I think it's fair to say that Ripple has been on everyone's minds right now, as well as featuring on the front cover of most major news outlets, but for all the wrong reasons. Still, its core technology is still revolutionary in design within the blockchain space, and if you're still hopeful for a bright future, then you might be curious to know of the best Ripple wallet to store their XRP tokens with.
We've read by now of the many incidences where cryptocurrencies in their billions are stolen through hacks and cybertheft. It's not just hackers sitting in their mom and dad's basement either, as even countries are joining in on the cyber theft campaign. They might certainly see value in Ripple, or XRP,' owing to its goals of disrupting the international payments, settlements, and remittance networks through their clever blockchain.
Most of these cyberattacks could've been prevented, too, if only more people started using dedicated, secure, and robust wallets to lock down their cryptocurrency tokens and digital assets. Leaving your money online or sitting openly on an exchange is the worst thing you can do, as far as security goes. So, you have loads of XRP sitting around, so let's see if we can find out the very best Ripple wallet just for you.
See Also: Ripple Price Prediction
Best Ripple Wallet Comparison Table
|Trust Wallet||Rating: 5 |
|Coinomi||Rating: 5 |
|Ledger Nano S||Rating: 5 |
|Exodus Wallet||Rating: 5 |
|Atomic Wallet||Rating: 4 |
Best Ripple Wallet Reviews
1. Trust Wallet
Trust Wallet is among the most well-known, well-received, and popular wallets among cryptocurrency users. Trust Wallet is owned by Binance, by far the world's largest cryptocurrency exchange by trading volume. As such, Trust Wallet has been able to earn a lot from working hand in hand with Binance, given the latter's expansive business empire, large blockchain ecosystem, and massive userbase.
Over 5 million people around the world are using Trust Wallet. It is made available as a mobile application, easily found on iOS and Android, where both apps are very well-reviewed. Here, you can also have the opportunity to make easy purchases of select cryptocurrency tokens using either a debit or credit card (VISA or Mastercard), which also includes Ripple (XRP).
You can then use Trust Wallet to exchange, share, or send your cryptocurrency tokens like XRP with users around the world. Trust Wallet is more than just a storage medium, as they've also incorporated other features such as staking, where you can earn up to 220% yields annually. Trust Wallet supports more than 160,000 different cryptocurrency tokens and various other digital assets.
This includes storing and viewing non-fungible tokens, or NFTs, that have been minted for creating artwork, memorabilia, gaming items, cards, and more. The Trust Wallet is also a Web3 compatible browser, thus allowing you to easily browse through a wide variety of decentralized apps (dApps) seamlessly without ever having to leave the application.
2. Exodus Wallet
Just like Trust, the Exodus Wallet is another software-based wallet where a mobile application can be downloaded easily for either iOS or Android. But unlike Trust's mobile-only approach, Exodus has primarily conceived as a feature-packed desktop-based wallet client, where you can find its wallet readily available, made for Windows, macOS, or Linux. It has support for over 125 different cryptocurrencies, including Ripple's XRP tokens.
Exodus is well known among cryptocurrency enthusiasts, and for a good reason. This is owing to its ease of use, with fluid and colorful animations and detailed iconography. Just like Trust Wallet, their focus on the user interface has served it well, compared to wallet applications of yore that are clunky and difficult to navigate, especially for novices. However, Exodus has been able to beautify its wallet without sacrificing core features.
For one, they've gone one step beyond most software wallets by providing easy integration with the Trezor hardware wallet. You can easily use Exodus' desktop application to navigate, browse, and transfer assets – such as Ripple's XRP tokens – between the Exodus wallet and your hardened Trezor wallet for enhanced security. You can then synchronize this with the Exodus app on your phone and computer.
With Exodus, you can also easily buy, sell, exchange, and send cryptocurrencies with ease. They have also recently integrated a new third-party app launcher, where platforms can offer services directly within the Exodus wallet. As of writing this best Ripple wallet review, you can stake your tokens on Compound Finance or through Exodus's own staking platform, where you can earn upwards of 9% yearly rewards.
3. Ledger Wallet
Unlike the other cryptocurrency wallets that we have listed here to see which one is the best Ripple wallet, Ledger is the only hardware-based wallet. Granted, that's if you don't count Exodus's partnership with Trezor. Hardware wallets are often regarded as more robust and secure compared to software-based wallets, as they remain offline and disconnected when not in use.
