For Ripple, there are many different wallets on the market, all of which offer different security levels and more or less extensive functions. To give you an overview, this article will present you the best Ripple wallets 2019. There is a basic distinction for all wallets:
- Cold wallet or
- Hot wallet.
The decisive difference is a connection to the World Wide Web, the Internet. Cold wallets are never connected to the Internet, whereas Hot wallets are constantly connected. Hot wallets are therefore a popular, potential target for hackers and phishing attacks, as they can be accessed via the Internet connection. Large investment firms and crypto exchanges therefore store a large part of their clients’ assets in cold wallets. These offer the best possible security against thieves and hacker attacks.
However, cold wallets are not only recommended for large investors, but also for small investors with a small budget. So-called hardware wallets cost no more than 60 Euros and offer the best protection available on the crypto market. In the case of hardware wallets, the private key never comes into contact with the Internet and is stored exclusively on the Ripple hardware wallet.
The private key is mathematically linked to the wallet address, which is a hash version of the public key. The public key is not secret and can be viewed by any person.
Ripple Hot wallets can be divided into different categories:
- Ripple (XRP) Desktop wallets
- Ripple (XRP) Mobile wallets
- Ripple (XRP) Online wallets
If you want to buy Ripple/XRP, you can also have a look at our guide, how to buy Ripple. But before you buy XRP you should make an important decision: Would you like to keep your XRP in a hardware or desktop wallet and have full control over your assets? Or would you rather hand over the responsibility to a exchange that could become a potential target for hackers and phishing attacks?
We recommend that you keep your XRP on an external wallet away from a exchange. If you trade a lot, you can temporarily store your XRP on a exchange. If not, it is always safer to send the XRP to an external wallet. Cryptocurrency exchanges have the big disadvantage that they have ownership of your private key access and thus control over your asset.
Ripple (XRP) Hardware wallets
Compared to other wallets, Ripple Hardware Wallets offer the best possible protection currently available on the market. Your private key never comes into contact with the Internet and is therefore safe from potential hacker attacks. The release of each transaction must take place via a physical push of a button on the hardware wallet. Hardware Wallets are thus very effectively protected against phishing attacks, as no transaction can be sent without manual confirmation. Stealing XRP from your hardware wallet is almost impossible.
Even if the device were stolen, your XRP would be safe. Each hardware wallet is secured by a PIN and an additional 2-factor authentication. If thieves steal your hardware wallet, they still can’t access your assets.
If you want to manage larger amounts in XRP, an XRP Hardware Wallet is highly recommended from our point of view. Your assets will then be protected in the best possible way – with a whole range of different security functions. The price of our test winner Ledger Nano X is just 120€ and worth every cent of its price.
The following table shows the advantages and disadvantages of Ripple hardware wallets:
✅ Private Key does not come into contact with the Internet
✅ In addition to XRP, numerous other cryptocurrencies are also supported.
✅ Regular security updates by the manufacturers
✅ Each transaction must be physically confirmed via the device
✅ Very good customer support with the renowned manufacturers
❌ Storage of the coins is your own responsibility. However, this can also be an advantage!
We have tested more than 8 different hardware wallets, of which we present the five best Ripple Hardware Wallets. You can find a complete overview of all models tested by us in our large hardware wallet comparison.
| Hardware Wallet | Info | Test |
|---|---|---|
| ⚡ OUR test champion: The Ledger Nano X | 
|
| ⚡ Best price/performance ratio: The Ledger Nano S | 
|
| ⚡ 3rd place: The Trezor Model T | |
1.Ledger Nano X
The Ledger Nano X Ripple hardware wallet is our test winner in a comparison of 8 products. It is the successor model of the Ledger Nano S that has been sold over 1.3 million times worldwide. The Nano X connects to your smartphone via Bluetooth, so you can easily manage your cryptocurrencies on the go. So you can use the Ledger Nano X like a mobile wallet, with the big advantage that it offers the security of a hardware wallet.
In addition, the new model has significantly more storage space so that up to 100 apps can be installed on the device at the same time. This means that you can control up to 100 cryptocurrencies like XRP, Bitcoin or Ethereum via your hardware wallet. In addition, the display of Ledger X is larger than the preceding model, so Bitcoin addresses can be fully displayed and scrolling is no longer necessary. Currently there is almost no hardware wallet that can compete with the Ledger Nano X in terms of security and value for money.
