If you’re looking to buy and store XRP tokens – then you will need to choose a suitable wallet to safeguard your digital funds. Many Ripple wallets require a minimum lock-up of 20 XRP, albeit, this can be avoided when selecting the right provider.
In this guide, we review the best XRP wallets in the UK for 2021 and walk you through the process of getting set up today.
#1 Ripple (XRP) Wallet In the UK – eToro
Best XRP Wallet in the UK – Top 5 List
Below you will find a list of the best XRP wallets UK for 2021 and beyond.
- eToro – Overall Best XRP Wallet in the UK
- Coinbase – Best XRP Wallet for Beginners
- OKEx – Recommended XRP Wallet for Features and Tools
- Binance – Best UK XRP Wallet for Asset Diversity
- Coinjar – Best XRP Wallet In the UK for Buying and Selling Small Amounts
You will find a full review of each Ripple (XRP) wallet by scrolling down.
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
Best XRP Wallet in the UK – Full Reviews
In choosing the best Ripple (XRP) wallets in the UK for your needs – there are many factors that you need to consider. Not only does this include safety controls and security features – but the convenience of being able to send and receive XRP at the click of a button. You also need to think about whether or not the Ripple wallet supports other digital currencies and if the provider gives you access to buying and selling tools.
To save you from having to search dozens of providers, below you will find a selection of the very best XRP wallets in the UK.
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for $100 you get 104.7356 XRP CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.  for $ 100 you get 107.1945XRP What we like
for $100 you get 107.1945 XRP CFDs are complex instruments that have a high risk of losing money quickly due to leverage. 72.6% of retail investor accounts lose money trading CFDs with this provider.  for $ 100 you get 105.7159XRP What we like
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1. eToro – Overall Best XRP Wallet in the UK
Regulated by the Financial Conduct Authority (FCA) – eToro is a top-rated online brokerage site with over 20 million clients on its books. The platform is particularly popular with inexperienced investors that seek a simple and low=-cost way to enter the financial markets. eToro is also behind two highly secure and convenient Ripple wallets that allow you to store your XRP tokens with ease.
First, you have the proprietary eToro wallet app – which can be downloaded free of charge on iOS and Android devices. The wallet supports over 120+ different digital currencies – including that of XRP. You will also find support for over 500+ crypto-asset pairs – meaning that you can instantly trade tokens without needing to leave the app. Best of all, the eToro mobile wallet app is regulated by the Gibraltar Financial Services Commission (GFSC). This means that you can store your XRP tokens safely without needing to worry about credibility.
The second option that you have is to keep your Ripple tokens stored on the eToro platform. This option will be suited for those of you that are yet to invest in Ripple. When using eToro for this purpose, you can buy Ripple on a spread-only basis – meaning that you are not charged any direct commission. You can also pay for your XRP investment with a debit/credit card, e-wallet (including Paypal), or bank transfer – and the minimum stake is just $25 per trade.
Once the Ripple purchase is complete, the XRP tokens will be added to your eToro wallet portfolio. The tokens will remain there safely until you decide to cash out. When you do, it’s just a case of creating a sell order on the platform – and eToro will instantly convert your Ripple investment back to fiat money. In order to use eToro – whether that’s online or via the UK Ripple wallet app, you first need to open an account and upload a copy of your ID.
This is to ensure that eToro remains compliant at all times with anti-money laundering laws. After that, you will have unfettered access to an abundance of cryptocurrencies and other assets. Regarding the latter, this includes thousands of UK and international stocks, ETFs, indices, commodities, and currencies. You can even invest in managed portfolios – one of which focuses exclusively on cryptocurrencies. Another passive investment tool worth considering if the eToro Copy Trading feature – which allows you to copy other eToro users like-for-like.
Pros
- Invest in cryptocurrencies on a spread-only basis
- Top-rated cryptocurrency wallet app on Android and iOS
- Minimum investment per trade from just $25
- Supports debit/credit cards, e-wallets, and local bank transfers
- Regulated by the FCA, CySEC, and ASIC
- Used by over 20 million people
- Perfect for beginners
- Social and copy trading tools
Cons
- Perhaps too basic for technical traders
- No support for MT4 or MT5
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
2. Coinbase – Best XRP Wallet for Beginners
Next up we have Coinbase – which is one of the best Ripple wallets in the UK for beginners. The platform is home to over 56 million traders from across the world and its parent company – Coinbase Global Inc, is a publicly-listed on the NASDAQ exchange in the US. As such, you can be sure you are using a legitimate provider when choosing Coinbase. In terms of its XRP wallet, you have two options in this respect.
