallet for Android, iOS, Windows, Mac, and Linux.

It is owned by StartStone Limited, a software startup based in NewZealand.

Toast Wallet is a hot wallet and it is completely free. It is less vulnerable to cyber attacks as its encryption keys are generated and stored on the device where it is downloaded.

Advantage of Toast XRP Wallet:

  • Very easy to send and receive XRP using this wallet.
  • Easy to view balance and transaction using the wallet.
  • Generate back up of the wallet in case you lose your device.
  • Encrypted keys are stored on the device only for security purposes.

Visit Website

2. Atomic Wallet:

Atomic wallet is a Multi cryptocurrency, custody free wallet. You can use it to store more than 300 coins and tokens. It is free to download and is available both as a hot wallet and cold wallet.

The Atomic Wallet functions as a decentralized exchange of its own due to features like Atomic Swap and Atomic exchange.

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Advantage of  Atomic Wallet:

  • You can directly buy cryptocurrencies using this wallet.
  • You can also stake crypto using this wallet with zero fees.
  • Access to Private keys of all the different wallets.
  • Available for both mobile and desktop.

Visit Website

3. Ledger Nano S:

It is one of the most secured hardware XRP wallets that comes in a compact size just like a USB with an attached OLED screen.

Since it is not always connected to the internet it falls under the category of cold wallet and therefore it is considered one of the safest wallets.

Advantage of  Ledger Nano S:

  • It supports multi-cryptocurrency storage.
  • All Private keys are stored offline.
  • All data stored in the wallet are secured by a PIN code.
  • It is completely Malware proof.

Visit Website

4. Edge Wallet:

One of the ideal XRP wallets, it is an open-source and non-custodial cryptocurrency wallet available on iOS and Android.

With the Edge wallet, you get direct access to the Ripple network all from a mobile device and perform you can fiat to crypto exchange, crypto to crypto exchange.

Advantage of Edge Wallet:

  • Multi cryptocurrency support.
  • Complete access to Private Key.
  • Support XRP’s Destination tag.
  • Easy to recover the password.

Visit Website

5. Guarda Wallet:

On our list of best XRP wallets, we have Guarda wallet which is a multi cryptocurrencies custody free wallet. It is one of the most trusted mobile wallets.

It is a hot wallet and unlike most other hot wallets it gives access to the Private key of all the wallets built in it. This means that you have full control of your funds in the wallet.

Advantage of Guarda Wallet:

  • Multi cryptocurrency support.
  • Built-in exchange to buy and exchange cryptocurrencies.
  • Supports over 30 cryptocurrencies.
  • Easy to use and easy to set up.

Visit Website

My Thoughts:

The listed XRP wallets in this guide are free to download, you can download and use any one of them depending on your choice as most of them are Multi cryptocurrency wallets.

All of them have the best security features to keep your money safe. They all have brilliant support you can also join their social media channel to stay connected with the latest.

It is always advised to keep a backup of your wallet in case if you lose your device or accidentally corrupt it, you can always restore your wallet using the backup.

Always update your wallet to the latest version and never reveal security details like password, pin or the private key to anyone.

If you are a long term holder then always use a cold wallet to store your crypto assets. If you are a trader then always keep a small balance in your trading wallet (exchange wallet) and transfer the rest to your personal wallet.

Treat your digital currency wallet in the same manner as you treat your fiat wallet. Follow the above set of hidden rules and your wallet will always be safe and secure.

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In the End:

Thanks for reading this guide. I hope you find this guide interesting and informative. I enjoyed writing it for you and I think you might have also.

In case if you have not joined our community on social media then you can now. We are available on the following.

Source: https://cointikka.com/best-xrp-wallet/

Blockchain

Kraken Daily Market Report for May 14 2021

Republished by Plato

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Overview


  • Total spot trading volume at $3.17 billion, 5.3% higher than the 30-day average of $3.01 billion.
  • Total futures notional at $638.8 million.
  • The top five traded coins were, respectively, Ethereum (+2.3%), Bitcoin (-1.4%), Tether (0%), Dogecoin (12%), and Polkadot (-0.6%).
  • Strong returns from Dogecoin (+12%) and Synthetix (8.5%).

