Best 5 Ripple (XRP) Wallets for Beginners 2021

Looking for the best Ripple wallet? Read more below to get our list of the best Ripple wallets for beginners.
Author: John Ladeluca
Last Updated: 20 February 2021

Ripple is an innovative blockchain network that’s changing the way money crosses borders in the banking space. Already adopted by banks like PNC, Santander, and the Royal Bank of Canada (not to mention remittance services Western Union and MoneyGram), Ripple is already a fintech revolution, and XRP is definitely a cryptocurrency to own.

To invest in Ripple XRP, you’ll need a Ripple wallet. We’ll take a deep dive on Ripple wallets in the page below. By the time you’re done reading, you’ll have chosen a wallet, know how to download and install, and be prepared to send, receive, and invest for the long term. Let’s get started!

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    You can find out more and compare the different wallet providers in our list below. If you want to learn more about How to buy Ripple and other cryptocurrencies, we recommend this guide on how to buy Cryptocurrency.
    What is a Ripple/Crypto Wallet?

    What is a Ripple/Crypto Wallet?

    Ripple is digital money, so it must be stored digitally. A Ripple wallet is a piece of software that allows a user access to their XRP, so they can send, receive, trade, and store according to their personal needs.

    Every Ripple holder uses wallet to manage their Ripple and other cryptocurrencies. You can use your Crypto Wallet to:

    • Send Cryptocurrencies
    • Receive Cryptocurrencies
    • Trade Cryptocurrencies
    • Spend Cryptocurrencies
    • Withdraw Cryptocurrencies

    Ripple and all other cryptocurrencies have some kind of blockchain technology to secure and record transactions. You can’t use your crypto wallet to:

    • Send XRP to a non-XRP address
    • Share your data with 3rd parties (stay private, stay safe)
    • Withdraw fiat currency from a bank (only Bitcoin ATM)

    Ripple wallets manage secret codes called “Private Keys” that tie certain Ripple coins to their rightful owners. Without these keys, no one can buy, sell, or trade Ripple. Ownership equals access, and “Private Keys” confer ownership.

    However, it’s very inconvenient to keep track of long alphanumeric codes, so crypto developers created Ripple wallets software. Ripple wallets manage your Private Keys so that you never have to think about it. They also provide a convenient user interface so you can transact with your Ripple.

    Ripple wallets are made for different devices. They can be stored on your phone or computer. Some are even housed in hardware of their own; these hardware wallets are disconnected from the internet to prevent hacking theft.

    Ripple wallets also exist on crypto exchanges, because whenever you buy Ripple, it has to be stored somewhere. Exchange wallets are only meant for temporary storage, or for balances involved in trades.

    Your Ripple and other cryptocurrencies will always be safest in a crypto wallet you control. Even better, store coins meant for long term investment in “cold storage” wallets, not connected to the internet.

    How to Create a Ripple Wallet


    Binance is an internationally used cryptocurrency exchange hub. If you’re interested in trading Ripple, you’ll likely use Binance often. We’ll give you a quick overview of how to create a Binance account so you’re ready for this exchange wallet.


    Step 1 – Create Your Binance Account.

    Complete new registration at You’ll need to provide your email address and create a new password for the site.

    Respond to the email Binance sends you by clicking the link therein.

    You’ll arrive within your new Binance account. Supply a little more info, and you’ll unlock Ripple buying functionality.

    Note: You can’t buy Ripple with fiat money (USD, EUR, etc.) on Binance.

    Step 2 – Go to “Funds” > “Balances”

    This is where all of your Binance wallets are kept.

    When you buy any cryptocurrency on Binance, it’s delivered to one of these wallets.

    When a wallet contains coins, it appears at the top of the list. You can also send coins to your Binance Ripple wallet, and withdraw from the same.

    Visit Binance

    Exodus Wallet

    Exodus is a software wallet for computers and laptops. Download and setup couldn’t be easier. In a couple of minutes, you’ll have a perfectly good place to store Ripple and a ton of other cryptocurrencies.

    Step 1: Download Exodus.

    You can find the Exodus file you need at Choose the right file for your operating system.

    Step 2: Open Your Exodus Ripple Wallet.

    Exodus is a multi-currency wallet, supporting many dozens of cryptocurrencies. Choose “Wallet” on the left column, and select the Ripple XRP wallet. This will lead to a new screen with options for sending, receiving, and trading XRP for other wallet-supported assets. 

    Visit Exodus

    Infinito Wallet

    The Infinito Wallet advertised itself as a universal crypto wallet, because it supports a bunch of cryptocurrencies. If you trade mainstream crypto, this can be a one-stop-shop for you. Infinito is also easy to use and attractive to look at. Here’s how to get your own copy.

