I think just like me you also would be surprised:
As to how Ripple cryptocurrency has got so much traction…
But let me be honest:
I too don’t know the reason but I think it is because of its cheap cost and huge supply.
But whatever one may say this banking crypto has maintained its #2 position on CMC for almost a year now and I know it’s very ironic that banking crypto has done so.
Ironic because cryptocurrencies like Bitcoin or Litecoin came as an alternative to traditional banking.
But let me stop here and save that discussion for sometime else.
Coming back to the original topic of today where I am going to share a comprehensive list of best wallets for storing Ripple (XRP) coin.
|Type of Wallet||Wallets Name|
|Ledger Nano X [Recommended]|
|Ledger Nano S|
Android & iOS Wallet Apps
Top Ripple (XRP) Wallets of 2020
So let’s get in and see these wallets to store your Ripple (XRP) Coins safely one by one:
#1. Ledger Nano X [Recommended Ripple Wallet]
Want a hardware wallet to store your Ripple coins for the long term and the flexibility to access them on mobile?
Try Ledger Nano X by Ledger SAS- a France based company expert in making security solutions for digital assets like Ripple.
It is a multi-currency HD wallet that supports more than 1000 cryptocurrencies and tokens including Ripple coin. So if you are a holder of XRP coin this is the best XRP coin wallet you can get right now.
Ledger Nano X is Bluetooth enabled with a battery that’s why it is easily usable with iOS and Android devices without any OTG or USB.
Plus you get the Ledger Live app to control and manage your funds on the desktop but you need not worry as your private keys are always on the device.
Lastly, the device looks very stylish with an improved design and UI as compared with Ledger Nano S, which is the precursor of the Nano X device.
#2. Ledger Nano S (Hardware Wallet)
Developed by a France based start-up, Ledger Nano S is one of the world’s most popular hardware wallet to safely store your cryptocurrencies.
It is a small flash drive like device that comes with an OLED screen which helps in transaction authorization on the device and it is an HD wallet.
When you setup Ledger Nano for the first time you will get your 12 to 24-words long seed which is very important to keep your funds safely.
If you lose these seed words now one can help you retrieve any of your funds from the Ledger Nano S. So if you have a significant amount of Ripple cryptocurrency, you should no think twice in getting yourself a Ledger Nano S device.
Ledger Nano S is now available in 6 colors and it will cost you around $100 to safeguard your hundreds of cryptocurrencies on it.
#3. CoolWallet S (Hardware Wallet)
CoolWallet S is also a multi-currency hardware wallet designed specifically for a modern world.
It is a small credit/debit card like device with a small digital screen on it. You can use this wallet in conjunction with your iOS or Android mobile wallets and still be assured of the security of your funds.
You can also use this wallet with Bluetooth/WiFi/NFC and can store Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, and ERC20 Tokens on it.
And like the Ledger Nano S wallet, when you set up your CoolWallet S you will get your 12, 18, 24- words long seed that you need to safeguard always to be in control of your funds.
#4. Toast Wallet (Mobile & Desktop Wallet)
Toast wallet is another reliable name that you need to take while talking about XRP wallets.
Toast wallet provides both mobile and desktop wallets for various types of users to store their Ripple cryptocurrency.
Also, it a free to use open-source XRP Wallet for iOS, Android, Windows, Mac, and Linux. And the developers believe that they have created a cross-platform XRP wallet that’s simple enough for your grandma but safe enough for a Swiss banker.
Moreover, control your funds here and no secret or private key ever leave out of your device because everything is designed in a non-custodial way.
Lastly, it is a Ripple-only wallet that shows the developers are razor-focused on developing their product for one cryptocurrency i.e XRP.
#5. Edge Wallet (Mobile Wallet)
Looking for something even simpler than Toast wallet?
Well, we have got your back here.
Edge wallet is a popular multi-currency wallet that has been here since 2014 and is developed by experienced developers of the Aitbitz wallet.
Airbitz is another reliable Bitcoin wallet but its successor is Edge wallet with an improved UI and security.
With Edge, you need not even save your seed as you can just get started by setting up a strong username and password which always remains encrypted on your device.
Edge crypto wallet currently supports BTC, BCH, LTC, QTUM, DASH, XRP, etc.
Another recommendation from our end while using the Edge wallet is to use their Biometric TouchID and FaceID login for an enhanced level of security.
Edge wallet is available for both iOS and Android devices.
#6. Ethos Wallet (Mobile Wallet)
Ethos wallet is one of my favorite mobile wallets and if you have multiple currencies then this one of the best wallets to use.
It is also well known as the world’s most advanced universal wallet to store 100+ cryptocurrencies & ERC20 tokens including Ripple.
