Review and compare the XRP Wallet Apps to select the best XRP or Ripple wallet to purchase and store XRP cryptocurrency:
XRP is one of the top 10 digital currencies by market capitalization. It serves as an intermediary of exchange when Ripple users exchanges value from one fiat or other forms of value to another. However, the cryptocurrency can freely be owned by anyone and transacted on any supported cryptocurrency exchanges, platforms, and wallets.
This tutorial discusses how to purchase and store XRP cryptocurrency using different types of wallets–hardware, software, and paper wallets.
We will look at the best XRP wallets in this tutorial that you can use to securely store and transact cryptocurrency.
Table of Contents:
XRP Wallet Review
Types of XRP Wallets
XRP Wallets are of the following types:
#1) Hardware wallets: These are the safest types of wallets. They are USB-type devices that can be connected to PCs, tablets, and even mobile phones to send, receive, store, and transact XRP. Some of the best hardware XRP ripple wallets include Ledger.
#2) Software wallets: A XRP software wallet is downloaded from the Internet and installed on your PC, tablet, iPad, or mobile device. The safest source from which to download is the specific XRP wallet’s website. Most of these operate when connected to the Internet and are hence referred to as hot wallets.
#3) Paper wallets: A XRP paper wallet has two aspects–software that lets you create or generate private keys or QR codes for your XRP wallet, and then the printed hard copy paper containing the private key or recovery passphrase and kept offline. These are considered safer than the hardware wallet since they are free from malware and other forms of hacking although the paper can be damaged physically.
Fact Check:
- The safest way of storing XRP and other cryptocurrencies is in a paper wallet. Here, you print private keys and recovery passphrases or words on physical paper you can then lock or store somewhere safe. Hardware wallets are the most secure civilized way of storing XRP.
- As seen from the chart below, the total volume traded on all exchanges supporting XRP trading was $921million as of June 18, 2021. XRP supply limit is 100 billion tokens, out of which 45,404 billion tokens are in circulation.
Pro-Tip:
- Bithomp is the safest XRP paper wallet. Another one is the Exarpy wallet. Paper wallets are best for hodling crypto where you do not need to trade regularly. Otherwise, you can also check Ledger Nano and other hardware wallets.
- Hardware wallets are best when storing an enormous amount of crypto. Also, check crypto custody services.
- If storing in hot web wallet or hardware wallets to allow for regular trading or sending, ensure to secure with Pin, Master key, and 2 Factor authentication. Software wallets allow you to download a backup copy of the wallet that can be stored offline in a different computer or storage.
List of the Best XRP Wallets
Here is the list of popular and top XRP ripple wallets:
- Tangem
- Uphold
- Trust Wallet
- Exodus
- Abra Wallet
- Atomic Wallet
- Crypterium Wallet
- FreeWallet
- Edge Wallet
- Bithomp
- Gate Hub
- Ledger
- Exarpy
Comparing the Top XRP Ripple Wallets
| Name | Top features | Transaction fee | Rating |
|---|---|---|---|
| Uphold | ·Deposit and withdrawal for both fiat and crypto. ·Allows access to seven blockchains, compared to Coinbase’s five. | Lowest trading fee for crypto, fiat, or metals is 0.65% for USD, EUR, and GBP. The highest trading fee is 3.95% for Platinum. | 5/5 |
| Trust Wallet | ·In-app exchange, does not allow fiat conversion. ·swap feature. ·High fees. | Ethereum gas fees — blockchain network transaction confirmation fee applies when transferring on and off the wallet. | 5/5 |
| Exodus | ·Android, iOS and web platforms. ·No 2 Factor authentication for wallets ·In-app exchange. | Free | 5/5 |
| Abra Wallet | ·Stock trading and ETFs supported also. ·Ability to withdraw through wire, online payment platforms, and bank in addition to XRP wallet for XRP. | Flat fee of $10 and 4% for purchases above $200 when using SEPA. Bittrex exchange integration. | 4.6/5 |
| Atomic Wallet | ·Supports storage of XRP and other more than 500 cryptocurrencies and tokens. ·Android and iOS apps available. | A flat 2% fee, with a minimum of $10 per operation although bank charges can be quite high to 5%. | 4.5/5 |
| Crypterium Wallet | ·Crypterium plastic and virtual cards. ·Funds are BitGo-secured for custodial services. | €2.99 per month to own plastic and virtual cards. It charges about 3.5 EUR to cash out to MasterCard. | 4.5/5 |
Top XRP Wallets review:
#1) Tangem
The Tangem Wallet is an excellent choice for those new to the world of XRP, cryptocurrency, and cold storage in general. The hardware wallet device, which comes in the shape of a bank card or a ring, is very convenient to use.
