What Is XUMM?
XUMM is a highly secure non-custodial wallet designed specifically for the XRP Ledger, offering seamless interactions with the XRPL and third parties while safeguarding your private keys. As a non-custodial wallet, it places the responsibility of managing wallet keys and passwords in the hands of the individual, emphasizing the need to keep them safe at all times. Its primary goal is to provide a user-friendly and secure platform for easy sending, receiving, and interacting with the XRPL.
One of the key features of the XUMM wallet is its use of sign requests, simplifying interactions between parties through a process as straightforward as QR code scanning. It’s an ideal choice for the XRPL as it supports signing all XRP transactions, including payments and escrows. Additionally, the wallet allows users to track, send, and receive XRP as well as IOU tokens or currencies.
Activating XUMM Wallets
To get started with the XUMM wallet, users need to visit the official XUMM website and download the app on their Apple or Android devices. To activate the wallet, a minimum deposit of 10 XRP is required, and this amount is automatically reserved to keep the wallet active.
XUMM is a highly secure non-custodial wallet designed specifically for the XRP Ledger, offering seamless interactions with the XRPL and third parties while safeguarding your private keys. As a non-custodial wallet, it places the responsibility of managing wallet keys and passwords in the hands of the individual, emphasizing the need to keep them safe at all times. Its primary goal is to provide a user-friendly and secure platform for easy sending, receiving, and interacting with the XRPL.
It’s worth noting that the XUMM wallet is exclusively available for mobile phones, and this decision is driven by two essential factors. Firstly, mobile environments are inherently more secure compared to desktops, as they are less vulnerable to viruses, keyloggers, and other hacking techniques. Secondly, mobile phones offer greater personalization and convenience for carrying out transactions, making them an optimal choice for users interacting with the XRPL through the XUMM wallet.