May 14, 2021 
 $3.17B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
ETH 
$3796.7 
↑2.3% 
$825.8M
XBT 
$48974. 
↓1.4% 
$779.3M
USDT 
$1.0009 
↑0.08% 
$508.9M
XDG 
$0.5503 
↑12% 
$407.6M
DOT 
$39.663 
↓0.6% 
$165.0M
ADA 
$1.8208 
↓6.1% 
$154.1M
USDC 
$1.0 
↑0.01% 
$95.7M
XRP 
$1.3287 
↓2.5% 
$79.3M
LTC 
$312.26 
↓1.4% 
$52.4M
ETC 
$88.401 
↓0.4% 
$51.6M
EOS 
$10.559 
↓0.07% 
$34.0M
BCH 
$1232.1 
↓1.5% 
$34.0M
LINK 
$43.633 
↑1.2% 
$33.6M
XLM 
$0.6651 
↑1.4% 
$30.2M
NANO 
$10.933 
↓5.4% 
$28.7M
AAVE 
$532.69 
↑4.9% 
$23.0M
KSM 
$510.58 
↓3.3% 
$19.2M
FIL 
$116.34 
↓0.9% 
$14.4M
SC 
$0.0307 
↑0.7% 
$13.3M
YFI 
$67698. 
↑2.6% 
$10.4M
TRX 
$0.1212 
↓0.19% 
$9.58M
ATOM 
$23.629 
↑0.7% 
$8.93M
SNX 
$19.964 
↑8.5% 
$8.79M
ALGO 
$1.3422 
↓0.6% 
$8.75M
XMR 
$398.66 
↓0.9% 
$8.7M
XTZ 
$6.0497 
↓0.9% 
$8.06M
ZEC 
$288.35 
↓2.5% 
$7.03M
UNI 
$37.991 
↑1.8% 
$6.93M
FLOW 
$24.679 
↑2.2% 
$6.27M
DASH 
$357.46 
↑0.18% 
$5.15M
DAI 
$1.0002 
↓0.01% 
$5.09M
OMG 
$9.7649 
↑1.4% 
$4.35M
OCEAN 
$1.1936 
↓0.3% 
$4.12M
KAVA 
$5.3777 
↑0.5% 
$3.99M
EWT 
$15.814 
↓4.4% 
$3.78M
QTUM 
$20.106 
↓3.0% 
$3.46M
CRV 
$3.3409 
↓0.4% 
$3.04M
WAVES 
$30.683 
↓3.4% 
$2.88M
MANA 
$1.2435 
↓0.5% 
$2.75M
GRT 
$1.2896 
↓1.7% 
$2.63M
ICX 
$2.0734 
↓0.8% 
$2.48M
PAXG 
$1852.2 
↓0.12% 
$2.45M
COMP 
$774.63 
↑1.1% 
$2.31M
BAT 
$1.1887 
↓0.12% 
$2.23M
KEEP 
$0.5042 
↑0.5% 
$2.19M
REPV2 
$36.097 
↓0.4% 
$2.06M
LSK 
$6.7568 
↓5.2% 
$1.98M
STORJ 
$1.6898 
↓0.4% 
$1.89M
KNC 
$2.9788 
↓0.21% 
$1.26M
OXT 
$0.5575 
↑1.7% 
$1.05M
BAL 
$60.560 
↑1.2% 
$979K
GNO 
$250.55 
↑3.0% 
$883K
ANT 
$8.0996 
↓0.8% 
$867K
MLN 
$105.13 
↑1.2% 
$864K
REP 
$39.528 
↑1.6% 
$423K
TBTC 
$50620. 
↓1.8% 
$95.5K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (May 14 2021)



Figure 2: Mid-size trading assets: (measured in USD) (May 14 2021)



Figure 3: Smallest trading assets: (measured in USD) (May 14 2021)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (May 14 2021)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (May 14 2021)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (May 14 2021)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (May 14 2021)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://blog.kraken.com/post/9130/kraken-daily-market-report-for-may-14-2021/

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Blockchain

Ternoa Blockchain’s NFT-based data transmission project gets LVT Capital as a partner

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Ternoa Blockchain has found a new partner as it introduces its NFT-based data transmission service to the market.

The company received an investment from Australia-based private equity firm LVT Capital to form a strategic partnership aimed at enhancing the sustainability, innovation, competitiveness, and dependability of Ternoa’s services that allow users to build time capsules for safely transmitting their memories and important data to their descendants even after death.

Building on LVT’s Expertise

With its focus on blockchain, crypto, and tech projects, LVT Capital has already proven its expertise in these areas with its numerous collaborations and investments. The company has already made investments in more than 40 top-caliber crypto, real estate, finance, education, and cybersecurity firms with 200 more under evaluation for potential collaborations.

LVT Capital has the market and technology expertise as well as the resources to enhance Ternoa’s unique service and promote it to boost the company’s competitiveness. For instance, LVT Capital has its own media & marketing services and an online publishing arm focused on blockchain, technology, and business, which makes the firm a perfect fit for Ternoa.