It stores private keys offline in its EAL6+ certified secure element, allowing users to sign transactions on the mobile app via an inbuilt NFC antenna. The Tangem app is user-friendly and intuitive, making it particularly appealing to beginners. This wallet is well-suited for smartphone users seeking a reliable XRP storage solution and those looking to make daily crypto trades.
Tangem supports trading for over 6000 cryptocurrencies, including many popular tokens and over 60 blockchain networks. The wallet’s firmware has been independently audited, ensuring no vulnerabilities or backdoors are in its code.
Beyond its core functions of swapping, sending, and receiving cryptocurrencies, Tangem also offers robust crypto buying and selling capabilities via integrated third-party providers.
Key Features:
- Simple and convenient form factor
- Independently audited firmware and open-source app code
- Customizable transaction fees available for select cryptocurrencies
- Enhanced privacy through a no-KYC policy
- Multi-platform support: Mobile app is available on Android, iOS
- Security features include seedless setup, seedphrase, access code, and biometric authentication.
Cost: The wallet costs at least $54.90
#2) Uphold
Best for XRP payments and trading.
Uphold is one of the most reviewed XRP wallets with over 2,700 reviews on the Apple App Store and more than 2,260 reviews on the Google Play store. The app serves as a storage and trading app for XRP and many other cryptocurrencies. However, it is one of the few exchanges with support for commodity trading. It also supports fiat trading in addition to cryptos and commodities.
Features:
- Deposit and withdrawal for both fiat and crypto.
- Allows access to seven blockchains, compared to Coinbase’s five.
- Support for bank deposits and withdrawals.
- Allows sending crypto directly to other users.
- Sending and receiving to physical and virtual cards.
Fees: Free to open an account, free to fund an account, member-to-member transactions are free, 3.99 percent to fund with debit/credit or China Union Pay. The fee looks very high.
The lowest trading fee for crypto, fiat, or metals is 0.65% for USD, EUR, and GBP. The highest trading fee is 3.95% for Platinum. The bank deposit fee is $3.99; the crypto withdrawal fee is $2.99 and the additional mining fee.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong – Uphold Card is Issued by Optimus Cards UK Limited, a principal member of Mastercard and authorized by the FCA.
#3) Trust Wallet
Best for multi-currency hodlers and traders.
The open-source mobile wallet allows anyone to send, receive, and store cryptocurrencies securely. Since it allows users to store private keys in their local devices, it is more secure than hot wallets.
However, being a software wallet, it is not as secure as hardware wallets. It is also possible to use the app without having to submit personal data. The code is also open-source, meaning it can be checked and audited publicly. This makes it one of the most anonymous crypto wallets.
Features:
- Integrated crypto exchange through a partnership with Kyber Network.
- Web 3 wallet allows browsing of decentralized applications from within the app.
- Android and iOS apps are supported.
- Supports transfer and storage of more than 160,000 cryptocurrencies and tokens including ERC20 and ERC223 tokens.
- The wallet can be backed up in an encrypted file that can then be secured with a secret key.
Fees: Free to download although blockchain network transaction confirmation fee applies when transferring on and off the wallet.
Website: https://trustwallet.com
#4) Exodus Wallet
Best for beginner traders.
This is one of the best XRP wallets for beginners given its inviting design and an easy-to-use and intuitive interface. It is for those looking for the best Ripple desktop wallets or wondering what wallets support Ripple on desktop. It is also ideal for exchanging small amounts of crypto synonymous with trades by most beginner traders.