2.Ledger Nano S
The Ledger Nano S is the predecessor of the Ledger Nano X and offers an equal safety standard. The big advantage of the Nano S is the unbeatable price of just 59€. Especially for newcomers who don’t want to spend much money on a hardware wallet, the Nano S is a good option.
The price-value ratio of this hardware wallet can be classified as very good. If you don’t need the Bluetooth function, the Ledger Nano S is the right choice for you. We have been using the Ledger Nano S for several years now and are very satisfied with its ease of use and strong safety.
3.Trezor Model T
SatoshiLabs has launched a competitor model to the Ledger Nano X, the Trezor Model T. This costs a little more, but has a touch display and some other new functions. The firmware was completely revised and numerous security updates were delivered.Together with Ledger, Trezor is one of the largest hardware wallet manufacturers worldwide.
The Trezor Model T is also the successor to the Trezor One, one of the best-selling Ripple Hardware Wallets in the world. The Model T has a faster processor and a MicroSD slot that can be used for data encryption. It also has a USB-C port so that the wallet can be connected to your PC.
The Trezor Model T is definitely one of the more expensive hardware models on the market. However you will get a very good quality and security standard.
4.Trezor One
The Trezor One is the first hardware wallet model from Trezor and was the very first hardware wallet on the crypto market. Since 2014, the Trezor One from SatoshiLabs has been sold more than a million times, making it one of the most successful hardware wallets to date.
The Trezor One offers strong security and decent quality at a reasonable price. We have been using Trezor One since the beginning of 2015 and are completely satisfied with both the ease of use and the user interface, Trezor Bridge. It can be a good alternative to the more expensive Trezor Model T. In the following we present further details to you to the product more exactly.
5.Digital Bitbox
The Digital Bitbox 01 is a very cheap hardware wallet that does not support XRP yet. Nevertheless, the native token of Ripple, XRP, should follow promptly. As soon as there is an update here, we will inform you about it here.
So far, the Digital Bitbox 01 supports BTC, LTC, ETH and ETC as well as ERC20 tokens. Details on safety and operation can be found below.
In practice, hardware wallets offer the best possible protection for XRP and your cryptocurrencies. Therefore, an investment in an XRP hardware wallet is worth every penny in our opinion.
Even if the price may initially discourage you a little, the purchase of a hardware wallet is highly recommended. Especially the Ledger Nano S is now so cheap that the price should no longer be an excuse to protect your XRP best possible.
Ripple/XRP Desktop- und mobile Wallets
As the name suggests, desktop wallets are installed on your desktop computer. You can then use the software to easily and securely manage your XRP. The advantage of Ripple desktop wallets over XRP Online Wallets is that your private key is only stored locally on your PC and not on a company server. This gives you full control over your wallet and assets. Unlike hardware wallets, a desktop wallet is not protected as good against hacker or phishing attacks because your PC is (probably) permanently connected to the Internet. Nevertheless, a Ripple desktop wallet offers much better protection than online wallets.
Desktop wallets are in our opinion the best alternative if you are looking for a free Ripple (XRP) Wallet. There are many different Ripple desktop wallets providers on the market. Below we show you the best XRP desktop wallets, all of which are available for free download. But first we will introduce you to the advantages and disadvantages of XRP desktop wallets:
✅ No purchase costs, use is free of charge
✅ Regular updates
✅ Each transaction must be confirmed manually.
✅ High safety standard
❌ Caution when choosing a desktop wallet: Not every provider can be classified as serious.
In addition to XRP desktop wallets, there are also mobile Ripple wallets that can be accessed from your smartphone. The biggest advantage of a mobile wallet is that you can always access your XRP as long as you have an Internet connection. A clear disadvantage, however, is that a smartphone is a potential target for hacking and phishing attacks. You are only effectively protected against this with a hardware wallet. In the following we show you the different advantages and disadvantages of XRP mobile wallets.
✅ More cryptocurrencies than just ripple (XRP) are often supported.
