Ripple (XRP) remains one of the most widely recognized cryptocurrencies, especially within the global financial and payment systems. With its lightning-fast transaction speeds and strong institutional adoption, XRP continues to attract investors and users looking for efficient cross-border transfers. However, owning XRP comes with a critical responsibility: choosing the right wallet to store your digital assets securely.
Unlike many other cryptocurrencies, XRP cannot be mined, making it essential to acquire through exchanges or peer-to-peer platforms. Once you own XRP, storing it safely becomes a top priority. This guide explores the best XRP wallets across different categories—online, desktop, mobile, and hardware—while helping you understand how to choose the most suitable option based on security, convenience, and control.
Understanding Cryptocurrency Wallets for XRP
A cryptocurrency wallet is a digital tool that allows users to send, receive, and store digital assets like XRP. These wallets do not actually "hold" coins; instead, they manage your private keys, which are cryptographic codes that grant access to your funds on the blockchain.
There are four main types of XRP-compatible wallets:
- Paper wallets – Physical printouts of public and private keys.
- Hardware wallets – Offline physical devices that store keys securely.
- Software wallets – Applications installed on desktops or mobile devices.
- Online wallets – Web-based platforms accessible from any browser.
Wallets are further classified as hot or cold storage:
- Hot wallets (online, mobile, desktop) are connected to the internet, enabling quick transactions but exposing users to potential cyber threats.
- Cold wallets (paper and hardware) remain offline, offering superior protection against hacking attempts.
Another key distinction is between custodial and non-custodial wallets:
- In custodial wallets (e.g., exchange wallets), a third party holds your private keys.
- In non-custodial wallets, you retain full control over your keys—meaning only you can access your funds.
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Is There an Official XRP Wallet?
As of 2025, there is no official wallet issued by Ripple Labs for storing XRP. The company previously supported a web wallet through its RippleTrade platform, but this service was discontinued in 2016.
While Ripple has not launched its own wallet, it does collaborate with various third-party platforms. One commonly recommended option is Gatehub, though it’s important to note that this is not an officially endorsed product. Ripple developers advise users to conduct their own research and select wallets carefully.
This absence of an official wallet underscores the importance of due diligence when choosing where to store your XRP.
How to Choose the Right XRP Wallet
Selecting the best XRP wallet depends on your priorities: security, ease of use, accessibility, or anonymity.
Key Factors to Consider:
- Security Level: Hardware wallets offer the highest protection.
- Control Over Keys: Non-custodial wallets give you full ownership.
- Supported Features: Some wallets allow direct trading or staking.
- Platform Compatibility: Ensure the wallet works on your device (PC, mobile, etc.).
- Fees: Watch out for withdrawal or transaction fees.
If you're actively trading, an online or mobile wallet may suit you best. For long-term holding ("HODLing"), a hardware wallet is strongly recommended.
Top Online Wallets for Storing XRP
Online wallets provide instant access to your XRP and are ideal for frequent traders. While they are considered less secure than cold storage options, reputable platforms implement strong security measures.
Bybit Wallet
Bybit is a globally recognized cryptocurrency exchange that offers integrated wallet services. It stores user funds primarily in cold wallets with triple-layer encryption. To enhance security:
- Enable two-factor authentication (2FA).
- Complete identity verification for higher withdrawal limits.
XRP deposits are free, though withdrawals incur a fixed network fee. You can also trade XRP directly within the platform.
EXMO
EXMO supports XRP and numerous other cryptocurrencies through its built-in wallet system. It features an intuitive dashboard showing real-time balances and transaction history. Customer support can assist with account recovery if needed.
Notably, XRP deposits are free, and withdrawals cost only 0.02 XRP, making it cost-effective for regular transfers.
Gate.io
Gate.io hosts over 1,300 crypto assets, including XRP, and functions as both an exchange and online wallet. Accessible via desktop and mobile browsers, it charges a 2.8 XRP network fee for withdrawals. Despite being a hot custodial wallet, Gate.io employs robust security protocols like cold storage and multi-signature technology.
