Top 8 Best Ripple (XRP) Wallets – How to Create a Ripple Paper Wallet

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As the cryptocurrency market regains momentum after an extended bear phase, investors are increasingly focused on secure ways to store their digital assets. Among these, Ripple (XRP) remains a top choice due to its strong institutional backing and fast cross-border transaction capabilities. Whether you're new to XRP or looking to improve your storage strategy, choosing the right wallet is crucial for safeguarding your investment.

This comprehensive guide explores the best Ripple wallets in 2025, covering hot and cold storage options, security considerations, and a step-by-step walkthrough on creating a paper wallet for long-term XRP storage.

What Is Ripple (XRP)?

Ripple is more than just a cryptocurrency — it's a technology company developing blockchain-based solutions for global financial institutions. The XRP Ledger enables near-instant, low-cost international money transfers, making it highly attractive to banks and payment providers.

XRP ranks among the most widely supported digital currencies across exchanges and wallets. Its utility, combined with regulatory clarity efforts, continues to bolster investor confidence. With increasing adoption, securing your XRP holdings has never been more important.

How to Choose the Best XRP Wallet

Not all wallets offer the same level of security or usability. Your choice should depend on how you plan to use your XRP: for daily transactions, active trading, or long-term holding.

Here’s a breakdown of the most common types of XRP wallets:

Custodial Wallets

Custodial wallets are managed by third parties — typically exchanges like Binance or Crypto.com. While convenient for beginners, they come with a major drawback: you don’t control your private keys. This means the platform holds your funds, exposing you to counterparty risk.

👉 Discover how non-custodial solutions give you full control over your crypto assets.

Mobile Wallets

Mobile wallets like Trust Wallet and Edge Wallet allow you to manage XRP directly from your smartphone. These are non-custodial apps that give you access to your private keys and support decentralized finance (DeFi) integrations.

They’re ideal for users who want portability and ease of use but must be protected with strong passwords, biometric authentication, and 2FA.

Web Wallets

Web-based wallets operate through browsers and include services like Guarda and GateHub. They offer quick access to your funds and often support staking or swapping features.

However, since they’re connected to the internet, they’re more vulnerable to phishing attacks and malware. Always use them on secure devices and avoid public Wi-Fi when accessing your wallet.

Hardware Wallets (Cold Storage)

Hardware wallets like Ledger Nano X and Trezor Model T are widely regarded as the safest way to store XRP. These devices keep private keys offline, protecting them from online threats.

Even if your computer is compromised, your funds remain secure as long as the hardware wallet isn’t physically accessed. They support hundreds of cryptocurrencies, including XRP, and integrate seamlessly with desktop and mobile apps.

Decentralized Wallets

Decentralized wallets emphasize user sovereignty. They don’t rely on central servers and allow direct interaction with blockchains. Most support XRP and offer built-in DEX aggregators, enabling seamless token swaps.

Examples include Trust Wallet and Crypto.com DeFi Wallet, both of which empower users to engage with Web3 applications while retaining full control over their keys.

Paper Wallets

A paper wallet is a physical document containing your XRP public address and private key, usually printed as QR codes. It’s a form of cold storage that’s completely offline — immune to hacking when created securely.

While highly secure, paper wallets require careful handling. Loss, damage, or exposure can result in permanent fund loss.

Are Hardware Wallets Worth It for XRP?

Absolutely. If you own a significant amount of XRP, a hardware wallet is a smart investment. Leaving funds on exchanges increases exposure to exchange hacks, insolvency risks, and withdrawal freezes.

Two leading brands dominate the market:

Both require initial setup via USB and software installation. Once configured, you can install the XRP app through their respective platforms to send and receive tokens securely.

Even though hardware wallets are highly secure, your private recovery phrase is the ultimate key. Store it offline in a fireproof safe or metal backup solution — never digitally.

How to Create a Paper Wallet for XRP

Creating a paper wallet is ideal for long-term "hodlers" who want maximum security without spending money on hardware.

Step-by-Step Guide

  1. Use a Secure Environment: Disconnect from the internet and ensure your device is malware-free.
  2. Visit a Trusted Generator: Use reputable tools like RipplePaperWallet.com (accessed offline if possible).
  3. Generate Keys: The tool will create a public address (for receiving) and a private key (for spending).
  4. Print or Save Securely: Print the wallet on non-networked printers or save it to an encrypted USB drive.
  5. Fund Your Wallet: Send XRP from an exchange or another wallet to your printed public address.
🔒 Never share your private key, and avoid taking photos or storing digital copies unless encrypted.

While paper wallets are cost-effective and secure, they lack convenience. Sending XRP requires importing the private key into a software wallet — a risky process if done on an infected device.

👉 Learn how secure wallet integrations simplify crypto management without compromising safety.

Best Hot Wallets for Daily XRP Use

If you trade frequently or use XRP for payments, hot wallets provide instant access:

Always enable two-factor authentication (2FA), use unique passwords, and avoid downloading apps from unofficial sources.

Frequently Asked Questions (FAQ)

Q: Can I store XRP on any hardware wallet?
A: Not all hardware wallets support XRP. Ledger and Trezor do, but always check compatibility before purchasing.

Q: Is a paper wallet safe for storing large amounts of XRP?
A: Yes — if generated securely and stored safely. However, consider splitting large holdings across multiple cold storage methods.

Q: What happens if I lose my hardware wallet?
A: As long as you have your recovery phrase, you can restore access on another compatible device.

Q: Can I send XRP from a paper wallet directly?
A: No. You must import the private key into a software wallet first — this exposes it temporarily, so do it only on secure devices.

Q: Are mobile wallets safe for long-term storage?
A: Generally no. Mobile devices are prone to theft and malware. Use them only for small, spendable amounts.

Q: Do I need a minimum balance to activate an XRP wallet?
A: Yes. The XRP Ledger requires a reserve of 10 XRP to prevent spam. This amount is locked but recoverable if you close the account.

Final Recommendations

For long-term investors, prioritize security:

For active traders, convenience matters:

No matter your strategy, always:

👉 Explore next-gen wallet features that combine security with seamless trading experiences.

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