✅ Your mobile phone is usually easy and intuitive to use, as is the user interface of most mobile XRP Wallets.
✅ Wallet providers often provide support to which questions can be directed.
❌ No deposit insurance, as offered e.g. by eToro Wallet
❌ Susceptible to hacking or phishing attacks
There are countless providers of mobile ripple wallets. The following are some of the most popular and secure XRP wallets available for both your smartphone and desktop PC.
- Atomic Wallet
- Jaxx Liberty
- Exodus Wallet
- Coinomi Wallet
- Edge wallet
1.Atomic Wallet
The Atomic Wallet is available as a desktop as well as a mobile wallet. In addition to XRP, more than 300 cryptocurrencies are supported. With the Atomic Wallet you can also manage BTC, ETH, LTC and many other Altcoins. The focus of the wallet’s developers is primarily on strong security, anonymity and decentralization. The wallet did not come onto the market until 2017, but it is very popular. A founder and developer of the wallet is Konstantin Gladych, CEO and co-founder of the Changelly.com crypto exchange.
When it comes to security and anonymity, it is important to know that both the private key and the transaction data are only stored locally on your PC and not on a corporate server. In addition, your data will not be passed on to third parties. A very interesting feature of the wallet are the so-called Atomic Swaps. This allows cryptocurrencies to be exchanged directly with each other without the involvement of another intermediary, such as a exchange. Trading fees that would be incurred for an exchange on a exchange can be effectively saved. For all cryptocurrencies that do not yet support Atomic Swaps, a connection to Changelly or Shapeshift is available. This allows you to exchange crypto like XRP very quickly and easily.
We have been using the Atomic Wallet for several years now and are really satisfied with its simple user interface and strong security. The wallet is a good option for both newcomers and professionals to securely and easily manage your XRP on a desktop and mobile wallet.
You can download the Atomic Wallet under this link. The desktop version is available for Windows, Mac, Ubuntu, Debian and Fedora. In the mobile version, both Android and iOS are supported as operating systems. In the following we describe the most important properties in more detail.
2.Jaxx Liberty Wallet
The Jaxx Liberty Wallet supports Ripple’s XRP and more than 80 different cryptocurrencies. The wallet is available as desktop and mobile version. The wallet was developed by the company of Anthony Di Iorio, a co-founder of Ethereum. Accordingly, the wallet enjoys a very good reputation in the crypto community. The Jaxx Liberty Wallet also receives regular security updates.
Just like the Atomic Wallet, the safety of the Jaxx wallet is very good. Your Private Keys are only stored locally and do not leave your PC at any time and are not stored on external servers or shared with third parties. The wallet also offers the possibility to generate a backup, which you can use in case of emergency to restore your account. This is especially important if your PC breaks down or gets stolen. The operation of the wallet is very simple and reliable. In addition, the Wallet’s support team can be contacted around the clock.
You can download the Ripple Wallet here (click!). You will be taken to the home page where you can download both the desktop version and the mobile version for Android or iOS. The desktop version is available for both Windows and Mac. In addition, there is a browser extension for the Google Chrome browser.
3.Exodus desktop wallet
The Ripple Exodus Wallet supports XRP and a total of 100 different cryptocurrencies. The wallet was developed and launched in July 2016 by Daniel Castagnoli and JP Richardson. The wallet is very popular with newcomers because of its simple and clear surface. There are many reasons for this. One reason is certainly the good range of functions. The Exodus Wallet offers three main components:
- Multi-Coin Wallet,
- a portfolio tracker
- and an integrated exchange service from Shapeshift.
However, the security of the wallet can be classified as good, but not optimal. Your private keys will never leave your PC, but is stored locally and not on an external server of another company. The wallet also offers the possibility to create a backup. Your backup code will be sent by mail. This type of backup creation is simple and convenient, but mails are not the most secure communication tool. The wallet also lacks two-factor authentication. In this case, hackers “only” have to crack your password and get extensive access to your assets.
Just like the Jaxx Liberty Wallet, the Exodus Wallet also offers very good customer support. In addition, there is an extensive FAQ section, which even includes tutorials. The support team can be contacted via email, Twitter, Facebook and even in their own slack channel.
