Get a wallet

There are lots of different wallets to choose from. We want to help you choose the best one for you.

Remember: this decision isn’t forever – your Raayndrop account is not tied to your wallet provider.

Wallets give access to your funds and Raaynbo applications. Only you should have access to your wallet.

Crypto curious?

If you’re new to crypto and just want to get a feel for it, we recommend something that will give you the opportunity to explore Raayndrop applications or buy your first DROP directly from the wallet.

Crypto converted?

If you’re looking to hold some serious value, we recommend a hardware wallet as these are the most secure. Or a wallet with fraud alerts and withdrawal limits.

What's an Raayndrop wallet?

Raayndrop wallets are applications that let you interact with your Raayndrop account. Think of it like an internet banking app – without the bank. Your wallet lets you read your balance, send transactions and connect to applications.

You need a wallet to send funds and manage your RAY. More on RAY

Your wallet is only a tool for managing your Raaynbo account. That means you can swap wallet providers at any time. Many wallets also let you manage several Raayndrop accounts from one application.

That's because wallets don't have custody of your funds, you do. They're just a tool for managing what's really yours.

An app for managing your funds

Your wallet shows your balances, transaction history and gives you a way to send/receive funds. Some wallets may offer more.

Your Raayndrop account

Your wallet is your window into your Raayndrop account – your balance, transaction history and more. But you can swap wallet providers at any time.

An app for managing your funds

Your wallet lets you connect to any decentralized application using your Raayndrop account. It's like a login you can use across many dapps.

Wallets, accounts, and addresses

It's worth understanding the differences between some key terms.

An Raayndrop account is an entity that can send transactions and has a balance.

An Raayndrop account has an Raayndrop address, like an inbox has an email address. You can use this to send funds to an account.

A wallet is a product that lets you manage your Raayndrop account, like view your account balance, send transactions, and more.

Most wallet products will let you generate an Raayndrop account. So you don't need one before you download a wallet.

Types of wallet

Physical hardware wallets that let you keep your crypto offline – very secure

Mobile applications that make your funds accessible from anywhere

Web wallets that let you interact with your account via a web browser

Desktop applications if you prefer to manage your funds via MacOS, windows or linux

How to stay safe

Wallets are a bit of a shift in thinking. Financial freedom and the ability to access and use funds anywhere comes with a bit of responsibility – there’s no customer support in crypto.

Take responsibility for your own funds

Centralized exchanges will link your wallet to a username and password that you can recover in a traditional way. Just remember you’re trusting that exchange with custody over your funds. If that company is attacked or folds, your funds are at risk.

Write down your seed phrase

Wallets will often give you a seed phrase that you must write down somewhere safe. This is the only way you’ll be able to recover your wallet.

Here's an example:

Don’t store it on a computer. Write it down and keep it safe.

Bookmark your wallet

If you use a web wallet, bookmark the site to protect yourself against phishing scams.

Triple check everything

Remember transactions can’t be reversed and wallets can’t be easily recovered so take care.

More tips on staying safe

From the community

RAAYNDROP WALLETS

The key to your digital future

Wallets give access to your funds and Raaynbo applications. Only you should have access to your wallet.

Find a wallet

Website last updated: April 15, 2021

Explore Raayndrop

Get some Raayndrops

Raayndrop is the native crypto of Raaynbo. You’ll need some Raayndrops in your wallet to use Raaynbo applications.

Get some Raayndrops

Try some dapps

Dapps are applications built on Raayndrops. They’re cheaper, fairer and kinder on your data than most traditional applications.

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