    Step 1: Download Infinito Wallet

    At, click “Download”. Choose the file made for the device you own. Once the download is complete, install Infinito. Setup is a breeze. Now open your new app.

    Step 2: Go to the Ripple Wallet already within Infinito

    Infinito Wallet already includes a Ripple wallet. Open it up to see your Infinito Ripple address and all Ripple wallet functionality.

    Visit Infinito Wallet

    Best Ripple Wallets in Your Country

    UKCanada & USAustralia

    Coinbase is the best all-around Ripple wallet experience you can have in the UK.

    Coinbase entered the crypto investment space years ago as an exchange. Today, they offer a secure wallet solution known as the Coinbase wallet.

    The Coinbase Wallet is a bespoke crypto storage solution, for Ripple, Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The Coinbase wallet occasionally adds new currencies, so keep your eyes peeled if you are a more diverse trader.

    Coinbase is regulated and licensed in multiple international jurisdictions. They were trusted in the investment industry before cryptocurrency even existed.

    Coinbase is to be trusted specifically because they’re not newcomers. This is an experienced fintech player, and their Ripple wallet feature is one of the best in the industry.

    Coinbase is no longer limited to the UK. Having jumped through multiple regulatory hoops around the world, it’s now available in more than 60 nations, including the US and Canada.

    The Coinbase wallet application is the most intuitive we’ve seen, and it’s a secure solution for newcomers to the United States and Canadian industry.

    Binance is the best Ripple wallet we know about for people living in Australia and New Zealand. This is because it offers to most features, and access to the wider world of crypto trading.

    Though not the best choice for long term storage, Binance users have access to dozens of cryptocurrencies, so it’s an excellent choice for any active crypto trader.

    Binance is also a global standard worldwide, so Aussies and New Zealanders will feel connected to a crypto industry that sometimes feels faraway.

    Differences Between Exchange, Hardware and Software Crypto Wallets

    There are three main types of Ripple/Cryptocurrency Wallet. Here are their similarities and differences.

    Exchange Wallets

    Cryptocurrency exchanges have wallets for every customer, so their is a place to store Ripple and other altcoins after a purchase has been made.

    Users aren’t meant to use exchange wallets for long term storage, because exchanges are sometimes hacked. But as a short term solution for storage of coins involved in trades, there’s no other way to do it than with an exchange wallet.

    Here are some good examples of Exchange wallets:

    • Binance Wallet
    • Coinbase Wallet

    Hardware Wallets

    Hardware wallets are physical products that store cryptocurrencies without being connected to the internet. This protects coins from web hacks and scams.

    There aren’t many companies manufacturing hardware wallets, but all the ones we’ve tried are of a high quality. Beware of hardware wallet counterfeits, though. These only come from unauthorized and “second hand” sources.

    Here are some good examples of Hardware wallets:

    • Ledger Nano S
    • Trezor

    Software Wallets

    Software wallets are applications for crypto storage, built for mobiles and computers.

    Software wallets are not quite as secure as hardware wallets (because they’re still connected to the internet), but they’re far safer than exchange wallets. Use software wallets for crypto you will be using in the next few days. Use “cold storage” (not internet connection) for long term storage.

    Here are some good examples of Software wallets:

    • Exodus Wallet
    • Jaxx Wallet

    Best Ripple Wallet on Mobile

    AppleAndroidApple x Android

    Best Ripple Wallet Apple

    The Ripple wallet you use on your phone is meant for convenient daily access to your XRP.

    For this reason, the Coinbase Wallet is going to be your best choice. It gives you the ability to transact with XRP whenever you need it.

    Coinbase isn’t meant for long term storage, but neither is any mobile app. For large balances of XRP, you shouldn’t be using your phone at all.

    Best Ripple Wallet Android

    We like the Jaxx app for Android devices. Sure, you could use Coinbase wallet as well, but it’s a different high quality wallet with a different feature set.

    Jaxx supports Ripple and many other cryptocurrencies, and even offers inter-wallet trading of all supported currencies.

    It’s convenient and fairly intuitive for newcomers, and fairly feature-rich for traders with a bit more experience. It’ll certainly serve the daily mobile needs of the Ripple investor.

    There are tons of Ripple wallets for mobile devices. We’ll cut to the chase and give you the best option for Android and Apple. You can find the main differences regarding Crypto Applications below:


    • Only works with applications made for its own software
    • Most Cryptocurrency apps and wallets are instantly banned on the Apple store due to violations of T&C
    • All app publishers need to be identified and cannot be anonymous


    • You can run any application on Android
    • You will find any app on the Play store, even the ones that are scams
    • You can run crypto mining applications and scripts on your device

    You never would have guessed years ago, at the genesis of Bitcoin, that hundreds of cryptocurrency wallets would one day be available. This is the industry we’ve inherited, so it can be confusing for the new Ripple investor to choose the best option.

