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Ripple has emerged as one of the most efficient cryptocurrencies in the market. It is a payment-oriented digital asset supported by the XRP Ledger (XRPL) blockchain. The XRPL protocol is open-source and permissionless, which allows for quick transaction speeds.

Unlike other cryptocurrencies that take a more confrontational approach to traditional financial institutions, XRP is more cooperative. Banks and other traditional institutions can utilize it for secure and fast fund transfers. In fact, it has surpassed SWIFT as a money transfer platform.

Different types of XRP wallets exist for various devices and in various forms. The common XRP wallets include exchange, hardware, software, and paper wallets. Exchange wallets are suitable for short-term storage, and some of the best ones include Coinbase wallets.

Understanding XRP wallet types

Choosing the best XRP wallet warrants a strong check on its security, accessibility, and functionality. With a plethora of XRP wallet types flooding the market, such as software, hardware, and paper, finding the right one for you can be challenging. Here is a briefing on the different XRP wallet types.

Hardware wallets store XRP away from the internet and offer protection against hacking and scams. Companies like Ledger and Trezor produce top-quality XRP hardware wallets.  Hardware wallets offer an additional layer of security to cold storage options such as paper wallets.

They have a secure chip in them that ensures that when you connect them to a computer to send your cryptocurrency, you never have to input your private key on the computer itself. This makes it safer to trade even on a compromised computer. The hardware can be restored on a new device from the ‘seed words’ provided with the wallet.

While hardware wallets are the most secure option, their price may not be worth the investment depending on the amount of currency you hold. A software wallet becomes the more apparent choice for those with regular trading options.

Software wallets are convenient as you can access them anywhere, but their security is a concern due to the internet connection. Software wallets are available in desktop, mobile, and online formats. Desktop wallets offer complete control of currency but have the risk of losing coins forever if hacked or compromised.

Mobile wallets are convenient for physical retail store use but have the same disadvantages as desktop wallets if coins are stored locally on the phone. Online wallets can be accessed from anywhere and linked to other wallets but require trust in the website owners for storing private keys.

Paper wallets are a form of cold storage for cryptocurrencies that contain a cryptocurrency address and private key accessed via a QR code. They are a low-cost option and reduce the risk of hacking since they are not connected to the internet.

However, they are more complicated to set up and use than software wallets, and if lost, there is no way to restore access to the currency. Also, using a device to access the currency from a paper wallet means it can still be vulnerable to hacking.

Doing thorough research on the different XRP wallet types, therefore, is crucial to find the one that fits your needs. Each type offers distinct features, including the ability to trade multiple cryptocurrencies, send and receive XRP, Bluetooth connectivity, battery performance, and PIN and Masterkey protection.

Stick to official or highly recommended XRP wallets to avoid scams or fraud. When choosing a wallet to protect your XRP, prioritize security, convenience, and usability to make an informed decision.

Regardless of the storage method, having the basic knowledge to effectively store your crypto is important. As you enter the crypto world to start off trading or investing in XRP, the need arises to store your XRP safely and securely; therefore, choosing the right wallet becomes crucial.

Given its impressive functionality, XRP is an attractive choice for investment. However, when you invest in XRP, it is essential to ensure reliable access and security. This is where XRP wallets come in. Numerous XRP wallets are available on the market, and this guide will help you select the most suitable option.


Uphold is a multi-platform wallet that provides a secure and hassle-free method for users to hold, exchange, and trade XRP. The wallet is compatible with various platforms, including iOS, Android, and the web, and enables smooth transactions between traditional, crypto, and even metals.

Top features:

  • Custodial wallet
  • The unique AutoPilot feature allows for automating recurrent transactions
  • Commission-free trading between crypto, shares, and metals
  • Available on Uphold exchange platform

Atomic Wallet

Atomic Wallet is a multi-platform wallet allowing users to manage their XRP and other digital assets on desktop and mobile devices. A unique feature of Atomic Wallet is that it gives users control over their private keys and the flexibility to manage over 300+ tokens. Atomic Wallet is a powerful tool enabling users to exchange over 100 cryptocurrencies.

