[{"data":1,"prerenderedAt":324},["ShallowReactive",2],{"api/learn-center-post-en-GB-how-to-store-ripple-xrp":3,"en-gb/learn/bitstamp-tutorials/how-to-store-ripple-xrp-en-GB-seo":56,"footer-en-GB":61,"navigation-en-GB-learn-center":234,"api/learn-categories-en-GB":284},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":39,"title":5,"formattedPublishedAt":50,"geofencings":51,"category":52,"pagination":54,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"How to store XRP Ledger (XRP)?","How to store XRP Ledger (XRP)? - Bitstamp Learn Center","XRP Ledger (XRP) can be stored in different ways. You can store your assets in a wallet or choose to store Ripple at a crypto exchange. - Learn more",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_29svg_00c9416ade_c4abd2b9ce.svg","image/svg+xml",".svg",192,108,"1920x1080px_illustrations_learningcenter_29svg_00c9416ade.svg","",[],[20,23,26],{"pathname":21,"locale":22},"/learn/bitstamp-tutorials/how-to-store-ripple-xrp/","en",{"pathname":24,"locale":25},"/es/learn/bitstamp-tutorials/how-to-store-ripple-xrp/","es",{"pathname":27,"locale":28},"/en-gb/learn/bitstamp-tutorials/how-to-store-ripple-xrp/","en-GB",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/bitstamp-tutorials/","Tutorials",true,{"id":35,"text":5,"url":27,"asUrl":36},"how-to-store-ripple-xrp",false,"\u003Cp>If you own \u003Ca href=\"/en-gb/learn/cryptocurrency-guide/what-is-ripple-xrp/\">XRP\u003C/a>, or if you are considering buying some, the first thing you should determine is where you will store your digital assets. As is the case with other major cryptocurrencies, such as \u003Ca href=\"/en-gb/learn/cryptocurrency-guide/what-is-bitcoin-btc/\">BTC\u003C/a> and \u003Ca href=\"/en-gb/learn/cryptocurrency-guide/what-is-ethereum-eth/\">ETH\u003C/a>, XRP can be stored in different ways. You might opt to store your assets in a \u003Ca href=\"/en-gb/learn/bitstamp-tutorials/how-to-securely-store-crypto/\">wallet – any of the multiple types, including paper, software and hardware wallets\u003C/a> – or you might choose to store your XRP at a \u003Ca href=\"/en-gb/learn/crypto-trading/how-does-a-crypto-exchange-work/\">crypto exchange\u003C/a>.\u003C/p>\n",{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},[40],{"component":41,"props":42,"content":43,"secondaryContent":47,"ctas":48,"secondaryCtas":49,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":44,"width":45,"align":46},"\u003Cp>If you own \u003Ca href=\"/en-gb/learn/cryptocurrency-guide/what-is-ripple-xrp/\">XRP\u003C/a>, or if you are considering buying some, the first thing you should determine is where you will store your digital assets. As is the case with other major cryptocurrencies, such as \u003Ca href=\"/en-gb/learn/cryptocurrency-guide/what-is-bitcoin-btc/\">BTC\u003C/a> and \u003Ca href=\"/en-gb/learn/cryptocurrency-guide/what-is-ethereum-eth/\">ETH\u003C/a>, XRP can be stored in different ways. You might opt to store your assets in a \u003Ca href=\"/en-gb/learn/bitstamp-tutorials/how-to-securely-store-crypto/\">wallet – any of the multiple types, including paper, software and hardware wallets\u003C/a> – or you might choose to store your XRP at a \u003Ca href=\"/en-gb/learn/crypto-trading/how-does-a-crypto-exchange-work/\">crypto exchange\u003C/a>.\u003C/p>\n\u003Cp>The two options differ and there are advantages and disadvantages to each. Perhaps the most notable difference is in the fees encountered when you want to store your XRP at your own wallet address, instead of at a crypto exchange address. This article sheds light on the two storage options available to XRP traders. It will familiarize you with the main aspects of secure and economical XRP storage.\u003C/p>\n\u003Ch3>XRP Storage Essentials\u003C/h3>\n\u003Cul>\n\u003Cli>Like other cryptocurrencies, XRP is stored in wallets (paper, software and hardware wallets).\u003C/li>\n\u003Cli>Booking a new XRP wallet address costs 20 XRP.\u003C/li>\n\u003Cli>This reserve requirement of 20 XRP can never be withdrawn from the wallet.\u003C/li>\n\u003Cli>The XRP reserve requirement can be avoided by storing your XRP at a crypto exchange, which stores your crypto at their wallet addresses.