The one you go with will ultimately depend on your skillset and personal preference. For instance, many traders in the UK will look to buy Ripple from Coinbase and the store the XRP tokens in the platform’s web-wallet. This means that you can access your digital funds by simply logging into your Coinbase account – which you can do from any desktop or mobile web browser. 98% of client digital funds stored via Coinbase web wallets are kept offline – which is a major safeguard.
The other option is to download the Coinbase mobile wallet. This will see you take 100% responsibility over your private keys – which will likely suit those with more experience in this cryptocurrency space. The Coinbase wallet mobile app can be downloaded free of charge and it is compatible with both iOS and Android. The wallet allows you to buy, sell, and trade digital currencies from within the app. You will, however, need to go through a KYC process to benefit from fiat currency facilities.
Pros
- One of the most popular cryptocurrency exchanges
- Mobile wallet on iOS and Android devices – control your private keys
- More than 56 million users
- Supports instant debit card purchases
- Dozens of digital currencies to choose from
- Institutional-grade security practices
Cons
- Debit card deposits are expensive at 3.99%
- You will pay a standard trading commission of 1.49%
at eToro, the UKs #1 Broker
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
3. OKEx – Recommended Ripple Wallet for Features and Tools
If you’re based in the UK and looking for a top-rated Ripple wallet that comes packed with features – OKEx might be worth considering. The provider behind the wallet is a popular global cryptocurrency exchange with over 20 million clients. The platform – which is available both online and via a mobile app, allows you to buy, sell, and trade hundreds of digital currencies at a commission rate of just 0.10%.
Although some traders will look to keep their XRP tokens in the OKEx web wallet, this isn’t the safest option available. Instead, it’s best to download the OKEx mobile wallet – which gives you full control over your XRP tokens. This is because the wallet gives you 100% ownership of your private keys. While this ensures that your XRP tokens are kept separate from that of OKEx, you do need to ensure that you keep your wallet credentials safe. After all, if you lose your private keys – OKEx will not be able to help you recover them.
In terms of core features, the OKEx wallet allows you to buy cryptocurrencies from within the app. Once you have you have submitted some personal information and uploaded a copy of your ID – you can fund your digital asset investments with a UK debit/credit card. The wallet also supports alternative digital assets – such as NFTs (non-fungible tokens) and DeFi (decentralized finance) coins. The OKEx wallet also comes with interest-earning opportunities. XRP attracts an interest rate of just 0.47% annually, but other tokens yield in excess of 10%.
Pros
- Trusted crypto exchange with over 20 million users
- More than 400+ digital currency pairs
- Buy and sell cryptocurrencies with a debit/credit card or bank transfer
- Low commissions that start from 0.1%
- Fully-fledged mobile app on Android and iOS
- Great reputation and highly secure
Cons
- Debit/credit card fees could be more competitive
- Derivative products are too complex for beginners
at eToro, the UK’s #1 Broker
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
4. Binance – Best Ripple Wallet in the UK for Asset Diversity
Binance offers one of the best Ripple wallets UK for those of you that wish to create a highly diverse portfolio of digital tokens. After all, it can be cumbersome to manage multiple wallets for each of your crypto asset investments. Instead, by choosing Binance and its hugely popular Trust Wallet, you can safely store all of your cryptocurrencies in one place.
The Trust Wallet is free to download on both iOS and Android devices and comes packed with additional features. For example, you can buy digital tokens with a debit or credit card once you have uploaded a copy of your passport or driver’s license. There is also an instant convert feature, which allows you to swap one digital currency into another at the click of a button. If you’re interested in adding some DeFi coins to your crypto portfolio, the Trust Wallet gives you direct access to Pancakeswap – which is a popular decentralized cryptocurrency exchange.
The other option you have is to store your XRP tokens on the main Binance website through its web wallet. This is a custodial wallet, which means that Binance is responsible for keeping your private keys safe. The Binance web wallet comes with various security features – such as two-factor authentication (2FA) and device whitelisting. The vast majority of digital funds are kept in cold storage too – meaning that the XRP wallet is kept offline.
