Ripple Wallet Reviews (XRP Cryptocurrency) in 2022

Despite its prominence and interest among investors, the number of crypto wallets that support XRP is limited. While most major wallets will support Bitcoin or Ethereum, Ripple (XRP) is not as widely catered for. Here we list the best Ripple wallets that support XRP. Factors such as security and additional features are taken into account.


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Why invest in a Ripple wallet?

Ripple’s XRP cryptocurrency provides a low-cost liquidity solution aimed at emerging markets. XRP overtook Ethereum back in November 2018 as the largest altcoin by market cap. For a long time, the cryptocurrency has caught the interest of investors with many seeing it as a major contender to disrupt how value is transferred. The centralized competitors of XRP would be companies such as Western Union and TransferWise (now known as Wise). Choosing the best Ripple wallet is not only important for security but also will ease Ripple trading.

In this Ripple wallet review guide, we will explain the pros and cons of different storage options. We will also outline how to buy XRP and important safety considerations.

How to choose the best Ripple wallet?

When buying Ripple coins, traders might store them on an exchange with a built-in wallet, however, it is highly advisable to purchase a separate wallet that supports Ripple tokens. With Ripple wallets, traders can receive, send, store and trade XRP crypto coins safely. In order to choose one of the best Ripple wallets that supports XRP currency, it’s important to determine which type is the safest. Software XRP wallets are generally more used as they’re easily accessible. Meanwhile, hardware and paper XRP wallets are designed to keep Ripple coins safely stored offline. Here we will list down the best Ripple wallets for each type of storage.

1. Ledger Nano S

Hardware Wallet

Hardware wallets represent the highest quality of security when it comes to wallets for everyday users. Hardware wallets store the private key on the device itself and apply a high level of encryption to protect users funds. The three major hardware wallet providers are SatoshiLabs which sells the Trezor device, Ledger which has the Ledger Nano S, and KeepKey. Of these three leading hardware wallets, Ledger Nano S is the only one that supports XRP which makes it one of the best Ripple wallets available for traders.

Users of the Ledger Nano S wallet benefit from the best of both cold and hot storage. Funds are secured offline and can be hooked up to the computer when users need to monitor their balance or send transactions. Ledger provides a Chrome-based application which enables users to manage their account. The device comes in a sealed package which allows users to ensure that the product has not been tampered with before arrival.

There are clear instructions provided for setting up the wallet and users should take careful note of the recovery seed. The recovery seed is a phrase which can be used to recover the funds in case the device gets lost or stolen.

The recovery seed should be safely stored as if it is accessed by another person, they will have the ability to access the wallet on another device. Users can also generate a two-factor authentication for their account to apply an extra layer of security.


The wallet is hierarchical deterministic which enables users to generate multiple pairs of private and public keys. The code for the wallet is open source ensuring the security has been assessed by a wide community of developers.

There are also mobile wallets that enable users to import their Ledger wallet. This will enable users to monitor their account from their mobile and also easily receive transactions from the QR code which can be generated on the mobile wallet. For more info about the Ledger Nano S wallet check out our Ledger Nano S review.

2. Exodus

Desktop Wallet

Exodus is a highly popular desktop wallet. It has support for a wide variety of cryptocurrencies including XRP. The wallet can easily be downloaded from the Exodus website and is compatible with Windows, OSX, and Linux. The private key for the wallet is stored on the user’s device. This wallet is also hierarchical deterministic enabling users to generate multiple public and private keys.

One of the key benefits of using the Exodus wallet is the interface provided. The interface has a professional design that is easy to use for beginners making it one of the best Ripple wallets for novice traders. Users can view their entire portfolio at one glance and view their holdings and respective values in the different cryptocurrencies they own. It is also easy to navigate to sending and receiving cryptocurrencies. Users can generate a QR code or use the wallet address for receiving XRP.

Users can also easily exchange from XRP into other supported cryptocurrencies in the Exodus wallet. Exodus integrates with ShapeShift to facilitate exchanges between different cryptocurrencies. This is useful if users wish to speculate on the price of XRP in relation to other cryptocurrencies.

3. Gatehub

Web Based Wallet

Gatehub is a wallet which supports a number of major cryptocurrencies including XRP. The wallet is a web-based wallet. The private keys for the wallet are stored by Gatehub but are encrypted by the user with their own password. The wallet is open-source enabling it to be assessed by developers to evaluate its security and functionality. Users can also enable two-factor authentication to the wallet to add an extra layer of security.

