How To Setup Ripple Wallet and Address
Ripple (XRP), a bitcoin alternative or successor is making it’s way in the world of digital currency. In order to get started with Ripple, first of all you need to register a Ripple wallet with official website. Ripple is still in beta so currently the only official client is that web client at ripple.com I assume that as Ripple gains popularity there will be mobile phone clients and desktop clients just like bitcoin. Following are the instructions to setup a ripple wallet and ripple address.
Step 1 : Go to ripple.com/client
Step 2 : Create your account by entering your desired username and password.
Step 3 : You’ll be awarded with a Secret Account Key, in case that you lose your wallet name or passphrase. Note down this key and save on a safe place.
Step 4 : Now login with your user name / password. To check your ripple wallet address navigate to “Receive”. For visual guide check the video right after the break.
Once you have an account, next step is to activate it. Unlike in Bitcoin, you cannot simply create as many Ripple accounts as you want you also need to make an initial deposit of 300 XRP, in order for the account to become usable.