Pros
- Facilitates billions of dollars in daily trading volume
- Supports hundreds of digital asset pairs
- Near-instant deposits via debit/credit cards
- Trading commission starts at just 0.1% per slide
- Offers crypto savings accounts
- Ideal for both beginners and experienced traders alike
Cons
- Not all supported cryptocurrencies can be purchased with a debit/credit card
- No e-wallet deposits or withdrawals
at eToro, the UK’s #1 Broker
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
5. Coinjar – Good Ripple Wallet When Buying and Selling Small Amounts
Coinjar is a user-friendly cryptocurrency exchange and broker that allows you to invest in digital tokens with small amounts. In fact, if you’ve yet to invest in Ripple – Coinjar enables you to buy XRP tokens at a minimum purchase of just £5. Once the investment is made, the XRP tokens will be added to your Ripple wallet instantly – which can be accessed via your Coinjar account. You can, however, also download the Coinjar app – which doubles up as an exchange and bitcoin wallet.
This allows you to access your XRP tokens at the click of a button. You can also buy, sell, and trade cryptocurrencies from within the Coinjar wallet app and easily view the value of your investments in real-time. If you want to buy additional digital tokens, Coinjar supports dozens of crypto assets. This includes both small-cap and large-cap projects, alongside several Defi Coins. If you want to purchase cryptocurrencies with pounds and pence, the Coinjar app supports debit and credit card payments.
Once again, this will require you to go through a quick KYC process. The fees to buy digital tokens with Visa or MasterCard are 2%. If you fund your account via a bank transfer, there are no deposit fees. Instead, you will pay a small commission of 1%. Perhaps the main drawback with the Ripple wallet offered by Coinjar is that it doesn’t offer the same level of security controls as seen with other providers. Instead, the wallet is more conducive for storing a small amount of XRP tokens in a simple and convenient way.
Pros
- Has been active in the crypto brokerage arena since 2013
- Very user-friendly platform – so perfect for beginners
- Mininmum deposit of just £5
- No fees to deposit funds via bank transfer
- Debit/credit cards also supported
- Top-rated mobile app
Cons
- Too basic for experienced cryptocurrency traders
at eToro, the UKs #1 Broker
Cryptoassets are highly volatile unregulated investment products. No EU investor protection
What is a Ripple Wallet UK?
In the traditional world of finance, we store cash in bank accounts for safekeeping. However, when it comes to cryptocurrencies like XRP – we need to store the funds in a digital wallet. Ripple wallets not only allow you to store your XRP tokens securely, but also send and receive funds. For example, if you wanted to transfer some XRP tokens to another user, you would need to complete the transaction from within your XRP wallet.
As we cover in more detail shortly, there are several different types of Ripple wallets in the UK. For instance, you might decide to download your chosen XRP wallet to your Android or iOS phone via an app. Or, if you don’t feel comfortable looking after your private keys – which is comparable to a password, you might keep your XRP tokens at the exchange or broker that you purchased them from.
Either way, when you first set your Ripple wallet, you will be given a ‘public address’. In its most basic form, this is not too dissimilar to a bank account number and sort code. This is because the public address is what you need to provide when you want to transfer XRP tokens into your Ripple wallet.
We should also note that the best Ripple wallets in the UK come with additional features and tools. This often includes the ability to buy, sell, and trade digital currencies without leaving the wallet. You can also check the value of your XRP investment in real-time and even access passive investment tools like Copy Trading and savings accounts. More on this later.
How to Find the Best Ripple Wallet UK
Ripple has been a top-10 digital currency in terms of market capitalization since it was launched in 2012. In fact, at its peak, the cryptocurrency carried a valuation of over $120 billion (about £85 billion). With this in mind, it makes sense that there are hundreds of wallets that support XRP tokens. This means that you should spend some time researching the many Ripple wallets available to ensure you choose the right one.
Below we discuss the main factors that need to be considered in your search for the best Ripple wallet UK for your needs.
Safety
Make no mistake about it – the primary function of a Ripple wallet is to keep your XRP tokens safe. This sentiment could not be more fitting in the cryptocurrency industry – as hackers will often target digital wallets as a means to steal funds. As such, if your chosen Ripple wallet does not come with sufficient security protocols, your XRP tokens are at risk of theft.
When researching the best XRP wallets in the UK – we found that the following safety nets are crucial in keeping your digital funds away from remote hackers.
Regulation
Very few Ripple wallets benefit from a regulatory license.
- As per our own findings, the only exception to this is the eToro wallet – which is regulated by the Gibraltar Financial Services Commission (GFSC).
- Furthermore, the eToro brokerage platform that backs the XRP wallet is authorized and regulated by the Financial Conduct Authority (FCA).
- This means that by choosing eToro as your go-to Ripple wallet, you can be sure that you are using a trusted and legitimate provider.
