Ripple (XRP) 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 review the most safe, secure Ripple wallets in this guide. 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 in XRP for the long term. Let’s get started!
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Best Exchange Wallet for XRP in December 2024
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Best Ripple Wallets in the US
XRP is among the 10 largest cryptocurrencies by market capitalization. It has a daily trading volume of almost $2 billion, making it a popular crypto asset among investors. Due to its popularity, Ripple is supported by multiple cryptocurrency exchanges and brokerage platforms, so you can easily buy and trade it. But where to store the XRP coins you have bought?
To keep your XRP securely, you need an XRP wallet, which will be safe and allow you to send, receive and trade Ripple. In other words, along with having robust security systems, your wallet must have good functionality, a user-friendly interface, and multiple trading features. While searching for an XRP wallet, you may find several of them that offer different features, services, and pricing systems. It may be a bit confusing to select the most suitable wallet if you don’t know what you should pay attention to in the first place.
At the same time, you need to consider your budget and investment goals, as there is a huge difference between the software and hardware wallets. While the last one is regarded as the most secure, it’s less cost-friendly and is not a good decision if you intend to trade frequently. A hardware wallet is an excellent choice if you want to keep a huge amount of crypto as a long-term investment. Otherwise, you can choose a software wallet with strong security systems and multiple trading features.
Best Ripple Wallets in the US – Full Reviews
Below you will find the best software wallets in terms of security and functionality that we have picked by conducting detailed research.
Best Wallet – User-Friendly Ripple Wallet
The best Ripple wallet in the US right now is the Best Wallet. True to its name, Best Wallet comes packed with many intuitive and beginner-friendly features that would make it easy for people to buy, sell, and trade Ripple.
For one, this wallet has multi-chain support, allowing users to store multiple crypto assets, including cryptocurrencies and NFTs. And the wallet’s flexibility would allow traders of any level to interact with a wide array of decentralized applications.
And when it comes to security features, Best Wallet has implemented the most prominent measures, ranging from biometric identification to advanced encryption, to ensure that your crypto assets stay secure.
But the unique aspect of this crypto wallet comes from its AI integration. Developers have implemented an AI chatbot that not only makes it easier for users to use the wallet but also gives insight into the current market conditions. It also monitors the market on behalf of the investor.
In addition to these features, Best Wallet also has its very own token known as $BWAT. Staking $BWAT will give users multiple perks, including zero gas fees. Other perks include special voting rights, NFT drops, and airdrops.
Overall, Best Wallet is shaping up to be a tool that may redefine how one interacts with the cryptocurrency space. Those who wish to get it must register for the waitlist today.
Pros
- Store, buy, send, and receive 1000+ assets
- High level of security features
- Simple interface
- Has an AI integration
- Available on multiple devices
Cons
- It is yet to be released
- No information yet about crypto to fiat conversion
eToro – Most Secure Ripple Wallet
A strongly-regulated online broker, eToro offers a new feature now – Money decentralized software wallet. Designed by a team of blockchain specialists and crypto trading professionals, Money is known as one of the safest digital wallets, which is very simple to use and offers several features. It allows storing multiple cryptocurrencies, including XRP, BTC, ETH, etc. You can buy, sell, trade, and transfer more than 120 cryptocurrencies and charge over 500 crypto pairs through the Money app.
Like eToro’s trading platform, the Money wallet is entirely legal. It is provided by “eToro X Limited” and licensed by Gibraltar Financial Services Commission. You can enjoy secure transactions with the eToro wallet, as it has several safety features to prevent unauthorized access and cyber-attacks. These features include DDoS protection, multi-signature facilities, and standardization of protocols. The Money Wallet can be used in every country where eToro is available. However, to get access to the eToro wallet, you need to undergo the KYC process and completely verify your account.
As for its functionality, eToro offers multiple services. You can transfer crypto assets from your eToro trading account to your eToro wallet, send and receive digital assets from other wallets. The wallet also allows you to follow all your open positions and keep track of your cryptocurrency portfolio. Money wallet is free to download and is available on both Android and iOS devices. Its pricing system for the transactions is introduced on the transaction page of the app.
Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.
Pros
- Store, buy, send, receive 120+ cryptocurrencies.
- Strong security features.
- Designed by a brokerage platform with an excellent reputation.
- Easy-to-use interface.
- Free to download and store your cryptos.
- It is available in over 100 countries.
- It can be downloaded on iOS and Android devices.
Cons
- You cannot transfer your crypto back to your eToro account.
- A bit costly fees for crypto to fiat conversions.
