The best Ripple wallets in comparison | Guide and review

For Ripple, there are many different wallets on the market, all of which offer different security levels and more or less extensive functions. To give you an overview, this article will present you the best Ripple wallets 2019. There is a basic distinction for all wallets:

  • Cold wallet or
  • Hot wallet.

The decisive difference is a connection to the World Wide Web, the Internet. Cold wallets are never connected to the Internet, whereas Hot wallets are constantly connected. Hot wallets are therefore a popular, potential target for hackers and phishing attacks, as they can be accessed via the Internet connection. Large investment firms and crypto exchanges therefore store a large part of their clients’ assets in cold wallets. These offer the best possible security against thieves and hacker attacks.

However, cold wallets are not only recommended for large investors, but also for small investors with a small budget. So-called hardware wallets cost no more than 60 Euros and offer the best protection available on the crypto market. In the case of hardware wallets, the private key never comes into contact with the Internet and is stored exclusively on the Ripple hardware wallet.

What is a private key and what is a public key?
A so called private key is a randomly generated string whose use makes it possible to manage XRP. This means that you have access to your ripple (XRP) by using your private key. That’s why you should never give away your private key! 

The private key is mathematically linked to the wallet address, which is a hash version of the public key. The public key is not secret and can be viewed by any person.

Ripple Hot wallets can be divided into different categories:

  1. Ripple (XRP) Desktop wallets
  2. Ripple (XRP) Mobile wallets
  3. Ripple (XRP) Online wallets

If you want to buy Ripple/XRP, you can also have a look at our guide, how to buy Ripple. But before you buy XRP you should make an important decision: Would you like to keep your XRP in a hardware or desktop wallet and have full control over your assets? Or would you rather hand over the responsibility to a exchange that could become a potential target for hackers and phishing attacks?

We recommend that you keep your XRP on an external wallet away from a exchange. If you trade a lot, you can temporarily store your XRP on a exchange. If not, it is always safer to send the XRP to an external wallet. Cryptocurrency exchanges have the big disadvantage that they have ownership of your private key access and thus control over your asset.

Ripple (XRP) Hardware wallets

best hardware wallets 2019

Compared to other wallets, Ripple Hardware Wallets offer the best possible protection currently available on the market. Your private key never comes into contact with the Internet and is therefore safe from potential hacker attacks. The release of each transaction must take place via a physical push of a button on the hardware wallet. Hardware Wallets are thus very effectively protected against phishing attacks, as no transaction can be sent without manual confirmation. Stealing XRP from your hardware wallet is almost impossible.

Even if the device were stolen, your XRP would be safe. Each hardware wallet is secured by a PIN and an additional 2-factor authentication. If thieves steal your hardware wallet, they still can’t access your assets.

If you want to manage larger amounts in XRP, an XRP Hardware Wallet is highly recommended from our point of view. Your assets will then be protected in the best possible way – with a whole range of different security functions. The price of our test winner Ledger Nano X is just 120€ and worth every cent of its price.

The following table shows the advantages and disadvantages of Ripple hardware wallets:

The advantages of Ripple hardware wallets:
✅ Best possible security
✅ Private Key does not come into contact with the Internet
✅ In addition to XRP, numerous other cryptocurrencies are also supported.
✅ Regular security updates by the manufacturers
✅ Each transaction must be physically confirmed via the device
✅ Very good customer support with the renowned manufacturers

The disadvantages of hardware wallets are:
❌ No deposit insurance as offered by few brokers, e.g. eToro
❌ Storage of the coins is your own responsibility. However, this can also be an advantage!

We have tested more than 8 different hardware wallets, of which we present the five best Ripple Hardware Wallets. You can find a complete overview of all models tested by us in our large hardware wallet comparison.

The best 3 Hardware Wallets in 2019
Hardware WalletInfoTest
Ledger Nano X kaufen

⚡ OUR test champion: The Ledger Nano X
✅ Manage 100 cryptocurrencies simultaneously
✅ Compatible with more than 1,100 cryptocurrencies
✅ Bluetooth connection for mobile wallet
✅ New flagship of the market leader
⛔ Price: 119,90 € - in the middle range

Testbericht lesen

Read our review

Ledger Nano S kaufen

⚡ Best price/performance ratio: The Ledger Nano S
✅ Very good Price: 59,90 €
✅ Compatible with more than 1,100 cryptocurrencies
✅ Proven quality: more than 1.3 million units already sold
⛔ Manage max. 5 cryptocurrencies simultaneously

Testbericht Ledger Nano S

Read our review

Trezor Model T kaufen

⚡ 3rd place: The Trezor Model T
✅ Over 1,000 cryptocurrencies supported
✅ Proven quality from Trezor
✅ Firmware is not installed on the device until you start it
⛔ In comparison to the Nano X: less features and functions 
⛔ High price: about 180 €

Testbericht Trezor Model T

Read our review

1.Ledger Nano X

The Ledger Nano X Ripple hardware wallet is our test winner in a comparison of 8 products. It is the successor model of the Ledger Nano S that has been sold over 1.3 million times worldwide. The Nano X connects to your smartphone via Bluetooth, so you can easily manage your cryptocurrencies on the go. So you can use the Ledger Nano X like a mobile wallet, with the big advantage that it offers the security of a hardware wallet.

