HomeCryptocurrency HubXRPBest Ripple Wallets in 2022

Best Ripple Wallets in 2022

Last updated 30th Nov 2022

Ripple (XRP) is becoming a blue-chip coin in the cryptocurrency market and a reliable investment asset. According to a Bankless Times study, XRP accounts for 15% of the crypto owned in the US. Ripple wallets are necessary to protect your funds as they safeguard your investments far better than any exchange or broker. Also, each crypto wallet comes with a range of features like staking opportunities and tools that make investing easier.

This guide covers everything you need to know about the best Ripple (XRP) wallets in 2022. We’ll show you the best software and cold wallets you can use right now to store XRP and other crypto assets, and also some safest XRP wallets.

Additionally, if you would like to learn more, we created some other Ripple guides such as how to trade XRP, how to invest in Ripple (XRP) or how to buy Ethereum with PayPal.

What Types Of Ripple Wallets Are There?

An XRP wallet is a physical device or software that stores public and private keys. These keys are used to validate that the cryptocurrency within the wallet is in fact yours. All types of XRP wallets have a unique address that is used for sending and receiving Ripple coins. More sophisticated wallets have extra features like bank card integrations and staking. The two main types of XRP wallets; are hot and cold.

Hot Wallets

Hot wallets are always connected to the cryptocurrency network and the internet. They allow users to connect to dApps with their unique address and exchange tokens. Therefore, they are the preferred option for short-term trading strategies due to the efficiency and speed of transactions. Also, hot wallets can host a variety of coins on their platform regardless of the underlying blockchain.

  • Desktop & Laptop

Desktop wallets are applications that you install onto your computer. At the start, desktop wallets will provide you with the seed phrase to write down and guide you through their start-up process. Also, most desktop & laptop wallets have built-in exchanges for convenience.

  • Web

Browser wallets are extensions that can overlay your screen while managing your funds. Web coin storage apps provide a quick connection to dApps, ideal for day trading.

  • Mobile Apps

Mobile wallet is great for managing your funds while on the go. Most desktop, web, and exchange wallets will have a mobile app developed that comes with the same features as the base version. Also, some apps let you pay for products and services with your cryptocurrency for a small fee.

  • Apps

Downloadable apps like Exodus work from the desktop and require no browser extension. They provide the essential features needed for an XRP wallet: built-in exchange, user-friendly interfaces, and staking options.

Exchange Wallet

All cryptocurrency exchanges will provide you with an in-app wallet that holds your Ripple coins. They are great for holding short-term or when staking because of the advanced trading interface and investment opportunities provided. However, exchanges are big targets so withdrawing your investments to another wallet is far better.

A custodial wallet means you are not in charge of your private keys and rely on another entity or service to protect them. However, with a non-custodial wallet, you control the seed phrase and are responsible for protecting it. In addition, if the exchange with the custodial wallet goes bankrupt or gets hacked you may lose your investment and nobody will be around to reimburse your losses. Therefore, it's highly recommended to withdraw to a non-custodial wallet for protection against hacks.

If you send a Ripple coin using the wrong wallet address, those funds will be lost forever. Every transfer you make must be double-checked to ensure it’s being sent to the correct address. This technical side of crypto can be challenging for beginners to understand, that’s why using an exchange wallet may be easier for those starting out.

Cold Wallets

Cold wallets are physical devices that store XRP and all your coins and private keys offline, making them impossible to hack. Typically, these crypto wallets are ideal for larger amounts of money and those looking to hold long-term. However, you must keep your seed phrase stored in a safe location because this is the only way to access the tokens.

  • Paper Wallets

Paper wallets are pieces of paper with your private keys written down. By not having your digital keys stored online, you are better protecting yourself as paper wallets cannot be cyber-attacked. Paper wallets also list the wallet's related private key, which, if exposed, can lead to loss of funds. However, paper wallets may need to be imported into the software at some point.

  • Hardware Wallets

A hardware wallet stores private keys offline behind a pin code. Hardware wallets are considered the best way to hold cryptocurrency. Moreover, most cold wallets have built-in exchanges for easy trading and Bluetooth connectivity for mobile access.

