Key Takeaways
- Explore secure and user-friendly wallets for storing XRP (Ripple).
- Compare online, desktop, mobile, and hardware wallets.
- Learn how to choose the right wallet based on security and convenience.
- Discover top-rated wallets like Exodus, Ledger Nano X, and Trust Wallet.
Introduction
Ripple (XRP) is a leading cryptocurrency known for its fast transaction speeds and widespread adoption in payment systems. Unlike Bitcoin, XRP cannot be mined—it must be purchased through exchanges or stored in specialized wallets. This guide covers the best wallets for storing XRP in 2025, categorized by type and use case.
Types of Cryptocurrency Wallets for XRP
1. Hot Wallets (Internet-Connected)
- Online Wallets: Custodial (private keys managed by third parties). Best for frequent traders.
- Software Wallets: Non-custodial (private keys user-controlled). Includes desktop and mobile wallets.
2. Cold Wallets (Offline Storage)
- Hardware Wallets: Physical devices like Ledger Nano X.
- Paper Wallets: Printed private keys for maximum security.
Best Online XRP Wallets
Bybit
- Features: Cold storage for assets, two-factor authentication (2FA), low withdrawal fees.
- Fees: Free deposits; fixed withdrawal fee for XRP.
EXMO
- Features: Built-in dashboard, 24/7 support, transparent transaction history.
- Fees: 0.02 XRP per withdrawal.
Gate.io
- Features: Supports 1,300+ cryptocurrencies, mobile-friendly.
- Fees: 2.8 XRP network fee per withdrawal.
Best Desktop Wallets
Exodus
- Pros: Supports 100+ assets, automatic address verification, built-in exchange.
- Cons: Limited advanced features.
Atomic Wallet
- Pros: 300+ coins supported, no KYC, multi-OS compatibility.
- Cons: Higher learning curve for beginners.
Best Mobile Wallets
Trust Wallet (Binance)
- Pros: 160,000+ assets, iOS/Android support, decentralized.
- Cons: No desktop version.
Coinbase Wallet
- Pros: 500+ coins, trading features, easy onboarding.
- Cons: U.S.-centric regulations.
Best Hardware Wallets for XRP
Ledger Nano X
- Security: Bluetooth-enabled, 1,800+ assets.
- Price: ~$149.
Trezor Model T
- Security: Touchscreen, microSD encryption.
- Price: ~$219.
FAQs
1. Is there an official XRP wallet?
No—Ripple Labs recommends third-party wallets like Gatehub.
2. What’s the minimum XRP balance required?
20 XRP to activate a new wallet (reserve fee).
3. Which wallet is safest for long-term storage?
Hardware wallets (e.g., Ledger Nano X).
4. Can I stake XRP?
No—XRP uses a consensus ledger, not staking.
Conclusion
Choosing the right XRP wallet depends on your needs:
- Traders: Online wallets (Bybit, EXMO).
- HODLers: Hardware wallets (Ledger, Trezor).
- Beginners: Mobile wallets (Trust Wallet).
Always download wallets from official sources and enable 2FA for added security. Happy investing!