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Step-by-Step Guide to Setting Up an XRP Ledger Wallet for ATOM

Step-by-Step Guide to Setting Up an XRP Ledger Wallet for ATOM

Introduction: The First Step to Owning ATOM

If you’re interested in ATOM XRPL, you’re looking at one of the rarest digital assets ever created. Unlike traditional cryptocurrencies that have millions or billions of tokens in circulation, ATOM has a total supply of just one token, making even small fractions highly valuable.

But before you can buy, trade, or hold ATOM, you need a secure XRP Ledger (XRPL) wallet to store it. Since ATOM operates on XRP Ledger, it requires a wallet that supports XRPL-based tokens.

This XRP Ledger wallet setup guide will walk you through everything you need to know, from choosing the right wallet to securing your private keys.

Let’s get started.

Why You Need an XRP Ledger Wallet for ATOM

ATOM is built on XRP Ledger (XRPL), which offers:
 ✔ Fast and low-cost transactions (fees are often less than a cent).
 ✔ Decentralized trading and storage for XRPL tokens.
 ✔ A secure and efficient way to hold rare assets like ATOM.

Since ATOM does not have a traditional blockchain like Ethereum or Solana, it must be stored in an XRPL-compatible wallet. Choosing the right wallet ensures:

  • You have full control over your ATOM.
  • Your funds are protected from hacks and scams.
  • You can easily trade or transfer ATOM when needed.

Now, let’s explore the best wallets for setting up an XRP Ledger account.

Best Wallets for Storing ATOM XRPL

1. Xumm Wallet (Recommended for Beginners & Traders)

Xumm Wallet is the most popular non-custodial wallet for XRPL tokens, offering:
 ✔ Direct integration with XRP Ledger tokens like ATOM.
 ✔ A user-friendly mobile app for iOS and Android.
 ✔ QR-code-based transactions for fast and secure trading.

✅ Best For: Active traders and daily ATOM holders.

2. Ledger Nano X (Recommended for Long-Term Security)

Ledger Nano X is a hardware wallet that keeps your assets offline, making it the most secure way to store ATOM.

✔ Cold storage (not connected to the internet, making it hack-proof).
✔ Private keys never leave the device.
✔ Supports all XRP Ledger tokens, including ATOM.

✅ Best For: Long-term ATOM investors who prioritize security.

3. Trust Wallet (Recommended for Multi-Crypto Holders)

Trust Wallet supports XRP and XRPL-based tokens while also allowing you to store other assets like Bitcoin, Ethereum, and NFTs.

✔ Great for managing multiple crypto assets in one place.
✔ User-friendly mobile app with an intuitive interface.
✔ Secure backup and recovery options.

✅ Best For: Investors who hold ATOM alongside other cryptocurrencies.

Step-by-Step XRP Ledger Wallet Setup Guide for ATOM

Step 1: Download and Install Your Chosen Wallet

First, pick one of the XRPL-compatible wallets listed above and install it on your device.


For Xumm Wallet (Recommended for Most Users)

  1. Go to the official Xumm website – Download Xumm.
  2. Install the app on your iOS or Android device.
  3. Open the app and click “Create New Account.”


For Ledger Nano X

  1. Buy a Ledger device from the official store – Get Ledger Nano X.
  2. Download Ledger Live (the companion app for managing your wallet).
  3. Follow the setup instructions to initialize your Ledger device.


For Trust Wallet

  1. Go to the official Trust Wallet website – Download Trust Wallet.
  2. Install the app on your phone.
  3. Create a new wallet and back up your recovery phrase.

Step 2: Secure Your Wallet

Before transferring any funds, it’s critical to secure your wallet properly.

✔ Write down your recovery phrase – This is your only way to recover your wallet if you lose access.
✔ Enable biometric authentication (fingerprint or Face ID).
✔ Use a strong password for added protection.
✔ Store your backup phrase in multiple safe locations (offline, not on your phone or computer).

Important: Never share your recovery phrase with anyone. Scammers may try to trick you into revealing it.

Step 3: Activate Your Wallet with XRP

XRP Ledger requires a small amount of XRP to activate a new wallet. This is called a "reserve requirement" and is currently set at 10 XRP.


How to Fund Your Wallet with XRP

  1. Buy XRP from a Crypto Exchange (Binance, Coinbase, Kraken, Uphold).
  2. Send XRP to your newly created wallet address.
  3. Wait for the transaction to confirm (usually within seconds).

Once your wallet is funded with XRP, you’re ready to store ATOM XRPL.

Step 4: Add ATOM XRPL to Your Wallet

To hold ATOM in your wallet, you’ll need to manually add the token using the contract address.


How to Add ATOM in Xumm Wallet

  1. Open Xumm and go to “Add Assets.”
  2. Search for ATOM XRPL.
  3. If ATOM is not listed, manually enter the token’s contract address.
  4. Confirm and save ATOM as one of your assets.

Step 5: Securely Store ATOM for the Long Term

Now that your wallet is set up and funded, it’s time to hold ATOM securely.


Best Practices for Storing ATOM Long-Term

✔ Use a Hardware Wallet (Ledger Nano X) for Maximum Security.
✔ Enable Multi-Layer Security on Software Wallets (2FA, Biometric Lock, PIN).
✔ Monitor Your Holdings Using XRPL Blockchain Explorers.
✔ NEVER Store Your Private Keys or Recovery Phrase Online.

How to Track ATOM Transactions

Use an XRPL blockchain explorer to monitor your ATOM balance:

This ensures your assets are secure and properly stored.

Common Mistakes to Avoid When Setting Up an XRPL Wallet

🚫 Leaving Your ATOM on Exchanges – Exchanges can be hacked. Always move your ATOM to a private wallet for security.

🚫 Ignoring Wallet Backups – If you lose your recovery phrase, you lose access to your ATOM forever.

🚫 Using an Unverified Wallet – Only download wallets from official sources (Xumm, Ledger, Trust Wallet).

🚫 Falling for Scams – If anyone asks for your private keys or recovery phrase, they are trying to steal your crypto. Never share your seed phrase.

Conclusion: Store Your ATOM Securely for the Future

ATOM XRPL is one of the rarest crypto assets ever created, making proper wallet setup and security essential. Whether you’re a trader, long-term investor, or collector, following the right steps ensures your ATOM remains safe and accessible.

Quick Recap: XRP Ledger Wallet Setup Guide for ATOM

✔ Choose the best wallet (Xumm for trading, Ledger for security, Trust Wallet for multi-asset storage).
✔ Fund your wallet with XRP to activate it.
✔ Manually add ATOM XRPL to your wallet.
✔ Back up your recovery phrase and enable multi-layer security.
✔ Monitor your ATOM holdings on XRPL explorers.

By securing your ATOM now, you’re ensuring your investment remains protected as demand for ultra-rare digital assets grows.

The question is—how much of ATOM will you store before it becomes a legendary digital asset?