Top Hot & Cold Ripple Wallets

Best Ripple Wallets Overall

When investing in Ripple, you’ll want to use a top-tier wallet to properly protect your Ripple coins. We’ve tested the top available options to save you time and placed them in the table below.

Our top pick is regarded as one of the best wallets due to its built-in exchange and multi-coin support. Trust Wallet is a beginner-friendly option with a Web 3.0 browser with dApp connectivity. However, if you want your coins to get the best protection, then a hardware XRP wallet like the Trezor Model T is the best overall option.

Wallet nameWallet TypePriceBeginner Friendly?Best Feature
Atomic WalletSoftware walletFreeYesUser-friendly interfaces
Trust WalletSoftware walletFreeYesEase of use
Trezor Model THardware wallet$300YesTop tier security
Ledger Nano XHardware wallet$149YesSafely stores private keys offline
ExodusSoftware walletFreeYesBuilt-in exchange

Atomic Wallet

Best for: User-Friendly Interfaces

This is an all-in-one application that allows buying/selling, staking, and transferring. The user interface is elegant and provides all essential information from the dashboard. Also, the crypto wallet comes with a smartphone app, allowing you to control your money from anywhere.


User-friendly interfaces
Built-in exchange
Desktop and mobile apps
Supports multiple cryptocurrencies


No hardware wallet support
Can only trade supported coins
Poor customer support

Trust Wallet

Best for: Beginners

Trust Wallet is an established software wallet that can store multiple crypto assets, including Ripple. The exchange section completes trades instantly at affordable fees. Furthermore, Trust Wallet has a Web 3.0 browser with dApp integrations. Also, the open-source app is available on iOS and Android devices.


Credit/debit card integrations
Multi-coin support
Does not acquire data
Comes with a Web 3.0 browser
Instant trades with exchange


No desktop app
Cashing out process is bad
No learning section

Trezor Model T

Best for: Secure Long-term holding

The cold wallet is ideal for storing large sums of money and participating in long-term strategies since it delivers the best protection. By holding your private keys offline, the Trezor Model T eliminates multiple security vulnerabilities that otherwise could compromise your account. The hardware device comes with many features and a touchscreen for easier navigation.


Excellent security
Compatible with multiple blockchains
Easy to use
Network-isolated authentication


Easy to misplace due to compact design
Small touchscreen

If you’re interested in more XRP wallets, then take a look at the section below that covers the top options in different categories.

Best Ripple Wallets By Type

Best software Ripple wallets

Software wallets are excellent for quickly making XRP transactions, connecting to exchanges, or paying for services. We’ve listed the top options that offer unique features like built-in exchanges and fiat currency payment methods.

Wallet nameWallet TypePriceBeginner Friendly?Best Feature
Trust Walletsoftware walletFreeYesEase of Use
Exodussoftware walletFreeYesBuilt-in exchange
Atomic Walletsoftware walletFreeYesLow fees
Crypto.comsoftware walletFreeYesStaking options
Edge Walletsoftware walletFreeYesPayment methods supported

Best hardware Ripple wallets

Hardware wallets are perfect for those who want to be safer since they offer the best security. The options below were handpicked to be the most affordable and easiest to use.

Wallet nameWallet TypePriceBeginner Friendly?Best Feature
Ledger Nano Xhardware wallet$149YesEase of use
Trezor Model Thardware wallet$300YesSecurity
Ledger Nano Shardware wallet$59YesFast start-up process
Trezor Model Onehardware wallet$99YesSecurity
CoolWallet Prohardware wallet$149YesConvenient to use

Best mobile application Ripple wallets

Mobile XRP wallets are becoming increasingly popular because some platforms let users pay for services and products with cryptocurrency. This feature converts coins to fiat currency instantly for a small fee and lets you pay for goods with cryptocurrency. Also, these XRP wallets let you conveniently manage your investments while on the go. We included some mobile wallet examples in the following table.