In addition, the new model has significantly more storage space so that up to 100 apps can be installed on the device at the same time. This means that you can control up to 100 cryptocurrencies like XRP, Bitcoin or Ethereum via your hardware wallet. In addition, the display of Ledger X is larger than the preceding model, so Bitcoin addresses can be fully displayed and scrolling is no longer necessary. Currently there is almost no hardware wallet that can compete with the Ledger Nano X in terms of security and value for money.

Supported cryptocurrencies
On the Legder Nano X you can manage more than 1,100 different cryptocurrencies. There is almost no cryptocurrency from the top 100 by market capitalization that is not compatible with the Nano X. Due to the larger memory, up to 100 apps can be installed on the device at the same time and up to 100 cryptocurrencies can be managed simultaneously.
Operation
The operation of the Ledger Nano X is very simple and intuitive. The device is operated via the 2 buttons on the top. Additionally the Ledger Live App is required. With the app you can check your account balance in real time and the performance of your portfolio. You can also use Ledger Live to send and receive cryptocurrencies. The transaction is released exclusively via the hardware wallet.
Transparency & Fees
Ledger Live is open source software, so they are publicly available. However, the code for the hardware is secret. Ledger says it chose this architecture because it is not possible to “reach the level of physical security with generic chips”.

All transaction fees are well broken down and transparent. Ledger does not charge for sending transactions. The fees thus correspond to the network fees of the respective cryptocurrency. In the case of XRP, these are small cents.

Security
Ledger’s security standards are industry-leading. Ledger has become a brand not only appreciated by private investors, but also used and supported by numerous companies. The company has established partnerships with Neufund, blockchain.com and Switcheo. Samsung also announced a 2.6 million investment in the French company in April 2019.

Also the Bluetooth function is no security gap or danger. Only non-critical data (not the private key and not the recovery seed) is transferred via Bluetooth. In addition, a transaction with the Ledger Nano X has always to be confirmed with the device.

2.Ledger Nano S

The Ledger Nano S is the predecessor of the Ledger Nano X and offers an equal safety standard. The big advantage of the Nano S is the unbeatable price of just 59€. Especially for newcomers who don’t want to spend much money on a hardware wallet, the Nano S is a good option.

The price-value ratio of this hardware wallet can be classified as very good. If you don’t need the Bluetooth function, the Ledger Nano S is the right choice for you. We have been using the Ledger Nano S for several years now and are very satisfied with its ease of use and strong safety.

Supported cryptocurrencies
As with the Legder Nano X, over 1,100 different cryptocurrencies can be managed via the Ledger Nano S using the Ledger Live Software. Due to the smaller memory, only 5 apps can be installed on the device at the same time. This means that you can only manage 5 cryptocurrencies at a time. If you want to manage a larger number of cryptocurrencies, you will need to install/uninstall the corresponding apps. However, this process is very simple and reliable and poses no challenge even for newcomers.
Operation
The operation of the Ledger Nano S is very simple and works intuitively. Operation is via the 2 upper buttons on the device. Additionally the Ledger Live App is required. Both models use the same Ledger Live software. You can check your account balance in real time and the performance of your portfolio, as well as send and receive cryptocurrencies.
Transparency & Fees
The Ledger Live Software is open source software whose source code is publicly available. However, the operating system of the ledger devices is (still) a secret, which according to Ledger will be revealed in the future.

Before each transaction, you can view and control the fees that apply to sending XRP. Ledger does not charge for sending XRP to other wallets.

Security
Ledger is the industry leader and the only hardware wallet manufacturer verified by a French security company. Even larger companies rely on this technology.

3.Trezor Model T

SatoshiLabs has launched a competitor model to the Ledger Nano X, the Trezor Model T. This costs a little more, but has a touch display and some other new functions. The firmware was completely revised and numerous security updates were delivered.Together with Ledger, Trezor is one of the largest hardware wallet manufacturers worldwide.

The Trezor Model T is also the successor to the Trezor One, one of the best-selling Ripple Hardware Wallets in the world. The Model T has a faster processor and a MicroSD slot that can be used for data encryption. It also has a USB-C port so that the wallet can be connected to your PC.

The Trezor Model T is definitely one of the more expensive hardware models on the market. However you will get a very good quality and security standard.

Supported cryptocurrencies
The Trezor Model T can manage more than 1,000 different cryptocurrencies. It is a pity that not all coins can be sent and received directly with the Trezor Bridge software (currently only 51 cryptocurrencies, including Ethereum). The remainder must be managed via the software of third party providers, e.g. MyEtherWallet. You can find a complete list of all coins under this link
Operation
The Trezor Model T is much higher quality than its predecessor. The buttons have a better grip and the color touch display works perfectly. In addition, the new Trezor Bridge software offers many great features.
Transparency & Fees
The Trezor software and hardware is largely open source and publicly available on GitHub and therefore adaptable. The code was written by Trezor with extensibility in mind.

