How to Create a Cold/Paper Wallet for XRP

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Introduction

Hey crypto investors!

Today, I’ll guide you through creating an XRP cold/paper wallet in under a minute. This secure method keeps your XRP offline, away from exchange vulnerabilities. Let’s dive in!

Step-by-Step Guide to Creating Your XRP Cold Wallet

  1. Access the Minimalist Ripple Client

  2. Go Offline

    • Disconnect your device from the internet to enhance security.
  3. Generate Identity

    • Click «Generate Identity» to create your XRP address (starting with "r").
  4. Reveal Your Secret Key

    • Click «Show/hide secret» to generate a private key. Never share this!
  5. Secure Your Keys

    • Save both keys (public address + private key) in multiple safe formats:

      • Write them on paper.
      • Store in an encrypted USB drive.
      • Use a password-protected document.
  6. Activate Your Wallet

    • Deposit at least 20 XRP to your public address (no destination tag needed). This reserve is non-refundable and validates your account.
  7. Understand the Balance Display

    • Balances appear in drops (1 XRP = 1,000,000 drops). Don’t be alarmed by large numbers!
  8. Completion

    • Your XRP is now securely stored offline!

👉 Want a hassle-free alternative? Explore secure wallet options here

How to Send XRP from Your Cold Wallet

  1. Go Online

    • Reconnect to the internet.
  2. Enter Your Secret Key

    • Paste your private key into «Show/hide secret» and click «Set Identity».
  3. Connect to Ripple

    • Click «Connect to Ripple» to link to the network.
  4. Initiate Transfer

    • Enter the XRP amount (without zeros) in «Send payment».
    • Select «direct xrp→xrp».
  5. Enter Destination Details

    • Input the recipient’s XRP address under «Destination».
    • Add a destination tag if required (via «Use optional fields»).
  6. Send

    • Confirm with «Send». Transactions typically complete in seconds!

Key Considerations

FAQ Section

Q: Can I recover my XRP if I lose my private key?

A: No. Cold wallets offer no recovery options—secure your keys meticulously.

Q: Why does my balance show extra zeros?

A: Ripple displays balances in drops (1 XRP = 1M drops). Ignore the zeros!

Q: Is the Minimalist Ripple Client safe?

A: Yes, but always verify URLs and use offline steps for maximum security.

Q: Can I reduce the 20 XRP reserve later?

A: Currently, no. Ripple may adjust this in the future.

👉 Discover advanced wallet features here

References


For further questions, drop a comment below. Stay secure and happy investing! 🚀