Ripple (XRP) Wallet Review 2020 – 7 Best Ripple Wallets to Store XRP tokens

The digital currencies are getting popularity day by day, and the reason behind their popularity is the increase in the price.

Ripple (XRP) is currently the second highest cryptocurrency in the market by market cap, and the price has gone up by +977% few months ago. People who have invested in XRP are making a great profit.

The Ripple coin was the first digital currency that was invented in 2004, and is known as the reasons behind all the other digital currencies. However, it went public late in 2012.

Today, Ripple is one of the best cryptocurrencies to invest in. There are many reasons behind the popularity of Ripple coin. One of them is its investors which includes Google and many other popular names. These popular names bring the trust factor in the eyes of investors for Ripple XRP, and that’s the reason why the investors who cannot afford BTC prefer to buy XRP and invest their money in this currency.

You may have a couple questions if you are planning to buy Ripple (XRP):

This guide will help you understand everything you need to start holding Ripple.

I have also shared some of the best Ripple (XRP) wallets currently available in the market. These wallets are secure, safe, and trusted by other cryptocurrency enthusiasts like you.

Let’s begin with how you can buy XRP.

How to buy Ripple (XRP)?

There are many places from where you can get XRP, but the best way is to buy Bitcoin and exchange them for Ripple. Here is our full guide on how to buy Ripple – XRP.

XRP Wallets: The Best Wallet for Ripple

Note: You have to be very careful when choosing a coin wallet for your digital currencies because they are not registered under the law of any country. You may lose all of your money in no time if you choose a wrong Ripple coin wallet. That’s why it’s very important to spend time to get an understanding of different Ripple coin wallet to protect yourself from the fraud and scam.

You need to know one important thing before I share about top wallets for XRP.

Ripple wallets require you to have 20XRP to book your wallet address.

This means that if you add 1000 XRP to your Ripple wallet, 20XRP will be used to book the wallet address, which is one reason you don’t want to use multiple wallets for XRP (unless required).

So if you don’t want to end up losing 20XRP on various wallet addresses, you should choose the right wallet from day one.

Ledger Nano S

The Ledger Nano S is a hardware wallet that has been designed for the digital currency, and has recently added support for XRP.

Ledger Nano S

Unlike other wallets that have been developed for digital cash, this wallet actually has a physical appearance. The wallet can be touched and carried in the pocket, which means that you can have Ripple XRP coin in your pocket.

Being a hardware wallet, the Ledger Nano S is one of the best ways to store your cryptocurrency. It offers ease of use, great security, and you can carry it with you anywhere.

By look, this wallet looks like a USB device. However, it can store unlimited Ripple XRP in it with no limit. Simply attach it to your laptop, computer or even mobile and use your Ripple coin as you wish.

I strongly recommend Ledger Nano S because it supports many popular cryptocurrencies including: XRP, Zcash, Stratis, ETH/ETC, BTC, Dash, etc.

In the box, you will receive the wallet The Ledger Nano S, a USB cable, recovery sheet, and introduction. There are also some other accessories to make it easy for you to use the wallet.

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The developers have added extra security features to the wallet to make it more secure and safe for the users. In case someone steals your wallet or you lose it, then the person can’t get access to your Ripple coin without your permission. The manufacturer has added the option to make the wallet more secure, simply by allowing you to set a password.

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The Ledger Nano S has the ability to automatically make the backup of your account to keep it safe for you. This means that you can easily get the access to your account if you lose your wallet or someone steals it from you.

The wallet features small built in display that will allow you to see your transaction in real time, and by this, you can confirm that the transaction really took place. The company has also added the physical button to make it feel safer for the users. Through this button you can confirm the transaction.

You can order your Ledger Nano S from the official site here. It will take 4-7 days to have it delivered to your doorstep.

Toast Wallet


Toast Wallet is a an open-source Ripple (XRP) wallet which is free and anyone can use it to store Ripple coins.

Toast Wallet is one of the most popular wallets among Ripple users. It is a safe and robust wallet and we have highlighted some of the top features below:

1-Cross Platform solution

Most of the smaller wallets usually come out with a solution only for one platform and OS which is not the case with Toast Wallet. It is available to download for all wordlwide popular platforms: Windows, Android, and even iOS.


Toast obviously hired a good UI designer as it is one of the easier to use wallets out there. The users have not to go through different steps to Store  Ripple XRP like in other wallets.

3-No Fees

Here is an overview of best cryptocurrency wallets.

Another advantage of Toast Wallet is that it free and fee-less wallet but you do need to have 20XRP reserve to process your transactions.