Before each transaction, you can determine how high the transaction fee should be, depending on how fast the transaction is to be processed in the network. There are no extra fees for this, only the network fees of the respective blockchain.

Security
Ledger and Trezor are the best known and most popular manufacturers of hardware wallets worldwide. There is a good reason for this. With the Trezor One, Trezor has the longest experience in the development of hardware wallets.

4.Trezor One

The Trezor One is the first hardware wallet model from Trezor and was the very first hardware wallet on the crypto market. Since 2014, the Trezor One from SatoshiLabs has been sold more than a million times, making it one of the most successful hardware wallets to date.

The Trezor One offers strong security and decent quality at a reasonable price. We have been using Trezor One since the beginning of 2015 and are completely satisfied with both the ease of use and the user interface, Trezor Bridge. It can be a good alternative to the more expensive Trezor Model T. In the following we present further details to you to the product more exactly.

Supported cryptocurrencies
On Trezor One you can store, receive and send over 1000 different cryptocurrencies. However, many cryptocurrencies require the use of third-party software such as Electrum, bitwala, and MyEtherWallet. You can send and receive the following cryptocurrencies directly with the Trezor software: Bitcoin, Ethereum, Litecoin, Dogecoin, ZCash, DASH, Namecoin, Bitcoin Cash, Ethereum Classic, Bitcoin Gold, Ubiq, NEM, Expanse and all ERC20 tokens.
Operation
The setup as well as the subsequent operation of the Trezor One and the software is very simple and clearly arranged. The XRP Wallet is thus also suitable for newcomers who want to get into the topic of cryptocurrencies.
Transparency & Fees
Most of Trezor’s hardware and software is publicly available on GitHub. The respective fees incurred for transactions are 100% transparent. Trezor itself does not charge extra for sending transactions.
Security
The private key stored on the Trezor never comes into contact with the Internet and is therefore effectively protected against hackers and phishing attacks. Each transaction must also be confirmed manually using the keys on the device. The safety of the device can therefore be classified as particularly high. 

5.Digital Bitbox

The Digital Bitbox 01 is a very cheap hardware wallet that does not support XRP yet. Nevertheless, the native token of Ripple, XRP, should follow promptly. As soon as there is an update here, we will inform you about it here.

So far, the Digital Bitbox 01 supports BTC, LTC, ETH and ETC as well as ERC20 tokens. Details on safety and operation can be found below.

Supported cryptocurrencies
At the moment the bitbox 01 supports: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin and all ERC20 tokens using a third party app (e.g. the MyEtherWallet).
Operation
Operation is basically simple when it comes to functions such as “Send” and “Receive”.
Transparency & Fees
The Digital Bitbox software is open source, so the code is publicly tested. There are no extra fees for using the Opendime Wallet (as with all other hardware wallets).
Security
The Digital Bitbox itself has no display, so the transactions have to be verified on the screen of a computer. This allows the user to check whether a transaction has been manipulated. However, in contrast to the verification via the hardware wallet of Ledger and Trezor, this method is somewhat less secure.

In practice, hardware wallets offer the best possible protection for XRP and your cryptocurrencies. Therefore, an investment in an XRP hardware wallet is worth every penny in our opinion.

Summary
Hardware Wallets offer the best possible protection for the storage of ether (ETH). Since the private keys are never connected to the Internet, Ripple Hardware Wallets are in fact not hackable. Currently there is no stronger protection on the market!

Even if the price may initially discourage you a little, the purchase of a hardware wallet is highly recommended. Especially the Ledger Nano S is now so cheap that the price should no longer be an excuse to protect your XRP best possible.

Ripple/XRP Desktop- und mobile Wallets

As the name suggests, desktop wallets are installed on your desktop computer. You can then use the software to easily and securely manage your XRP. The advantage of Ripple desktop wallets over XRP Online Wallets is that your private key is only stored locally on your PC and not on a company server. This gives you full control over your wallet and assets. Unlike hardware wallets, a desktop wallet is not protected as good against hacker or phishing attacks because your PC is (probably) permanently connected to the Internet. Nevertheless, a Ripple desktop wallet offers much better protection than online wallets.

Desktop wallets are in our opinion the best alternative if you are looking for a free Ripple (XRP) Wallet. There are many different Ripple desktop wallets providers on the market. Below we show you the best XRP desktop wallets, all of which are available for free download. But first we will introduce you to the advantages and disadvantages of XRP desktop wallets:

The advantages of Ripple/XRP desktop wallets:
✅ Only you have access to your asset with your private key
✅ No purchase costs, use is free of charge
✅ Regular updates
✅ Each transaction must be confirmed manually.
✅ High safety standard

The disadvantages of Ripple/XRP desktop wallets:
❌ Less secure than hardware wallets (more vulnerable to hacker and phishing attacks)
❌ Caution when choosing a desktop wallet: Not every provider can be classified as serious.