Take note, most Ripple wallets in the UK operate in an unlicensed manner – so be sure to check this before depositing your XRP tokens.
Two-Factor Authentication (2FA)
A really effective way of keeping your XRP tokens away from the wrong hands is to choose a Ripple (XRP) wallet that offers two-factor authentication (2FA). For those unaware, this adds an extra layer of security on your Ripple wallet – as you will be required to enter a unique code on each login attempt.
The code will either be sent to your mobile phone via SMS or obtainable through the Google Authenticator app. In theory, this means that even if somebody was able to obtain your Ripple wallet password or PIN, access would still not be possible unless they were in possession of your mobile device.
IP and Device Whitelisting
Another top security feature offered by the best Ripple wallets UK is that of whitelisting. This often comes in two forms. First, you have IP address whitelisting,. which will require you to go through an extra security step when you attempt to access your wallet from a new WiFi location.
Second, you have device whitelisting – which requires an additional confirmation step when you access the Ripple wallet from a mobile phone or desktop computer that hasn’t previously been used.
Custodial or Non-Custodial
You then need to consider whether your chosen Ripple storage facility is a custodial or non-custodial wallet.
For those unaware of these terms, see the below:
- Custodial: This Ripple wallet type will see you take 100% control over your XRP tokens. This is because you, and only you, will have access to your wallet’s private keys.
- Non-Custodial: If your XRP wallet is non-custodial, this means that a third-party will look after your private keys for you. This will usually be the exchange or broker that you purchased the XRP tokens from.
The wallet type that you opt for will ultimately depend on whether or not you want to have the burden of safeguarding your private keys.
Device Type
Ripple wallets can be accessed across many device types. This includes wallets that are managed through a web browser, mobile app, desktop software, or a hardware device. Each Ripple wallet type comes with varying levels of security and convenience – which we briefly touch on below.
- Web Wallet: If you buy XRP from an exchange or broker, you will usually have the option of keeping the tokens within the provider’s web wallet. This is arguably the most convenient option, as you simply need to log in to your account to access your funds. However, if the exchange or broker is hacked remotely, your XRP tokens are at risk of theft.
- Mobile App: One of the best storage options you have is to keep your XRP tokens within a mobile wallet. You can usually download the wallet to an Android or iOS device via a mobile app. You will benefit from security features like fingerprint ID and 2FA, alongside the convenience of having access to your XRP tokens at the click of a button.
- Desktop Wallet: This Ripple wallet type is useful if you want to connect directly to the blockchain. Although desktop wallets are safe when the correct security protocols are followed, you do run the risk of suffering a remote hack. As such, this option is best suited for those with knowledge of wallet security.
- Hardware Wallet: Hardware wallets are by far the most secure way of storing your XRP tokens. The tokens will be kept offline at all times and are safely stored within a physical device. The only time you need to communicate with the blockchain is when you decide to send XRP tokens to another wallet. Even if your hardware wallet is lost or stolen, you can still recover the digital funds via a backup passphrase.
We should note that the best Ripple wallets in the UK are compatible with various device types that are linked to one another. For example, you might be able to access your digital funds through both a mobile app and a web wallet.
Fees
We don’t really need to go into too much detail regarding fees, as virtually all Ripple wallets in the UK are free to use. Perhaps the main exception to this rule is a hardware wallet.
This is because you will need to purchase the physical device from the manufacturer in question. Other than that, it’s generally free to store your Ripple tokens in a wallet – irrespective of the device type.
Features
We found that the best UK Ripple wallets offer features in addition to just storage.
This is inclusive of:
Buy and Sell Crypto
The best XRP wallets in the UK allow you to buy and sell digital tokens through a single hub. For example, if you elect to download the eToro wallet app, you can access over 120 digital currencies.
These crypto-assets can be purchased in real-time with a debit/credit card or e-wallet – which is super-convenient. After all, it avoids the need to visit a third-party broker or exchange to buy your chosen cryptocurrency and then manually transfer the tokens to your wallet.
Convert Crypto
It’s also handy when your chosen Ripple wallet provider offers a one-click conversion tool. This enables you to swap one digital token into another without leaving the wallet. For instance, you might want to swap XRP into Bitcoin, or Ethereum into Litecoin.
Real-Time Portfolio
The cryptocurrency markets can move at an incredibly fast pace, so it’s best to keep tabs on how your investments are performing on a regular basis. As such, the best Ripple wallets in the UK offer real-time portfolio management.