Atomic Wallet


Atomic Wallet is a new multi-asset custody-free solution for secure storage and management of BTC, ETH, XLM, XRP, LTC and over 300 other coins and tokens. The crypto assets and features are regularly updated. Private keys are securely encrypted on a user’s device, so one has full control over their funds.
The desktop app is available for Windows, MacOS, Ubuntu, Debian and Fedora. Private alpha versions of Android and IOS mobile apps will be released in October, 2018.

Atomic Wallet is a secure all-in-one, non-custodial cryptocurrency storage with a smooth and comprehensive interface. The wallet supports Atomic Swaps, a cutting-edge feature that helps users significantly save on fees. Atomic wallet also enables users to buy cryptocurrency with USD and EUR and exchange their assets at the best rates via Changelly or ShapeShift.



CoinPayments is a cryptocurrency payment website that allows you to store your digital currency online in their wallet, and it works in same way as your physical bank works. The company is registered and based in Canada. It is known as one of the most authentic and legit cryptocurrency payment platforms. CointPayments is one of the fastest and largest payment networks, and today there are more than 296,000 vendors in 182 countries, who are now accepting CoinPayments as a method to accept of payment from their customers. With the help of CoinPayments, you can buy anything from anywhere or even withdraw your Ripple XRP coins in your bank.

You will be able to use CoinPayments as a ripple wallet to store XRP along with many popular cryptocurrincies and upcoming altcoins (they accept more than 75 different types of altcoins) with one account. Their transaction fee is only 0.5%, and this fee is same for all types of investors. The CoinPayments does not limit you to only exchange and invest your altcoin through their network, but they also allow you to use your money for online shopping purpose too.

The wallet service has some fee. However, there is no fee on the personal deposits on the wallet. It is 100% free. The wallet withdrawals are also 100% free until you are not using it as a method of payment while shopping online or using it for the commercial items.

Unlike other XRP wallets mentioned in this resource, you need to add the destination tag to receive XRP on coinpayments wallet.


It is important to note that CoinPayments is supported by the popular altcoin security website called BitGo ( BitGo is usually known for the BTC payments only. However, on CoinPayments, you can use this service for any type of digital currency including Ripple Coin. This makes the process of transaction and payment very fast, and when it’s fast, it means that you can invest your money instantly. Also, if you see the increase in the price, you can sell your coin.

Also, this multi sig technology provides complete protection of your funds, which means that no transaction can be made without the approval of the account owner.

For short term parking, CoinPayments is a solid solution for storing your XRP coins.

Join CoinPayments



UPDATE: Rippex wallet ceased to offer their services in April 2019. But do not fret, you have not lost your coins as they have never been “in the wallet” but rather on the ledger. As long as you have your account secret and recovery phrase/passphrase or backup you are able to restore your wallet. Just use the recovery phrase/passphrase and input them in some other wallet, like Toast wallet, and restore your wallet.

Rippex is a desktop-based XRP wallet which is very popular among Ripple traders.

A Rippex account has options for deposits and withdrawals to and from Ripple accounts, so users can send payments to other Ripple accounts, and can buy and sell several assets. The services are based in three pillars:

  • Security: We invest to offer a secure access to digital assets
  • Agility: we work to deliver faster and more integrated services
  • Credibility: the soundness and transparency of our services reinforces the trust of our users

Rippex is a good choice for storing your XRP coins because it’s very straight forward to use but also takes security incredibly seriously. Most serious XRP traders favour Rippex because it’s such a well-established brand and, as such, has proved itself to be a reliable and safe place to keep XRPs and access them quickly.



Gatehub is a popular website that deals with several popular digital currencies including XRP and BTC. Investors trust on Gatehub most because Ripple coin has mentioned it in the list of their wallet. Here is a full gatehub review.

Gatehub allows you to store XRP and as well as purchasing them using USD or Euro, and the process of depositing money and purchasing Ripple XRP coins on Gatehub is very easy and fast. They allow their users to buy Ripple coin by paying money directly through a bank. However, unfortunately, you need to buy BTC first and then convert it into other digital currencies.

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You can start by creating an account on Gatehub. The next step is to do the KYC and activate your account.

NOTE: It’s very important to write down the recovery key on a piece of paper and save it in a safe place. This is the only way to recover your XRP wallet in case you ever forget your Gatehub password.

Once you have activated your account, you can deposit your funds (in Euro or USD) and buy XRP directly from Gatehub.

gatehub 1

The interface is pretty neat and easy to use. You won’t have any problems understanding how to use the Gatehub website. The wallet shows a complete history of the payments. It also shows the exact amount which you have used to buy Ripple XRP coins.

