Softwr

Cryptocurrency & Blockchain · head to head

Rainbow vs Argent

Rainbow logo

Rainbow

Cryptocurrency & Blockchain

The fun, simple, and secure Ethereum wallet

From
Free
Rated
-
Argent logo

Argent

Cryptocurrency & Blockchain

The smart wallet for DeFi and NFTs

From
Free
Rated
-

The short version

  • Each has a real cost: Rainbow free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees; Argent renamed Ready, and argent.xyz now redirects to ready.co, so the Argent name is retired
  • They diverge on capability: Rainbow covers Ethereum Wallet, Argent covers Smart Contract Wallet.

Where they differ

Only the attributes on which Rainbow and Argent actually diverge.

Attributes where Rainbow and Argent differ
AttributeRainbowArgent
PlatformsIos, Android, ChromeIos, Android
Founded20192018

Identical on both: starting price (Free), pricing model (free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Rainbow

  • Ethereum Wallet
  • NFT Gallery
  • ENS Integration
  • Layer 2 Support
  • Swaps
  • Optimism
  • Arbitrum
  • Base

Only in Argent

  • Smart Contract Wallet
  • Social Recovery
  • No Seed Phrase
  • Built-in DeFi
  • NFT Support
  • zkSync
  • Starknet

Both cover

  • Ethereum
  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Rainbow

  • Walletsnot Argent
  • Ethereumnot Argent
  • Mobilenot Argent

Argent

  • Self-custodial wallet on mobilenot Rainbow
  • Holding digital dollars under your own controlnot Rainbow
  • Spending through a virtual card with Apple Pay or Google Paynot Rainbow
  • Connecting to dapps through WalletConnectnot Rainbow

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Rainbow

  • Free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees

Argent

  • Renamed Ready, and argent.xyz now redirects to ready.co, so the Argent name is retired
  • The product has shifted toward community cards and digital dollars rather than being presented purely as a crypto wallet
  • Supported chains are no longer listed on the main site

Pricing, plan by plan

Rainbow

Free
  • FreeFree
    • Ethereum wallet
    • NFTs
    • ENS

Argent

Free
  • FreeFree
    • Smart wallet
    • Social recovery
    • DeFi

Which should you pick?

Choose Rainbow if

  • You need ethereum wallet.
  • You want to start without paying.
  • You work on Ios, Android, Chrome.
  • You also want nft gallery.

Choose Argent if

  • You need smart contract wallet.
  • You want to start without paying.
  • You work on Ios, Android.
  • You also want social recovery.

Questions people ask

Is Rainbow or Argent better?
Neither clearly leads. Rainbow starts at Free and Argent at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Rainbow or Argent?
Rainbow starts at Free and Argent at Free.
Does Rainbow or Argent run on more platforms?
Rainbow runs on Ios, Android, Chrome. Argent runs on Ios, Android.
Can I use Rainbow for free?
Both have a free tier, so you can try either at no cost before committing.
What is Rainbow best used for?
Rainbow is most often used for wallets, ethereum, mobile. Of those, wallets and ethereum are not what Argent is typically brought in for.
What can Rainbow do that Argent cannot?
Rainbow covers Ethereum Wallet, NFT Gallery, ENS Integration, Layer 2 Support. Argent covers Smart Contract Wallet, Social Recovery, No Seed Phrase, Built-in DeFi. Both handle Ethereum, Ios support, Android support.

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