Ripple (XRP) is a revolutionary blockchain network transforming cross-border payments in the financial sector. With adoption by major institutions like PNC, Santander, and the Royal Bank of Canada — along with payment giants Western Union and MoneyGram — XRP has cemented its role in the future of fintech. If you're looking to invest in XRP, one of the first steps is choosing a secure and reliable wallet to store your digital assets.
This guide explores the best Ripple wallets for beginners, focusing on security, usability, supported features, and long-term value. Whether you're new to crypto or expanding your portfolio, we’ll help you find the ideal XRP wallet that balances functionality with peace of mind.
What Is a Ripple (XRP) Wallet?
A cryptocurrency wallet doesn’t physically “hold” your coins. Instead, it manages your private keys — cryptographic codes that prove ownership of your XRP on the Ripple blockchain. These keys allow you to send, receive, trade, and secure your funds.
An XRP wallet enables you to:
- Send and receive XRP
- Store multiple cryptocurrencies and NFTs
- Trade directly within the app
- Participate in staking or decentralized finance (DeFi)
However, wallets vary widely in design and purpose. Some are built for frequent trading, while others prioritize long-term security. Understanding these differences is crucial before making your choice.
Key Factors When Choosing an XRP Wallet
Before diving into specific recommendations, consider these essential criteria:
🔒 Security
Top-tier encryption, biometric login (Face ID, fingerprint), two-factor authentication (2FA), and non-custodial control over private keys are must-haves.
💸 Cost & Fees
Most software wallets are free to download, but transaction and gas fees can add up. Hardware wallets require upfront investment but offer superior protection.
🔄 Supported Assets
If you plan to diversify beyond XRP, look for multi-chain support across Bitcoin, Ethereum, stablecoins, and DeFi tokens.
📱 Usability
Beginners benefit from intuitive interfaces, clear navigation, and mobile accessibility across iOS and Android.
⚙️ Features
Advanced tools like AI insights, staking rewards, NFT storage, and DeFi integration enhance long-term utility.
Best 6 Ripple (XRP) Wallets for Beginners in 2025
1. Best Wallet – Most User-Friendly XRP Wallet
Best Wallet stands out as a next-generation crypto solution designed for both newcomers and experienced users. Though not yet fully released, it’s generating significant buzz due to its innovative features and AI-powered interface.
The wallet supports over 1,000 digital assets, including XRP, NFTs, and ERC-20 tokens. Its standout feature is an integrated AI chatbot that provides real-time market analysis, tracks portfolio performance, and offers personalized investment suggestions — all within the app.
Security is robust: biometric authentication, end-to-end encryption, and full user control over private keys ensure your assets remain protected. Additionally, Best Wallet introduces its native token, $BWAT, which unlocks benefits like zero gas fees, exclusive airdrops, governance voting rights, and early access to token sales.
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Pros:
- Intuitive interface ideal for beginners
- AI-driven market insights and automation
- Multi-chain and non-custodial
- Free gas fees for $BWAT stakers
- Available on iOS and Android
Cons:
- Still in pre-launch phase
- No fiat conversion details available yet
2. eToro Money Wallet – Most Secure for Regulated Users
Backed by the globally recognized eToro platform, the Money Wallet combines regulatory compliance with strong security protocols. Licensed by the Gibraltar Financial Services Commission, it's one of the few wallets offering institutional-grade protection.
You can store, send, receive, and trade over 120 cryptocurrencies, including XRP. The wallet integrates seamlessly with your eToro trading account (though transfers back to the exchange are restricted). It features DDoS protection, multi-signature authentication, and encrypted data storage.
Note: As of 2025, U.S. users can only trade Bitcoin, Bitcoin Cash, and Ethereum on eToro’s main platform — however, existing XRP holdings in the wallet remain accessible.
Pros:
- Regulated and legally compliant
- High-level cybersecurity infrastructure
- Free to download and use
- Works on iOS and Android
Cons:
- Cannot transfer crypto back to eToro trading account
- Higher fees for crypto-to-fiat conversions
3. Huobi Wallet – Best Mobile App for Global Traders
Huobi Wallet is a powerful hot wallet developed by the Huobi Group, one of Asia’s largest crypto exchanges. It supports over 20 blockchain networks, including XRP, Bitcoin, Ethereum, and 13 stablecoins.
While it doesn’t store private keys on its servers — giving you full custody — it lacks 2FA and multi-signature options, which may concern security-conscious users. The app also includes a built-in DeFi gateway, allowing access to decentralized exchanges and yield farming protocols.