In addition to XRP desktop wallets, there are also mobile Ripple wallets that can be accessed from your smartphone. The biggest advantage of a mobile wallet is that you can always access your XRP as long as you have an Internet connection. A clear disadvantage, however, is that a smartphone is a potential target for hacking and phishing attacks. You are only effectively protected against this with a hardware wallet. In the following we show you the different advantages and disadvantages of XRP mobile wallets.

The advantages of mobile Ripple Wallets are:
✅ You always have access to your wallet, from any place in the world – as long as an internet connection exists
✅ More cryptocurrencies than just ripple (XRP) are often supported.
✅ Your mobile phone is usually easy and intuitive to use, as is the user interface of most mobile XRP Wallets.
✅ Wallet providers often provide support to which questions can be directed.

The disadvantages are as follows:
❌ Significantly lower security than using a hardware wallet
❌ No deposit insurance, as offered e.g. by eToro Wallet
❌ Susceptible to hacking or phishing attacks

There are countless providers of mobile ripple wallets. The following are some of the most popular and secure XRP wallets available for both your smartphone and desktop PC.

  1. Atomic Wallet
  2. Jaxx Liberty
  3. Exodus Wallet
  4. Coinomi Wallet
  5. Edge wallet

1.Atomic Wallet

Atomic Wallet

The Atomic Wallet is available as a desktop as well as a mobile wallet. In addition to XRP, more than 300 cryptocurrencies are supported. With the Atomic Wallet you can also manage BTC, ETH, LTC and many other Altcoins. The focus of the wallet’s developers is primarily on strong security, anonymity and decentralization. The wallet did not come onto the market until 2017, but it is very popular. A founder and developer of the wallet is Konstantin Gladych, CEO and co-founder of the Changelly.com crypto exchange.

When it comes to security and anonymity, it is important to know that both the private key and the transaction data are only stored locally on your PC and not on a corporate server. In addition, your data will not be passed on to third parties. A very interesting feature of the wallet are the so-called Atomic Swaps. This allows cryptocurrencies to be exchanged directly with each other without the involvement of another intermediary, such as a exchange. Trading fees that would be incurred for an exchange on a exchange can be effectively saved. For all cryptocurrencies that do not yet support Atomic Swaps, a connection to Changelly or Shapeshift is available. This allows you to exchange crypto like XRP very quickly and easily.

We have been using the Atomic Wallet for several years now and are really satisfied with its simple user interface and strong security. The wallet is a good option for both newcomers and professionals to securely and easily manage your XRP on a desktop and mobile wallet.

You can download the Atomic Wallet under this link. The desktop version is available for Windows, Mac, Ubuntu, Debian and Fedora. In the mobile version, both Android and iOS are supported as operating systems. In the following we describe the most important properties in more detail.

Supported cryptocurrencies
The Atomic Wallet supports XRP and more than 300 cryptocurrencies, several cryptocurrencies and all ERC20 tokens.
Operation
The interior as well as the subsequent use is equally pleasant for newcomers as well as for professionals.
Transparency & Fees
The Atomic Wallet is a community-based product that uses open source libraries, block explorers and other important elements. However, in order to ensure the security of the wallet, some of the developments will be kept secret.

The use of the Ripple Wallet is completely free of charge. In addition to the usual network fees, there are no additional costs. The costs for the execution of Atomic swaps are minimal and can be executed at normal market conditions.

Security
The Atomic Wallet offers very good security. The wallet – as a decentralized solution – does not request any personal data from its users. In addition, all data is transmitted in encrypted form. Your Private Key never leaves your PC, but is only stored locally. If you want to restore your account, you will need your backup phrase. Only then can you recover your account.

2.Jaxx Liberty Wallet

Jaxx Liberty wallet

The Jaxx Liberty Wallet supports Ripple’s XRP and more than 80 different cryptocurrencies. The wallet is available as desktop and mobile version. The wallet was developed by the company of Anthony Di Iorio, a co-founder of Ethereum. Accordingly, the wallet enjoys a very good reputation in the crypto community. The Jaxx Liberty Wallet also receives regular security updates.

Just like the Atomic Wallet, the safety of the Jaxx wallet is very good. Your Private Keys are only stored locally and do not leave your PC at any time and are not stored on external servers or shared with third parties. The wallet also offers the possibility to generate a backup, which you can use in case of emergency to restore your account. This is especially important if your PC breaks down or gets stolen. The operation of the wallet is very simple and reliable. In addition, the Wallet’s support team can be contacted around the clock.

You can download the Ripple Wallet here (click!). You will be taken to the home page where you can download both the desktop version and the mobile version for Android or iOS. The desktop version is available for both Windows and Mac. In addition, there is a browser extension for the Google Chrome browser.