This makes them much harder to crack into, but oftentimes, hardware wallets are a hassle to use. Ledger aims to make this threshold easier to cross by offering not just one but two different wallets – the Ledger Nano S ($59.00) and Nano X ($119.00). This is connected to your computer via the Ledger Live software, with Windows, macOS, or Linux options. There is even an iOS and Android app for on-the-go management of your crypto assets.
Ledger's wallet is compact and beautifully finished in brushed stainless steel, and it can very easily fit in your pocket. It even has its own propriety operating system and an integrated chip that has been designed to better guarantee optimal robustness and security. For the Nano X wallet, in particular, it even has Bluetooth functionality so that you can quickly pair it with the Ledger Live app installed on your phone for quick access.
Presently, the Ledger wallet supports 27 major cryptocurrency tokens – including Ripple's XRP – and over 1,500 other smaller coins and digital assets. With the Ledger Live app, you can access services like easily buying cryptocurrencies, such as Ripple, or swap and exchange those tokens. Another standout feature is its integration with Compound Finance, to allows you to stake or lend out your tokens to earn passive rewards.
4. Coinomi Wallet
Coinomi is one of the earliest and oldest cryptocurrency wallets around, having been in continuous operation since 2014. They take pride in the fact that since 2014, their wallet application has never been hacked, nor have any Coinomi wallet users lost their funds. Their robust security is continually leading the way in the cryptocurrency space, and they've certainly not stopped there.
Coinomi's featureful wallet is made for both desktop (downloads for Windows, macOS, and Linux) and mobile (support for iOS and Android). Coinomi's wallet has one of the largest compatibility by far of any other cryptocurrency wallet, with support for more than 1,770 cryptocurrencies and digitalized assets spread across 125 different blockchain networks. Coinomi continues to practice a progressive approach with their wallet.
Among them is the native inclusion of the SegWit protocol for their wallet platform, and thus resulting in faster confirmation times, improved security, and lower fees when sending or receiving cryptocurrency tokens, such as Bitcoin or Ripple. Coinomi lets you make purchases of select cryptocurrencies easier through a partnership with Simplex, allowing you to buy tokens with your credit or debit card.
You can store your precious NFT collectibles using Coinomi's wallet or even convert your cryptocurrency tokens into gift cards that you can use in stores. Alternatively, you might want to stake your cryptocurrencies through Coinomi as a passive investment. Coinomi's wallet is also a Web3 compatible browser, hence letting you browse through various decentralized applications (dApps) seamlessly and securely.
5. Atomic Wallet
The next contender in our competition to find the best Ripple wallet is Atomic. Atomic is a software-based cryptocurrency wallet and among the most popular ones with over 1 million users worldwide. This is across their install base, which can synchronize over 500 different cryptocurrency tokens across the desktop (installs for Windows, macOS, and Linux) and Atomic's mobile application for iOS and Android.
This, then, makes it another worthy companion to hold your precious Ripple tokens. In the event you're not happy with Ripple or its XRP tokens, you can comfortably exchange them with other cryptocurrencies on the wallet. You could buy cryptocurrencies with your Mastercard or VISA credit card, and there are also options for you to stake from various cryptocurrency tokens through its wallet, and letting you earn upwards of 30% annually.
Another interesting aspect of Atomic's wallet is the creation of its native AWC tokens or the Atomic Wallet Coin. The AWC token has its benefits and utilities when used within the Atomic wallet, such as being able to offer discounts on exchange services or discounts for buying cryptocurrencies with a credit card. You can also join for a membership with Atomic wallet, where you can get additional cashback, up to 1%, on purchases and exchanges.
Best Ripple Wallet: Conclusion
So, we now have 5 excellent contenders for the title of the best Ripple wallet. As we come to the conclusion of our overview of the many unique cryptocurrency wallet applications available, we have the arduous task of choosing one winner to stand above the rest. No matter what might happen with Ripple, and its bloody pitched battle with the SEC, having a good wallet is always recommended, whichever cryptocurrency token you might have.
And our overall winner is – drum roll, please – is the Exodus wallet. We've given Exodus the crown here owing to a few reasons. Its user interface is simply gorgeous with fluidity and smoothness to it, and it's jampacked with features such as earning passive rewards through staking. Its biggest standout feature is no doubt the hybrid integration with Trezor, creating a seamless bridge between soft-, and hardware.
But this wouldn't be a fair competition without a runner-up for the title of ‘Best Ripple Wallet', and we've decided to give that medal over to Trust. It's very simplistic in its design, with no support for the desktop or hardware wallets. However, Trust's simplicity is what makes it excel, with an easy-to-use factor that makes it incredibly welcoming. Moreover, it supports a huge variety of digital assets and a handy built-in Web3 browser.