Great Ripple (XRP) Wallets to Safely Store Your Coins in 2021

XRP is a digital asset built for payments. The coin is the native coin on the XRP Ledger – an open-source, permissionless, decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be transacted without a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently. 

The rapid increase in the value of XRP from $0.01 to $1 within a year made it a profitable and popular cryptocurrency investment. If you are looking to invest in XRP, you’ll need the best wallet to store, transfer, receive, and manage all your XRP coins in a single place. 

When looking to choose an XRP wallet, it’s vital to pick a proper wallet right for the first time, considering that users must have 20 XRP for booking their wallet address. From hardware wallets to paper wallets, there are different types of wallets currently available for XRP. Besides wallets, there are plenty of crypto exchanges that offer users to buy and store XRP on the platforms. 

Nonetheless, it’s advisable to store your XRPs on wallets instead of exchanges to avoid losing money through hacks and scams. Here are the best XRP wallets you ought to consider in 2021. 

Best XRP Wallets 2021

  • Best XRP Hardware Wallet- Ledger Nano S

The Ledger Nano S is the most popular and versatile hardware Ripple wallet. It features a compact shape similar to that of a USB drive with an attached OLED screen. Like any other hardware wallet, the wallet generates private keys and digital signatures offline and within the device itself; hence, it’s immune to hacking. 

Unlike other Ripple wallets that limit the number of stored XRP, the Ledger Nano S allows users to store unlimited XRP coins. Additionally, it supports other cryptocurrencies as well. Compared to other hardware wallets, the Nano S offers more security and reliability than its outstanding security features, including 2-factor authentication, an individual PIN, and a recovery option. Additionally, users’ private keys are stored separately in the devices as it supports the cryptographic attested firmware uploaded in its dual-chip architecture. 

The small, inbuilt screen enables users to track both their Ripple savings and transactions. Overall, the Nano S makes XRP storage and usage easy, secure, and hassle-free. The wallet is compatible with a PC (Windows, Mac, Linux, and Chrome OS), while the newer version Ledger Nano X is compatible with phones (iOS and Android).

  • Best Ripple Desktop Wallet- Rippex

Rippex is the best Ripple desktop wallet thanks to its enhanced security, agility in transactions, and user-friendliness. The wallet confers users more control over their funds. It allows them to store Ripple, sends, receive, and exchange XRP with integration to crypto exchanges. Apart from supporting cryptocurrencies, including XRP, Rippex supports several fiat currencies, including Euros, Yen, and US Dollars.  

To enhance security, Rippex employs a multi-verification system, with all transactions being validated by the Ripple network. The wallet is also transparent since all transaction information is kept public, achieving transparency with special monitoring of users’ privacy. The wallet is handy for trading, considering that it charges low transaction fees

Rippex is available for Windows, Mac, and Linux operating systems. It also features a Mobile App that boasts an excellent interface and comes in handy when making quick transactions or fast trading decisions

Enhanced security and agility in transactions coupled with integration to exchanges make Rippex one of the best Ripple Desktop Wallet. 

  • Best Ripple Open-sourced Hot Wallet – Toast Wallet

Toast Wallet is a free, open-source Ripple XRP Wallet for iOS, Android, Windows, Mac, and Linux. The wallet was voted as the best XRP wallet on iOS. Being an open-source wallet, Toast offers a seamless experience with users having full control over their private keys. The wallet is highly secured and less prone to cyber-attacks since all the encrypted keys are generated via the wallet app. Besides, its source code and the software binaries are open to the community hence transparent. 

The wallet doesn’t charge any transaction fee, plus it’s very efficient. Easily and quickly send and receive XRPs and view your XRP account balances and transactions directly from the wallet. However, since it’s a web-based wallet, there are some risks of malware and hacking. Also, if you forget your PIN and Passphrase, you may lose the wallet and all coins in it. 

  • Best Ripple Mobile Wallet- Atomic Wallet

Atomic Wallet is a lightweight and comprehensive crypto wallet that supports over 300 cryptocurrencies, including XRP. It’s available for Windows, Mac, and Linux operating systems. The wallet is integrated into Changelly and Shapeshift, allowing users’ to store, send, receive and exchange XRP and other cryptocurrencies, including Bitcoin and Litecoin. Experience instant exchange directly from the wallet. 

Atomic Wallet boosts of smooth UI coupled with numerous features. The wallet offers an all-in-one non-custody solution for XRP holders. It provides exceptional security since users; private keys are encoded on the device, plus the wallet is built on top of common open source libraries.  

What sets Atomic wallet from other mobile wallets is that it’s a fully decentralized wallet; thus, users’ don’t need to pass KYC or any other kind of verification. The wallet doesn’t have access or control over users’ funds, enabling them to manage their crypto in a completely anonymous way. 

Atomic wallet is also the first cryptocurrency wallet with an advanced membership program, based on its native Atomic Wallet Token. AWC-BEP2 holders receive tokens for using a built-in exchange service or validating transactions and setting nodes on the Tezos, Cosmos, NEO, VeChain, and Tron blockchains. Users are also offered access to 24/7 live support.