Huobi – Best Ripple Wallet Mobile App
Huobi Wallet is one of the most popular and secure Ripple crypto wallets worldwide. It’s a hot storage wallet designed by the Huobi Group which is also the owner of the Huobi crypto exchange. The latter is a top-rank cryptocurrency broker that supports trading over 350 crypto assets and sets very competitive taker and maker fees. Additionally, the exchange provides a combination of advanced trading tools designed for expert traders.
Along with these functions, Huobi Global also offers you a hot storage wallet where you can transfer your coins and store them safely. The app is free to use and can be easily accessed from your phone’s App Store or Playstore. In addition, it is also available through the web.
Regarding its safety, the best point with this wallet is that it does not keep your private keys and data on its servers which gives you more control over your data and allows you to store your keys on the device. Huobi also stands out with a good range of crypto assets, it supports: you can find on this platform 20 different wallet types, including Bitcoin, Ethereum, Ripple, Litecoin, and so on. 13 stablecoins are also available to store and swap between other cryptocurrencies.
Apart from storing, you can also stake your PoS-based cryptocurrencies and earn rewards. Huobi also allows you to store NFTs and supports the “DeFi Gateway” tool through which you can access various protocols and utilize them.
Pros
- A secure wallet to store your cryptocurrencies and stablecoins.
- Supports an exchange platform where you can swap between various crypto assets.
- Offers a good selection of crypto assets.
- Founded by Huobi Global which is a leading broker in the crypto industry.
- Easy to operate and straightforward user interface.
- The Web version and mobile apps are available, while apps are compatible with Android and iPhone.
Cons
- Lack 2FA and Multi Signature security features.
- Does not support the U.S. States.
- The platform is not regulated.
Crypto.com – Best Defi Crypto Wallet
Crypto.com is one of the most secure, convenient, and versatile cryptocurrency wallets in the DeFi industry. Launched in May 2020, the wallet has quickly become popular among investors mainly due to the cryptocurrency exchange Crypto.com which is the owner of the product. However, the wallet has unique features that make it attractive and reputable.
First, it offers a broad selection of DeFi products, including cryptocurrencies, NFTs, DeFi coins, stablecoins, and several Ethereum-based tokens. Hence, it is a great option to build a diversified portfolio, as, besides Ripple, you can store hundreds of other cryptocurrencies, including Bitcoin, Ethereum, Cardano, Polkadot, Shiba Inu, Dogecoin, Cosmos, Yearn Finance coin, Uniswap, and several others.
What is most crucial, Crypto.com uses strong safety features to provide a secure platform where you can be sure your coins are protected appropriately. In the first place, it offers 100% control over your private keys, which are not stored on its servers, but on your device. Next, Crypto.com wallet keeps funds in cold storage, despite being a hot storage wallet which makes them more protected. And finally, you can activate Face ID, create a passcode, 12-word recovery phrase and use 2FA to add an extra layer of safety.
Apart from the versatility and safety, Crypto.com is also very practical. It has a simple-to-operate and convenient app that is compatible with iOS and Android mobile phones. Plus, you can access the wallet through the web. Downloading the wallet and storing your coins on it is completely free. But for transactions, you need to pay gas fees that are quite adjustable.
Pros
- An excellent user experience and great design well-suited for beginners.
- A handful of DeFi tools and protocols are available to explore.
- More than 500 cryptocurrencies are supported.
- Security systems are top-notch.
- Free to download and easy to install.
- Mobile app for iOS and Android phones.
- Adjustable transaction fees and confirmation pace.
Cons
- Users often complain about poor customer support.
- Not available with all its functions in some countries, including the US.
Binance – Best Ripple Wallet for Mining
The cryptocurrency exchange Binance provides one of the most well-known and safest software wallets called Trust. Launched in 2018, the wallet boasts of having millions of users worldwide. It supports over 160 cryptocurrencies, including ERC-20 token-based cryptos, Bitcoin, Ripple, and others, many of which are available for staking to make rewards. Along with storing and staking cryptocurrencies, users can also buy, sell, trade crypto assets and get access to different decentralized applications built on the Ethereum blockchain.
As for its safety, Binance wallet is known as one of the safest wallets worldwide, and it offers extra security layers which can be activated from the settings. Another fascinating feature about its safety is that Trust wallet does not store users’ private keys on its servers, so users are more responsible for their keys.
The Trust Wallet interface is highly user-friendly. The app is free and can be easily downloaded and installed from the App Store and Play Store. There are no subscription fees to install the app, but gas fees are later charged, which are paid to miners to verify transactions. Another great thing about the app is its in-house-built charts that allow the users to keep track of crypto prices without leaving the app. Trust wallet also provides an excellent support team, ticketing system, and FAQ section.
Pros
- More than 160 cryptocurrencies are supported.
- Strong security systems.