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Best Desktop Wallets for XRP
Desktop wallets strike a balance between security and usability, especially for users who prefer not to invest in hardware devices.
Exodus
Exodus supports over 100 cryptocurrencies, including XRP, Bitcoin, and Ethereum. Available for Windows, macOS, and Linux, it features automatic address verification to prevent errors during transfers. Built-in exchange functionality lets you swap XRP for other tokens seamlessly.
The interface is user-friendly and visually appealing, making it great for beginners.
Atomic Wallet
Atomic Wallet supports around 300 coins and emphasizes privacy by not requiring personal identification. It’s available for all major operating systems and keeps private keys stored locally on your device—making it non-custodial.
You retain full control without sacrificing functionality.
Leading Mobile Wallets for XRP
Mobile wallets bring convenience without compromising too much on security.
Trust Wallet
Originally developed independently and later acquired by Binance, Trust Wallet supports over 160 blockchain networks and thousands of tokens—including XRP. It’s available on both Android and iOS.
As a non-custodial wallet, Trust Wallet ensures you own your private keys. Its clean design and integrated dApp browser make it ideal for interacting with decentralized finance (DeFi) platforms.
Coinbase Wallet
Separate from the Coinbase exchange app, Coinbase Wallet is a self-custodial solution supporting more than 500 cryptocurrencies. It allows direct purchases and peer-to-peer trading.
Even without a Coinbase exchange account, you can use this mobile wallet securely across devices.
Cold Storage: Paper & Hardware Wallets for Maximum Security
For long-term investors, cold storage is the gold standard.
Paper Wallets
A paper wallet involves printing your public and private keys on paper—often generated using secure offline tools like XRPPaperWallet.com. Once created:
- Fund the wallet with at least 20 XRP to activate it.
- Store the paper in a safe, dry place—preferably laminated.
While highly secure when done correctly, paper wallets are prone to physical damage or loss.
Hardware Wallets
Ledger Nano X
The Ledger Nano X is a USB-like device that supports over 1,800 cryptocurrencies, including XRP. It features a secure chip, OLED display, and Bluetooth connectivity. Use the Ledger Live app to manage your portfolio easily.
Its swivel design protects ports from dust and damage.
Trezor Model T
Manufactured in the Czech Republic, the Trezor Model T offers a color touchscreen and microSD slot for encrypted backups. It supports over 1,600 tokens and integrates with third-party platforms like Exodus.
Both Ledger and Trezor provide military-grade security while allowing easy transaction signing.
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Frequently Asked Questions (FAQ)
Q: Can I store XRP on any cryptocurrency wallet?
A: No. Only wallets that specifically support the Ripple (XRP) ledger can store XRP tokens. Always verify compatibility before transferring funds.
Q: Do I need 20 XRP to create a wallet?
A: Yes. The Ripple network requires a minimum reserve of 20 XRP to activate a new wallet address. This prevents spam attacks on the network.
Q: Are online wallets safe for storing large amounts of XRP?
A: Not recommended. Hot wallets are vulnerable to hacking. For significant holdings, use hardware or paper wallets instead.
Q: What happens if I lose my private key?
A: In non-custodial wallets, losing your private key means permanent loss of access to your funds. Always back up your recovery phrase securely.
Q: Can I earn interest on XRP stored in a wallet?
A: Some platforms offer staking or yield programs for XRP, though native staking isn't supported on the Ripple ledger itself.
Q: Is there a risk of XRP inflation?
A: No. All 100 billion XRP tokens were pre-mined at launch. Ripple releases tokens gradually from escrow, minimizing inflation risks.
Final Thoughts
Choosing the right XRP wallet depends on how you plan to use your cryptocurrency. For daily transactions and trading, mobile or online wallets offer unmatched convenience. For long-term security and peace of mind, hardware wallets like Ledger Nano X or Trezor Model T are unmatched in protection.
Always prioritize non-custodial solutions when possible to maintain full control over your assets. And remember: no matter which wallet you choose, safeguarding your private keys is paramount.
Whether you're new to crypto or expanding your portfolio in 2025, securing your XRP with a reliable wallet is a foundational step toward financial independence in the digital age.
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