Gatehub has a number of attractive features as an XRP wallet. It enables users to do all the standard functions provided by wallets such as sending, receiving, and storing. A well-designed interface enables users to view their different asset holdings at one glance along with the value and proportion of each.

The wallet also supports holding fiat currencies. One of the key offerings of Gatehub is users get access to a trading platform which enables them trade in the financial markets. With support for fiat currencies, users of the wallet can trade between fiat currency and XRP. Fiat currencies supported include EUR, USD, and CNY. Users can also speculate on the price of XRP in relation to Gold.

4. Toast

Desktop & Mobile Wallet

Toast is a free to use open-source wallet focused solely on XRP. The wallet is available on both desktop and wallet. It is supported for OSX, Windows, Linux, iOS, and Android. The private key for the wallet is stored on the PouchDB, an open-source database, and heavily encrypted. The PouchDB works for applications which are offline as well as online and will store the private key in the browser.

Overall, toast is a simple yet secure wallet. This combined with it being available on multiple operating systems makes Toast a top consideration for the best Ripple wallets to choose from. The team behind the wallet also operate a Discord channel to help users who need support using the wallet.

5. Guarda

Web, Desktop & Mobile Based Wallet

Guarda is an open-source wallet that is supported on both desktop, mobile, and web browser. Guarda is supported on OSX, Windows, Linux, Android, and iOS. Guarda can also be used in the web browser. Guarda is a multi-currency wallet that supports a wide number of cryptocurrencies including XRP.

The private key for the wallet is stored on the user’s device and encrypted. The private key deletes itself when the user logs out of the wallet. No client information is stored by Guarda. The wallet is hierarchical deterministic which enables the users to generate multiple pairs of public and private keys.

One of the main features of Guarda is the built-in exchange which enables users to swap between different cryptocurrencies in the wallet. This is useful for users who wish to speculate on the price of XRP in relation to other cryptocurrencies. Users can easily exchange between the supported cryptocurrencies. The wallet is also completely anonymous so no details are required from the user to use the wallet or the exchange function.

6. Paper Wallets

On Paper-Based Wallet

Paper wallets are an option for users who mainly wish to store their funds offline in cold storage. Paper wallets provide both a public and a private key on paper that can be printed. Funds sent to paper wallets are kept completely disconnected from the internet.

When users wish to send transactions, they can import the wallet into a service that supports importing paper wallets. can be used to generate a paper wallet for XRP. Wallets need to be funded with at least 20 XRP to become active.

The key issue with paper wallets is that both the public key and the private key are kept in the same place. If this is revealed to somebody apart from the wallet owner, they would be able to access the funds. For that reason, users need to be sure to safely store the paper or consider storing half of the paper in two separate locations.

To send transactions and utilize the XRP paper wallet as a hot wallet, it will need to be imported into a wallet service that supports this function. Toast is one of the wallets which enables users to do this.

How to Buy Ripple Step by Step

Although this is a Ripple wallet review guide, we thought of including an overview of how to buy this coin. The exact instructions will vary depending on the wallet you use.

  1. Connect the wallet to the Internet.
  2. Select the buy or trade option.
  3. Pick the supported currency you will use to buy XRP.
  4. Choose Ripple as the resulting coin.
  5. Select the amount of Ripple to buy.
  6. Complete the on-screen instruction to process your transaction.

As you’ve read earlier in this Ripple wallet review, some storage options let you buy XRP using fiat currencies. Others may provide this option through a third-party provider.

Final Words on the Best Ripple Wallets

Indubitably, there are some great contenders that qualify for the best Ripple wallets, all of which with fantastic features in their own right. Ultimately, it is up to the user’s discretion to pick the best one that not only suits their needs but provides maximum security to ensure assets are stored in the safest manner possible.

Are Ripple wallets secure?

All XRP wallets listed on this page are safe, but the Ledger Nano X is, by far, the most secure.

How do Ripple wallets work?

Ripple wallets work just like any other cryptocurrency wallet. To see detailed instructions of a particular wallet just click on the review button.

Have Ripple wallets been hacked in the past?

Probably. Most wallet hacks are the result of poor password management and using hot wallets instead of cold storage devices.