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REDDIT

Rainbow wallet Create their own token

F
Feb 7, 2026 · 05:45

Rainbow (RNBW) is basically a self-custody crypto wallet designed to make Ethereum easy to use without the complexity most wallets come with.

Instead of acting like an exchange that holds your coins for you, Rainbow lets you control everything directly. Your assets stay on-chain and in your wallet not sitting in a company account. That alone is a big reason many people prefer it.

It works across multiple Ethereum ecosystems too, not just the main network. You can manage assets on Optimism, Arbitrum, Polygon, Base, Zora, and Ethereum itself all from one place.

The vibe of the app is very beginner-friendly, but it still has the depth experienced users want. You can buy, store, and explore tokens and NFTs while staying in full control of your funds.

In simple terms:
• Exchanges = they hold your crypto
• Rainbow = you hold your crypto

It’s a good entry point for people who want to explore Ethereum while actually learning how self-custody works they listed the token on many cex and bingx was included i was planning to hold some of their tokens there maybe i'd collect some freebies.

Anyone here using Rainbow as their main wallet?