Top features:

  • Software wallet
  • Decentralized exchange within the wallet enables the purchase of cryptocurrencies from within the wallet itself
  • Commission-free trading between crypto, shares, and metals,
  • Multi-platform support; web, iOS, Android, and Linux

Trust Wallet

Trust Wallet is a popular open-source mobile wallet for securely sending, receiving, and storing cryptocurrencies, including XRP. It supports multiple cryptocurrencies and allows users to interact with dApps directly from the app.


  • Software wallet
  • Beginner friendly
  • Built-in Web 3.0 browser to access dApps
  • Available on both iOS and Android devices.


StormGain is a cryptocurrency wallet that allows users to trade and invest in cryptocurrencies. CoinMarketCap recognized StormGain as the top provider of interest rates.

StormGain supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and Tether, with users even being able to earn as much as up to 12% interest on their funds.

Top features:

  • Software wallet with a beginner-friendly dashboard
  • Suitable for more experienced traders who can take advantage of the high leverage limits
  • Ability to create a demo account to learn and practice trading using virtual funds worth $50,000
  • Available for both iOS and Android


Freewallet offers an XRP wallet with a built-in exchange function for iOS and Android devices. Freewallet was the first to release Bitcoin Cash and Bitcoin Gold wallets for Android. The Freewallet family includes cryptocurrency wallets for Android, iOS, and also the crypto wallet app with a web interface.

Using Freewallet, users can hold over 30 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple XRP, all in one place.


  • Software wallet – Mobile and Desktop supported
  • Intuitive & simple to use
  • Multi-coin support of more than 100 cryptocurrencies
  • Integrated exchange for fiat-crypto trading


Exodus is a software wallet that supports over 165 cryptocurrencies, including XRP. Users can send, receive, and exchange XRP with the wallet’s built-in exchange. The wallet encrypts private keys and transaction data, ensuring that the user’s data remains private and secure.

Exodus integrates with Trezor hardware wallets, combining the security of Trezor with the simplicity of Exodus. The wallet requires a minimum balance of 10 XRP to remain in compliance with the XRP Ledger enforced reserve requirements.

While Exodus is not a dex-specific wallet, it is a great general-purpose crypto wallet that provides a secure and user-friendly platform for managing digital assets, including XRP.

Top features:

  • Non-custodial wallet – mobile, desktop, and web browsers supported
  • It can be linked to a Trezor hardware wallet for added security.
  • Supports 260+ digital assets, including NFTs
  • Available on both iOS and Android devices in addition to web browser support.


Guarda is a multi-currency wallet that supports Ripple (XRP) and other cryptocurrencies. Guarda offers a non-custodial wallet that allows users to store, exchange, and manage their cryptocurrencies.

Guarda supports digital assets across 40+ blockchains and over 10,000 tokens. Guarda provides the ability to purchase XRP via bank cards and exchange currencies within the wallet. Guarda provides a secure encrypted wallet backup, 24/7 customer support, and cross-platform accessibility through a desktop, mobile, and as Chrome extension.

Top features:

  • Non-custodial wallet – mobile, desktop, and web browser supported.
  • Integration with Ledger hardware wallet for added security.
  • Built-in exchange for crypto trading
  • Available on iOS, Android, and Linux.


XUMM is a mobile wallet that allows users to manage their non-custodial XRP Ledger accounts and tokens. It is secured with strong security features like multi-sig and 2-factor authentication.

Additionally, XUMM is not just a wallet but also a platform that has an entire ecosystem and integrations available, allowing users to manage and use their XRP and any other issued token/currency on the XRP Ledger. XUMM is ideal for retail use, with advantages like micropayments, loyalty points, and easy webshop checkout flows.

Top features:

  • Non-custodial wallet
  • It can create multiple XRP Ledger accounts
  • Supports dApps within the XRP Ledger
  • Available for both iOS and Android devices


GateHub is a platform that serves both as a crypto wallet and also as an exchange. GateHub offers a secure wallet that holds crypto assets safely.

