Best Ripple Wallets for Exploring the XRP Ledger

Dive into everything the XRPL has to offer with these wallets.

Man thinking about Ripple coins and XRP ledger.
Created by Kornelija Poderskytė from DailyCoin

Everything you know about Ripple wallets is wrong. Bold claim, I know, but hear me out.

A Ripple wallet, or XRP wallet, is a digital account that stores XRP and other native crypto assets on the XRPL (XRP Ledger), a popular blockchain network.


Chosen by dozens of banks and financial institutions worldwide, XRP is reinventing cross-border payments using digital assets and cryptocurrencies. Despite the network’s popularity, this Bitcoin alternative is still largely misunderstood.

In this guide, we’ll dispel some myths surrounding XRP wallets and provide you with the best Ripple wallets available for exploring the XRP Ledger.

What Is an XRP Wallet?

Ripple logo.
Source: Ripple

An XRP wallet is your personal gateway to utilizing Ripple’s native cryptocurrency, XRP. It’s a secure digital environment where you can send, receive, and manage your XRP tokens.

Like a physical wallet holding your traditional currency, an XRP wallet safeguards your digital coins. However, it goes beyond the simplicity of just ‘holding’ your assets. An XRP wallet lets you interact with the decentralized XRP Ledger and sign blockchain transactions using your private keys.


This is where a lot of people get things wrong. An XRP wallet is not just a storage unit; it’s a versatile tool that connects you to the Ripple network, allowing you to participate in the broader ecosystem and explore the XRPL’s various functions. 

Whether making cross-border payments, trading, or exploring decentralized applications, your XRP wallet is the launching pad for your voyage into the ripple ecosystem.

What Can I Expect From a Good Ripple Wallet?

A good Ripple wallet works in much the same ways that Cardano wallets and Ethereum wallets do. As you’d expect, the fundamentals of what makes a good XRP wallet are very similar, with security and simplicity being the primary features to look for.

  • Security – A good Ripple wallet offers robust security features, protecting your assets and allowing you to manage your funds without intermediaries.
  • Fast and Low-Cost Transactions – The Ripple network’s main benefits are its blistering speed and affordable transaction fees. Expect lightning-speed transactions that settle in a mere 3-5 seconds and gas fees as low as $0.0002.
  • Interaction with the XRPL – Your Ripple wallet is your portal to the XRP Ledger (XRPL), allowing you to interact, explore decentralized applications, and truly immerse yourself in the Ripple ecosystem.
  • Versatility and Accessibility – Whether you’re a seasoned trader or a crypto beginner, the best Ripple wallets cater to a diverse audience. They offer a balance of ease of use and advanced features.
  • Diverse Wallet Options – Like in all areas of crypto, versatility is key. Your Ripple wallet should be compatible with paper wallet backups, cold wallet storage, and hot wallet applications.

The Confusion Around XRP Crypto Wallets

When people ask, ‘What is the best Ripple wallet to use?’ they often get simplistic or dismissive answers. The most common responses generally point people to all-in-one software wallet providers like Atomic Wallet and Exodus Wallet or crypto exchanges like Uphold or Binance.

Yes, these wallet apps and exchanges technically give you public keys and a wallet address that lets you store XRP, but there’s a lot more to cryptocurrency than that. A true XRP wallet will let you connect to dApps on the  XRP Ledger and give you complete authority and self-custody over your assets.

Don’t believe me? Log into your Atomic Wallet or Binance account and try to connect to a decentralized application on the XRP Ledger. A good Ripple wallet gives you the freedom to use XRP dApps and send XRP transactions.

Another thing to be aware of is that each XRP Wallet demands a reserve of 10 XRP tokens to ‘activate’ the wallet. This unique feature is designed to prevent spam and malicious usage of the network.

Top Ripple Wallets for Actually Using the XRPL

Now that we’ve cleared up some of the misconceptions around XRP wallets and what they should and shouldn’t be able to do, it’s time to dive into our list. Here are some of the best wallets available for eager Ripple fans who want to explore the XRPL.

1. Xumm

Ripple wallet XRP advertisement page.
Source: Xumm

Xumm is a non-custodial, open-source wallet specifically designed for the XRP Ledger, bringing a suite of superpowers to your fingertips. It bridges users and the XRPL, allowing for seamless interaction with third-party tools and applications.

Like any good crypto wallet, Xumm prioritizes security and ensures that your private keys are kept safe, giving you full, direct control over your assets. Users unlock the mobile app with bio-metrics or a passcode, offering top-tier protection.

