Rainbow is a wallet for storing digital assets based on the Ethereum blockchain. The wallet allows you to buy, store, and view cryptocurrency. Rainbow is currently only available for iOS devices, and you can also sign up for the beta test of the Android version.
When logging into the app for the first time, the user will be prompted to create an account. This is created locally on the device and can also be backed up to iCloud. Developers and other users will not be able to access another person’s wallet, because all the keys are stored on the device. To work with Rainbow, the user must purchase ETH to pay the gas fee. This text is from community cryptodefix.com. To buy cryptocurrency in Rainbow, you can use a bank card or Apple Pay. The purchased cryptocurrency can be exchanged for other tokens.
Users can use rainbow as a means of logging in to other cryptocurrency-related sites. For example, they can log in to the Uniswap exchange or the OpenSea NFT marketplace. Rainbow also allows users to store and manage purchased NFTs.
- Managing assets on the Ethereum blockchain
- SWAP tokens
- User verification through the wallet on the sites
- NFT support
- Cryptocurrency purchase via bank cards and Apple Pay
- Backup in iCloud
Asset Management Tools
Have you used the Rainbow crypto project? Leave a review to help people make a decision.