HomeBuy RippleBest Ripple Wallets in the UK In 2023

Best Ripple Wallets in the UK 2023

Last updated 16th Jan 2023

Ripple (XRP) is a global payments network that can process transactions on a global scale. The XRP token is used to finance transfers on the blockchain in a cheap and fast way. With crypto adoption rates skyrocketing in the UK, many people are now searching for ways to store XRP or other tokens.

There are various crypto wallet options to choose from when it comes to storing XRP in the UK and each of them offers different features depending on your goals, for example, some of them are a good option when storing a big amount of tokens and other cryptocurrency wallets are a good option when the goal is to sell cryptocurrency quickly. The best wallet for a user will be determined by various factors, including their trading experience and anticipated investment size.

Most crypto platforms in the UK (brokers and exchanges) will provide you with an XRP wallet for free upon registration after you buy Ripple in the UK. However, you can also store XRP in a wallet that no company has access to in what is known as a private XRP wallet.

So, how to choose the best XRP wallet in the UK? What is the best XRP wallet in the UK? This guide will explain multiple routes XRP holders can take to store XRP. Keep reading to find out more.

What Types of Ripple Wallets Are There in the UK?

Choosing the best XRP wallet is not as easy as it sounds. There are two main types of XRP wallets to choose from in the UK: The ones provided by the platforms and private wallets.

Ripple XRP wallets are available on many different platforms in the UK and vary in terms of security and ease of use. Crypto wallets provided by platforms tend to be more user-friendly as the company deals with the technical side of crypto, leaving a simplified interface for the user.

Private XRP wallets, on the other hand, are more technical but come with additional features such as the ability to send and receive non-fungible tokens (NFTs) and staking which is earning interest on top of your crypto holdings.

When you set up a private XRP wallet in the UK, you are presented with two strings of letters and numbers.

  1. One string is known as the public wallet address which is a cryptographic key that can be used to receive digital assets.

  2. The other is known as the private key and serves as the access code to the XRP wallet. This should be kept safe and away from unwanted eyes.

XRP wallets that give users access to the private keys are known as non-custodial wallets as only the user can access the assets.

When a company such as an exchange holds the private keys, then the XRP wallet is considered to be custodial as the company has full control over the assets.

In the event that the exchange is hacked, then user assets may be stolen and if the company goes bankrupt then assets held on the exchange may get seized in the process.

This would not be the case for non-custodial wallets as no one apart from you has access to the funds.

Ripple (XRP) wallets in the UK are divided into two distinct groups:

  • Hot wallets

  • Cold wallets

Hot Wallets - Best XRP Wallets For Beginners in the UK

A hot wallet is a cryptocurrency wallet that is always connected to the internet. Some examples include:

  • Desktop & laptop software wallet applications

  • Web browser extensions

  • Smartphone applications

  • Crypto Wallets provided by exchanges/brokerage platforms

Cold Wallets - Best XRP Wallets For More Experienced Users in the UK

A cold wallet on the other hand is not connected to the internet and so is considered to be a safer option. Examples include:

  • Paper wallets: A paper wallet can store public and private keys on a printed piece of paper.

  • Hardware wallets: A hardware wallet is a physical device that helps users safeguard their private keys offline to prevent malicious actors from accessing them. In general, a more experienced user may choose a hardware wallet due to security reasons. Also, if you are looking for a long-term investment, choosing a hardware wallet is one of the best options for you.

Cold wallets are typically used for larger amounts of money and long-term holdings.

Note: Never enter your private keys/seed phrase on any website as it may be a scam or a phishing attempt to steal your assets. Hardware wallets are designed to remain private to the owner only.

Other Cryptocurrency Wallets in the UK

Apart from Ripple (XRP) wallets, there are other crypto wallet options in the UK:

Top Hot & Cold Ripple Wallets in the UK

Best Ripple Wallets UK

There are a few things to consider when looking for the best Ripple wallet. The table below contains a list of the best XRP wallets available in the market for users of all experience levels in the UK, starting with the one that is preferred by beginners.

