Home NewsAltcoin Rabby Wallet: A User Guide

Rabby Wallet: A User Guide

by Curtisvo
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Rabby Wallet is a non-custodial blockchain wallet compatible with EVM, designed to support users in storing, managing, and transacting various types of crypto assets across multichain. This product is developed by the team at DeBank, assisting users in managing assets in different types of hot and cold wallets by entering their Seed Phrase or Private Key. Join Tonraffles as we explore Rabby Wallet in the following article!

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What is Rabby Wallet

Rabby Wallet is a non-custodial blockchain wallet (where users manage their own private keys) that is compatible with EVM. It is designed to help users store, manage, and transact various types of crypto assets across multiple chains. This product is developed by the team at DeBank with the goal of providing the best multichain user experience while ensuring the safety of users’ assets.

  1. Multi-chain Support: Rabby Wallet supports not only Ethereum but also allows you to store and manage tokens across various other EVM chains such as Polygon, Arbitrum, and Optimism. This flexibility is crucial for users who engage with dApps across different networks.
  2. Security Focus: Rabby prioritizes the security of your cryptocurrency assets. It incorporates pre-transaction security checks to help you recognize potential risks before confirming transactions. Additionally, it uses a well-set-up private key management component to ensure secure storage.
  3. Seamless dApp Experience: Rabby simplifies the interaction with dApps. It automatically switches to the appropriate chain based on the dApp you are accessing, eliminating the need for manual configuration. You can also preview changes in your balance before confirming a transaction.
  4. Open Source and Transparency: Rabby is an open-source project, meaning its code is publicly available for anyone to inspect. This openness fosters trust and allows the community to contribute to its development.

Key Features of Rabby Wallet:

User-Friendly Interface: Rabby Wallet is designed with a user-friendly interface, making it easy to use even for beginners. Its intuitive interface allows users to easily manage their assets, execute transactions, and monitor their balances.

Support for Multiple Assets Across Blockchains: Rabby Wallet supports a wide range of digital assets including cryptocurrencies and NFTs across various blockchains, offering flexibility in how users store, manage, and transact them. Additionally, information about assets across multiple blockchains is displayed in a single interface for convenient management.

Enhanced Security Measures: Rabby Wallet enhances security by using advanced encryption protocols and multi-factor authentication to safeguard user assets. This means personal information, such as Private Keys, is protected against unauthorized access. Moreover, Rabby Wallet has mechanisms in place to protect users’ assets by scanning for potential risks before transactions and displaying the expected balance changes before transactions are signed.

Customizable Settings: Rabby Wallet offers customizable settings that allow users to adjust their wallet according to their preferences. Users can set transaction fees, choose their preferred language, and customize the wallet interface. This feature caters to the individual needs of users for a personalized experience.

Support for Existing Wallets Using Seed Phrase, Private Key: Rabby Wallet supports the import of Seed Phrases and Private Keys from various types of hot wallets, cold wallets, and institutional wallets for use on Rabby Wallet. Supported wallets include:

Multiple Versions for User Convenience: Rabby Wallet supports different versions for user convenience such as Chrome Extension and Desktop. A Mobile version is set to be released soon.

Installation Guide for Rabby Wallet

Guide to Setting Up a New Wallet on Rabby Wallet

Step 1: Visit rabby.io and select “Download for Chrome.” The Chrome Store interface will appear, select “Add to Chrome” then choose “Add extension.”.Use the invite code TONRAFFLES to receive 20 airdrop points.

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Select “Add to Chrome” then select “Add extension”

Step 2: Once the Rabby Wallet interface appears, click “Next”, then select “Get Started” to begin using it.

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Step 3: In the “Add an Address” interface, users can choose to create a new wallet, or import Seed Phrase or Private Key from other hot wallets, cold wallets, or institutional wallets. Select “Create New Seed Phrase” to set up a new wallet.

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Select “Create New Seed Phrase” to create a completely new wallet

Step 4: Set a password for the wallet and select “Next.” Then, click “Show Seed Phrase” to display the Seed Phrase. Choose “Copy seed phrase” to store the Seed Phrase securely and select “I’ve Saved the Phrase” to complete the wallet creation.

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The user sets a password for the wallet and selects “Next”
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Select “Show Seed Phrase” to display the Seed Phrase
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Select “copy seed phrase” to store the Seed Phrase and select “I’ve Saved the Phrase” to start creating a wallet.

Step 5: The “Manage Seed Phrase” interface appears, and the user can create up to 50 wallet addresses for one previously set Seed Phrase. Press “Done” to start using Rabby Wallet.

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Users can create up to 50 wallet addresses for 1 Seed Phrase on Rabby Wallet
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Rabby Wallet interface after creating the wallet

Guide to Importing Seed Phrase, Private Key from MetaMask Wallet

Step 1: Click on the icon as shown below.

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Step 2: Click on “Import My MetaMask Account”, choose to import the MetaMask wallet using Seed Phrase or Private Key.

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Click “Import My MetaMask Account”
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Choose to import MetaMask wallet using Seed Phrase or Private Key
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MetaMask wallet import interface using Seed Phrase
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MetaMask wallet import interface with Private Key

Step 3: The Rabby Wallet interface will show the assets stored on MetaMask across different blockchains. Users can immediately start transacting them via Rabby Wallet.

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MetaMask wallet interface after being imported on Rabby Wallet

Summary

Rabby Wallet is a non-custodial blockchain wallet compatible with EVM designed to assist users in storing, managing, and transacting various types of crypto assets across multichain. Developed by DeBank, it features multiple enhancements to provide the best multichain user experience while ensuring the safety of their assets.

This article should have given you a basic understanding of Rabby Wallet as well as how to create and import Seed Phrase and Private Key from MetaMask into Rabby Wallet.

Note: This is for reference only and Tonraffles is not responsible for any decisions related to the use of Rabby Wallet. We wish you success and profitable returns from this potential market!

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