Best Ripple Wallets: Complete Guide

Are you looking for the best Ripple wallet that will have everything you desire for your cryptocurrency? We might have several ideas you could use while searching for the safest option.

What’s Ripple (XRP)?

Ripple is a financial system that functions as a cryptocurrency and an electronic money channel. Chris Larsen and Jed McCaleb co-founded it, and it was initially launched in 2012. Ripple’s basic procedure is a cash management collateral swap and migration system comparable to the SWIFT system for foreign money and insurance transactions utilized by banks and financial intermediaries.

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The network’s token, XRP, is pre-mined and has the identification signature XRP. The enterprise and platform are known as Ripple, and the cryptocurrency coin is known as XRP. The goal of XRP is to act as a form of interim settlement layer denomination, acting as an intermediary mechanism of trade between two currencies or networks.

The digital currency, XRP, operates as a linked currency to other currencies. It makes no distinction between fiat currencies and cryptocurrencies, making it simple to trade one money for another.

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This guide will explore the myriad Ripple wallets, their pros, and cons, along their features in full detail. It covers every realm, including software, hardware, paper, and web wallets for XRP. So, let’s jump in.

Best Ripple Wallets

A wallet is an age-old concept with the universal underlying principle – to keep your money safe! The same concept applies in the case of XRP wallets – they are used to store, manage, receive, and transfer your Ripple cryptocurrency tokens. 

Just like other cryptocurrencies, potential buyers of XRP grapple with various queries like:

  • How to buy XRP?
  • Where should you store XRP?
  • What wallet should I buy for XRP?

Digital wallets differ from conventional wallets in the way they store the currency. A unique hexadecimal code or a private key is generated in crypto wallets, combined with another public key to reflect the amount of currency. All in all, an XRP wallet is more of a personal ledger of transactions.

Specifically, cryptocurrency wallets can be divided into four major categories: Hardware, Software, and paper wallets.

Hardware wallet

These are the most secure wallets available. They are USB-type gadgets that can transmit, acquire, retain, and trade XRP when linked to Computers, tablets, and even smartphones. Ledger is one of the finest hardware XRP Ripple wallets. Hardware wallets provide a physical device that is used to access the cryptocurrency.

A hardware wallet may access many blockchains at the same time. This allows the user to handle Ethereum and other altcoins and Bitcoin, Ripple, and other crypto assets on the same device. Then, they may all be backed up with a single private key.

We will now discuss the best hardware wallets to store XRP.



TREZOR is a compact, key-sized gadget that uses a USB connection to connect to your computer. The users may store around 1,800 coins and tokens on the Trezor One.

It verifies payments and maintains your encryption information for Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash, Ripple (XRP), Cardano (ADA), Ethereum Classic (ETC), Monero, Zcash, and other cryptocurrencies. It is safe to use on a computer that has been compromised with viruses.

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Trezor is a hardware wallet that allows you to store cryptocurrencies. It’s simple to connect to your computer or smartphone. In addition, it will enable you to generate a PIN code at random, which keeps the device safe and secure.


Trezor main features include that it is one of the recognized ultra-secure offline wallets, it supports more than one thousand currencies, it has an easy-to-use touch screen, it is a highly user-friendly device, it allows you to expose your private keys, and it supports almost all platforms such as Windows, Mac OS X, and Linux.

Ledger Nano


A secure chip and unique system software provide strong security for the Ledger Nano S hardware cryptocurrency wallet. In addition, it enables shareholders to access their private keys and is backed by the industry’s prominent name.

On the Ledger Nano S, investors may store over 1,100 coins and tokens, with Ledger supporting 23 of them directly and the rest through third-party applications.

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The Ledger Nano is a piece of hardware that the user may use to store a variety of cryptocurrencies. These hardware wallets incorporate a PIN to verify the payment and an LED display for transaction authentication. This portable gadget is easy to use and secure. Hardware wallets are often referred to as cold wallets.


The most significant features of this wallet include the ease of use through a USB-compatible device, which is pretty standard in this era; Ledger Nano allows you to install over 100 applications on it and the Ripple wallet app. In addition, Ledger Nano is considered one of the safest XRP wallets and crypto storage. It offers features like two-factor authentication; this wallet allows you to secure and store all your cryptocurrencies in one place and store Ripple. Its supported platforms are Windows, Mac, and Linux.

