Rainbow Wallet currently supports the Ethereum blockchain, and all Ethereum-compatible chains offer swap cryptocurrency online. This article will show you how to download the Rainbow Ethereum Wallet for Android and iPhone devices and important information about Rainbow Wallet.
What Is Rainbow Wallet?
Rainbow is the best Ethereum wallet. It’s a simple and secure way to get started with crypto and explore Ethereum. You can use Rainbow to purchase, manage, and display Ethereum-based assets on mainnet, Optimism, Arbitrum, Polygon, Base, and Zora.
Rainbow Wallet is open source and an active member of the Ethereum community, that’s why it is one of the ecosystem’s most well-loved and trusted wallets.
Is Rainbow Wallet Safe?
Yes, it’s safe, because Rainbow Wallet is a decentralized platform. If you ensure your seed phrase is safe then your fund is safe. Rainbow is open-source and an active member of the Ethereum community. Rainbow Wallet allows you to be in total control of your money.
How to Use the Rainbow Ethereum Wallet?
Rainbow Wallet is the largest international decentralized crypto wallet, it supports Ethereum-based assets on Mainnet, Optimism, Arbitrum, Polygon, Base, Zora, and more. That’s why you must ensure your wallet’s backup seed phrases are safe. Below is a step-by-step guide on how to use the Rainbow Wallet.
- Download the Rainbow Wallet for Android or iPhone devices,
- For new users click the “Get a new wallet“ button, if you already have a wallet then click the “I already have one“ button.
- When you click the Get a new Wallet button, Now your Rainbow Wallet is successfully created.
Below is a screenshot for your better understanding.
Rainbow Wallet Backup your Secret Phrase
The Rainbow Wallet Recovery phrase or private key is the master key to your wallet. Please write down your secret phrase, and store it in a secure offline location! Anyone who has these words can access your entire wallet!
- Now open your wallet tap on the top right “Three dot icon” and click the “Settings” option.
- It will show you a popup warning click the “Back up manually“ button.
- Tap on “Copy to clipboard” Please store it somewhere safe! and click the “I've saved these words“ button. follow the on-screen instructions.
How to join Rainbow Wallet Airdrop
Every Ethereum user has been dropped points today. Claim your points and start earning more by doing the things you already do on-chain.
How to Earn Point
Below is the Rainbow Wallet Airdrop point earning list:
If you use the Ethereum blockchain for any transactions like deposit, withdraw, swap, or Liqiidity, you get to earn Rainbow Points.
If you use the Ethereum blockchain with any wallet like Matamask or Trust Wallet? you get to earn Rainbow Points.
Do a Swap in Metamask? You get to earn extra Rainbow Points.
If you have your own Rainbow NFTs? Yup. You get to earn Rainbow Points.
