Rainbow Wallet- Unlocking the Colourful World of Crypto!

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Welcome to our latest video, where we dive into the vibrant and user-friendly Rainbow Wallet, your gateway to the ever-expanding universe of Ethereum, NFTs, and Web3!

Transcript

00:00what's up guys welcome back to the channel today i'll be bringing you another really cool tool to

00:08use if you're somebody who wants to make the most out of this crypto space i'm talking about none

00:14other than rainbow wallet which is a pretty cool uh wallet uh that is ethereum based it helps you

00:23to collect nfts and actually just explore web3 in general it's a straightforward kind of

00:29secure platform for establishing an ethereum wallet and doing a whole bunch of things and

00:36it has many cool features which i'll break down in this video and i'll also give you a step-by-step

00:41tutorial of how you can actually use this because it does provide uh fiat to crypto features uh

00:48comprehensive on-ramping solution and options that are tailored uh to any sort of payment method

00:55whether that's apple card ach uh direct transfers from coinbase of coinbase for example debit card

01:02credit cards etc so make sure you hit that like button subscribe to the channel let me know if

01:07you like the type of content that we bring you on this channel and also what other videos you would

01:15like to see here don't forget to always head on over to our main site though which is decentralized

01:20dot news for the best cryptocurrency exchange reviews d5 platform breakdowns nft marketplaces

01:28anything and everything crypto related free resources a whole lot of tools for you to use so

01:34rainbow is what we are focusing on today which facilitates effortless access pretty much to layer

01:40two networks okay because we do know if you've been playing around in the crypto space recently or a long

01:47time you realize that when it's a bull market like this you start to see those ethereum fees skyrocket

01:55and that doesn't always make you happy because we're all in this to maximize on the gains we want to be

02:02paying as little fees as possible so these tools like rainbow that help you really get to any layer two

02:08network easily based on your selected providers you're able to directly on ramp into pretty much any

02:16network that's supported by rainbow and they do support obviously the ethereum mainnet optimism

02:22arbitram polygon binding smart chain base as well and they do collaborate with uh different on rep

02:30on ramp associates like ramp moon pay coinbase pay which also makes it possible for you to swap

02:37on rainbow uh with efficiency and you know they also have an on-chain strategy to pretty much secure the

02:44most competitive swap rates that are available and bring them to you the innovative rainbow router

02:50contract is also now operational on the ethereum mainnet arbitram optimism polygon and with support

02:57from an expanding a network of decentralized exchanges they are actually able to tap into available liquidity

03:05for any specific token to execute the swaps for use of rainbow does consolidate various liquidity

03:13resources and actually ensures a smooth process that does deliver the optimal exchange rate for you

03:22guys so if you want to be trading doing swapping especially if you want to use these non-custodial

03:27platforms this is the type of thing that you need to be looking into so rainbow does also assist you in

03:33achieving kind of the desired output for your swaps you can specify the exact token amount that you

03:40actually wish to obtain and it'll just adjust the gas fee and slippage cost to make sure it hits that target

03:46for you so you don't have to worry about network congestion liquidity variations or dex charges which

03:54is uh pretty good because you know me i'm always pushing you guys to uh literally use non-custodial

04:00wallets if you want to check out some of my favorite non-custodial on chain like a hot wallets like

04:06uh uh exodus argent uh zango uh a lot of these metamask if you swap they you know you want to be looking

04:16into something like rainbow because then all of these what the distinguisher between these different

04:23so non-custodial swapping solutions is the fact that you know whoever is able to actually make sure

04:30they're giving you the best rate for that swap is really where you want to be so rainbow does support

04:36in-app swap cross-chain and uh also bridging and uh let's talk about how to actually use the platform

04:43follow with me there's a link in the description to the full article if you want to see step by step how

04:48i do uh my uh use of rainbow so just go to the official site if you don't already have rainbow.me

04:56choose the web browser that you like to add the extension to obviously you can use it on chrome

05:01brave edge firefox uh ark safari all of those so in this demonstration we are using brave browser okay

05:09so add you know rainbow to your browser once you've added that extension you can now create a wallet okay

05:16so you'll be able to then kind of explore the world of ethereum don't forget obviously to back up your

05:22secret key your secret phrase in case you need to recover your wallet later or on another device so

05:27make sure you set your passwords etc and now your wallet is ready to use what's really cool about

05:33rainbow is to use it it's a lot of uh kind of uh shortcuts that you have to use with the interface

05:41okay so if you want to open rainbow you just uh literally uh shift and you use the other two commands

05:49there and you are pretty much they so they have a comprehensive uh kind of uh tutorial as well on

05:55the different kind of shortcuts that you can use for different activities so that could be uh you know

06:02your call one of features uh your token swaps sending viewing via ether scan or whatever any activities

06:09like uh you want to do one switching dap connection prompts all of that and also you can also see the

06:17fear to crypto providers that they have you can actually see the fees the networks and how soon

06:23you are actually able to get your funds for example we're using ramp or globally you can use apple pay

06:30paying 2.2.49 4.9 percent thereabouts obviously this is fear to crypto on ramping mainnet on polygon

06:39optimism abitron base all of these and instantly within 10 minutes you'll be able to get your funds they

06:46also use other providers like i said they are available usa india nigeria in the uk in the eea

06:55switzerland monaco japan you're able to use it all across the board pretty much so if you want to find

07:02your wallets you can also claim uh your points if you have a referral code and in this demonstration we're

07:09actually going to find the wallet using crypto from another wallet it's easier to just send crypto to

07:14crypto test it and we're going to use a little micro transaction here of ethereum on arbitram we send

07:21it to rainbow as you can see here it got confirmed and the transaction was successful now we've got some

07:29ethereum on arbitram in our rainbow wallet so it's a very incredible tool for everybody who wants reliable

07:36wallets with multi-chain support and uh it has uh quite some amazing capabilities that can help you

07:43explore web 3 with ease in addition to their browse extension rainbow is also available on the mobile

07:49version available on apple on android and uh you can also uh expect to see me maybe cover the mobile

07:58version tutorial very soon so let me know what you guys think about rainbow i really really really like

08:05this wallet solution and i think it's going to be one of those that i'm actively using if i'm

08:11doing a lot of swapping across chain especially in this bull market trying to get in and up out of

08:17coins taking profits hopefully not losing too much money like share subscribe turn on to the uh you know

08:25notifications so you don't miss any of the videos that we drop on this channel don't forget to head on

08:29over to our main site for all the latest in crypto check out my books tokenized trillions blockchain

08:36applied deal with real world asset tokenization on the blockchain in distributed ledges across multiple

08:42industries you can also check out d5 million if you want to learn all about d5 and if you want to be

08:47part of my mentorship join d5 decoded online there you can just fill in a simple form i'll be able to

08:54hit you up and we can work together other than that the likes to subscribe turn on the notifications i

09:00will be seeing you guys in the next video peace and love always

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