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ap17

03/07/22 4:13 PM

#31652 RE: Reluctant Observer #31651

Mahalo! Sir.

You have really 3 options that are pretty safe.
The wallet called xumm, the lender called nexo, which use COLD storage and have a 375MM insurance policy, and if you rather pass on both of those, a Hardware wallet such as NANO or Trezer. I have a nano which is empty right now, since I have 4 coins including XRP on NEXO earning interest daily.

All are somewhat simple options, but for the nano/trezer you'll need to buy the device, maybe around $100.....not exactly sure. The xumm wallet is minimal one time 10 xrp cost, and NEXO is 100% free. Just not sure about the current interest rates for new accounts, I've been with them over a year.

dshade

03/07/22 4:32 PM

#31654 RE: Reluctant Observer #31651

Create XUMM wallet and NEXO as well

Weed farmer

03/07/22 5:48 PM

#31656 RE: Reluctant Observer #31651

Ledger offline

trunovice

03/07/22 6:09 PM

#31657 RE: Reluctant Observer #31651

Nano Ledger cold storage is the safest of all especially if you plan on holding.

WiseYoda

03/08/22 1:29 AM

#31661 RE: Reluctant Observer #31651

Buy a Nano X right away. There like $120. After you get it watch this video of how to set it up. Its not hard to do. Watch it 3-4 times if necessary. Its critical to learn how to use a cold wallet. After you have your Nano X set up look up a tutorial video on YouTube of how to send XRP from Coinbase to Nano X. Crypto Daddy and others have short videos going through the steps. Its very easy to learn. Focus & get it done.

Ledger Nano X Tutorial - How To Setup Device - Beginners Guide

WiseYoda

03/08/22 1:32 AM

#31662 RE: Reluctant Observer #31651

And always buy a Ledger directly from the companies website. Stay away from third parties.

Ledger - Home of the first and only certified Hardware wallets | Ledger
https://shop.ledger.com/