The Best Ripple (XRP) Wallets to Use in 2024

XRP is the native token that is used to power the Ripple payment network. It is used to provide liquidity and facilitate near instant cross-border transaction settlements for financial institutions.

Over the years, the token has grown to become seventh largest crypto asset by market capitalization, and is also quite popular. The popularity of XRP has increased recently following Ripple’s victory against the U.S securities and exchange commission (SEC).

The token was declared to be a non-security in a landmark ruling earlier this year. As a result, several investors who didn’t know about the token before have now been attracted to it as an investment asset.

This caused XRP to experience a rally at the time, and analysts expect another rally that could take its price to over one dollar in the next bull cycle. If you’re a fan of XRP or you recently became interested in it, there is no better time to buy it.

But before you do that, you need to decide on the wallet you’ll use it for. Below are the best options to choose from.

Exodus Wallet

Exodus is a household name in the hot wallet department. You can use it to take care of all your crypto needs. It supports over 300 crypto assets from different blockchains, including XRP. The wallet is non-custodial, which means you get to maintain full control over your crypto assets. 

It is also a web3 wallet, with some amazing features such as support for non-fungible tokens, so you can buy and hold your favorite NFTs as well. You can also use it to stake some selected assets to earn passive rewards.

The wallet also has support for hardware wallets such as Ledger, Trezor, etc. This makes it a perfect companion for those who own hardware wallets, and is designed to be used by investors with different levels of experience.

Trust Wallet

Trust wallet is a hot wallet that supports well over a million crypto assets. It is a non-custodial web3 wallet owned by Binance, but of course the company doesn’t have access to your wallet. You get to manage your portfolio securely with no external inference.

Like Exodus, you can use Trust wallet to stake assets and also buy and sell NFTs. Interestingly, XRP is one of the crypto assets that are supported for staking on Trust wallet, meaning you can start earning passive income with your tokens immediately.

You can use the wallet as a mobile app on Android or iOS, and also as a browser extension on Chrome, Brave, or any of the top web browsers. The wallet has a user-friendly interface that makes it easy for anyone to use.

Ledger 

Ledger is a general name for hardware wallets made by security company Ledger. They have a reputation for providing the highest level of security for your assets with cold storage. There are well over 5,000 crypto assets supported by these wallets, including XRP.

Although it is a hardware wallet, it has everything the hot wallets have to offer. You can buy and sell your favorite NFTs as well as stake crypto assets to earn passive income on it. There are two of the wallets.

The first is Ledger Nano S Plus, and the second is Ledger Nano X. the latter is more sophisticated, with Bluetooth connectivity. This allows you to use the wallet with mobile devices as well as desktops.

Atomic Wallet

Last on the list but by no means the least is Atomic Wallet. This is another web3 non-custodial wallet that supports over a thousand assets including XRP. You can use it to stake assets as well as buy and sell NFTs.

The wallet is available for mobile devices like Android and iOS, as well as desktop. Like the others, you can easily use it even as an absolute beginner in the crypto space.