\u003C/li>\n\u003C/ul>\n\u003Ch2>Storing XRP in wallets\u003C/h2>\n\u003Cp>As is the case with other cryptocurrencies, XRP can be stored in a variety of different wallets. From plain \u003Cstrong>paper wallets\u003C/strong> and \u003Cstrong>software wallets\u003C/strong> – specifically desktop and mobile wallets – to \u003Cstrong>hardware wallets\u003C/strong> in the form of flash drives. But since electronic wallets can be hacked, some see the paper wallet as a very secure way of storing crypto. This is, of course, provided that you keep your \u003Ca href=\"/en-gb/learn/security/what-are-private-and-public-keys/\">public and private keys\u003C/a> tucked away in a safe place.\u003C/p>\n\u003Cp>Practicality, however, can sometimes outweigh security. Thus, if you intend to trade XRP frequently, you might consider using a software or hardware wallet instead of a paper wallet. This is because paper wallets require you to transfer your public and private keys to a software wallet before any crypto trading can take place.\u003C/p>\n\u003Cp>So far, it may seem as though XRP wallets are no different from other wallets. But there is a catch. Storage of XRP comes at a price. Unlike with other crypto wallets, a reserve requirement of 20 XRP is needed to book a new XRP wallet address. If you buy 100 XRP and add it to a new wallet, 20 XRP will be locked to obtain the address of the new wallet. This means that you will only ever be able to use 80 of the 100 XRP you have bought. So unless you have a really good motive for doing so, opening multiple XRP wallets might be a waste of XRP.\u003C/p>\n\u003Ch2>Storing XRP at a crypto exchange\u003C/h2>\n\u003Cp>There is a way of getting around the reserve requirement associated with cold storage of XRP. Instead of storing your XRP in an external wallet, you can also store it at a crypto exchange. Some exchange platforms open new wallet addresses to store their customers’ cryptocurrencies. Other exchanges do not. Bitstamp by Robinhood is one of them.\u003C/p>\n\u003Cp>Click here to \u003Ca href=\"/markets/xrp/eur/\">buy XRP ledger with euro XRP/EUR\u003C/a>\u003C/p>\n\u003Cp>Click here to \u003Ca href=\"/markets/xrp/usd/\">buy XRP Ledger with dollar XRP/USD\u003C/a>\u003C/p>\n\u003Cp>Bitstamp by Robinhood stores their customers’ crypto at the exchange platform’s existing, main deposit addresses (mostly in cold storage). Thus, if you store your XRP with Bitstamp by Robinhood, you will avoid having to pay the 20 XRP reserve requirement yourself. The fee has already been covered by the exchange.\u003C/p>\n\u003Cp>Thus, if you wish to embark on an XRP journey, look no further. \u003Ca href=\"/account/register/\">Register your free Bitstamp by Robinhood account\u003C/a> and start trading crypto today.\u003C/p>\n\u003Cp>This webpage has been approved as a financial promotion by Bitstamp UK Limited which is registered with the UK’s Financial Conduct Authority. Please read the \u003Ca href=\"/legal/risk-warning/\" rel=\"nofollow\">Risk Warning Statement\u003C/a> before investing. Cryptoassets and cryptoasset services are not regulated by the Financial Conduct Authority. You are unlikely to be protected if something goes wrong. Your investment may go down as well as up. You may be liable to pay Capital Gains Tax on any profits you earn.\u003C/p>\n","full","left",{"text":17},[],[],"July 29th, 2024",{},{"title":32,"url":31,"geofencings":53},{},{"previous":55,"next":8},"/en-gb/learn/bitstamp-tutorials/how-to-store-ethereum-eth/",{"description":7,"ogDescription":7,"ogImage":57,"twitterImage":57,"twitterSite":58,"twitterCreator":58,"twitterCard":59,"twitterTitle":6,"twitterDescription":7,"titleTemplate":60},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/1920x1080px_illustrations_learningcenter_29svg_00c9416ade_c4abd2b9ce.png","@Bitstamp","summary_large_image","%s",{"ready":33,"sections":62,"disclaimer":232,"copyright":233},[63,101,114,137,174,193],{"title":64,"content":17,"items":65},"About",[66,71,76,81,86,91,96],{"noFollow":33,"isExternal":36,"name":67,"value":68,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":69,"geofencings":70},"Who We 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Pulse","/crypto-pulse/",{},{},{"title":175,"content":17,"items":176},"Address",[177,181,185,189],{"noFollow":36,"isExternal":36,"name":178,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":179,"geofencings":180},"Bitstamp Ltd",{},{},{"noFollow":36,"isExternal":36,"name":182,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":183,"geofencings":184},"5 New Street