Wallet nameWallet TypePriceBeginner Friendly?Best Feature
Coinbase WalletMobile appFreeYesUser-friendly interfaces
Trust WalletMobile appFreeYesEasy to use
Atomic WalletMobile appFreeYesBuilt-in exchange
ExodusMobile appFreeYesCompatible with multiple blockchains
Edge WalletMobile appFreeYesConviennent transactions

Top Free Ripple Wallets

No wallet is truly free as they apply a small transaction fee when using the platform to trade or transfer coins. Nevertheless, the options below are free to install and offer the most features compared to other free XRP wallets.

Wallet nameWallet TypeBest Feature
Trust WalletHot walletHigh levels of security
Atomic WalletHot walletMultiple cryptocurrencies supported
ExodusHot walletComes with a built-in exchange

What To Consider When Choosing A Wallet?

Do Ripple Wallets Support NFTs?

NFTs (Non-Fungible Tokens) are data stored on the blockchain that is unique and can be traced to the hosted wallet. Most wallets, like Trust Wallet and Exodus, have NFT integrations that let you store your coins and digital art. Also, they allow you to transfer and trade NFTs by connecting to marketplaces such as OpenSea.

Is Staking Possible With A Ripple Wallet?

Staking is a process that requires you to commit your cryptocurrency to support the network. It’s a great way to earn passive income if you decide to hold your coins long-term. Unfortunately, Ripple does not function on a proof of stake blockchain, so you cannot stake the coins.

Can I Use The Same Wallet For Multiple Exchanges?

Yes, you can use the same crypto wallet to transfer coins to multiple exchanges, but only if the cryptocurrency is supported. The exchange must have a receiving XRP wallet address for you to deposit Ripple. Furthermore, most decentralized exchanges (DEXs) that accept Ripple will allow you to connect via wallet and make trades without depositing first.

Can I Trade On Decentralized Exchanges Using A Ripple Wallet?

Decentralized exchanges are built on the blockchain and require connecting a wallet to the platform. Therefore, you’ll most likely need a browser wallet since they offer swift connectivity to the DEX.

Can I Buy Ripple Using A Wallet?

Some crypto wallets provide fiat currency payment methods like bank transfers and debit/credit cards for buying Ripple. Unfortunately, instantly buying via the app results in higher fees compared to using a cryptocurrency broker. In most cases, you can use the built-in wallet exchange to trade Ripple at competitive rates.

Here’s a step-by-step guide for buying Ripple with Trust Wallet:

Step 1: Create an account
Step 2: Write down your seed phrase
Step 3: Select the amount
Step 4: Input your card details
Step 5: Ripple will show up in your wallet

How Do You Cash Out And Spend Ripple From A Wallet?

Cashing out your investment can seem challenging at first, but the process becomes a lot easier with the right information. Here’s a detailed guide for converting your cryptocurrency to fiat currency through an XRP wallet.

Step 1: Sign in to your crypto wallet
Step 2: Transfer the coins to an exchange
Step 3: Sell the coins
Step 4: Provide your banking details and withdraw

Top Tips For Ripple Wallet Users

  • Double-check cryptocurrency addresses before transferring coins. Incorrect ones will result in funds getting lost forever.

  • Never write your seed phrase on websites or unauthorized smartphone apps because it’s most likely a scam or phishing site.

  • Create multiple copies of your seed phrase and place them in secure locations. They are the only way to recover cryptocurrency wallets if you’ve lost the login password.

  • A wallet’s or exchange’s customer support will never ask for your seed phrase. If they ask, it’s a scam, and you should immediately close the chatbox.

  • Keep your coins in a desktop, web, or hardware wallet instead of a mobile wallet. This is because its become increasingly popular for thieves to target people with smartphones and instruct them to transfer coins to their private wallets.


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Dominikas Pupkevicius

Dominikas is a content and research writer with over 6 years of experience. He is passionate about blockchain technology and believes cryptocurrency is the future of humanity. Dominikas lives in the countryside with his 3 dogs and enjoys long walks.