7 Best XRP Wallet (Cold Wallets for Ripple) in 2024

Ripple is a privately held company aiming to create and enable a global network of financial institutions and banks. XRP is an open-source digital currency created by Ripple that provides source liquidity to payment providers, market makers, and banks. It offers financial institutions a quick and reliable option for sourcing liquidity on demand.

There are many Ripple wallets in the market, and it’s difficult to choose an online XRP wallet for your crypto storage needs. Following is a curated list of top Ripple wallet apps that are easy to use and super-secure. The list contains free and paid apps with popular features and website links.
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Best XRP Wallet (Ripple Wallet) Reviews to Buy XRP


#1 Best Overall

Uphold

Uphold

✔️ Coins Supported: BTC, ETH, XRP, XLM etc.

✔️ Type of wallet: Custodial wallets

✔️ Price: Free

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#2 Top Pick

Zengo

Zengo

✔️ Coins Supported: BTC, ETH, BCH, LTC, etc.

✔️ Type of wallet: Software wallet

✔️ Price: Free

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Ledger Nano

Ledger Nano

✔️ Coins Supported: BTC, ETH, LTC, DOGE, etc.

✔️ Type of wallet: Hardware wallet

✔️ Price: $175

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Binance

Binance

✔️ Coins Supported: BTC, ETH, DOT, ADA.

✔️ Type of wallet: Software wallet

✔️ Price: Free

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1) Uphold

Secure your assets with the confidence of Uphold Vault’s assisted key replacement and access to instant trading.

Introducing the pioneering “assisted” self-custody solution seamlessly embedded in the Uphold app. Designed to enhance the security of your assets and shield against the risk of losing your private keys. Here’s a breakdown of how it operates: Your Uphold Vault employs a system with three keys. Users have exclusive control over the funds in the Vault by holding two out of the three keys, ensuring total control and ownership. The remaining key, Uphold’s key, acts as a co-signer for user-initiated transactions, providing an additional layer of security. Additionally, the Vault offers a key replacement service for added peace of mind. Currently, the live beta of the Vault supports XRP, and there are plans for further network integrations in 2024.

#1 Top Pick
Uphold
5.0

Coins Supported: BTC, ETH, XRP, XDC, DAG, ADS etc.

Type of wallet: Custodial wallets

Price: Free

Visit Uphold

Features:

  • In case of lost private keys, Vault enables users to initiate key replacement, ensuring a secure recovery pathway for accessing assets.
  • Easily transfer assets to Uphold and trade 24/7 with a single click
  • Users can access and move funds directly on-chain using the Vault Assist Tool with their two keys, even without Uphold app access.

Pros

  • Easy account setup, great for beginners
  • Instant access to the Uphold trading platform
  • Assets remain accessible at all times
  • Secure key replacement service
  • Intuitive mobile app

Cons

  • Complicated fee structures.

Visit Uphold >>

Free Wallet


2) Zengo

Most Secure Non-custodial Wallet

Zengo is the most secure non-custodial wallet in Web3 by removing the private key vulnerability, making it the simplest yet most secure wallet to invest in cryptocurrency. Create an account in less than 60 seconds and be the true owner of your crypto.

There is an extensive library of top-notch content available at Zengo, including educational videos, articles, blog posts, and podcasts on the topic of cryptocurrencies.

#2
Zengo
4.9

Coins Supported: 120+ crypto including ETH, BTC, DOGE, USDC, etc.

Type of wallet: Software wallet

Price: Free

Visit Zengo

Features:

  • Store, buy, swap, send and receive crypto.
  • Sell Bitcoin in Europe, the UK, and the US
  • Over 120 crypto assets are supported including Bitcoin, Ethereum, Dogecoin (DOGE).
  • Enjoy 24/7 live support by real agents
  • Choose from the 3 network fees modes (economy, regular, fast). Applicable for BTC, ETH, ERC20.
  • Cancel or speed up your sent transactions before they are confirmed on the blockchain with 1 tap.

Pros

  • Allows to sell or buy within the bitcoin wallet app
  • Provide 3FA security
  • Easy to use interface

Cons

  • Limited range of cryptocurrencies
  • Not fully non-custodial crypto wallet

Visit Zengo >>

Free Wallet


3) Ledger Nano

Best Cold Wallet

The Ledger Nano offers the hardware that supports a multitude of cryptocurrencies. These hardware wallets have an LED display for payment validation and a PIN to confirm the payment. This handheld device is convenient and secure to use.

