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Hardware vs Mobile vs Software vs Card

Ripple is for large organizations that send a large volume of transactions. It aims to be safe and takes only a few seconds per transaction. In fact, it states that Ripple can handle up to 1000 transactions per second. This puts Ripple in the same league as traditional payment processing services like VISA and Mastercard.

Ripple website

Transactions are also very cheap. Ripple can refer to the company or to the Ripple currency (XRP). Ripple also has its own custom sidechain called Ripple Transactions Protocol, or Ripple network for short. The Ripple protocol does not allow chargeback, which means that technically a consumer can not reverse a transaction.

Interestingly, Ripple does not promote any portfolio through their official channels. They conclude that the responsibility lies with the user in due due diligence. It is in their own interest to decide who trusts to keep their money safe.

Note on Ripple Wallets: Unlike Bitcoin, users must have at least 20 XRPs in their wallet to activate it on Ripple Ledger.

The best Ripple wallets

In this guide we will take a look at the options available for the secure storage of the Ripple XRP currency, we have listed the Hardware, Web Wallet, Software and Paper Wallet options.

Hardware wallets

Ledger Nano S

This versatile hardware portfolio insinuates itself in almost all portfolio reviews. The company is based in France and has been producing cryptocurrency hardware since 2014. Not only the Nano S Ripple shop but also, Bitcoin, DASH, Ethereum and a whole series of other cryptocurrencies.

What makes this device exceptional is the extra level of security. Your private keys can not be compromised or leaked as the data is stored in a secure environment on the device. The only way to access it is via a PIN. Supports Windows 7 and higher, Mac OSX, Linux or Chrome OS, great for Chromebooks.

You'll also need to install the special Google Chrome extension to interface with the Ledger. The device is a high quality construction in brushed stainless steel and plastic. It connects to the computer via a USB device and can even connect to a mobile phone.


Visit Ledger

Web Portfolios


This is an interesting portfolio as it has not been downloaded but is a web-based desktop wallet. The site is also responsive, so you can also use it on your mobile web browser. Exarpy does not physically hold the funds but provides the application for the transaction on the Ripple network. The wallet charges a flat rate of 0.025 XRP per transaction. This includes the Ripple network commission so there are no hidden costs. Just like a bank account, the Exarpy wallet uses a PIN. This is a set of 16 numbers that is connected to your account. Users must keep this PIN in a safe place or they will no longer be able to log in to their account. It is encrypted, so the account can not be restored without this.


Visit Exarpy


The Cryptonator portfolio is a multi-currency portfolio with support for XRP. It is accessible via the web on your notebook, desktop or mobile device. Users can even exchange their XRPs in their wallets for other cryptocurrencies at a very low rate. Cryptonator developers provide security but use a secure Web connection (SSL). Users also have another level of security called 2-factor authentication (2FA) where they receive a notification with a single-use password. The wallet will also block all suspicious IP addresses that attempt to access your account.


Visit Cryptonator


The Ripple community seems to appreciate web-based portfolios. To use this portfolio the user must deposit at least 20 XRPs or the equivalent in Bitcoin, Ethereum (ETH), Ethereum Classic (ETC) or Augur (REP) . You can also fund the portfolio using a bank deposit. Since the platform is online, you can also exchange and convert cryptocurrencies using GateHub. For novice users Ripple this is probably the best wallet to start with. The layout is very simple and the functionality is easy to use.

Ripple Wallet

Visit Gatehub


This web-based portfolio is also an easy way to get started with a Ripple portfolio. It supports numerous cryptocurrencies and allows you to keep your funds in a secure wallet. Hot wallets are portfolios connected to the Internet, unlike cold wallets such as hardware portfolios. This portfolio has very low commissions: a flat fee of 0.5% in all currencies and transactions. In reality, you define a payment gateway because you can easily convert to different currencies and send payments using the extended portfolio features.


Visit Coinpayments

Desk wallets


The Rippex portfolio is based on the Ripple Desktop Wallet. It is an open source experimental portfolio developed by Ripple. It is a downloadable portfolio that runs on Windows, OSX and Linux. The source code is available on GitHub. If you are a developer you can also fill in your portfolio version. As with most products in the cryptosphere, the portfolio is in beta. It has not been actively developed and some known bugs are still present in the code, so use it with caution. Your private keys are kept on your computer. This is safer than a web wallet, but if malware infects your machine your funds could be at risk. A big advantage of this portfolio is that it has no limits on how much XRP you can send or receive.


Visit Rippex

Mobile wallets

Toast wallet!

Yes, the name also has an exclamation mark at the end! This large mobile wallet is free and open-source. It is available for Android and iOS devices. There are also desktop versions available for Windows, OSX and Linux. The user interface (UI) is clean and the app is easy to use. It also has first-class security because private keys are safe on the device and not online anywhere where hackers can get their fat paws on your funds.

Toast! Wallet

Visit Toast! Wallet

Wallet of paper

Creating a paper wallet is considered one of the safest ways to store your cryptocurrency, apart from the hardware portfolios. This type of cold storage is safe because it is not connected to the Internet in any way. The best way to create a Ripple wallet is to use the minimalist Ripple client. The first step is to set up the identity by entering a secret (private) key under the Title of identity.

Users can also choose Generate identity and the app will generate a public and a private key for them. The public key usually begins with "r". The private key is the second key under the public key.

Very important, users must write down these keys generated or chosen on a piece of paper. This is the only way to access their funds. The Ripple portfolio will remain offline until 20 XRPs are sent to the wallet address. I would recommend sending funds to this portfolio from a reputable exchange that supports Ripple, such as Binance or Kraken.

Wallet of paper

Visit Minimalist Ripple Client


The wavy portfolios are different from the Bitcoin wallets. The minimum amount required to activate a Ripple wallet is 20 XRP. Ripple says this is to prevent the global register from becoming too large and to prevent the malicious use of its portfolios.

Portfolios of hardware and paper are the safest options if you're worried about your privacy. Mobile and web portfolios are common in the Ripple ecosystem even if they are considered more risky because private keys are kept online.

It is up to the user to research these portfolios and determine if they can trust the company to keep their funds safe.

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