You can download the wallet from the official website (click here!). The wallet is available as desktop and mobile version.
4.Coinomi desktop wallet
The Coinomi wallet also supports more than 275 cryptocurrencies in addition to XRP. The wallet was launched in 2014 and is one of the oldest wallets on the market. It can already count several million users worldwide. The wallet offers a high level of security because the IP address of the users is encrypted. In addition, your private keys never leave your PC, but are stored locally on your device. Your private keys will also not be stored on company servers and will not be passed on to third parties.
As the name suggests, the wallet is connected to the Coinomi exchange. This allows users to trade cryptocurrencies such as XRP directly from the wallet. The detour via a exchange such as Coinmerce or Coinbase can be avoided. Our criticism of the Coinomi Wallet is that it is not possible to activate a two-factor authentication. The wallet is just protected by a password. A second security layer is missing. Therefore, make sure that you have installed an up-to-date anti-virus program that detects and deletes harmful Trojans.
You can download the wallet on the official website (click!).
5.Edge Wallet
The mobile Ripple Edge wallet is available for both Android and iOS. In addition to XRP, a total of 17 other cryptocurrencies are supported. A unique feature of the wallet is that you can deposit Fiat currencies such as USD or Euro into the wallet and buy XRP directly. This can save the detour via a exchange such as eToro or CEX and thus also costs.
You can also secure your wallet with a PIN or Touch ID. The mobile wallet can also be operated from several terminals. This can be a clear advantage for some users in practice. Very useful for owners of multiple smartphones is also that the wallet can be used from multiple devices.
You can download the wallet from the official website and install it quickly and easily (click!).
This can allow hackers as well as phishing attacks to attempt to steal your data and gain access to your assets. This makes the use of good virus protection and anti-malware software all the more important. Be aware that a mobile or desktop wallet does not provide comprehensive protection like a hardware wallet.
Ripple Online Wallets
Ripple online wallets offer a very easy and good way to manage your XRP securely and quickly. A classic example of an online wallet are all the wallets offered by cryptocurrency exchanges. This allows you to trade XRP and other cryptocurrencies directly on the exchange. In addition, there is no need to set up a wallet or create a backup.
Although of the good reputation of some cryptocurrency exchanges, users have to trust the exchange blindly because only it manages the private key. In the past, many exchanges have been the victims of hacker attacks in which assets worth millions were stolen. Despite this fact, many users keep their XRP, BTC, ETH on exchange wallets – simply because it is convenient. However, if you trade a lot, online wallets can be a good way to store your ripple.
The following overview shows the advantages and disadvantages of Ripple online wallets:
✅ If you use a exchange wallet, you can trade directly with XRP and other cryptocurrencies without detours.
✅ No costly setup of a wallet
✅ Payout limits can be defined for each transaction
✅ The operators of online wallets often offer very good support.
❌ You do not have access to your private key, which is managed by the exchange.
❌ Greater vulnerability to hacker and phishing attacks
❌ Some web wallet vendors have turned out to be SCAM in the past.
1.Ripple (XRP) Exarpy Wallet
The Exarpy Wallet is an XRP web wallet that allows users to directly access the Ripple network and benefit from the low fees on the network. The wallet was already developed in 2016 and is intended exclusively for XRP owners. The Online Wallet does not store any user data upon registration.
In addition, the wallet has a transaction history which the user can view. This data is read and provided directly by the ripple blockchain. Exarpy has also implemented SSL encryption to transfer data between the user’s browser and the platform’s API. All transactions made are final and cannot be undone. The immutability and finality are two characteristics of the blockchain. As with many other XRP Wallets, a minimum deposit of 20 XRP is required to activate the account. The Exarpy Wallet enjoys a good reputation in the crypto scene and is considered a secure and fast way to manage your XRP online.
2.Coinpayments XRP Web Wallet
The Coinpayments Ripple Online Wallet supports XRP and over 50 different cryptocurrencies. The assets can be received, stored and sent. The website is available in over 10 different languages. Coinpayments also offers good customer support, which can be contacted quickly and easily by e-mail or the ticket system if you have any questions. We’ve received a helpful response in less than 24 hours.