Wallet NameWallet TypePriceBeginner Friendly?Best Feature
eToroPlatform (Hot wallet)FreeYesIntuitive user interface.
Trust WalletBrowser extension/mobile app (Hot wallet)FreeYesA wide range of assets supported
LedgerHardware wallet (Cold wallet)$59 - $119+YesPrivate keys secured on the device

Here’s a more in-depth look at each of these hot and hardware wallets:


Best Crypto Wallet for Beginners

eToro is a multi-asset trading platform that offers markets for several cryptocurrencies including Ripple, it is in general, one of the best wallet options when looking for an XRP wallet or as a general online wallet for storing cryptocurrency. The platform provides a secure free XRP wallet for all the cryptos on its platform with security features that include 2-factor authentication, data encryption, and industry regulations that protect investors.


Quick account registration
Avoid the technical side of crypto
Easy to use
Great for beginners


Customer service can be slow sometimes
Withdrawal fees may apply
Inactivity fees after 12 months

Trust Wallet

Best Crypto Wallet for More Experienced Users

Trust Wallet is a non-custodial wallet that supports a wide range of crypto assets including Ripple. Many users opt for the Trust Wallet to store Ripple as it also has additional NFT support.


Can hold numerous cryptos including XRP
Can be used to store NFTs
Can connect with Decentralized Finance platforms (DeFi)


Users are responsible for the safety of their own assets
Not as safe as hardware wallets


Best Crypto Wallet for Advanced Users

Ledger wallets are hardware wallets that are used to store private keys offline. They offer an added level of security over software XRP wallets since transactions require physical authorization on the device. This includes the Ledger Nano wallet option.


Provides a higher level of security than software wallets
Ledger Live app comes with crypto management tools
Thousands of coins supported


Not free
Not as beginner-friendly as other wallets
Set-up process takes a long time

If you’re looking for a more extensive list of Ripple wallet options then have a look at the section below for rankings by each type.

Best Ripple Wallets in the UK Reviewed By Type

Best Ripple Software Wallets in the UK

Below we have listed the best Ripple wallet options within software wallets, beginning with the most beginner-friendly one to help you make a more informed decision. But remember, always make sure to take the necessary precautions and only download official or highly recommended software wallets.

Wallet NameWallet TypePriceBeginner Friendly?Best Feature
ExodusSoftware walletFreeYesIntuitive user interface
Atomic WalletSoftware walletFreeYesPortfolio Management Tools
CoinomiSoftware walletFreeYesThousands of coins supported

Best Ripple Hardware Wallets in the UK

In this section, we have listed the top hardware wallets on the market that support Ripple. A hardware wallet will vary in price depending on the security features offered. These are generally considered the more secure crypto wallet options.

Wallet NameWallet TypePriceBeginner Friendly?Best Feature
LedgerHardware wallet$59 - $119+YesPrivate key encryption
TrezorHardware wallet$85+YesA large variety of assets supported
SafePalHardware wallet$49.99NoCheaper than competition

Best Mobile Application Ripple Wallets in the UK

Here we have listed the top mobile app Ripple wallets to help you manage your assets on the go. But, always remember to compare the different XRP wallet app options to choose the best one depending on what your needs are.

Wallet NameWallet TypePriceBeginner Friendly?Best Feature
eToro walletMobile Wallet / AppFreeYesVariety of coins
Trust WalletMobile Wallet / AppFreeYesEasy setup
Coinbase WalletMobile Wallet / AppFreeYesBeginner-friendly
ExodusMobile appFreeYesA variety of coins supported

Best Free Ripple Wallets in the UK

Have a look below for the top free Ripple wallets on the market. Both cold and hot wallets are available.

Wallet NameWallet TypeBest Feature
eToroHot walletMany coins supported
Trust WalletHot walletSimple user-interface
Paper walletCold walletSecurity

What to Consider When Choosing A Wallet in the UK?

Do Ripple Wallets Support NFTs?

Non-fungible tokens (NFTs) are digital assets stored on the blockchain. They most commonly exist in the form of digital art, however, they can also come as music, certificates, virtual land, and more. Ripple believes in the potential of this new technology and has recently added features to support these tokens. To send and receive NFTs on Ripple, you will need a wallet that gives you access to the private keys such as Trust Wallet and Atomic Wallet. Atomic wallet is the only exchange/brokerage platform wallets that do not support NFTs.

Is Staking Possible With An XRP Wallet?