- Staking of multiple coins is supported.
- Compatible with Android and iOS devices.
- Millions of users worldwide.
- User-friendly interface.
- Clients have more control over their private keys.
Cons
- Gas fees are charged for miners and PoS chains.
- Not as secure as hardware wallets.
Coinbase – Best Ripple Wallet for iOS
Being among the top recognized crypto exchanges, Coinbase also offers its software wallet, which is known as Coinbase Wallet. The wallet supports all the ERC-20 token-based cryptocurrencies, plus BTC, BCH, LTC, XRP, XLM, DOGE, and NFTs. Though the Coinbase wallet does not support a wide range of assets, it possesses a number of other features that make it a unique wallet. Apart from NTFs, the Coinbase wallet supports ICOs, which means you can get new altcoins when they are still extremely low in value. Such hardware wallets as Trezor, KeepKey are compatible with the Coinbase wallet, and you can also link a crypto-friendly bank account to it.
Coinbase wallet is known as highly secure storage for your cryptocurrencies, and the team behind it does everything to keep the clients away from hacks and cyber-attacks. It uses a 2 Factor Authentication system to control access and ensure there are no unauthorized login attempts. The app is entirely free to download and install, but it charges transaction fees. Variable trading fees are also applied if you want to trade on the platform, which may differ depending on your payment method.
Pros
- Supports NFTs and ICOs.
- Uses strong security features to ensure user safety.
- Simple-to-use interface.
- Free to download and install.
- It is backed by a crypto exchange with a good reputation.
- Compatible with multiple hardware wallets.
Cons
- A small number of crypto assets are supported.
- Offers a not-so-cost-friendly pricing system for transactions.
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 Binance.com. 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.
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 Exodus.io. 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.
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 Infinitowallet.io, 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.
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
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:
Apple
- 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
Android
- 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.
What Makes a Good Ripple Wallet?
Finding a suitable XRP wallet may turn into a complex and time-consuming process if you don’t know what factors you need to pay attention to. Below, we have summarized what should be your top priorities when looking for an excellent Ripple wallet.
Safety
It comes with no surprise that not all wallets possess the required security features to protect users’ safety. Hence, carefully examine the security system of a wallet before trusting it with your cryptocurrencies. Wallets must have strong encryption systems, 2 FA systems, and other features to protect you from hacks and fraud. Hardware wallets are known as the most secure way to store your cryptos. But in contrast to software wallets, they are not so practical. Meanwhile, software wallets are pretty convenient when it comes to frequent trading and safe if provided with the necessary features.
Costs
Another key criterion to pay attention to is the pricing system. Basically, you can download and install the best software wallets for free, including eToro, Binance, and Coinbase wallets. In contrast, hardware wallets are pricey and not so budget-friendly compared to software ones. Still, they stand out with their strong security features and are a better option for storing your long-term investments. While selecting a software crypto wallet, you need to also consider transaction fees if you intend to trade on the platform.
Available coins
Though it basically refers to selecting a good Ripple wallet, you may also want to buy other cryptocurrencies or NFTs and combine all your assets in one place. If so, pay attention to what cryptocurrencies the wallets support and if they allow storing all the crypto assets you have decided to buy. In this regard, both hardware and software wallets support a great variety of cryptocurrencies, so finding a versatile wallet won’t be a hard job.
Features
If you want to use your wallet for other purposes as well, such as to trade, buy and sell cryptocurrencies, check out if it provides the necessary features. The best software wallets usually support some additional features apart from storing cryptocurrencies, such as staking, trading, NFTs, ICO. SO, if you want to make use of these features and need a more sophisticated wallet, carefully examine its features before selecting it.
Usability
Another critical factor to consider when selecting a wallet is its usability. It refers to how easy and straightforward it is to operate the app and use its features. A wallet with a simple-to-use and friendly user interface is a must if you don’t want to spend your time on complicated registration and transaction processes. Apart from that, make sure the app is compatible with your operating system. Usually, the best software wallets are compatible with Android, iOS devices, Mac, Linux, and Windows operating systems. Still, there may be wallets that cannot be downloaded on either Android or iOS phones.
Keeping these things in mind, our recommendation would be to go with Best Wallet. It is an intuitive wallet with many beginner-friendly features. And the fact that it has AI integration would allow investors to be future ready.
Best Wallet - Manage Your Crypto
- Access DeFi and Web3 Dapps Across Multiple Chains
- Comes With Your Own OpenAI Powered Chat Bot Assistant
- Get Early Access to Upcoming Token Launches & ICOs
- Integrated Decentralized Exchange To Buy & Trade Crypto
- Store Crypto And NFTs With Industry Leading Security
FAQs
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.
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