Users can trade most of the popular tokens and over 100 others. The app is also updated on a biweekly basis. Besides supporting crypto trading, sending, and receiving features, the app also supports crypto storage and portfolio management services.
Features:
- It is not fully open-source hence hard to audit the code.
- Custom fees only for BTC.
- No verification is needed; hence highly private.
- Android, iOS, and web wallets are available.
- No two-factor authentication. Uses only passwords.
- No support for multi-signature wallets that can secure group and team wallets.
Fees: Free.
Website: https://www.exodus.com/
Recommended Reading => Where to Buy XRP – Explore the Most Popular Platforms to Buy
#5) Abbra Wallet
Best for diversified investors in traditional assets and crypto.
This is one of the best crypto wallets for Ripple or XRP for people who want to invest and trade traditional ETFs and stocks and a range of cryptos. It now allows people to invest, send, and receive digital assets after diversifying from being a money transfer service. It is non-custodial, meaning it does not allow users to save but control private keys to their wallets.
It also allows users to trade crypto for fiat or otherwise. Users can deposit money to fund their wallets in multiple ways.
Features:
- Android and iOS are supported.
- Higher in-app purchase rates.
- Ability to withdraw through the wire, online payment platforms, and bank in addition to XRP wallet for XRP.
Fees: Free to send, receive, and exchange XRP and other crypto pairs. A flat fee of $10 and 4% for purchases above $200 when using SEPA.
The link or integration with Bittrex exchange forces users to pay more for transactions. Transaction network fees apply when withdrawing XRP and other cryptocurrencies.
Website: https://www.abra.com/
#6) Atomic Wallet
Best for beginner traders.
This app differentiates itself from many others with its decentralized exchange called Atomic Swap. Being decentralized means it is a secure exchange compared to many others. It allows users to save private keys to their wallets on their local devices.
This app is useful for beginner traders because it allows users to buy crypto with fiat from within it using bank cards. There is no need for the users to first buy crypto with a third-party app and then deposit to this exchange. This lowers users’ transaction costs.
Features:
- Supports storage of XRP and other over 500 cryptocurrencies and tokens, which makes it one of the best Ripple desktop wallets or for those wondering what wallets support Ripple on desktop.
- Android and iOS apps are available.
- Users can buy XRP and popular crypto with bank cards.
- The exchange of most tokens is completed instantly.
- The app is backed up with a 12-word recovery passphrase which needs to be written and stored off the device just in case something happens with the device. A user can restore the wallet with the passphrase.
Fees: It is free to download. A flat 2% fee, with a minimum of $10 per operation although bank charges can be quite high to 5%.
Website: https://atomicwallet.io/
Further Reading => Most Popular Monero XMR Wallets in the Market
#7) Crypterium Wallet
Best for cash out and spending of crypto.
Crypterium serves as a wallet for receiving and sending crypto but also as an exchange for people to cash out supported digital cryptocurrencies at any time. For this reason, it also supports fiat currencies. It allows people to transfer crypto and spend it at different cash points and merchant outlets through Crypterium plastic and virtual cards.
In addition, customers can save digital assets in their wallets and earn 21% APR.
Features:
- iOS and Android as well as the web versions available.
- The company has its own cryptocurrency CRPT.
- Available in 180 countries around the world.
- Funds are insured by BitGo custody service.
- A hosted wallet stores private keys on your device so it is secure.
Fee: Free to use. Crypto-to-crypto transactions are free on the wallet only the mining fee is charged. 0.5% per bank transfer deposit. €2.99 per month to own plastic and virtual cards. It charges about 3.5 EUR to cash out to MasterCard.
Website: https://crypterium.com/
#8) FreeWallet
Best for multi-currency holders and traders who need crypto-fiat transactions.
FreeWallet supports over 100 cryptocurrencies and allows users to send and receive crypto in addition to trading crypto for fiat. The exchange or trading of crypto is supported through the integration of the Changelly exchange. This custodial service does not, however, allow users to store or control their private keys, which compromises security to some extent.