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Pros:
- Full private key control
- Built-in exchange for swapping assets
- Supports NFTs and DeFi apps
- Web and mobile versions available
Cons:
- No 2FA or multi-sig support
- Not available to U.S. residents
- Unregulated platform
4. Crypto.com DeFi Wallet – Best for DeFi Enthusiasts
Launched in 2020, the Crypto.com DeFi Wallet is tailored for users interested in decentralized finance. It supports more than 500 cryptocurrencies, including XRP, Ethereum-based tokens, stablecoins, and NFTs.
As a non-custodial wallet, your private keys stay on your device. Funds are stored in cold storage when idle, adding an extra layer of security. You can also enable Face ID, passcode locks, 12-word recovery phrases, and 2FA.
The wallet offers adjustable gas fees and real-time price charts — useful for active traders. However, customer support has received mixed reviews.
Pros:
- Excellent DeFi integration
- Strong security with cold storage backup
- Free to download on iOS and Android
- Customizable transaction speeds
Cons:
- Limited functionality in certain regions (including parts of the U.S.)
- Inconsistent customer service
5. Trust Wallet (by Binance) – Best for Staking & DApps
Originally independent but now owned by Binance, Trust Wallet is one of the most popular mobile wallets worldwide. It supports 160+ blockchains, including XRP and thousands of BEP-20 and ERC-20 tokens.
It allows direct participation in staking programs to earn passive income and provides access to decentralized applications (dApps) via its built-in Web3 browser. The interface is clean and beginner-friendly.
Like other top wallets, Trust doesn’t store your private keys — you’re fully responsible for securing them during setup.
Pros:
- Wide token support
- Integrated dApp browser
- In-app price tracking
- Active support team
Cons:
- Gas fees apply for transactions
- Less secure than hardware wallets
6. Coinbase Wallet – Best iOS Option for Beginners
While distinct from the Coinbase exchange account, Coinbase Wallet gives users full control over their private keys and digital assets. It supports XRP, NFTs, ICOs, and major cryptocurrencies like BTC and ETH.
Its sleek design makes it perfect for iOS users who want a simple yet powerful tool. It also integrates with hardware wallets like Trezor and Ledger for added security.
However, it supports fewer coins compared to competitors and charges relatively high transaction fees.
Pros:
- Trusted brand with strong reputation
- Supports NFTs and new token launches
- Easy setup process
- Compatible with hardware wallets
Cons:
- Limited asset selection
- Expensive transaction fees
Types of Crypto Wallets: Exchange vs Software vs Hardware
Understanding wallet types helps you make informed decisions based on your needs:
🏦 Exchange Wallets (e.g., Binance, Coinbase)
Convenient for trading but not recommended for long-term storage due to hacking risks. Best used temporarily during active trades.
💻 Software Wallets (e.g., Trust Wallet, Exodus)
Installed on phones or computers. More secure than exchange wallets and great for daily use. Ideal for beginners managing moderate amounts of XRP.
🔐 Hardware Wallets (e.g., Ledger Nano S, Trezor)
Physical devices that store keys offline (“cold storage”). Most secure option for long-term investors holding large XRP balances.
Frequently Asked Questions (FAQs)
Can I store all my cryptocurrencies in one wallet?
Yes — many modern wallets like Trust Wallet and Exodus support hundreds of coins across multiple blockchains, allowing you to manage diverse portfolios from a single app.
Can I send Bitcoin to an XRP wallet address?
No. Sending BTC to an XRP address will likely result in permanent loss of funds. Always verify the coin type matches the receiving address format.
What’s the safest way to store XRP long-term?
Use a hardware wallet like Ledger or Trezor for maximum security. These devices keep private keys offline, protecting against online threats.
Do any XRP wallets support fiat withdrawals?
A few wallets like Coinbase allow limited crypto-to-fiat conversion, but most require transferring funds to a regulated exchange first.
Is it safe to use mobile wallets for large holdings?
Mobile wallets are convenient but connected to the internet. For large investments, combine a software wallet for daily use with a hardware wallet for savings.
Can I stake XRP or other tokens through my wallet?
XRP itself does not support staking, but many wallets let you stake other Proof-of-Stake (PoS) coins like Ethereum or Cosmos to earn rewards.
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With the right XRP wallet, you gain more than just storage — you unlock control, flexibility, and opportunity in the digital economy. Whether you're just starting out or optimizing your strategy, prioritize security, ease of use, and future-ready features to make the most of your investment journey.