Whether you’re a developer looking to build on the XRPL or an everyday user exploring the Ripple ecosystem, Xumm will help you get the job done. It supports multiple accounts, allowing you to manage them without compromising security.

If that wasn’t enough, Xumm was built by the dedicated team at XRPL Labs. This means you’re assured excellent customer support in real time from people who know the ecosystem best.

Key Takeaways

  • Open-Source XRP Wallet 
  • Integrates with the XRPL
  • Mobile Wallet available on iOS and Android
  • Over 100,000 monthly active users

2. Gatehub

Gatehub ripple wallet advertisement page.
Source: Gatehub

Next up, we have Gatehub. Gatehub is a truly diverse and multi-functional platform, offering a blend of wallet services, trading features, and a user-friendly interface, making the web wallet a popular choice among Ripple enthusiasts.

Gatehub goes beyond XRP, providing a comprehensive platform for managing various digital assets on the XRPL. It’s a hub where you can store, trade, and manage your cryptocurrency portfolio and a range of fiat currencies all in one place.

One of Gatehub’s key features is its integrated trading and exchange platform. Users can seamlessly trade XRP and other supported cryptocurrencies, explore market trends, and execute XRP transactions, all within the Gatehub environment. 

One of the OG’s of the Ripple ecosystem. Gatehub fosters a supportive community and offers dedicated customer service. Their site shows Gatehub has been the number 1 Ripple wallet provider since 2015.

Key Takeaways

  • Offers Wallet Insurance up to $1M USD
  • Web-based Ripple Wallet 
  • Integrates with XRPL and supports dApps

3. Bifrost Wallet (TowoLabs)

Rounding out our list of the best Ripple wallets is the Bifrost Wallet. Developed by Towolabs, this multicurrency wallet supports not only the XRPL but also other popular networks like Ethereum.

One of the things that users like about the Bifrost wallet is that Towolabs runs XRPL servers, which help to decentralize the network and improve its capabilities.

Bifrost Wallet is available on mobile devices and supports features like staking for other digital currencies.

Key Takeaways

  • Multicurrency wallet
  • Runs XRPL Servers
  • Available on mobile devices

Ripple Wallet Pros and Cons


  • Speed and Efficiency – Ripple wallets use the network’s fast and efficient transactions.
  • Low Transaction Costs – With transaction fees as minuscule as $0.0002, Ripple wallets are affordable and accessible to all users.
  • XRPL Integration – XRP wallets are the only way to explore the Ripple ecosystem and XRP Ledger.


  • Reserve Requirement – Every Ripple wallet requires a minimum reserve balance of 10 XRP to activate and maintain, which might frustrate holders.
  • No Native Hardware Wallet – Hardware wallets support XRP tokens but don’t yet integrate with XRPL dApps and products.

On the Flipside

  • While XRPL integration is important, if you simply want to buy XRP and hold it safely long-term, a hardware wallet is still the best option. Cold storage solutions like Ledger Nano and Trezor store your keys offline, protecting you from hackers and giving unmatched security.

Why This Matters

The fundamental ethos of cryptocurrency and blockchain technology is built on the values of self-custody and decentralization. If you’re storing your XRP on a centralized exchange, your coins are at risk. 

If you want to truly own your digital assets and explore the range of utilities and applications Ripple provides, you should use an XRP wallet that integrates with the XRP Ledger.


Where can I purchase XRP?

You can purchase XRP through most crypto exchanges through a variety of methods, including credit card payments or bank transfers.

Why do I have to leave 20 XRP in my wallet?

Each Ripple wallet needs a base reserve to disincentivize spammers from creating mass wallets. This reserve has been reduced from 20 XRP to 10 XRP.

What is the best wallet for Ripple XRP?

This depends on your needs. If you only want to buy XRP and store it long-term, a hardware wallet like Ledger Nano or Trezor offers the best security. If you want to participate in the Ripple ecosystem and use the XRPL, the Xumm wallet offers the best user experience.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Finn Miller

Finn Miller is a New Zealand-based blockchain writer for DailyCoin who specializes in simplifying complex blockchain topics. He is experienced in crafting whitepapers, researching on-chain data, and advising emerging crypto projects, and uses his unconventional approach to learning and passion for knowledge to provide cornerstone educational content for readers of all levels. When not exploring the depths of DeFi, Finn can be found exploring his other passion, the great outdoors.