Transactions between the FreeWallet users are free and instant. Instead, accounts can be restored via emails or social media accounts. Nevertheless, it allows one to buy crypto with MasterCard and Visa.
Features:
- Users can secure crypto with 2-factor authentication, PIN codes, and fingerprints.
- Stores crypto in a cold wallet for security.
- Android and iOS apps are available in addition to web wallets.
Fee: The app is free to use. There is no disclosure on withdrawals or deposits. There are claims users pay as much as 7% to buy with credit cards.
Website: https://freewallet.org/
#9) Edge Wallet
Best for an instant swap of crypto for crypto.
Edge Mobile wallet lets anyone store, trade, send, and receive cryptocurrencies such as XRP and multiple others, instantly. Thanks to the integration with ShapeShift, anyone can convert XRP and other coins and tokens quickly and instantly. To secure the wallet, it employs client-end encryption where private keys are stored on the user’s local device.
Besides, it ensures private transactions as users do not have to pass any information such as phone number, ID, and other information to Edge. It also integrates with Simplex to allow users to buy a variety of digital assets with credit cards.
Features:
- Easy to use and beginner-friendly.
- 2-factor authentication.
- In-app exchange.
- Open-source code.
- No web interface.
- Backup and recovery via recovery questions.
Fee: Purchasing XRP via Simplex costs 6%, which is very expensive. No cost when receiving XRP or other cryptos.
Website: https://edge.app/
#10) Bithomp
Best for Ripple hodlers.
Bithomp Ripple Paper wallet, as it is known, is one of the offline paper wallets that allow people to store and manage their XRP savings easily. It provides a very good experience for a crypto wallet. The app allows people to not only save, but also send, and receive XRP holdings.
The wallet allows people to print private and public keys on a piece of paper. These can then be stored offline away from the computer storage to facilitate recovery of the wallet if something happens on the computer.
Features:
- Works on Windows, macOS, and Linux platforms.
- Also allows exploring XRP transactions.
- You can now manage addresses in an offline mode.
- Backup via secret keys.
Fees: Free to use but the conversion fee for XRP is 0.025 XRP per transaction.
Website: https://bithomp.com/
#11) Gate Hub
Best for XRP beginners.
Gate Hub is owned by a UK-based company and is meant for Ripple or XRP users only. However, it also supports other cryptocurrencies as well, including popular options like Eth and BTC.
Users can store, receive, send, and exchange XRP crypto on this wallet. Further, users can exchange their crypto for cash and so it supports fiat currencies like USD, EUR, CNY, and JPY. Users require some form of verification to trade crypto with fiat currencies – they have to upload ID and proof of address. Otherwise, it also allows depositing via SEPA and SWIFT.
Features:
- Accounts are secured with 2-factor authentication and PIN.
- User private keys are stored on their devices for added security. App requires re-confirming your email address when you try to log in with a new IP address. Data encryption ensured added security.
- Accounts backup and restore with recovery passphrases.
Fee: The app is itself free to use. Transaction fees vary depending on the deposit and withdrawal method. The deposit is free with SEPA but 0.1% minimum with international wire. The fee of 1 EUR applies for SEPA withdrawal and a 0.1% minimum for wire withdrawal.
Website: https://gatehub.net/
#12) Ledger
Best for institutions and groups.
The hardware wallet allows people to store XRP and other holdings offline and therefore is a much more secure option compared to hot software wallets. The wallet allows you to sign Ripple transactions offline using its buttons before you can transmit the transaction online on the blockchain.
The private keys are kept offline in the device instead of the computer and used in signing the transactions. This reduces the chances of stealing crypto from the wallet.
Features:
- Costs money — $59.
- You can stake and earn more crypto from your holdings through Ledger Live, right from the wallet.
- Ledger Swap feature allows people to swap one coin with another. This is enabled through a partnership with Changelly.
- Lend DAI, USDT, and USDC through the DeFi protocol. These are done via Ledger Live.
