How To Store & Secure Your Reserve Rights (RSR)

One of the rising and definitely one of the most interesting stablecoin projects we have today. Yes, the project is quite small for now, but Reserve Protocol is definitely something we should just ignore due to it being backed by Peter Thiel; yes, Peter Thiel, one of the founders of PayPal.

💡 Achieve enterprise-grade wallet security by using a Ledger hardware wallet.



But as you may know, having great and successful cryptocurrency investments are pretty pointless if your funds are insecure and could be potentially stolen sometime in the future.

So if you’re a fan of the Reserve Protocol and are looking for a guide to properly secure your RSR, you’ve come to the right place.

What wallet should I use?

Reserve Rights (RSR) is currently an Ethereum ERC20 token. So just like any other ERC20 token, you can store your Reserve Rights (RSR) on reputable Ethereum wallets like MyEtherWallet(MEW) and MyCrypto; or preferably, through a reputable hardware wallet like a Ledger Nano S or the newer and Bluetooth-enabled Ledger nano X if you’re holding a significant amount.

How do I create a secure Ethereum wallet for my RSR tokens?

You can follow our guide here: How To Create a Secure Ethereum Wallet

After creating an Ethereum wallet using our guide, you can simply send out your RSR tokens to the Ethereum address of the wallet you’ve created.

Does the Ledger Nano S or Nano X support Reserve?

Yes, Ledger hardware wallets do support RSR tokens and all Ethereum ERC20 tokens in general. We heavily suggest going this route if you want to maximize the security of your funds.

Don’t have a Ledger hardware wallet yet? You can grab one here.

How do I store my RSR on the Ledger Nano S/X?

If you own a significant amount of money on Reserve Rights or any other cryptocurrency, we heavily recommend using a hardware wallet like the Ledger Nano S/X. You can follow our guide here: Store your Ether & ERC20 Tokens on the Ledger Nano S/X

After installing the Ethereum app on your Ledger Nano S/X and on Ledger Live, simply send in your RSR to your Ethereum address on Ledger Live.

After sending in your funds to your Ethereum wallet on Ledger Live, you can access your RSR and your other ERC20 tokens on MyEtherWallet here: https://www.myetherwallet.com/access-my-wallet

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