Software wallets

An XRP software wallet may be installed on your computer, iPad, or smartphone. The most secure place to get a software Ripple wallet is via the wallet’s official website. The majority of them are referred to as “hot wallets” since they work when connected to the Internet.

A software wallet is a computer program that you download. Although you may keep your coins on your computer, this is not the case. Instead, it would help if you thought of your wallet as a keychain with the keys that allow you to access your currency.

Software wallets may be used as mobile wallets or as desktop wallets. But, again, this is up to the user.

A seed phrase (or recovery seed) is a set of 12 or 24 randomly generated words created by a wallet. These words combine to produce a one-of-a-kind combination (similar to a password) that you may use to prove ownership of your coins. These phrases will allow you to access your money from any wallet.

We will now discuss the best software wallets that support XRP.

Uphold XRP wallet


Uphold is the most renowned digital currency exchange. The software may store and exchange XRP cryptocurrency and a range of other cryptocurrencies. It is, nevertheless, one of the few exchanges that allow commodities markets to operate on it. In addition to cryptos and commodities, it also facilitates fiat trading. The related wallet has an excellent rating on the Apple App Store and Google Playstore.

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This Ripple wallet is considered one of the most prominent wallets for trading XRP; this wallet allows the trade of crypto and fiat currencies. In addition, Uphold provides access to up to seven blockchains, compared to Coinbase, which only provides access to five. Uphold also supports cash withdrawals and deposits through banks and allows sending crypto directly to the users.


Pros: high-security level, fast transactions, reliable wallet

Cons: only supports XRP

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If you are looking for a Ripple-specific wallet, check out Exarpy. Not only does it sound like XRP, but it is also made only for Ripple, keeping in mind its transactions, security, and protocols. It is incredibly secure, fast, and delivers reliable online XRP storage.

Currently, Exarpy is an online platform that acts as a bridge between the Ripple network and the user through an independent digital wallet. Exarpy does not store user funds or private keys on its network in the traditional sense. It’s just a platform that enables transactions – much like the XRP itself in concept.

It doesn’t store user information, scan users through Google Analytics or store any keys. This prevents data theft since there is no data on the platform to begin with. However, user transaction history is stored in the account, retrieved from the Ripple blockchain ledger. The wallet charges a nominal $0.0025 XRP for every transaction, including the Ripple network fee.

Paper wallets

An XRP paper wallet consists of software that allows you to create or produce private keys or QR codes for your Ripple wallet and printed hard copy paper containing the decryption or recovery key stored offline.

Although the paper might suffer physical damage, these are safer than hardware wallets since they are devoid of viruses and other attack types.

We will now discuss the best paper wallets that allow users to trade XRP.



A Bithomp Ripple Paper wallet carries all of the relevant information on a sheet of paper. May use only this paper to transfer, acquire, and preserve your XRP holdings. Even your wallet’s confidential and accessible keys are etched on this paper.

You should keep this paper protected because it comprises your valuable information. Apart from your reliable sources, it would be best if you kept it a secret from the rest of the world. Only the wallet’s holder is authorized to have accessibility to the wallet’s depot and encryption key.

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The Bithomp Ripple Paper Wallet has a range of advantages for its subscribers. The first thing to remember is that it is a cold wallet. Additionally, it is free of charge and supports a wide range of Ripple (XRP) assets, contributing to its consumers’ prominence.

This wallet is compatible with Windows, Mac OS X, and Linux. Users will be billed 0.025 XRP for each transaction as a service fee for conversion. This fee includes Ripple network transaction fees.

Ripple XRP Paper Wallet


The Ripple XRP paper crypto wallet offers robust protection and allows you to make daily XRP fund transfers. You must have at least 20 XRP in your wallet address to execute trades. This paper wallet will enable you to transmit, collect, and stash XRP.

When utilizing encryption keys, you must exercise extreme caution. You won’t be able to do anything once others know it.

Comparing XRP wallets

By comparing the XRP wallets, we can deduce which XRP wallet offers its users the most sustainability and features.

Hardware wallets

We’ll start by analyzing hardware wallets, also known as cold storage wallets; the best example is the Ledger hardware wallet, considered one of the best ripple wallets in the hardware wallet category.

