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Topic: Best way to store Ripple coins, in my account or download a wallet? (Read 545 times)

brand new
Activity: 0
Merit: 0
Need to sell a crypto now?
full member
Activity: 691
Merit: 100
Save it and if you have doubts, it's better if you save it in a wallet that can be downloaded.
If you keep ahead of positive thoughts, just let all the XRPs stored on Bittrex Ekchange be full of confidence.
member
Activity: 242
Merit: 10
CurioInvest [IEO Live]
if you want to store for a long-term investment and the coin supports this possibility, you can store on multi-wallets.  a small number of coins makes sense to leave on the stock exchange


If you do not plan to trade these coins, it is better not to keep them on the exchange. The exchanges are often hacked and your money can be stolen. It is most reliable to keep money in your wallets, and it is best to split them into 2-5 wallets.
newbie
Activity: 28
Merit: 0
When need to start buying?
newbie
Activity: 14
Merit: 0
when moment to buy?
full member
Activity: 644
Merit: 100
You can just divide the tokens into parts,and make them on different exchanges, that's all, and do not sweat than for ripple to start a purse,I would do so, although it may be more convenient for you to keep the entire amount in one place,as they say, for the color and taste of the lover
newbie
Activity: 14
Merit: 0
I'm tired of such hills
newbie
Activity: 14
Merit: 0
Waiting for Bitcoin 1k
jr. member
Activity: 182
Merit: 1
if you want to store for a long-term investment and the coin supports this possibility, you can store on multi-wallets.  a small number of coins makes sense to leave on the stock exchange
jr. member
Activity: 154
Merit: 1
Of course the safest place to store it is a cold wallet without access to the Internet. But if you are trading on the exchange then be sure to put two-factor authentication !
member
Activity: 252
Merit: 10
Of course, if I were you, I would transfer to my wallet, hackers are more likely to attack the stock exchange than simple wallets.
full member
Activity: 546
Merit: 100
Download the wallet and make sure that you are the only one that has the private keys to the wallet. There is no better place for you to store your coins than on your own wallet that you have downloaded and you are the only one who has access to it. Every other thing is just risky and the only thing better than your own wallet is a hardware wallet
member
Activity: 463
Merit: 11
SOL.BIOKRIPT.COM
I just leave my coins on whatever exchange I am trading them. I haven't gotten any problem doing that regardless of how much my token is. What is happening is that only those who have problems are being reported while there are hundred thousands users storing their coin without have any problem. I think the odds of having a problem to an exchange will be 1/1000 so there is nothing to worry about storing your coins on the exchange. They are meant for that as well.
jr. member
Activity: 238
Merit: 7
It would be a great security measure from your side to send your XRP to your personal wallet, keeping a large amount on an exchange is not safe, but if you want to trade them for short term then keep only that amount of XRP which you are willing to do so, part of it transfer to your wallet for which you have the private keys. The best wallet could be Nano LedgerS only. Exchanges can be compromised any time which results losing your XRP.
member
Activity: 658
Merit: 10
I think if you store your coins in big exchange like bittrex, coinbase or another big exchanges it will be safe than store your coins in wallet like MEW especially if you access your MEW with Private key it will be more dangerous.
sr. member
Activity: 728
Merit: 250
I believe it would be a lot safer to store your coins away from the market. We don't really hope that the exchange will get hacked, but just in case a worst thing happened, we still able to safe our assets.
full member
Activity: 688
Merit: 101
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 strongly suggested that dont store all your assets in an exchange site, or else it would be lost unluckily. i mean, exchange sites are not totally safe to put all our assets although they has a strong and updated security, because now aday it maybe more prone to been hacked someday. there are many exchange sites that been hacked in the past, and all the traders in there are get regrets by putting all their assets in an exchange site.
hero member
Activity: 3080
Merit: 603
It's not advisable to leave most of your coins on exchange if you are not going to trade it anymore.

if you want to hold it for better and tighter security, avail your own hardware wallet.

1. Ledger Nano S
2. Trezor
3. Keepkey
jr. member
Activity: 199
Merit: 1
Finally got my coins a little more secure.  I got a Ledger Nano S last week, but just got around to setting it up tonight.  I moved 2000 XRP to my Ledger, and put 750 XRP in my account on another exchange, and 750 XRP in my account on yet another exchange.  This way my XRP is in 4 different places, so I think that reduces the chances of a complete hack-fuckery to a minimum.

I agree that moving all my XRP to the Ledger might be the best thing, but I don't trust any one thing to have all my coins in it.

Now I just need Ripple to surge over $5000 per coin long enough for me to cash out and retire.
jr. member
Activity: 199
Merit: 1
I was looking on Coinbase, and it seems that they just give the prices for XRP, I did not see a way to park some XRP there.  Can it be stored there?  I don't think so.
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