Users can send and receive payments instantly on GateHub and XRP Ledger, and the platform offers real-time portfolio analytics to keep track of one’s investments.

The platform is secured with AES encryption to protect personal and financial data, and Coincover provides insurance up to $100,000 in the event of theft. The GateHub wallet allows for easy management of investments, and the platform features transparent fees for users.

Top features:

  • Beginner-friendly software wallet
  • An inbuilt payment gateway that supports fiat currencies, including USD
  • Option to trade between multiple cryptocurrencies from within the platform
  • Available as a web platform-enabled wallet

Coin Wallet

Coin Wallet uses client-side encryption to secure the wallet on the device. It enforces unique passphrase encryption, allowing strong default protection for the wallet. Users can use a 4-digit PIN or biometrics for quick and secure access to their wallet. Coin Wallet also uses hardware-grade security with 2FA authentication using FIDO-certified security keys.

Top features:

  • Software wallet with a strong emphasis on security
  • Beginner friendly with builtin crypto trading feature
  • Multi-coin, multi-language support
  • Multi-platform support; web, iOS, Android, and Linux


YouHodler employs Ledger Vault’s multi-authorization self-custody management solution to securely control its crypto assets with $150 million pooled crime insurance. Additionally, it adheres to PCI Security Standards for credit card operations and Cryptocurrency Security Standard (CCSS) for crypto operations.

Top features:

  • Software wallet with a customer-focused design experience that suits both beginners and expert investors
  • Hybrid CeDeFI platform that facilitates crypto-backed loans and investment.
  • Supports and promotes affiliate programs

YouHodler is available for iOS and Android devices.


Coinomi is a reliable and secure noncustodial wallet that has been around since 2014. It supports over 125 different blockchains and more than 1,770 crypto assets, including XRP tokens.

One unique aspect of Coinomi is that only a single seed phrase is needed for multiple wallets, and the seed phrase can be stored locally on the user’s device. The mobile app offers 24/7 support and no fees for sending and receiving funds, with users only needing to pay network fees.

Top features:

  • Software wallet with native support for a wide variety of cryptocurrencies
  • Security features include wallet encryption along with enhanced privacy features
  • Mult-chain support with builtin trading exchange
  • Multi-platform support; web, iOS, Android, and Linux

D’CENT Wallet

D’CENT wallet is touted as Korea’s #1 cryptocurrency wallet that launched the world’s first biometrically authenticated cold wallet in 2018. D’CENT allows the user to safely store cryptocurrencies and also access blockchain-based services. I

t has features such as cryptocurrency portfolio management, dApp service, hardware wallet management, and software wallet. D’CENT Wallet also enables users to send and receive cryptocurrencies using simple names instead of complex addresses through ENS or RNS.

Top features:

  • Provides both hardware and software wallet with integration through a single mobile application
  • Builtin dApp browser that allows access to DeFi and staking services
  • Support for trading in NFTs launched on Ethereum chains
  • Available for both iOS and Android


Bit2Me is a cryptocurrency exchange offering a multi-currency wallet and personalized naming options. Bit2Me wallet supports all the leading cryptocurrencies like Ethereum, Bitcoin Cash, Litecoin, and Ripple. It also supports instant and micro-payments in various cryptocurrencies.

Top features:

  • Beginner-friendly software wallet with integration into the decentralized exchange platform
  • Supports115 cryptocurrencies and growing
  • Popular exchange trading platform with high trading volume across Europe
  • Multi-language support
  • Available for both iOS and Android


In conclusion, Ripple’s XRP is one of the most functional cryptocurrencies available that operates on permissionless and decentralized blockchain technology. The collaborative nature makes it ideal for traditional financial institutions to transfer funds securely and quickly. As such, XRP is an ideal crypto asset to add to one’s investment portfolio.

However, investors must choose a reliable and secure XRP wallet and also practice sound cryptosecurity measures to ensure reliable access and security. Learning how to safely send and receive XRP and conducting thorough research are essential components of effectively managing and interacting with XRP wallets.

You may also explore the best cryptocurrency wallets to store your crypto securely.

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