What is a Ripple Wallet?
First things first: what is a Ripple wallet, and what is it used for?
Simply put, a Ripple wallet is a device, an app, or an online service used to receive, store, and manage your crypto.
There's a wide variety of crypto wallets to choose from, but the underlying principle stays the same. Any XRP wallet has a unique public address, used to receive crypto, and a private key used to access and manage it. Your public address can be freely shared, but your private key must be kept safe, since anyone with access to it can access your crypto. Protecting your private key helps prevent unauthorised access to your wallet; it does not protect against changes in Ripple's value or other risks associated with holding cryptoassets.
At Paybis, our online Ripple wallet includes:
- Access directly from your Paybis account
- Full crypto wallet functionality, with no restrictions
- On-chain deposits you can verify using a blockchain explorer
Here's how you can get one.
Figures and examples referenced on this page are for illustrative purposes only and may not reflect current live data.
Identity Verification Required
KYC checks are usually completed within minutes. UK customers must complete additional mandatory steps, including a 24-hour cooling-off period, before making their first transaction. The process is not immediate, and access depends on successful completion of each required step.
Setting Up a Ripple Wallet in the UK
All you need to get a free Ripple wallet with us is a browser and a Paybis profile:
- Log in to your Paybis profile, or click here to create one.
- Go to the "Wallets" tab, or hit the "Open wallet" button.
- Click "Add wallet" to get your free XRP wallet.
UK customers must complete additional mandatory steps, including a 24-hour cooling-off period, before making their first transaction. See "Identity Verification Required" above.
Now that you know what a Ripple wallet is and how to get one, let's look at what you can do with it.
What You Can Do With Your XRP Wallet
A Ripple wallet is used to store your crypto. When you open your Paybis XRP wallet, you can see how much crypto you have, along with a current estimate in fiat currency.
You can use your wallet's public address to receive crypto from other sources, hit the "Deposit" button to view it.
Alternatively, choose to receive XRP directly in your Paybis wallet by default when you check out during a purchase. Any purchase remains subject to eligibility, verification, payment approval, service availability, and transaction limits.
You can also send your crypto to another wallet. Paybis does not charge an additional withdrawal charge; blockchain network fees are payable, may vary, and are shown before you confirm the transfer. See our breakdown of fees for details.
FAQ
What is a Ripple (XRP) wallet address?
Your XRP wallet address is the public part of your wallet, used to receive Ripple. You can share it freely, unlike your private key, which should be kept secret.
How do I access my Ripple wallet?
Log in to your Paybis account and go to the Wallets tab to view and manage your XRP wallet.
Can I store other cryptocurrencies alongside XRP in my Paybis wallet?
Yes. The Paybis Wallet lets you hold multiple cryptocurrencies within the same account, including XRP.
How do I send XRP to another wallet?
Use the recipient's public wallet address to send XRP. Sending is subject to standard blockchain confirmation, and applicable network fees are shown before you confirm the transfer.