    We hope you now understand the different options available to you, as well as the criteria by which to make the best choice. When evaluating a new Ripple wallet, always prioritize security and ease of use. Also, pay attention to reviews you find on independent forums, like BitcoinTalk and Reddit. You’ll learn from others’ experiences and avoid making mistakes.

    When you choose a wallet, keep your keys to yourself. Guard your passwords. Use best practices and you should not lose any of your precious Ripple balance. This will keep your XRP safe for months and years to come. Hopefully by that time your XRP will have gained incredible value, all thanks to your trusty Ripple wallet.

    More Cryptocurrency Wallets

    [wpsm_comparison_table id=”39″ class=””]

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    75% of retail investor accounts lose money when trading CFDs with this provider. Crypto assets are highly volatile unregulated investment products. No EU investor protection.


    Can I store all my cryptocurrencies in the same wallet?

    Certain wallets like Jaxx and Exodus support dozens or even hundreds of cryptocurrencies. This is very convenient for people who invest in numerous cryptocurrencies, and don't want to have a different wallet for each coin.

    Can I send Bitcoin to a Ripple or Ethereum wallet address?

    Never send a coin of one type the the address of another coin type. This will almost always result in the loss of your funds. Bitcoin is sent only to Bitcoin addresses, Ethereum only to Ethereum addresses, etc. There are some exceptions, such as ERC20 tokens (coins created using Ethereum) being able to be sent to Ethereum addresses, but you should research these cases individually. In all other cases, only send your coins to addresses for coins of the same type.

    What is the best Way to keep my Cryptocurrencies safely stored?

    Hardware wallets and paper wallets are the best choice for long term storage. A paper wallet is nothing more than the private keys associated with your coins, printed or written down. They can be typed into the blockchain network at any future time, bringing up the coins you own. Hardware wallets work the same way, except they store the keys for you without your having to write them down. These options are known as 'cold storage', because neither involves an internet connection, thus eliminating the possibility of hacking and internet scams.

    Can I convert Ripple to FIAT currency on my wallet?

    Some wallets, like Coinbase, have this functionality, but there are very few such options for Ripple traders at present.

    Remember, all trading carries risk. Past performance is no guarantee of future results.

    John Iadeluca is the founder of the Wall Street hedge fund Banz Capital. He's a blockchain developer, quant, and consultant that specializes in the digital asset sector. He is an authority on blockchain and has written for a number of publications including

    23 thoughts on “Best 5 Ripple (XRP) Wallets for Beginners 2021

    1. Hello. I’ve been considering creating a Ripple wallet on one of the exchanges you recommend but my biggest concern are hacking attacks. Is there anything I can do about that?

      1. Hello Rebecca. Thank you for your question. If your account were hacked, you would probably lose all of the funds you had in it. That is why we strongly recommend to have a look through the legal section or the terms and conditions of the exchange you are interested in opening a Ripple wallet on to see if you can find information on whether they have a refund policy in case of hacking attacks. If not, you can also contact customer support and ask them about this, they will definitely be able to answer your question.

    2. Hello. I’ve decided to create a Ripple wallet on Exodus but I am really not sure how to sign up on it. Could anyone please help with that?

      1. Hello Richard. Thank you for getting in touch with us. All you have to do is go on the official website and download the software. To sign up you will just have to provide a few simple details such as email address, full name and password. You will then be able to access the trading space. On the left side of the screen you will see the option to access your wallet. All you have to do is select Ripple and you will find all the options for sending, trading and receiving Ripple. I hope that helps.

    3. Is there any other exchange other than Binance that you would recommend for traders based in Australia? I’ve had Binance for a while and I kind of feel like changing. Thank you.

      1. Hello Megan. Thank you for your question. You can definitely trade with Coinbase in Australia as well. The platform is regulated and offers most of the same features offered by Binance, if not more. In fact, if you are new to the world of online trading, Coinbase might even be a better option than Binance. It is simple to use and uses a sophisticated trading platform. You can find out the details about the exchange on our Coinbase review.

      1. Hello James. Thank you for your question. There are several reasons why we consider Coinbase to be one of the best platforms to store Ripple. The most important one is that Coinbase is a regulated exchange, meaning that there is a regulatory agency monitoring its activities to protect users. The exchange also has other great features such as wide asset variety, safety and ease of use. Feel free to have a look through our Coinbase review to find out more about it.