The Gatehub’s analytics stats show stats by graphics, which makes it easy for the users to understand and operate their wallet account. The analytics section also shows the real-time rate of XRP, USD, and other currencies, which makes it very easy for the users to invest their money on right time.


If you want to get XRP right now, you can get an XRP wallet using Binance.

However, you should not store your XRP for more than 1-2 days on an exchange (any exchange). The reason for that is that exchanges can shut down or go into problems at any time and put you at risk of losing your stored coins.

The platform gives users access to a robust set of trading tools, charts and security features. The exchange was created by experienced professionals in the cryptocurrency space, and the most recognizable name behind this project is that of Changpeng Zhao, former CTO at OKCoin. Read a full review of binance exchange here.

binance exchange

When I needed to get ahold of XRP urgently, I used Changelly to convert my bitcoins into XRP. I store my XRP on my Binance wallet.

These XRP can be transferred to the Ledger Nano S (or any other hardware wallet that supports XRP).

Check out Binance


With time, I expect more popular wallets to integrate XRP. This will make it easier for us to store Ripple.

However, for now, these are the top Ripple wallets available in the market.

I would recommend you to just order Ledger Nano S hardware wallet if you are someone who is investing in cryptocurrencies. This wallet ensures that you remain in total control of all of your coins.

If you are hardcore crypto-fanatic, you probably hold some of these coins as well. Here are the wallet solutions for them:

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

  1. Great article and guidance. I just ordered my Ledger Nano S. It wont arrive until several days, however, I wanted to lock up some ripple coins now before the price keeps soring. Being a newbie, should I wait for my Ledger to get here or do should I open an ewallet with either coin payments or gatehub? I am interested in holding only at this particular time. I also wanted to purchase a few other coins but the Ledger Nano S only holds specific coins. I am doing a lot of research and from what I am reading, all these ewallets can be risky as for they do not guarantee 100% the safety of your coins if I am reading this correctly. If your Ledger is limited to storing specific coins then what do you do with the rest of them, leave them at risk in these other ewallets?

    • Hi John

      You can buy Ripple and keep it on an exchange until your Nano S arrives. Exchanges are not recommended to keep coins on them for longer period of time, but couple of days is fine. Lot of us keep coins on exchanges for trading purposes. But any time you decide you want to hold without trading, move the coins to a cold storage (another name for hardware wallets).

  2. hi, i just bought nano ledger, and when i set to ripple wallet, i dont have destination tag for my nano ledger wallet. so i can’t send my xrp from exchanger to my nano wallet.
    and in the apps, i cant find how to setting destionation tag. there’s only ripple address without dest. tag

  3. Hi,

    How are you? Your blog seems quite useful. Thank you for sharing such info.

    I want to know more about Gate Hub. I happen to open an account in the same. I have few below doubts. I would appreciate if you can help me.

    1) While opening the same I choose Ripple as my Primary Wallet. .I want to know was I right in choosing Ripple ar Primary Wallet?
    2) It is still showing me written as “pending” on Primary Wallet. What I need to do. I have given them my passport copy already. And its almost 10 days have passed since I open the same.
    3) Gate hub is asking minimum balance of 20 Ripple to be maintained if we want to initiate any transaction. Does this mean that I will loose these 20 Ripple when I will close this account. For now 20 ripple is nothing, but in future it can be some amount of money.
    4) In case if I choose Ledger Nano S, would there be any way to recover currency in case I loose this carelessly.

    It will be great If you can share your mail id. I am new investor in this market, so have many doubts.

    Please guide.

    Thank you

  4. Hi, I am very new to ripple and don’t know from where I should buy. Like is there a site for ripple trading too? I don’t want to use the exchanges for buying ripple as they don’t allow me to move the ripple to my hard wallet (ledger nano S). I will be obliged if anyone can kindly advise me if there is a site which uses escrow and then I am allowed to move the ripple safely to my ledger nano S.
    I will also appreciate if you can kindly let me know any site/exchange which has escrow facilities and allow payments made through my bank in GBP (British pounds).
    The article here is extremely informative and hopefully you will assist me get on the ladder. Thanks.

    • Hi Pragnya

      Why do you think exchange will not let you move your XRP to your wallet? We have not encountered such case until now – did you actually try to transfer XRP from exchange to Ledger?

  5. I’ve been using They only charge (.025) in one flat fee per transaction; you can also buy XRP from them. They are based in the US and I haven’t experienced any problems.

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