Ternoa Blockchain Offers Customizable Time Capsules

Ternoa Blockchain found a new way to use NFT and blockchain technologies to help people handle their data storage and transmission needs, which is one of the reasons for LVT Capital’s decision to invest in its business. With its Polkadot-powered, NFT-based customizable time capsules, people can securely transmit their memories such as photos, videos, and other important data to future generations or simply use the platform as a secure storage solution.

Ternoa’s platform is flexible enough and gives users several options on how they wish their data to be retrieved by their intended recipients. The available transmission protocols are Safe Protocol, Consent Protocol, Death Protocol, D-day Protocol, and Countdown Protocol.

  • Safe Protocol – Data owners can retrieve data at any time, which makes use of Ternoa as a secure and portable storage solution.
  • Consent Protocol – Recipients can access the time capsule as long as the original owner does not use his veto option.
  • Death Protocol – The time capsule will be delivered to the beneficiaries upon the death of the creator based on local death registries APIs.
  • Countdown Protocol – Introduces a countdown feature which can be set to1 month, 1 year, or 10 years. The time capsule will be delivered to the recipient if the countdown reaches the limit. The creator can reset the countdown at any time.
  • D-day Protocol – Time capsule can only be accessed on a specific date, which is set by the creator.

While the loss of data is always an issue for other data storage solutions, Ternoa eliminated this risk by making copies of the files inside the time capsule, which are stored in other dex storage blockchains. At the moment, Ternoa sends these copies to Aerweave, Sia, and Storj while keeping the original version in its network. To learn more about the project, click here.

IMPORTANT NOTE: This is a paid press release, which BitcoinerX has posted as part of a commercial agreement. BitcoinerX is not responsible for producing this content and does not endorse the products or services mentioned. It is the responsibility of the company posting the press release to ensure the material is credible and accurate. BitcoinerX is not responsible for any damage or loss caused to anyone who chooses to use the company, product or services mentioned in the press release. BitcoinerX does not recommend using the information in the press release to form the sole basis of investment decisions.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://bitcoinerx.com/blockchain/ternoa-blockchains-nft-based-data-transmission-project-gets-lvt-capital-as-a-partner/

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Blockchain

Altcoins pop while Bitcoin looks for support near $50,000

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Bitcoin (BTC) continues to look for direction but as this occurred, Ether and altcoins bounced higher from the May 13 sell-off. Dogecoin shocked investors with its 47% rally that kicked off after Coinbase announced that it would list (DOGE) in the coming months. Doge price also rallied after Elon Musk tweeted that he was “Working with Doge devs to improve system transaction efficiency. Potentially promising.”

While many altcoins have seen double-digit gains during the recovery the price of Bitcoin (BTC) has continued to languish near the $50,000 level as whale wallets containing at least 1,000 BTC have declined by 4.7% compared to the previous month, indicating possible profit taking or a rotation into different assets.

Data from Cointelegraph Markets and TradingView shows that while the Bitcoin recovery has been muted, demand for Ether (ETH) led to an 18% rally as the altcoin notched an intraday high at $4,173 on May 14.

ETH/USDT 4-hour chart. Source: TradingView

Gains in the top altcoin come amidst mixed fundamental developments, with data from Glassnode showing that wallets holding at least 32 ETH have been steadily declining in recent months suggesting that fewer people are interested in becoming “full validators” for the network’s upcoming proof-of-stake blockchain.

Altcoins rally higher

While the debate about whether or not the market is officially experiencing an altseason rages on, one of its trademark characteristics is a sideways trading Bitcoin that leads to traders refocusing their attention on the altcoin market and leading to a decline in Bitcoin dominance.

Percentage of total market capitalization dominance. Source: CoinMarketCap

One of the breakout stars of 2021 is Polygon (MATIC), which has seen its price rally 60% over the past 24-hours to reach a new record high at $1.75.

Another project whose price surged 45% from the lows on May 13 is iExec RLC (RLC), a decentralized cloud computing network that got a boost of adrenaline earlier in the week after Coinbase revealed that it would list the token.

Other notable performances include an 80% increase in the price of Ergo (ERG) and a 48% increase in the price of Sora (XOR) which lifted the token’s price back above $800.

Daily cryptocurrency market performance. Source: Coin360

The overall cryptocurrency market cap now stands at $2.307 trillion and Bitcoin’s dominance rate is 40.3%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cointelegraph.com/news/altcoins-pop-while-bitcoin-looks-for-support-near-50-000

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