Staking is the process of “locking up” your tokens for a period of time and earning interest on your holdings — similar to how a bank pays interest on your savings account. This is a popular feature utilized by those who are planning to hold their crypto tokens for the long term. You can earn interest on XRP using platforms such as Nexo and Celsius Network.

Can I Use The Same XRP Wallet For Multiple Exchanges in the UK?

The same cryptocurrency wallet can be used to send assets to numerous exchanges and wallets. There are also no limitations on how many XRP wallets each user can have. The blockchain is decentralized and so there is no single entity that has the power to control other users.

When making transfers, remember to double-check the XRP wallet address being used as transactions cannot be reversed and there is no way to recover assets sent to the wrong address.

Some blockchain addresses have distinct formats that can help you remember, for example:

A typical Ripple address looks like this:


Ripple addresses always begin with the letter ‘r’

And a typical Ethereum address looks like this:


Note: ALL Ethereum wallet addresses begin with 0x — it’s good to make a mental note of that.

Can I Trade On Decentralized Exchanges Using An Ripple Wallet in the UK?

Decentralized exchanges, also known as DEXs, are peer-to-peer platforms that enable users to trade directly with other users. A Ripple wallet is all that is needed to sign into the exchange — unlike other platforms which require your personal details. Popular XRP wallets that can be used for this purpose include Ledger, XUMM, and D’Cent.

Can I Buy Ripple Using A XRP Wallet in the UK?

Many XRP wallets now offer users the ability to buy XRP and other crypto assets directly from the XRP wallet itself using third-party providers. Trust Wallet is one of the most popular XRP wallets used to do this. In fact, you can also buy Dogecoin in the UK using trust wallet, along with all other cryptocurrencies suhc as Bitcoin, Ethereum, Cardano and many more.

Simply open the app, search ‘XRP’ and click on buy XRP. Follow the on-screen instructions to enter your payment details and click confirm.

Once the transaction is complete, the XRP will appear in your shortly after.

Using this service may incur higher fees than using a cryptocurrency exchange or brokerage platform.

Do I Have to Pay Tax on Ripple Stored in My XRP Wallet in the UK?

You may be liable for taxes when dealing with cryptocurrencies in the UK, as per the guidelines provided by HMRC. Remember to check the website regularly for the latest updates on crypto regulation and taxes.

Crypto companies may be required to provide information on their customers to the relevant authorities if requested.

How to Set Up a Ripple Wallet in the UK

Follow these simple steps to set up a Ripple wallet:

Step 1: Sign up for an account
Step 2: Verify your account
Step 3: You can use your Ripple wallet now

How Do You Cash Out And Spend Ripple From An XRP Wallet?

To cash out your Ripple holdings from an XRP wallet, you can follow these steps below:

Step 1: Click the ‘Send’ button
Step 2: Provide the recipient's wallet address
Step 3: Select XRP
Step 4: Copy the address provided
Step 5: Paste the address
Step 6: Click confirm
Step 7: You can now sell your XRP
Step 8: Wthdraw the money

Top Tips For XRP Wallet Users

  • Be wary of websites or people on the internet that ask for your seed phrase / private key as they are most likely scams/phishing attempts.

  • Remember to double and triple-check XRP wallet addresses before making a transfer as there is no way to reverse transactions on the blockchain. Remember, the blockchain is decentralized so there is no customer service that can help to retrieve your assets.

  • Make a copy of your seed phrase / private key and keep it safe in case you forget your password. One of the best ways to keep it safe is to print it out on a piece of paper and store this in a safe place.

  • Before downloading crypto software, ensure that it comes from a reputable source and scan it with antivirus software before opening the app on your device.


What is the best XRP wallet provider in the UK?
Is buying Ripple legal in the UK?
Is it safe to provide your Ripple wallet address for crypto giveaways?
Do I need a wallet for XRP faucets?
Do you need a wallet for Ripple betting in the UK?
What are the best wallets for ICOs?
What are the best multi-currency wallets in the UK?
What is the best personal XRP wallet in the UK?
Which type of XRP wallet is the most popular in the UK?
What is the difference between a Ripple wallet and an exchange wallet?

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Khashayar Abbasi

Khashayar Abbasi