All you need to do is open the wallet and you should be able to view an approximate valuation of your XRP tokens in terms of pounds and pence.
dApps
Some XRP wallets also give you direct access to third-party dApps (decentralized applications). For instance, the Trust Wallet – which is backed by Binance, allows you to connect to Pancakeswap. This is a DEX that allows you to buy, sell, and trade hundreds of digital currencies without using a third-party intermediary.
Supported Cryptocurrencies
On the one hand, you are here reading this guide because you are looking for the best Ripple wallets in the UK. However, you might also be in possession of other digital tokens – such as Bitcoin, EOS, or AAVE. Either way, if you have a collection of different digital assets – it’s wise to choose a wallet that allows you to store all of them in one safe place.
Otherwise, you will need to manually manage multiple wallets – which can cumbersome. This is another reason why we think that eToro offers the best Ripple wallet in the UK – not least because it supports over 120 cryptocurrencies.
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CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider. CFDs are complex instruments that have a high risk of losing money quickly due to leverage. 72.6% of retail investor accounts lose money trading CFDs with this provider. CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital. Mobile App Wallet Number of Coins Trading Fees Deposit Fees Withdrawal Fees Bitcoin
Ethereum XRP Litecoin Bitcoin Cash Chainlink Cardano IOTA Binance Coin Stellar EOS Credit Card Paypal Sepa Transfer Skrill Sofort Giropay Neteller |
How to Get Started With the Best XRP Wallet UK
To conclude this guide, we are now going to show you how to get started with the best Ripple wallet in the UK – eToro. The walkthrough below takes you through the steps of opening and verifying an account, downloading the eToro wallet, and finally – adding some XRP tokens.
Step 1: Open a Cryptocurrency Account
By choosing eToro as your go-to Ripple wallet provider – you will be using an entity that is authorized and regulated by the FCA. This is great, as you can be sure that your XRP tokens remain safe at all times. With that said, a major stipulation of the FCA is that all users must open an account and verify their identity.
This should only take you a few minutes at eToro – as the account opening procedure is super easy. All you need to do is enter some personal information alongside your contact details. After choosing a username and password, you will then need to verify your mobile number.
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
Step 2: Complete KYC Process
The KYC (Know Your Customer) process at eToro is also fast and easy. For this, you simply need to upload a copy of your:
- Passport or driver’s license
- Proof of address (e.g. utility bill or bank account statement)
You won’t need to hang around for the documents to be manually validated – as eToro does this instantly via automated KYC technology.
Step 3: Download eToro Ripple Wallet
You can now proceed to download the eToro Ripple wallet to your iOS or Android device. Although you will find the wallet in the Google Play and App Stores, it’s best to complete the download directly from the eToro website.
This will ensure that you have downloaded the official application and not an imitation. Once installed, open the app and log in with the username and password that you created in Step 1.
Step 4: Add Ripple to eToro Wallet
As you have just downloaded and installed the eToro wallet – it will, of course, be empty. As such, you now need to add some XRP tokens. For this, you have two options and the one you select will depend on whether or not you currently have some XRP tokens stored elsewhere.
For instance, if you have XRP tokens in another wallet, you can transfer them over to eToro. You simply need to copy your unique public address from the eToro app and paste it into your other wallet. Then, confirm the transaction and the XRP tokens should appear in your eToro wallet in less than 10 minutes.
If you do not own any XRP tokens at present – you can purchase some directly from within the eToro wallet app. All you need to do is:
- Deposit funds into your eToro account with a debit/credit card, e-wallet, or bank account transfer
- Search for XRP and click on the ‘Trade’ button
- Enter the amount of XRP tokens you wish to buy
- Confirm the order
Once confirmed, eToro will automatically add the XRP tokens to your XRP wallet app!
Best UK Ripple (XRP) Wallet – Conclusion
This comprehensive guide has covered everything there is to know when choosing the best Ripple wallet UK for you. This includes key features to look out for – such as safety, supported cryptocurrencies, device types, and investment features. We have also reviewed the best Ripple wallets in the UK for 2021 and concluded that eToro stands out from the crowd.
The brokerage behind the eToro wallet is authorized and regulated by the FCA, so you know that you are using a legitimate platform. In addition to XRP, this Ripple wallet also supports 120+ other cryptocurrencies and 500+ trading pairs. We also like the eToro wallet as it allows you to buy, sell,and trade digital currencies without leaving the app!
eToro – Best Ripple (XRP) Wallet UK
FAQ
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