HazzaHat Posted May 26, 2017 Share Posted May 26, 2017 I am still waiting for Authy to update the new mobile number. As soon as that is complete I will try to migrate from Ripple Trade to GateHub. I already lost various currency in the Cryptsy debacle therefore as a precaution prefer to avoid storing them online especially after digging out my old logins for Ripple when I learned about the recent rise in value of Bitcoin, XRP and alike. What would be the best or safest option to store XRP? Returning back to the world of Crypto after a significant time out I read about Rippex so downloaded the Rippex wallet on my PC. My first impressions are quite positive, it has a with a nice easy on the eye UI. There does not seems to be any block chain downloading on the PC so it is not eating up space on the hard drive and shows the balance in seconds. I found this link which provided a great intro so thought to give it a try: https://cryptorum.com/threads/rippex-guide-for-storing-ripple-xrp.89/ I also read about offline paper wallets: http://ripplepaperwallet.com/ In my opinion no matter how many benefits and assurances any online solution provider offers, there is a definitely a risk involved and that risk is almost always greater than the risk of storing Crypto on your own PC/Laptop. There is also (very sadly) a risk of the operators/owners of an online wallet provider to scam customers Cryptsy-style. On top of that risk that hackers want to target Crypto exchanges and online wallet providers as they know where to target them. It seems that apart from regularly updating a home PC with anti-virus, anti-malware and anti-ransomware software along with taking basic steps when online, your Crypto is fairly safe (or safer) on your PC. Which would be a better solution considering there will always be a need to send and receive XRP from time to time and also to check the balance too: Rippex PC Wallet or Paper Offline Wallet? Many Thanks Link to comment Share on other sites More sharing options...
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