Unterstütze Kryptowährungen
Mehr als 80 verschiedene Kryptowährungen: Bitcoin, Ethereum, BCH, Litecoin, Dash, ETC, Zcash, Dogecoin, RETH, DigiByte, GRS, Binance Coin, Huobi, Fuel, OmiseGo Flixxo, Insureum, MCO, NEO, FirstBlood, Augur, Bitcore, Golem, Status, DigixDAO, Dentacoin, Bancor, Monaco, TenX, WAX, Iconomi, Civic, Polymath, Santiment, Gnosis, Aragon, Link, DomRaider, Loom, Enjin Coin, Bankex, BOXX, Tokencard, iExec, RLC, Maecenas, Matchpoo,l Melonport, Metronome, Mithril, Aion, MobileGO, Ox, Edgeless, Po.et, SONM, Wings, Shivom, Helbiz, Presearch, Bitclave, Creditbit, Paypie, MCI, Brickblock, Blockmason, RCN, SWT, Ucash, Unikoin, Cofoundit, LIF, DPP, Basic Attention, Scanetchain, Sense, SHIP, Storj, Stox Viberate, Worldcore, Zap, Storm
Operation
The setup and the following operation is very simple and intuitive for beginners as well as advanced users. In addition to the actual administration of cryptocurrencies, the wallet offers current news, market data and a multi-chain block explorer.
Transparency & Fees
The use of the XRP Wallet is completely free of charge. There are no additional fees apart from the actual network fees of the respective cryptocurrency. All costs are 100% transparent and there are no “hidden costs”.
Security
The security of the Jaxx Liberty Wallet is very good. Neither the developers nor a third party has access to your private keys. Your Private Keys will only be stored locally on your PC and will not be passed on to an external server or to third parties. If your PC or smartphone breaks down, your wallet can be restored using your backup.

3.Exodus desktop wallet

Exodus Wallet

The Ripple Exodus Wallet supports XRP and a total of 100 different cryptocurrencies. The wallet was developed and launched in July 2016 by Daniel Castagnoli and JP Richardson. The wallet is very popular with newcomers because of its simple and clear surface. There are many reasons for this. One reason is certainly the good range of functions. The Exodus Wallet offers three main components:

  • Multi-Coin Wallet,
  • a portfolio tracker
  • and an integrated exchange service from Shapeshift.

However, the security of the wallet can be classified as good, but not optimal. Your private keys will never leave your PC, but is stored locally and not on an external server of another company. The wallet also offers the possibility to create a backup. Your backup code will be sent by mail. This type of backup creation is simple and convenient, but mails are not the most secure communication tool. The wallet also lacks two-factor authentication. In this case, hackers “only” have to crack your password and get extensive access to your assets.

Just like the Jaxx Liberty Wallet, the Exodus Wallet also offers very good customer support. In addition, there is an extensive FAQ section, which even includes tutorials. The support team can be contacted via email, Twitter, Facebook and even in their own slack channel.

You can download the wallet from the official website (click here!). The wallet is available as desktop and mobile version.

Supported cryptocurrencies
The XRP Wallet supports more than 100 different cryptocurrencies. These include digital currencies such as Bitcoin, Ethereum, Litecoin, EOS, Monero, Binance Coin, Tron, Stellar, XRP, Vechain and Monero as well as a variety of ERC20 tokens.
Operation
The wallet is very popular with beginners due to its simple user interface. Furthermore the support is available with advice and action. There is also a large FAQ area with many tutorials.
Transparency & Fees
The source code of the Exodus wallet is not open source. Accordingly, the users of the Wallet must trust the developers and rely on the security and trustworthiness of the wallet.

There are no additional fees for using the Exodus wallet, except the normal network fees of the respective cryptocurrency (XRP a few penny). For the use of Shapeshift fees of 2 to 5 percent may apply.

Security
During the initial installation, users are prompted to create a 12-word recovery seed phrase. In case your computer breaks down, the wallet can be restored. Beyond that no personal data of the users are queried. Users’ private keys and transaction data are encrypted and stored locally on their devices. Neither the developers nor other third parties have access to this sensitive data.

4.Coinomi desktop wallet

Coinomi Wallet

The Coinomi wallet also supports more than 275 cryptocurrencies in addition to XRP. The wallet was launched in 2014 and is one of the oldest wallets on the market. It can already count several million users worldwide. The wallet offers a high level of security because the IP address of the users is encrypted. In addition, your private keys never leave your PC, but are stored locally on your device. Your private keys will also not be stored on company servers and will not be passed on to third parties.

As the name suggests, the wallet is connected to the Coinomi exchange. This allows users to trade cryptocurrencies such as XRP directly from the wallet. The detour via a exchange such as Coinmerce or Coinbase can be avoided. Our criticism of the Coinomi Wallet is that it is not possible to activate a two-factor authentication. The wallet is just protected by a password. A second security layer is missing. Therefore, make sure that you have installed an up-to-date anti-virus program that detects and deletes harmful Trojans.

You can download the wallet on the official website (click!).

Supported cryptocurrencies
Ripple/XRP and 275 other cryptocurrencies.
Operation
The user interface of the Ripple Wallet is very clear and intuitive. This makes the wallet perfect for beginners.
Transparency & Fees
Open source software is seen by many users as an important feature of transparency. Coinomi was part of the open source software movement. However, in 2018 Coinomi postponed its project as closed source. This doesn’t mean their code is malicious. However, a certain amount of transparency has been lost as a result.