Moreover, with Ethos SmartKey, you get the best security of a non-custodial wallet and its UI is just too good to understand by yourself.
SmartKeys are a bit different from the private keys but gives you full control of your wallet and is much like the seed.
And it gets better:
With Ethos wallet, you can use the WatchFolio feature that helps you keep a watch on many other cryptocurrencies that you have saved elsewhere.
Lastly, the good thing:
Ethos wallet is available for both iOS and Android devices.
#7. Abra Wallet (Mobile Wallet)
Another free to use Mobile wallet for XRP is Abra wallet.
Abra wallet is a multi-currency HD wallet where you can store and manage more than 10 cryptocurrencies including Ripple.
Being a non-custodial wallet you get access to your unique recovery phrase/seed and thus you always control your funds.
Abra wallet is available as of now for both iOS and Android devices.
#8. Exarpy (Web Wallet)
Exarpy wallet is for those who want another reliable web wallet for XRP.
It is a non-custodial, fast, and secure way to handle your XRP funds but remember that this is a warm-wallet so you should not hold a significant amount of Ripple in it.
Another important thing before choosing this wallet:
Exarpy is not a free wallet and it charges a flat service fee of 0.025 XRP per transaction (for transferring and importing). This fee includes the Ripple network transaction cost.
Lastly, you can make as many XRP wallets you want because there is no fee for making those wallets. (20 XRP deposit is a must though). Also, this is a pure web version, so you can access your wallet from any browser or any device very easily.
#9. Cryptonator (Mobile & Web Wallet)
I know some of you might not like the headache of holding your private keys or seed.
So for such users, there is Cryptonator wallet
Cryptonator is free to use hot-wallet or I should rather say non-custodial wallet where you don’t control your keys or seed.
However, it doesn’t mean that you should just ignore this wallet because there are other 2-FA authentications in place to give you security.
With Cryptonator you can hold more than 10 cryptocurrencies including Ripple and you can exchange Ripple for other cryptocurrencies in the app itself.
Cryptonator has an Android app as well as a web version of its platform available for you.
#10. Wirex (Mobile & Web Wallet)
Wirex is another custodial wallet solution to hold your XRP coins.
Using Wirex mobile and web apps one can securely store, receive, and send four cryptocurrencies (Bitcoin, Litecoin, Ethereum, XRP).
But here you don’t control your seed or private keys but you 3-D Secure protection for all online transactions from unauthenticated payments.
It is also one of the very few UK based crypto-fiance companies regulated by the financial authority of Europe and it gives your crypto-cash-backs also when you spend from their app.
You also get their iOS and Android mobile apps for using the Wirex platform which is currently available in 5 languages-English, Spanish, French, Japanese and Russian.
With Wirex you get these wallets:
- Bitcoin Wallet
- Ethereum Wallet
- XRP (Ripple) Wallet
- Litecoin Wallet
- GBP Wallet
- USD Wallet
- EUR Wallet
#11. Ripple Paper Wallet
Expert in paper wallets?
Well, then you can use Ripple paper wallets but paper wallets need a lot more caution from the users’ end because it is just a piece of paper with private keys on it.
Anyone with this paper wallet can take away your funds instantly but if you keep paper wallets safely, it is a good & cheap way to store your ripple coins.
But hardware wallets are superior to paper wallets. Of course, hardware wallets come with a cost but they are worth having to enhance your security as they are reliable cold storage for your cryptos.
So if you are looking for a reliable option then you should not look further than Ledger Nano S but if you still want paper wallets here is the link:
Over to You
Ripple has a much-matured infrastructure than other cryptocurrencies and for some unknown reason, it has garnered interest from investors.
And because of that there are many free and paid Ripple wallets where you can store your Ripple coins.
Last but not least I have made this list of Ripple wallets after extensive research of suggested Ripple wallets on Reddit. So feel free to use and download these Ripple wallets anytime.
Do share this post and leave us with comments below, if you liked this post or want us to add any more XRP wallet in this list or if you have any suggestions for us at The Money Mongers.
- Top Ripple (XRP) Wallets of 2020
- #1. Ledger Nano X [Recommended Ripple Wallet]
- #2. Ledger Nano S (Hardware Wallet)
- #3. CoolWallet S (Hardware Wallet)
- #4. Toast Wallet (Mobile & Desktop Wallet)
- #5. Edge Wallet (Mobile Wallet)
- #6. Ethos Wallet (Mobile Wallet)
- #7. Abra Wallet (Mobile Wallet)
- #8. Exarpy (Web Wallet)
- #9. Cryptonator (Mobile & Web Wallet)
- #10. Wirex (Mobile & Web Wallet)
- #11. Ripple Paper Wallet
- Over to You