Ledger Nano is a hardware wallet supporting 5500+ cryptocurrencies such as Bitcoin, Ethereum & Litecoin. It’s available worldwide and offers mobile apps for Android & iOS. Compact in size (72mm × 18.6mm × 11.75mm) with a lithium-ion 100mAh battery providing 8 hours of battery life, it connects via Bluetooth or USB-C cable for secure cryptocurrency storage.

#3
Ledger Nano
4.8

Coins Supported: BTC, ETH, LTC, DOGE, etc.

Type of wallet: Hardware wallet

Price: $175

Visit Ledger Nano

Features:

  • You can easily access it via USB compatible device.
  • It allows you to install up to 100 applications on your Ledger.
  • This safest ripple wallet offers features like 2-factor authentication, etc.
  • It allows you to secure and control all your crypto in one place.
  • Extensive Customer Support: Knowledge base, live chat, and email assistance.
  • CC EAL5+ Certified: Trusted security certification.
  • Staking Support: Earn rewards.
  • Robust Battery: 100mAh for prolonged usage.
  • Affordable: Priced at just $175.

Pros

  • It supports 5500+ coins and tokens.
  • It offers Bluetooth connectivity
  • There is no need for an OTG kit. It has a USB-C cable.
  • It has 8-hour battery life.

Cons

  • It is expensive
  • Does not offer touch screen support.

Visit Ledger Nano >>


4) Binance

Best Wallet with Multiple features

Binance is one of the best XRM wallets that allows you to create a bitcoin wallet and offers a platform for trading more than 150 cryptocurrencies. It also provides an API that helps you to integrate your current trading application.

Binance, a popular cryptocurrency platform, supports 1000+ coins, including BTC and ETH. It offers a hot wallet, accessible in the USA, UK, Belgium, France, Italy, and over 100 countries, with mobile apps for both Android and iOS. U.S. users also benefit from insurance coverage, with deposits insured up to $250,000 against bank failure by the Federal Deposit Insurance Corp.

Binance

Features:

  • This safest ripple wallets offer a wide range of tools for trading online.
  • It is one of the safest bitcoin wallet that provides 24/7 support.
  • This platform is compatible with Web, iOS, Android, and PC clients.
  • Earn up to 104.62% APY in the “High-Yield Center.”
  • Diverse Blockchain Support: BNB, MATIC, SOL, DOT, ADA, BTC, ETH, LTC, and more.
  • Completely free to use.
  • Binance offers basic and advanced exchange interfaces for trading.
  • It does 1.2 Bn average daily trading volume with more than 1,400,000 transactions per second.

Pros

  • This safest XMR wallet offers a wide range of tools for trading online.
  • It provides 24/7 support.
  • This crypto wallet offers basic and advanced exchange interfaces for trading.
  • More than 100 different cryptocurrencies are available to trade.

Cons

  • Little difficult for beginner crypto enthusiasts.
  • No fiat deposits or withdrawals.

Visit Binance >>


5) Trezor

Best Hardware Wallet

The Trezor hardware wallet helps you to store your bitcoins. You can easily plug it into your computer or smartphone. It helps you to randomly generate a PIN code that keeps the device safe and secure.

Trezor is a hardware wallet supporting 1800+ cryptocurrencies like Bitcoin, Ethereum, Ripple, and HEX. It’s available globally, with an Android mobile app and compatibility with Linux, Android, Windows 10+, and macOS 10.8+. Its compact size (64 mm x 39 mm x 10 mm) and USB-C connectivity make it convenient for secure storage. While Trezor hardware wallets don’t support staking directly, users can link them to third-party validators or use the Exodus wallet for staking.

Trezor

Features:

  • Ultra-secure offline storage
  • It supports more than 1,000 currencies.
  • Easy-to-use touchscreen
  • Extremely simple to use.
  • It allows you to expose your private key.
  • Responsive Customer Support via email, Trezor wiki, and FAQ.
  • CE and RoHS Certified for top-notch security.
  • Supports ERC20 blockchain.
  • Priced at 189 EUR.

Pros

  • It offers a color touchscreen.
  • Trezor T is an Open-source firmware.
  • Easy to set up
  • Provides top-notch security

Cons

  • Quite expensive tool
  • Needs good customer care support

Visit Trezor >>


6) Coinbase

Best Wallet for Beginners

Coinbase is a crypto wallet that can be utilized for purchasing, selling, transferring, as well as storing digital currency. It securely stores a wide range of digital assets in offline storage. This platform supports more than 100 countries.

Coinbase, established in 2012, boasts support for over 500 cryptocurrencies, encompassing major players like BTC and ETH. Catering to over 100 countries across various continents, they offer both Android and iOS apps. Their hot storage wallets are insured for added user protection, and USD cash balances are FDIC insured up to $250,000. Coinbase promotes crypto savings with up to 8% APY staking and extensive blockchain compatibility, including Arbitrum and Polygon.