It is also important to know that Coinomi does not charge any extra fees. The use of the wallet is completely free of charge. All network charges are clearly displayed and easy to view.

Security
The main reason for the popularity of the Coinomi Ripple/XRP Wallet is the privacy, which is very high by default. Coinomi does not collect any personal data and encrypts the IP addresses of its users. In addition, your Private Keys will only be stored on your PC/Computer. A recovery seed can be created when setting up the wallet. With it you can easily and safely restore your wallet in case of a defect of your PC or if it is stolen.

Important note: The Coinomi Wallet was never hacked before 27 February 2019. On this day a critical bug was discovered for the Coinomi desktop wallet. However, this bug was fixed very quickly and reliably by the development team. Further details can be found here.

5.Edge Wallet

Edge Wallet

The mobile Ripple Edge wallet is available for both Android and iOS. In addition to XRP, a total of 17 other cryptocurrencies are supported. A unique feature of the wallet is that you can deposit Fiat currencies such as USD or Euro into the wallet and buy XRP directly. This can save the detour via a exchange such as eToro or CEX and thus also costs.

You can also secure your wallet with a PIN or Touch ID. The mobile wallet can also be operated from several terminals. This can be a clear advantage for some users in practice. Very useful for owners of multiple smartphones is also that the wallet can be used from multiple devices.

You can download the wallet from the official website and install it quickly and easily (click!).

Unterstütze Kryptowährungen
Bitcoin, Ethereum, Litecoin, Monero, Ripple/XRP, Bitcoin Cash, Dash, Augur, Wings, Indorse, Zcoin, Feathercoin, DigiByte, Vertcoin, Bitcoin Gold, DAI, Stellar, Smartcash, Groestlcoin, Bitcoin SV, EOS.
Operation
The wallet offers a very simple and clear user interface. Especially beginners will quickly become familiar with the wallet.
Transparency & Fees
The XRP Edge Wallet is completely anonymous. No personal or transaction information is transferred to the Company’s servers. In addition, the Edge Wallet is fully open source and has been tested by leading security experts such as the Open Bitcoin Privacy Project.
Security
The Edge Wallet uses a special security model. Instead of giving users the usual seed phrase, users choose a username and password. Alternatively you can also activate the use of a seed.
Summary
Both desktop and mobile XRP wallets offer better protection than online wallets, but much less security than ripple hardware wallets. Your private key is usually stored only on your PC or smartphone, but both, your PC and smartphone are usually permanently connected to the Internet.

This can allow hackers as well as phishing attacks to attempt to steal your data and gain access to your assets. This makes the use of good virus protection and anti-malware software all the more important. Be aware that a mobile or desktop wallet does not provide comprehensive protection like a hardware wallet.

Ripple Online Wallets

Ripple online wallets offer a very easy and good way to manage your XRP securely and quickly. A classic example of an online wallet are all the wallets offered by cryptocurrency exchanges. This allows you to trade XRP and other cryptocurrencies directly on the exchange. In addition, there is no need to set up a wallet or create a backup.

Although of the good reputation of some cryptocurrency exchanges, users have to trust the exchange blindly because only it manages the private key. In the past, many exchanges have been the victims of hacker attacks in which assets worth millions were stolen. Despite this fact, many users keep their XRP, BTC, ETH on exchange wallets – simply because it is convenient. However, if you trade a lot, online wallets can be a good way to store your ripple.

The following overview shows the advantages and disadvantages of Ripple online wallets:

The advantages of Ripple/XRP Online Wallets:
✅ If you have an internet connection, you can access your wallet from anywhere in the world
✅ If you use a exchange wallet, you can trade directly with XRP and other cryptocurrencies without detours.
✅ No costly setup of a wallet
✅ Payout limits can be defined for each transaction
✅ The operators of online wallets often offer very good support.

The disadvantages of Ripple/XRP Online Wallets are the following:
❌Notably worse security than hardware- and desktop wallets
❌ You do not have access to your private key, which is managed by the exchange.
❌ Greater vulnerability to hacker and phishing attacks
❌ Some web wallet vendors have turned out to be SCAM in the past.

1.Ripple (XRP) Exarpy Wallet

The Exarpy Wallet is an XRP web wallet that allows users to directly access the Ripple network and benefit from the low fees on the network. The wallet was already developed in 2016 and is intended exclusively for XRP owners. The Online Wallet does not store any user data upon registration.

In addition, the wallet has a transaction history which the user can view. This data is read and provided directly by the ripple blockchain. Exarpy has also implemented SSL encryption to transfer data between the user’s browser and the platform’s API. All transactions made are final and cannot be undone. The immutability and finality are two characteristics of the blockchain. As with many other XRP Wallets, a minimum deposit of 20 XRP is required to activate the account. The Exarpy Wallet enjoys a good reputation in the crypto scene and is considered a secure and fast way to manage your XRP online.

