The most important mistake new cryptocurrency users make is leaving money on an exchange.

Why?

If an exchange gets hacked, you will lose money. The wallets below will let you take your coins into your own hands and have true control over your XRP or other cryptocurrency.

Our Top Picks

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TREZOR and Ledger Nano X are the two best hardware wallets for cryptocurrency. Unfortunately, right now, only the Nano X supports storing XRP.

The Nano X is made by Ledger, a Bitcoin security company based in France. They have been creating cryptocurrency hardware wallets since 2014.

Who should get a Nano X?

If you are buying XRP that you plan to hold for a while, then the Ledger Nano X is probably the easiest way to securely store your XRP for a long period of time.

When digital currency is stored on online computers, it can easily be obtained by malware or hackers. The Nano X stores your XRP offline and away from hackers or malware. The Nano X stores your private keys which control your XRP in its secure offline environment.

One other benefit of the Ledger Nano X is that it supports more coins and cryptos than any other hardware wallet.

Putting Ripple on Ledger

Here is a good video on how to move XRP tokens onto your Ledger device:

Best Ripple Android Wallets

The best ripple wallet for android in 2020 is defintely Atomic Wallet. It makes sending and receiving Ripple easier to do than any other wallet on the market that we have tested. The devs at Atomic have done a great job creating an interface that is intuitive a simple, while including all the features you’ve come to expect in a modern multicurrency wallet.

However, just because Atomic services other currencies doesn’t mean they are slacking when it comes to ripple support. Where other wallets have failed to stay up to date, Atomic wallet stays on top of all new features brought to XRP.

Best Ripple iOS Wallets

Like Android, Atomic Wallet is the best available wallet for XRP on iOS.

Its source code is also open source.

Best Ripple Desktop Wallets

Atomic Wallet

Atomic Wallet is a multi-crypto desktop wallet. It supports Ripple, Litecoin, Bitcoin and many other coins.

Ripple Wallet Comparison

	Hardware	Secure Storage	Price	Mobile Wallet
Ledger	Yes	Yes	$95	No
Atomic Wallet	No	No	Free	Yes

Ripple Paper Wallet

We did some research and the only Ripple paper wallet generator and we only found one.

There is a glaring issue with the one we found: It does not display its source code on the website.

This is very dangerous because it could mean the website is just generating wallets that it stores the private keys to. This means that at any point in the future the site could steal the Ripple sent to wallets generated by the site.

At this point in time, it’s best to stay away from this wallet.

Gatehub for Ripple

Gatehub is often recommended as one of the best ways to store Ripple online.

However, there are a few issues with the Gatehub wallet.

The main issue with Gatehub is that it is a web wallet. Web wallets are less secure than hardware wallets, and even less secure than desktop wallets or mobile wallets.

Blockchain.info is the most popular Bitcoin web wallet. The amount of bugs and loss of funds with this wallet are too many to count. And Gatehub users are likely to run into the same issues that blockchain.info users ran into.

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For you to add funds to your Ripple Wallet, you will need to find an exchange to buy Ripple (XRP) from, then transfer it to your Wallet. Many XRP Wallets have exchanges native to them (as seen above), however, these exchanges generally charge very high fees for the convenience, so it’s generally better to use a dedicated exchange, like Kraken or Coinmama.

Kraken Exchange homepage

You’ll need to choose an exchange that services your country and/or state. You can find a full list of exchanges sorted by country and preffered payment method on our exchange finder or you can see the most popular exchanges below:

After you have bought your crypto, you’ll need to send it to your ripple wallet.

• Our Top Picks
  • Who should get a Nano X?
• Putting Ripple on Ledger
• Best Ripple Android Wallets
• Best Ripple iOS Wallets
• Best Ripple Desktop Wallets
• Atomic Wallet
• Ripple Wallet Comparison
• Ripple Paper Wallet
• Gatehub for Ripple
  • Is it safe to store Ripple on an iPhone or Android phone?
  • Is there a Ripple web wallet?
  • What is Ripple’s actual name?
  • When will TREZOR support Ripple?
  • Why do I need 20 XRP minimum in my wallet?
• Why Can’t I Just Use my Exchange as a Wallet?
• Toast Wallet Review

Is it safe to store Ripple on an iPhone or Android phone?

It is probably fine for short periods, but if you are serious about securing your XRP then it is worth it to pick up a hardware wallet.

Is there a Ripple web wallet?

Gatehub is often recommended as a Ripple web wallet. However, since many Bitcoin users have lost money when using web wallets, we’re not going to cover that wallet here.

What is Ripple’s actual name?

Ripple recently changed its branding. It used to be known as Ripple but now only goes by XRP. The ticker still stayed the same as $XRP.

When will TREZOR support Ripple?

TREZOR has not announced any plans to support Ripple. However, since a lot of Ripple users are buying Ledger wallets, it seems almost certain that TREZOR will be forced to add support for Ripple soon.

Why do I need 20 XRP minimum in my wallet?

Ripple added the 20 XRP minimum in order to prevent network spam. This ensures that in order to transact on the network a wallet must have this 20 XRP balance. Ripple’s cryptographer, David Schwartz, explains here:

Unlike a bitcoin receiving address, a funded Ripple wallet is a real thing on the ledger that has properties. This has advantages and disadvantages, but one of the disadvantages is that there’s a cost associated with having one. To cover the costs imposed on the network, the XRP Ledger has a “base reserve” that is XRP that is not spendable or transferrable. You can use the reserve to pay transaction fees and, if the reserve drops, you can transfer out XRP to the new reserve level.

Why Can’t I Just Use my Exchange as a Wallet?

This is a big NO!

When you use an exchange as a wallet, you leave open a wide range of ways to lose your money.

Your account can get hacked very easily especially if you don’t have a strong password or 2-factor authentication.

The exchange itself could also get hacked. Let’s say an exchange holds $100,000,000 worth of cryptocurrency and gets hacked. The hacker runs away with $10,000,000; 10% of the exchange’s money.

Binance, one of the world's largest exchanges, had $40 million dollars hacked</a>

Then the most likely case is that you as a user will have 10% of your balance removed. The exchange is very likely to pass on its loss to you.

Storing your coins on a wallet you control eliminates this risk for you.

Toast Wallet Review

Unfortunately, you can no longer download Toast wallet and there are no updates since the team stopped working on it out of protest of Ripple’s treatment of the community devs.

Toast Wallet has been removed from App Stores in protest at the abysmal treatment of community developers by Ripple. Existing Toast installs will continue to work and funds are safe. We await a clear and transparent community developer support programme from xPring.

— Toast Wallet (@ToastWallet) June 18, 2020

Because the app is no longer updated, that means that any security holes in the code that are found will never be fixed. With that in mind, we recommend moving to Atomic Wallet.