- CC EAL5+ certified chip. This is a standard security feature.
- Multicurrency support.
Fees: Costs $59.
Website: https://www.ledger.com/ripple-wallet
#13) Exarpy
Best for ripple-only hodlers and traders.
Exarpy is a Ripple (XRP) web wallet. Like many other XRP-dedicated wallets, it requires you to keep a minimum of 20 XRPs to keep it active. It allows people to send and receive XRP and exchange it for fiat at a pocket-friendly rate.
Features:
- Wallets secured with 2FA and PIN. Further, the user’s private keys are stored on the owner’s device.
- Data transfers are secured through SSL encryption.
- No mobile versions are available.
Fee: 0.025 XRP will be charged per transaction.
FAQs About Ripple Wallet
What is the best wallet for XRP?
Robinhood, Binance, Coinbase, Bitcoin IRA are rated some of the best wallets for multi-cryptocurrency trading, sending, and receiving. Those dedicated specifically for XRP include Exarpy, Ripple, Bithomp, and Rippex which has been discontinued.
For those trading XRP with fiat, one of the best XRP ripple wallets is Uphold although it has high fees. Ledger is the best for those who want hardware wallets that are the most secure.
XRP wallet safe?
Yes, depending on which wallet you use. Some of the best Ripple desktop wallets include Exodus, Abbra, Exarpy, Edge, and Atomic, among many other wallets.
The best XRP wallets are those verified as secure by users and use protocols such as cryptography encryption, PIN protection, passphrase backup and recovery, 2-factor authentication, and other methods.
Does XRP has a wallet?
Yes. Dedicated XRP wallets include Exarpy which requires you to have a minimum of XRP to transact and use. The hardware crypto wallets such as Ledger are the best since as cold-storage USB devices, they allow people to send and receive crypto in an offline mode. Web wallets are regarded as the best Ripple wallets for their ease of use and are great for beginners.
What is an XRP wallet?
A XRP wallet is a software, hardware, or paper-mode wallet that lets you store XRP cryptocurrency. It also lets you trade, send, and receive this cryptocurrency through your wallet address. An XRP wallet allows you to source liquidity from payment providers, market makers, and banks.
We can install this type of wallet on mobile or desktop if it is software type, but hardware wallets are USB-stick wallets that plug into PCs or mobile.
What is the safest XRP wallet?
Ledger Nano S and other hardware wallets are the safest XRP wallets. They allow you to store crypto off your computer and offline, free from malware and hacking threats although hardware is still prone to malware. The Bithomp paper wallet and other paper wallets are also cold storage wallets and hence some of the best.
The safest and best XRP wallets also have safety techniques like PIN and Masterkey protection and 2-Factor authentication.
Where should I keep my XRP?
Most crypto platforms that allow you to earn, buy, or receive XRP already have a wallet to keep the XRP. Most of all exchanges and trading platforms that support XRP also have a wallet to keep it.
However, if you need to transfer your XRP cryptocurrency from these platforms, there are many wallets to consider. These include hardware wallets like Ledger. Other software wallets include Exodus, Abbra, Exarpy, Edge, and Atomic wallets.
Conclusion
This tutorial is for those asking which ripple desktop wallets, the best mobile XRP wallets, or what wallets support Ripple on the web. We suggest considering hot or exchange-based XRP wallets if you are an active trader.
If you are an XRP hodler, consider paper wallets like Bithomp or Ledger hardware wallets. If you hold multiple cryptocurrencies, consider Atomic, Exodus, and other multicurrency wallets.
Also Read =>> What is Blockchain Wallet
Otherwise, for security purposes, consider a crypto wallet for ripple if it stores private keys on your device or has advanced security methods like 2-factor authentication.
Research Process:
Time taken to research and write this article: 15 Hours
Total tools selected: 12
Total tools researched online: 15
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Freewallet often demands extensive verification but fails to restore access, effectively holding users’ cryptocurrency hostage indefinitely.
FRWT Wallet is just Freewallet rebranded. They use KYC verification to block your funds and steal your money. Don’t download or use this app—it’s a scam!