Square",{},{},{"noFollow":36,"isExternal":36,"name":186,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":187,"geofencings":188},"London, EC4A 3TW",{},{},{"noFollow":36,"isExternal":36,"name":190,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":191,"geofencings":192},"United Kingdom",{},{},{"title":194,"content":17,"items":195},"Contact",[196,201,205,209,213,217,222,227],{"noFollow":36,"isExternal":36,"name":197,"value":198,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":199,"geofencings":200},"Customer support","/customer-support/",{},{},{"noFollow":36,"isExternal":36,"name":202,"value":202,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":203,"geofencings":204},"info@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":206,"value":206,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":207,"geofencings":208},"press@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":210,"value":210,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":211,"geofencings":212},"support@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":214,"value":214,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":215,"geofencings":216},"complaints@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":218,"value":219,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":220,"geofencings":221},"+44 20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":223,"value":224,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":225,"geofencings":226},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":228,"value":229,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":230,"geofencings":231},"+352 20 88 10 96","+35220881096",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"items":235,"ready":33,"platformButtonText":280,"backButtonText":281,"logInButtonText":282,"signUpButtonText":283},[236,241,246,249,253,258,263,266,271,276],{"headerName":237,"sidemenuName":118,"url":238,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":239,"submenu":240,"tag":17},"Institutions","/en-gb/institutional-trading/",{},[],{"headerName":242,"sidemenuName":242,"url":243,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":244,"submenu":245,"tag":17},"Derivatives","/perpetual-futures/",{},[],{"headerName":133,"sidemenuName":133,"url":134,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":247,"submenu":248,"tag":17},{},[],{"headerName":250,"sidemenuName":250,"url":106,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":251,"submenu":252,"tag":17},"Mobile App",{},[],{"headerName":254,"sidemenuName":254,"url":255,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":256,"submenu":257,"tag":17},"Markets","/markets/",{},[],{"headerName":259,"sidemenuName":259,"url":260,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":261,"submenu":262,"tag":17},"Earn Stake","/en-gb/crypto-staking/",{},[],{"headerName":110,"sidemenuName":110,"url":111,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":264,"submenu":265,"tag":17},{},[],{"headerName":267,"sidemenuName":267,"url":268,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":269,"submenu":270,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":272,"sidemenuName":272,"url":273,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":274,"submenu":275,"tag":17},"Learn","/learn/",{},[],{"headerName":277,"sidemenuName":277,"url":106,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":278,"submenu":279,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[285,289,293,297,301,305,309,313,317,320],{"title":286,"url":287,"geofencings":288},"Blockchain technology","/en-gb/learn/blockchain/",{},{"title":290,"url":291,"geofencings":292},"Company profiles","/en-gb/learn/company-profiles/",{},{"title":294,"url":295,"geofencings":296},"Crypto 101","/en-gb/learn/crypto-101/",{},{"title":298,"url":299,"geofencings":300},"Crypto definitions","/en-gb/learn/crypto-definitions/",{},{"title":302,"url":303,"geofencings":304},"Crypto trading","/en-gb/learn/crypto-trading/",{},{"title":306,"url":307,"geofencings":308},"Cryptocurrency guide","/en-gb/learn/cryptocurrency-guide/",{},{"title":310,"url":311,"geofencings":312},"People profiles","/en-gb/learn/people-profiles/",{},{"title":314,"url":315,"geofencings":316},"Security","/en-gb/learn/security/",{},{"title":32,"url":318,"geofencings":319},"/en-gb/learn/bitstamp-tutorials/",{},{"title":321,"url":322,"geofencings":323},"Web3","/en-gb/learn/web3/",{},1772794151111]