# Overview

XRP (Ripple) wallets help users to safely send and receive XRP as well as facilitate daily transactions for artists and collectors in the NFT space, but they’re incredibly useful for so many other things. 

From earning interest in Ripple, to buying, selling and viewing NFTs, cryptocurrency wallets on Ripple enable lightning-fast transactions at lower fees than traditional banks and are the keys to the digital future of finance for the masses.

<figure><img src="/files/6cbyUgy6bhQy0endEH4G" alt=""><figcaption></figcaption></figure>

Ripple, created by Ripple Labs, runs on the XRP Ledger, which is not a proof-of-stake blockchain; instead, it uses a consensus protocol  (via a group of bank-owned servers) to verify transactions and create new blocks. You can’t, therefore, stake XRP to earn rewards. Ripple offers a payment settlement asset exchange and is in competition with SWIFT, the current mainstream system for international money and security transfers.&#x20;

The Ripple blockchain is decentralized and permissionless. Transactions are very energy efficient, speedy (confirmation occurs in seconds), and cost very little. It ranks among the most valuable blockchain-based tokens by market capitalization, with a very high level of real-world applications.&#x20;

### Key Takeaways for Creators and Collectors

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There are plenty of great options to choose from when it comes to Ripple wallets, each with its own unique points plus added functionality. Your wallet should let you:

* **Manage XRP and Ripple native tokens**
* **Safely store your NFTs and Ripple native tokens** to use and view at your discretion
* **24/7 access to your funds** to transact and cash out whenever you want
* **Access and use a growing number of dApps** via your wallet
* **Allow compatibility with a hardware wallet**, such as a Ledger Nano X, which is the best way to keep your assets safe.

*"What’s the best wallet for me?"*&#x20;

Check out our carefully-selected Ripple wallets to find the one that works best for your needs.


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