Author’s Note

Bitcoin live price
price change

Ripple’s incredible growth in value makes it a lucrative investment in 2020. However, to rip the benefits of XRP investment, you’ll need the best Ripple wallet. What is the best Ripple wallet available? There’s no definite answer to this question. However, hardware wallets such as the Ledger Nano S are undoubtedly the best option for storing XRP. Other forms of crypto wallets, including desktop, mobile, and paper wallets, are excellent options and shouldn’t be overlooked. Before choosing an ideal XRP wallet, ensure you research its security and critical features. Has this article enabled you to choose the best wallet to store your XRPs safely?

Stay up to date with our latest articles

More posts

Can You Really Protect Your Crypto Investments Against Whales?

It is only natural that the price of BTC changes following whales' transactions. Because altcoins have smaller market capitalizations, this effect is even more pronounced on their prices. The ways whales manage to manipulate the market are inventive and can lead to heavy losses for small traders. In our guide, we look into the matter and reflect on how to protect a wallet against whales. Understanding the Concept of Whales The term "crypto whale" refers to a person or organization…

What Are Fractionalized NFTs?

Most people who use the internet regularly, whether for business or pleasure, are familiar with NFTs. Everyone in the crypto/blockchain community looks at these "Non-Fungible Tokens” with interest.  The only problem is that NFTs are becoming extremely popular and too costly to own.  In this context, Fractional NFTs, or F-NFTs, have entered the market to attract new investors. Imagine dividing a single NFT into smaller parts and making it available for purchase. This concept is the principle governing the growing…

Diluted Market Cap – A Beginners’ Guide

The value of a cryptocurrency is difficult to predict, especially if we are dealing with a new token. If you're looking to invest in cryptocurrency, measures like the fully diluted market cap can guide your choices.  The term "fully diluted market cap” will represent the core of today’s guide. We'll begin by defining the sector's market capitalization before moving on to more advanced notions. Market Cap in the Crypto Industry The total worth of an asset now in circulation corresponds…

Top Crypto Marketing Agencies to Promote Your Cryptocurrency Project in 2022

Nowadays, launching a crypto project can be a daunting task for most developers, especially considering the competition. This report claims that the industry amasses over 18,000 cryptocurrencies as of March 2022. Whether you focus on NFTs, DeFi, or any other crypto-related activity, you will have to face stiff competition. Fortunately, you can gain a competitive advantage over your peers with the help of crypto marketing agencies. These services cover all the promotional aspects your project needs to get into the…

The Difference Between Capped and Uncapped ICOs

Some ICOs decide to set a cap on how many coins investors can buy. However, some people choose to offer unlimited coins at the sale. Different teams can follow different strategies to obtain success in this growing market. Today, our guide aims to make a clear distinction between capped and uncapped ICOs. Understanding the Concept of ICOs An ICO (“Initial Coin Offering”) is a way to launch a new cryptocurrency. ICOs are a way to raise money for a project…

Is It Possible to Spot a Fake NFT?

Blockchain technology should have made life simpler for digital artists selling unique tokens of ownership to other people. A public ledger can give buyers a record of who owns a piece of art in perpetuity. Blockchain gave some artists a new chance to earn money. However, some artists admit that the last year's crypto boom has been a real mess.  Anyone can "mint" a digital asset as an NFT, even if they don't own it. How do you spot a…

Unstoppable Domains – A Beginner’s Guide

Unstoppable Domains are an intriguing and unique new option that is gaining traction in the crypto industry as more people become aware of them. Even though you may be inclined to dismiss them as simply another "crypto craze,” you may not want to be so hasty in your judgment. Whether you have your wallet or just learning about crypto, unstoppable domains have some unique advantages that you might consider utilizing for your website. This post will go over all you…

Understanding How Ripple’s Interledger Protocol Works

Payment networks are now fragmented and disjointed. Transferring money within a nation or between accounts on the same system or ledger is quite simple. The same goes for transferring money between accounts on a different network or ledger. In most cases, however, transmitting data from one ledger to another is unfeasible. Even in places where connections are available, they are often manual, sluggish, or costly. Ripple’s Interledger Protocol allows the routing of payments across multiple digital asset ledgers. Meanwhile, it protects both…

3 Meme Coins Still Riding the Meme Wave and Ready to Explode

With Elon Musk on the verge of buying Twitter, his pet crypto, Dogecoin, could rise to new heights of popularity and demand. However, DOGE is not the only meme coin ready to burst on the scene in 2022. Others are waiting for a signal to show the meme wave is not only alive and well but rising too. Meme coins started out as a joke. In a market dominated by raging bulls and bears shifting crypto prices by the thousands…

Intel’s Blockscale – A New Bitcoin Mining Chip

Earlier this month, Intel announced Blocksale ASIC, the company's second-generation Bitcoin mining chip. Intel plans to deliver the new chip for the third quarter, which it claims will be more energy-efficient. What does this news mean for Intel and the blockchain sector? How will Bitcoin miners react? Intel’s Second Attempt to Attract Crypto Miners Intel's first mining chip, named Bonanza Mine, is a 7nm process packed in lots of 300. We can speak of a 3,600W mining machine with up…