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FreeMedium RiskEthereum, Base, Arbitrum, Optimism, Polygon, BNB Chain, Zora and other EVM networks$RNBWFeaturedVerified

Rainbow Wallet

Self-custodial Ethereum wallet for crypto, NFTs, swaps and Web3 apps

4.5/5

Potential

Clean UX with strong Ethereum and multi-chain support

Free wallet with no subscription required. Users still pay applicable blockchain gas fees and may pay fees charged by swap or fiat on-ramp providers.

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Potential

Clean UX with strong Ethereum and multi-chain support

Risk

Medium Risk

Rating

4.5/5

Best For

Ethereum and EVM users looking for a simple self-custodial wallet

Users

2M+

Networks

10+

Wallet Overview

Rainbow is a self-custodial crypto wallet designed primarily for Ethereum and the wider EVM ecosystem. It lets users store and manage crypto and NFTs, connect to decentralized applications, swap tokens, bridge assets between supported networks and buy crypto directly through integrated on-ramp providers. Rainbow also supports networks including Ethereum, Base, Arbitrum, Optimism, Polygon, BNB Chain and Zora. Because it is self-custodial, Rainbow does not control users' private keys or funds.

Responsive

🛂 Eligibility Requirements

walletCreate or import a wallet
walletSecurely back up your recovery phrase

Our Take

Rainbow is one of the stronger choices for users who primarily interact with Ethereum and EVM-based Web3. Its clean interface, NFT support, built-in swaps, bridging and self-custody make it particularly appealing as a daily-use wallet. It is less compelling for users who want broad native support across completely unrelated blockchain ecosystems, although Rainbow has been expanding its capabilities.

Pros

Excellent user interface
Strong Ethereum and EVM support
Built-in swaps and bridging
NFT-friendly
Self-custodial
Fiat on-ramping available

Cons

Primarily focused on EVM ecosystems
Users are responsible for securing their recovery phrase
Blockchain gas fees still apply
Some features and services can involve additional fees

Setup Guide

1
Download Rainbow from the official website or supported app store
2
Create a new wallet or import an existing wallet
3
Securely back up your recovery phrase
4
Fund the wallet with supported crypto
5
Connect Rainbow to Web3 apps or use the built-in swap and other features

🌐 Official Links & Community

twitter website

Common Questions

Is Rainbow Wallet free?

Yes. Creating and using a Rainbow wallet is free, although blockchain gas fees and certain third-party service fees can apply.

Is Rainbow Wallet self-custodial?

Yes. Rainbow does not have access to your private keys or recovery phrase, so users are responsible for securing their wallet credentials.

What networks does Rainbow Wallet support?

Rainbow supports Ethereum and multiple EVM networks including Base, Arbitrum, Optimism, Polygon, BNB Chain and Zora.

Does Rainbow Wallet support NFTs?

Yes. NFTs are a major part of Rainbow's wallet experience and it supports collecting and managing Ethereum-based NFTs.

Does Rainbow Wallet have a token?

Yes. Rainbow launched the $RNBW token in February 2026 and introduced RNBW staking in April 2026.

Can I buy crypto directly through Rainbow?

Yes. Rainbow supports fiat-to-crypto purchases through providers including Ramp, MoonPay and Coinbase Pay, with availability depending on the user's country and payment method.

Is Rainbow Wallet available on mobile?

Yes. Rainbow is available as a mobile wallet and also offers a browser extension.

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