The surface of the wallet is very simple and clear and therefore perfectly suitable for beginners. Coinpayments offers the possibility to secure the wallet via 2-factor authentication. The wallet is also available as a mobile Ripple Wallet for Android and iOS.
3.The Binance web wallet
Another option is store your XRP on the wallet of the popular cryptocurrency exchange Binance. This can be a worthwhile option especially if you want to actively trade cryptocurrencies. This eliminates the intermediate step of moving your XRP from the wallet to a exchange. At this point, however, be aware that you can secure your account with Binance with a variety of security measures, but that you have no control over your private key. You hand the responsibility over to the trading platform.
Binance offers the option of setting up a 2-factor authentication so that your account can be well secured. However, there is a risk that Binance could become the target of hacker or phishing attacks and your XRP could be stolen. In May 2019, Binance was hacked and 7,000 Bitcoin were stolen. Although Binance has fully repaid users’ losses from its own financial resources, the hack shows that even well-known exchanges are not immune to hacker attacks.
You can register an account on Binance by clicking on this link*.
4.eToro wallet
Our second choice is eToro, which, however, only appeals to residents outside of the US and UK (as of 01/2021). eToro is one of the largest CFD providers in the world and offers various cryptocurrencies in “physical form” as well as CFD (outside of the two aforementioned regions). Due to its high security standards and reputation, eToro can be a good option for custody in our view.
For more information, you can read our eToro review. If you want to sign up for the wallet, you can use this link (click here*) to create an account with eToro.
**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
, Bitcoin Cash (BCH)[/su_spoiler], ZCash (ZEC)5.Litebit Online Wallet
Litebit is one of our favorites when we recommend a exchange to buy Ripple (XRP). Litebit offers a web wallet where you can easily and securely store cryptocurrencies. In addition to XRP, Litebit offers the purchase and sale of more than 50 different cryptocurrencies. However, the broker does not have a wallet for all cryptocurrencies.
If you use Litebit, you will not have access to your private key. You give the responsibility to Litebit, who take care of the safekeeping of your private key. However, you can secure your account with Litebit with a 2-factor authentication and thus greatly increase the security of your account. If you want to buy XRP and use Litebit’s Web Wallet, just click on this link. You get directly to the homepage of Litebit* (click!).
After we’ve introduced you to a few Ripple Online Wallets, the following overview shows the advantages and disadvantages of XRP Web Wallets.
Ripple (XRP) specific online wallets (e.g. Exarpy) have the advantage that you are the sole owner of the private keys. They also offer a higher level of protection in principle. However, you must remember that the Private Keys are connected to the Internet. This means that your computer may be connected to malware that is aimed at stealing your XRP. With a good anti-virus and anti-malware software you can protect yourself against it very well. Nevertheless, one should be aware that there is no absolute certainty.
Both categories of web wallets also have the disadvantage that they are particularly vulnerable to phishing attacks because they use a browser to access them.
Ripple/XRP Offline Wallets / Ripple Paper Wallets
Ripple/XRP paper wallets can be a very good choice if you don’t want to spend money on a hardware wallet and still want good security. Paper wallets enjoy a good reputation. Your private key is “secured” on a piece of paper and never comes into contact with the Internet. Only if you want to send XRP you have to use a web wallet.
Ripple/XRP offline wallets are suitable for you if you want to store your XRP and do not access it for a long time. You should store your Ripple/XRP paper wallet in a safe place such as a safe or locker. When creating the Paper Wallet you should make sure that your PC as well as your printer is free of viruses and Trojans. This is a potential weakness of the Ripple paper wallet.
✅ Ideal for beginners
✅ Quick and easy in the “Setup”
❌ Storage of coins is your own responsibility, this can also be an advantage, depending on what you prefer
❌ Not 100% safe from hacker or phishing attacks
Paper Wallets can be a great way to store your XRP easily and safely. But note the following:
More important information about the Ripple/XRP wallet test
We have compiled the information presented to the best of our knowledge and experience. However, always keep in mind that you should do your own research to find the wallet that suits you best.
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If you have any questions or suggestions regarding our Ripple Wallet review, please feel free to leave a comment. We are looking forward to your questions and feedback. If you liked our contribution, we would be pleased about an appropriate evaluation:
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