Ledger provides dedicated USB devices to store XRP and receive and transfer digital assets. It also allows users to sell crypto and execute existing hardware solutions to acquire payment services from the device.

Hardware wallets are considered a safe form of storage for keeping the crypto assets safe, buying crypto, and selling crypto by market makers. However, to keep your XRP wallet safe, you need to have complete confidentiality of their private and public keys.

Software wallets

Next up, we will discuss software wallets; these are considerably less secure than hardware wallets. However, they still can not be ignored due to their easy accessibility and wide range of options such as a desktop wallet, mobile wallet, and web wallet.

Binance and Trust wallet can be considered good examples of this category of crypto wallets. Although software wallets store the encryption information within the software, this does not rule out the possibility of losing your digital assets.

Hackers can access your coins if someone compromises your computer and discovers your credentials. That is why it is critical to create a backup.

Paper wallets

A cryptocurrency wallet is a secure location where you may save both your public and private keys. Your credentials are printed on a piece of paper in a paper wallet.

When you print your keys, they are usually erased from your wallet app and the system.

No one can obtain your keys or compromise your paper wallet unless they physically steal the sheet on which they are written.

If you remove them from your digital wallet, you won’t be able to reaccess those cryptocurrencies if you lose your paper wallet.

In a way, a paper wallet is the most secure method for securing your assets, but it is also the riskiest method as the loss of your digital assets can be to a significant degree.


Acquiring a Ripple (XRP) wallet can be a big step into mainstream cryptocurrency adoption. Ripple implements a 20 XRP minimum balance in wallets to ensure excessive growth and malicious wallets’ use.

Paper and hardware wallets provide maximum security for those concerned about privacy. However, web wallets offer more features at economical prices. Ripple ecosystem is best leveraged through such wallets.

We leave it to the users to choose what’s best for them regarding privacy, security, features, and accessibility. Crypto market offer myriad choices that will surely meet your unique requirements.

The best XRP wallets depend on the users’ needs and preferences. Therefore, it cant be fair to choose one over the other as the needs and requirements of their respective customers are entirely subjective and open to debate.

However, the paper wallet is most secure, as it is always with you physically and can only be stolen physically.

If users do not wish to risk it, they should consider software wallets such as Exodus, Binance, Trust Wallet, or Atomic wallet.

Hardware wallets have their perks and privileges, but they also have drawbacks as dedicated USB devices can be pretty pricy for the average consumer.

However, if they can afford the device, they will have a good time conducting XRP transactions and crypto payments.

In conclusion, there is no best XRP wallet; it all depends on the users’ preferences and requirements.

FAQs about Ripple (XRP) wallets

How to buy XRP

XRP, like other cryptocurrencies, is traded on a variety of online marketplaces. XRP may be sold using either conventional cash or cryptocurrency.

Ripple’s XRP Ledger infrastructure includes a decentralized exchange that allows users to trade XRP.

As a result of the Securities and Exchange Commission’s continuing investigation, many exchanges have banned XRP trading.

Like Coinbase and Gemini, some exchanges don’t enable you to buy XRP, while others, like Kraken, allow you to buy it but not trade it.

What is the best wallet for XRP?

Some of the finest wallets for digital currency trading, transferring, and acquiring include Robinhood, Binance, Coinbase, and BitcoinIRA. Exarpy, Ripple, Bithomp, and Rippex, which has since been decommissioned, are among those dedicated solely to XRP.

Does XRP have an official wallet?

Yes, for example, the Uphold XRP Wallet is a dedicated XRP wallet that requires a minimum of XRP to transact and utilize Hardware crypto wallets, such as the Ledger, which are the best because, as cold-storage USB devices, they allow users to transfer and receive cryptocurrency. In contrast, offline Web wallets are the finest Ripple wallets because they are simple and ideal for novices.

What is the safest wallet for XRP?

The most secure XRP wallets are the Ledger Nano S and other hardware wallets. They securely store crypto outside of your computer, away from the risk of viruses and hijacking, while the hardware is still vulnerable to viruses. The Bithomp paper wallet, like others, is a cold storage wallet, making it one of the finest PIN and Masterkey protection, as well as 2-factor authentication, are included in the safest and top XRP wallets.

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