Supported cryptocurrencies
As the name suggests, the Exarpy Wallet only supports the native token of Ripple: XRP.
Operation
The user interface is simple and clearly arranged. Even newcomers will quickly familiarize themselves with the wallet and be able to use it without further problems.
Transparency & Fees
All network fees are visible and there are no hidden costs. Furthermore there are no fees for the use of the wallet, except the normal network fees of the XRP blockchain. However, these amount to a few pennies and are negligible in our opinion.
Security
The XRP Web Wallet is generally considered secure, but has the disadvantages described above. It is vulnerable to hacker and phishing attacks, so you should definitely have an up-to-date anti-virus program and a browser extension enabled for safe surfing. No sensitive data such as e-mail address or password are stored during registration.

The Private Key is stored on the user’s device and not on a company server or other third party server. A disadvantage of the Exarpy Wallet is that it does not offer the possibility to manage your XRP with a hardware wallet. All in all the Exarpy Wallet provides a good safety.

2.Coinpayments XRP Web Wallet

The Coinpayments Ripple Online Wallet supports XRP and over 50 different cryptocurrencies. The assets can be received, stored and sent. The website is available in over 10 different languages. Coinpayments also offers good customer support, which can be contacted quickly and easily by e-mail or the ticket system if you have any questions. We’ve received a helpful response in less than 24 hours.

The surface of the wallet is very simple and clear and therefore perfectly suitable for beginners. Coinpayments offers the possibility to secure the wallet via 2-factor authentication. The wallet is also available as a mobile Ripple Wallet for Android and iOS.

Supported cryptocurrencies
Bitcoin, Ethereum, Litecoin, Bitcoin Cash, XRP, EOS, Ether Classic, DigiByte, FLASH and many more digital assets. 
Operation
The user interface is very simple and clearly arranged. Beginners will quickly find their way around the easy handling.
Transparency & Fees
Coinpayments is a payment service provider that does not disclose its technology. For the withdrawal of XRP and all cryptocurrencies there is a flat fee of 0.5%.
Security
Your account can be secured with a password and 2-factor authentication. However, be aware that both online and mobile wallets have security vulnerabilities and do not provide the same protection as XRP hardware wallets. 

3.The Binance web wallet

Binance wallet

Another option is store your XRP on the wallet of the popular cryptocurrency exchange Binance. This can be a worthwhile option especially if you want to actively trade cryptocurrencies. This eliminates the intermediate step of moving your XRP from the wallet to a exchange. At this point, however, be aware that you can secure your account with Binance with a variety of security measures, but that you have no control over your private key. You hand the responsibility over to the trading platform.

Binance offers the option of setting up a 2-factor authentication so that your account can be well secured. However, there is a risk that Binance could become the target of hacker or phishing attacks and your XRP could be stolen. In May 2019, Binance was hacked and 7,000 Bitcoin were stolen. Although Binance has fully repaid users’ losses from its own financial resources, the hack shows that even well-known exchanges are not immune to hacker attacks.

You can register an account on Binance by clicking on this link*.

Supported cryptocurrencies
On Binance you can store and trade more than 150 different cryptocurrencies besides XRP. Binance offers a separate web wallet for each available cryptocurrency.
Operation
The user interface of Binance is relatively simple and clear. Nevertheless, newcomers may have some difficulties finding their way around the platform at the beginning. So take a look at our Binance review. Here we explain all available functions of the exchange.
Transparency & Fees
The actual use of Binance is completely free of charge. There are only fees for trading or sending cryptocurrencies to other wallets. You can reduce these fees by holding Binance Coins. You can find more information in our Binance test report, which we have linked to a tab above.
Security
Binance is considered to be one of the safest exchanges in the world, which until today has only once been the victim of a hack and has not passed the loss on to its customers. However, you should only keep your Ripple/XRP on the market as long as you are actively trading.

4.eToro wallet

eToro Wallet and Exchange

The advantage of the eToro Wallet is that it has a deposit guarantee of up to €20,000 per customer. This means that your XRP up to a value of 20.000€, in case of a hack, is secured by reserves of the exchange. This can be a crucial advantage for beginners when storing XRP on eToro. Nevertheless, there are two disadvantages, which of course we do not want to hide from you. For holding or storing your XRP, eToro charges so-called “Overnight Fees“, which make hodling on eToro very expensive. You can find more information about this in our eToro review.

The second drawback is that you can send your XRP from eToro to another exchange or wallet, but this process is relatively cumbersome. You have to transfer your XRP to the mobile wallet of eToro, then you can send your XRP to Binance, Bitpanda or another external wallet. Processing and lifting fees are charged for these services.

However, eToro is one of the best and safest ripple wallets on the market today. Deposit protection at the above level is a strong argument for newcomers. Besides, we’re not aware of any hacks from the broker. You can create an eToro account quickly and easily here (click here*).