Coinbase

Features:

  • You can buy and sell any digital currency and keep track of them in one place.
  • It provides an app for both iOS and Android devices.
  • You can schedule your currency trading on a daily, weekly, or monthly bases.
  • It stores your funds in a vault for safety purposes.
  • It is one of the largest cryptocurrency exchanges.
  • Registered with FinCEN as a Money Services Business.
  • Accessible on Web, Mobile, and Desktop platforms.
  • $5 signup bonus exclusive for US citizens.
  • Platform usage is free of charge.

Pros

  • Allows you to buy and sell any digital currency and keep track of them in one place.
  • Helps you to schedule your currency trading on a daily, weekly, or monthly basis.
  • You can store your funds in a vault for safety purposes.
  • Accepts the fiat currencies

Cons

  • Not available all over the world.
  • Less known coins aren’t supported.

Visit Coinbase >>


7) Robinhood Crypto

Best Wallet with a range of Investment Options

Robinhood Crypto is a platform that helps you to buy and sell Ethereum, Dogecoin, and Bitcoin. It allows you to customize your pieces of different companies and funds.

Robinhood Crypto allows users to trade a range of coins including BTC, ETH & DOGE, among others. Utilizing a software wallet, it offers its services in nearly every country, barring a few like Cuba, North Korea, and Syria. The platform is especially noted for its accessibility & user-friendly interface.

Robinhood Crypto

Features:

  • You can access real-time market data.
  • It enables you to see analyst ratings.
  • You can trade your cryptocurrency by securing your personal information.
  • It allows you to complete buying, selling, or trading your assets using the smartphone application.
  • You can also invest in Equity, Derivates and other assets using the app
  • Offers dedicated phone support for users.
  • Mobile app available on Android and iOS.
  • Provides tax certification for transactions.
  • Platform usage is entirely free.

Pros

  • Easy to use
  • No fees to send or receive crypto
  • You can send up to $5000 worth of crypto
  • 24*7 customer support

Cons

  • Zero anonymity options

Visit Robinhood >>


8) Kraken

Best Wallet with High deposit & withdrawal limits

Kraken is one of the best ripple wallets that offers financial stability by maintaining full reserves, relationships, and the highest legal compliance standards.

Kraken, a leading cryptocurrency exchange, supports 120+ coins, including popular ones like BTC, ETH, and DOT. With both hot & cold wallet options, it serves users across continents from Asia to South America. Available on Android and iOS, Kraken offers staking with APYs from 4% to 12%. It’s compatible with multiple blockchains such as ERC-20, TRC-20 & Polkadot.

Kraken

Features:

  • A highly comprehensive security approach
  • Allows you to buy and sell assets in a single click.
  • You can reach out to their support team via live chat.
  • Kracken automatically checks all addresses for errors.
  • 24/7 customer support via live chat, phone, email.
  • Regulated by FinCEN for added trust.
  • Compatible with hardware wallets.
  • Prioritizes high-level security measures.
  • Platform usage is entirely free.

Pros

  • Great security
  • Gives high liquidity exchange
  • Nice customer care service
  • Straightforward user interface

Cons

  • It demands Higher fees when not using Kraken Pro

Visit Kraken >>


9) Coinsmart

Best Wallet for Canadians

Coinsmart is a digital currency exchange that enables you to buy and sell crypto with no hassle. It enables you to access your Bitcoin payment and your cash instantly. This application provides you a quick and easy way to invoice your customer using SmartPay Invoicing.

CoinSmart, launched in 2018, offers 16 cryptocurrencies, including BTC, ETH & DOGE. Serving a broad array of countries, from Canada to Turkey, they provide both cold and hot wallet options. Available on Android and iOS, CoinSmart ensures safety with BitGo-insured cold wallets for up to 200 million. They adhere to stringent regulations set by CSA, IIROC, and OSC.

Coinsmart

Features:

  • Supports a wide range of cryptocurrencies like Bitcoin Cash, XRP, Litecoin, and more.
  • Provides 24/7 Live Support.
  • Trade any currency with just one click.
  • It processes all Fiat withdrawal in few days.
  • Enables you to place customized orders seamlessly.
  • This platform can be accessible from mobile and desktop.
  • Supports ERC-20 and standard BTC wallets.
  • 24/7 omnichannel customer support: SmartRep.
  • Platform usage is entirely free.