    4. Hello there. Is the minimum deposit required by Coinbase a standard amount to create a Ripple wallet? It seems quite high to me. I was hoping to find something cheaper. Any suggestions?

      1. Hello Martin. Thank you for your question. A lot of the minimum deposits offered by the exchanges listed in this review are undisclosed but the minimum deposits they require are probably around $200-$250, so yes, I would say that the deposit required by Coinbase is more or less standard. What you can do is to try and do some accurate research, or contact customer support on each of these exchanges and see if you can get information on the deposits they request. What we recommend though, is to wait a bit longer to save up enough money to be able to trade on Coinbase. In the long term, it will be worth it because Coinbase has lower fees than most of the other exchanges, meaning that you will save up money even if their initial deposits required are lower.

    5. Hello, I want to create a long-term storage wallet but I am not sure whether a software or hardware wallet would be better.

      1. Hello clo01. Thanks for your question. The most important thing to know about the difference between software and hardware wallets is that the first ones are accessed online whilst hardware wallets do not require an internet connection to be accessed. It is for this reason that for long term storage we recommend creating hardware or paper wallets. The fact that they are offline wallets makes it impossible for hackers to access the private keys they need to get a hold of your funds. As for software wallets, even though they do adopt security measures to prevent that from happening, they are still targets of hacking attacks. I hope that helps. Good luck!

      1. Hello tj481. Thank you for getting in touch. The best way to store cryptocurrencies in your Ripple wallet is through hardware or paper wallets if you are thinking about long term storage. When we say paper wallet, we basically mean storing your private keys to access your wallet written down or printed out. All you have to do to access the coins you own is type the keys into the blockchain network at any point in time. As for ripple hardware wallets, the function is similar, with the difference that the keys are stored for you. These are very safe ways of storing your digital coins because none of them require internet access so hackers are unable to access that information.

    6. Hello. I have been thinking about creating a Ripple wallet to store the cryptocurrencies I want to buy. I have been trying to find some information online about some of the best ones and I ran into the Binance wallet. Would you recommend it?

      1. Hello sen946. Thank you for your question. Binance is definitely amongst the exchanges we consider to be valid to store Ripple. The platform is sophisticated and easy to use. One of its strong features is the vast variety of assets to choose from, especially when it comes to cryptocurrencies. However, it is not one of our most recommended exchanges to store Ripple because it is unregulated, making it more vulnerable to hacking attacks. We would recommend storing your ripple on the Coinbase wallet instead. The platform is regulated and maintains many of the features offered by Binance. You can have a look at our Binance and Coinbase reviews to find out more about both exchanges.

    7. Hello. Thank you for this article. Came in really handy as I am thinking about buying and storing cryptocurrencies in a wallet. I was wondering, can you send a cryptocurrency, say Bitcoin, to a different cryptocurrency wallet address?

      1. Hello Jen. Thank you for getting in touch with us. It is very important that you do NOT send a digital coin of one type to the wallet address of another type. So, as you said, Bitcoin can only be sent to Bitcoin addresses, Ethereum to Ethereum addresses and so on. There are particular types of coins though, called ERC20, that derive from Ethereum and can therefore be sent to Ethereum addresses, but please make sure that the coin is ERC20 before sending it to an Ethereum address.

      1. Hi Luke. Hard question. All the wallets that we’ve mentioned throughout this review are completely safe and trustworthy. It most likely depends on where you are located as well, because for instance while Coinbase is available in the UK it is not available in Australia, so for Australia we’d suggest using Binance.

        Anyway, what I’d suggest doing if you are struggling to choose the wallet you prefer is to do some in-depth research into all of these platforms, starting from Coinbase. Coinbase is the one with the largest amount of users and has a lot of interesting features that you can benefit from. It is among the safest platforms because it accepts PayPal as a payment method. It is also regulated and monitored constantly by the biggest regulatory agencies.

        To store Ripple on Coinbase, all you have to do is register with a few personal details, then you will have to verify your identity with the appropriate documentation, which should take around two days. After that, you’ll be able to deposit funds into your Coinbase account and buy Ripple coins, which you’ll be able to store in your Coinbase wallet as soon as you install it. It is really simple and the platform will guide you along every step of the way.

        Again, it is hard to say whether Coinbase is the best one but it certainly is among the best. Feel free to look into the other options as well; all of them are really excellent.

    8. I am searching for a wallet for long term storage. Would it be better to choose an online wallet software or hardware one? I am afraid of it being hacked.

      1. Hello Brandon, a lot of virtual wallets are extremely secure and have a history of not being able to be breached. However, if you want to keep your cryptocurrency stored in a theoretically impenetrable storage, hardware wallets would be your best bet.

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