Supported cryptocurrencies
15 Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Dash (DASH), Litecoin (LTC), Ethereum Classic (ETC), Cardano (ADA), Cardano (MIOTA), MIOTA (IOTA), Stellar Lumens (XLM), EOS (EOS), NEO (NEO), Tron (TRX), ZCash (ZEC), Binance Coin (BNB)
, Bitcoin Cash (BCH)[/su_spoiler], ZCash (ZEC)

Operation
eToro offers a very clear and intuitive trading platform for both newcomers and advanced traders. Commodities, CFDs and many other assets can also be traded on the exchange. 
Transparency & Fees
The use of the eToro Wallet is subject to so-called overnight fees, as described above. However, if you are an active trader or a newcomer, it may be worth your while. You can read all fees and costs in our eToro test report.
Security
The deposit insurance of up to 20,000 USD per customer makes the eToro Wallet a very secure option. Newcomers in particular can benefit from this security. 

5.Litebit Online Wallet

Litebit

Litebit is one of our favorites when we recommend a exchange to buy Ripple (XRP). Litebit offers a web wallet where you can easily and securely store cryptocurrencies. In addition to XRP, Litebit offers the purchase and sale of more than 50 different cryptocurrencies. However, the broker does not have a wallet for all cryptocurrencies.

If you use Litebit, you will not have access to your private key. You give the responsibility to Litebit, who take care of the safekeeping of your private key. However, you can secure your account with Litebit with a 2-factor authentication and thus greatly increase the security of your account. If you want to buy XRP and use Litebit’s Web Wallet, just click on this link. You get directly to the homepage of Litebit* (click!).

Supported cryptocurrencies
Over 30 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Cardano, DASH, Dogecoin and many more.
Bedienung
We have been a regular customer of Litebit for a long time and have had only good experiences so far. The interface of the website is very easy to use and available in several languages.
Transparency & Fees
There are no fees for using the Litebit Web Wallet!
Security
We are not aware of any hacker attack on Litebit in which assets could be stolen. Litebit keeps most of its clients’ funds in cold wallets. Nevertheless, the Web Wallet does not offer the same protection as a Ripple hardware wallet.

After we’ve introduced you to a few Ripple Online Wallets, the following overview shows the advantages and disadvantages of XRP Web Wallets.

Summary
Online Wallets for XRP can be divided into two categories: Exchange wallets and XRP specific developments. The former only provide basic protection for your Ripple. Operation is often very simple and free of charge. You can also trade directly out of them (on the respective exchange). However, they have the big disadvantage that you are not in possession of the Private Keys. Moreover, exchanges are popular targets for hacking attacks. So you have to trust the security of the market.

Ripple (XRP) specific online wallets (e.g. Exarpy) have the advantage that you are the sole owner of the private keys. They also offer a higher level of protection in principle. However, you must remember that the Private Keys are connected to the Internet. This means that your computer may be connected to malware that is aimed at stealing your XRP. With a good anti-virus and anti-malware software you can protect yourself against it very well. Nevertheless, one should be aware that there is no absolute certainty.

Both categories of web wallets also have the disadvantage that they are particularly vulnerable to phishing attacks because they use a browser to access them.

Ripple/XRP Offline Wallets / Ripple Paper Wallets

Ripple/XRP paper wallets can be a very good choice if you don’t want to spend money on a hardware wallet and still want good security. Paper wallets enjoy a good reputation. Your private key is “secured” on a piece of paper and never comes into contact with the Internet. Only if you want to send XRP you have to use a web wallet.

Ripple/XRP offline wallets are suitable for you if you want to store your XRP and do not access it for a long time. You should store your Ripple/XRP paper wallet in a safe place such as a safe or locker. When creating the Paper Wallet you should make sure that your PC as well as your printer is free of viruses and Trojans. This is a potential weakness of the Ripple paper wallet.

The advantages of Ripple paper wallets are:
✅ You can always access your wallet, no matter where you are, all you need is an Internet connection
✅ Ideal for beginners
✅ Quick and easy in the “Setup”
This has the following disadvantages compared to
❌ No deposit insurance, as offered by some Ripple exchanges such as eToro
❌ Storage of coins is your own responsibility, this can also be an advantage, depending on what you prefer
❌ Not 100% safe from hacker or phishing attacks

Paper Wallets can be a great way to store your XRP easily and safely. But note the following:

Summary
Paper pallets are very popular in the crypto community because all important data can be “stored” on a sheet of paper and kept in a secure place such as a safe. Make sure that your PC is free of viruses and other malicious programs when you create it.

More important information about the Ripple/XRP wallet test

We have compiled the information presented to the best of our knowledge and experience. However, always keep in mind that you should do your own research to find the wallet that suits you best.

If you have any questions or suggestions regarding our Ripple Wallet review, please feel free to leave a comment. We are looking forward to your questions and feedback. If you liked our contribution, we would be pleased about an appropriate evaluation:

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About Author

Collin Brown

Collin is a Bitcoin investor of the early hour and a long-time trader in the crypto and forex market. He's fascinated by the complex possibilities of blockchain technology and tries to make matter accessible to everyone. His reports focus on developments about the technology for different cryptocurrencies.

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