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Wallet review

Rainbow

The friendliest EVM wallet for people who find crypto interfaces cold.

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By the Orca Crypto teamUpdated 2026-09-02How we check this4 min read
The short answer

Rainbow is a browser and mobile wallet supporting Ethereum, Base, Optimism, Arbitrum, Polygon, Zora. The friendliest EVM wallet for people who find crypto interfaces cold.

What it is

The friendliest EVM wallet for people who find crypto interfaces cold.

PropertyDetail
TypeBrowser and mobile
NetworksEthereum, Base, Optimism, Arbitrum, Polygon, Zora
CustodySelf custody
CostFree
Hardware wallet supportYes

What it does well

Delightful design, clear language, good NFT display.

Where it falls short

Fewer advanced controls than Rabby.

Worth remembering
We list drawbacks for every wallet because they all have some. A wallet review with no criticism is an advertisement.

Setting it up safely

  1. Download from the official source only

    Type the URL or use a bookmark. Fake wallet extensions and fake apps are a persistent and effective attack. Check the publisher and the install count before adding any browser extension.

  2. Create a new wallet

    You will be shown a recovery phrase. This is the most important moment of the process.

  3. Write the recovery phrase on paper

    By hand, numbered, two copies in two locations. Never a photo, never a notes app, never a cloud drive, never typed into any website. See seed phrase security.

  4. Verify the backup

    The wallet asks you to re enter some words. Do it honestly rather than screenshotting, because this is your only test that the backup works.

  5. Send a small test amount first

    Five dollars. Confirm it arrives. Then send the rest.

Using it with a hardware wallet

Rainbow works with Ledger and other hardware wallets. You get the Rainbow interface while the private key stays inside the hardware device, which is the best of both.

Common questions

Is Rainbow only for people new to crypto?
It is built to be approachable and it is a full featured EVM wallet underneath, with hardware wallet support and transaction simulation. The friendly interface is not a limitation.
Does Rainbow support hardware wallets?
Yes, so you can keep the interface and move the keys onto a device once the balance justifies it.

Where to go next

Compared head to head

The question people actually ask is not "what is this" but "this one or that one". Each of these ends with a pick and the reasoning behind it.

Set up Rainbow with us

Installed from the right source, seed phrase backed up correctly, hardware paired if you have one, and a test transaction completed together.

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