Pros

  • Helps you trade any currency with just one click.
  • It processes all fiat withdrawals in a few days.
  • Enables you to place customized orders seamlessly.
  • You can access this platform from your mobile and desktop.
  • Offers credit and debit card funding.

Cons

  • Fiat withdrawals may take 1-5 business days.

Visit CoinSmart >>


10) Electrum

Best Wallet for Bitcoin

Electrum is one of the best XRP wallets available in the market. It is one of the best Ripple wallet that offers excellent privacy features and keeps your Bitcoins secure.

Electrum, primarily a Bitcoin wallet, offers desktop and mobile (Android) software solutions accessible globally. While it primarily supports Bitcoin, it can integrate with blockchains like Bitcoin Cash, Litecoin & Ripple. Users benefit from various customer support channels, including tutorials, FAQs & social platforms like Twitter and Reddit. Additionally, it provides tax certification and is available for free.

Electrum

Features:

  • It is one of the best XRP wallets that offer safe transactions and keeps waiting time low via server usage.
  • This ripple desktop wallet app can be used for online transactions and making payments.
  • You can integrate this free Ripple wallet with existing hardware solutions, including KeepKey, Trezor, and Ledger Nano.
  • It is one of the best cold wallet for xrp that ensures complete verification of all the transactions in your wallet history.
  • Electrum offers great security and prevents theft and fund loss.

Pros

  • This platform is easy to set-up.
  • A widely used platform.
  • Easy to use UI.

Cons

  • Only supports Bitcoin trading

Visit Electrum >>

How do I get an XRP Wallet?

Step 1) Create your Coinmama Account:

  • Open the Coinmama website.
  • If you have an account, just sign in.
  • If you’re a new user, select the “Sign Up” tab. You will need to enter your email, password, first name, last name, and country of residence.

Step 2) Verify Your Account:

  • To purchase XRP, you should be verified.
  • Upload your national ID, passport, and various other documents depends on which level of verification you wish to reach.
  • Once verified, you will be able to buy XRP and have your XRP wallet.

What should you look for in a XRP Wallet?

Here are some important factors that you should consider while selecting the best crypto wallet for XRP:

  • Usage: The biggest factor you should consider when selecting wallets that support XRP is how you intend to use your crypto. So, If you plan to buy and hold your investment for the long term, a hardware wallet is surely the best choice for you.
  • 2-factor authentication: 2-factor authentication, also known as 2FA. This feature allows you to login only when you verify your identity into the crypto wallet. If someone had your password or able to crack your password through any of a number of methods, they would still require passing the second level of authentication.
  • Multi-signature support: Sometimes, a crypto wallet is owned by several people, like business partners. At that time, multi-signature support needs to help you set the security for the wallet, which is needed for multiple keys before access is granted. This also prevents anyone from spending the funds unauthorized or transferring the funds to another wallet.
  • Exchange with crypto wallets: Many cryptocurrency users are using Coinbase as it offers a variety of tokens, allows you to make payments, buying, selling and trading with the help of the GDAX platform.
  • Multi-currency vs. single currency. Many cryptocurrency owners own multiple cryptocurrencies. Therefore, managing a separate wallet for every currency can be a complex process. Therefore, you should select an XRP wallet app that supports multiple types of currency.
  • QR Code Scanner: If you want to access the mobile crypto wallet, then a QR code scanner is a must. This allows mobile crypto wallets to generate and scan a QR code for coin transfers.
  • Backup Option: Your selected crypto wallet should provide an option for backup. So, in the case when your laptop, PC, or phone device stops working, you can back up your data immediately. Therefore, some mobile crypto wallets like Coinbase provide a handy feature to restore your wallet.

How to buy XRP on Coinmama?

The steps below outline how to buy XRP using the Coinmama platform:

Step 1) Create your Coinmama Account:

  • Open the Coinmama website.
  • If you have an account, just sign in.
  • If you are a new user, select the blue “Sign Up” tab. You will need to enter your email, password, first name, last name, and country of residence.

Step 2) Verify Your Account:

  • To purchase XRP, you need to become verified.
  • It’s necessary to upload your national ID, passport, and various other documents depends on which level of verification you wish to reach.

Step 3) Purchase your XRP:

  • Once signed in and verified, open the option “More Coins” and select Ripple from the drop-down list.
  • You’ll be directed to either purchase a set amount or to enter a custom amount not more than $4,900.
  • Enter the wallet address for where you want your XRP to be sent.
  • Select the “Proceed to Checkout” button.

What are some important types of Crypto wallets are there?

Here are some important types of Crypto Wallets:

  • Hot wallets. These wallets use keys (a type of cryptography or a password) created or stored on a device that should have access to the Internet. Hot wallets provide high utility, but they are considered less secure than cold wallets.
  • Cold wallets: These wallets use keys created on a device that should have access to the Internet. They are also known as hardware wallets. Cold wallets are the physical devices in which cryptocurrencies are stored.
  • Hosted wallets: These wallets are live on another server that you don’t have control of. Hosted wallets are used by hackers, as they hold the data of all the funds from the wallets on the server. Hosted wallets offer various levels of protection as third parties insure some hosted wallets.
  • Decentralized wallets. In a decentralized wallet, you are the only person that holds the keys to your crypto wallet. A decentralized wallet never gives you a guarantee of complete privacy. However, it also means you do not rely on a 3rd party to send, receive or store your Cryptocurrency. This helps you to ease some security risks associated with hosted wallets.
  • Hardware Wallets: Hardware wallets are physical items (like a type of USB drive). The Ledger Trezor, Nano X, are popular names in hardware wallets. They are considered a highly secured type of wallets.
  • Software Wallets: This type of online crypto trading platform does not require downloading and can be accessed through an internet browser.

FAQ:

XRP is a digital currency that provides source liquidity to market makers, payment providers, and banks. The XRP ledger is an open-source product developed by Ripple, which is a privately held company that aims to create and enable a worldwide network of financial institutions and banks.

Here are the best Ripple wallets:

  • Uphold – Best for discovering new, exclusive altcoins
  • Zengo – Most Secure Non-custodial Wallet
  • Ledger Nano – Best for those who want to store 5500+ crypto in one location.
  • Binance – Best for crypto traders looking for multiple features in their wallets.
  • Trezor – Best for those looking for a digital security solution that transcends cryptos and easily controls your funds.
  • Coinbase – Best for Beginners who have little to no experience in the crypto market.
  • Crypto.com – Best for active traders and anyone interested in using crypto as an actual currency and not just for investment.
  • Robinhood Crypto – Buy and sell Bitcoin, Ethereum, and Dogecoin

Ripple changed its branding recently, and now it is known as XRP. However, the ticker is the same as $XRP.

The Ripple network does not run with a proof-of-work system like Bitcoin. Instead, transactions depend on a consensus protocol for validating account balances and transactions on the system. The consensus helps to improve the system’s integrity and security by preventing double-spending for the same transaction.

Ripple has no mining or miners whatsoever. Instead, transactions are carried by a “centralized” blockchain that makes the process reliable and faster. Mining is a core principle of almost every Cryptocurrency. Each of them uses their system to determine how much power the miners have.

You can’t mine Ripple, so the only available option is to mine some other Cryptocurrencies like Bitcoin, Litecoin. After that, you need to select exchanges that allow you to convert your Cryptocurrencies like BTC to XRP.

To buy Ripple XRP and add funds to your Ripple Wallet, you will require to sign up and buy Ripple (XRP) from Coinmama, then transfer it to your Wallet. Here, we have given Coinmama as an example.

To receive free Ripple (XRP), you should Sign Up with an account on Idle-Empire, watch videos, answer few paid surveys, and redeem points for Ripple coins.

It is probably good for short periods, but if you want to secure your XRP, you should look for a hardware wallet.

XRP is a digital asset, while Ripple refers to a company that develops the Ripple Consensus Ledger. Ripples sell off XRP coins in escrow to the new trading members. The higher the price of XRP, the more coins you can raise from the sale.

Yes, you can store all your cryptocurrencies in the same wallet. You can follow crypto storage best practices as most cryptocurrency traders do. You can keep both a software and a hardware wallet to store your cryptos.

However, you can also utilize multiple wallets to ensure that your assets are safe and sound. This is how crypto wallets help you store your cryptocurrencies, so you will not lose all of your assets.

BEST Ripple Wallet Apps: Top Picks

#1 Best Overall

Uphold

Uphold

✔️ Coins Supported: BTC, ETH, XRP, XLM etc.

✔️ Type of wallet: Custodial wallets

✔️ Price: Free

Get Wallet

#2 Top Pick

Zengo

Zengo

✔️ Coins Supported: BTC, ETH, BCH, LTC, etc.

✔️ Type of wallet: Software wallet

✔️ Price: Free

Get Wallet


Ledger Nano

Ledger Nano

✔️ Coins Supported: BTC, ETH, LTC, DOGE, etc.

✔️ Type of wallet: Hardware wallet

✔️ Price: $175

Get Wallet

Binance

Binance

✔️ Coins Supported: BTC, ETH, DOT, ADA.

✔️ Type of wallet: Software wallet

✔️ Price: Free

Get Wallet

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