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Cryptocurrency & Blockchain · head to head

Rainbow vs CoinMarketCap

Rainbow logo

Rainbow

Cryptocurrency & Blockchain

The fun, simple, and secure Ethereum wallet

From
Free
Rated
-
CoinMarketCap logo

CoinMarketCap

Cryptocurrency & Blockchain

The world's most-referenced price-tracking website

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; CoinMarketCap the free Basic plan gives historical data going back only 60 seconds, so it cannot answer any question about the past
  • They diverge on capability: Rainbow covers Ethereum Wallet, CoinMarketCap covers Price Tracking.

Where they differ

Only the attributes on which Rainbow and CoinMarketCap actually diverge.

Attributes where Rainbow and CoinMarketCap differ
AttributeRainbowCoinMarketCap
Pricing modelfreefreemium
PlatformsIos, Android, ChromeWeb, Ios, Android
Founded20192013

Identical on both: starting price (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
  • Ethereum
  • Optimism
  • Arbitrum

Only in CoinMarketCap

  • Price Tracking
  • Market Cap Rankings
  • Portfolio Tracker
  • Crypto News
  • API Access
  • Binance
  • Exchanges
  • Web support

Both cover

  • Ios support
  • Android support

What people use each for

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

Rainbow

  • Walletsnot CoinMarketCap
  • Ethereumnot CoinMarketCap
  • Mobilenot CoinMarketCap

CoinMarketCap

  • Cryptocurrency price and market capitalisation data over an APInot Rainbow
  • Historical market data for analysis and backtestingnot 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

CoinMarketCap

  • The free Basic plan gives historical data going back only 60 seconds, so it cannot answer any question about the past
  • Three years of history requires the $29 Builder plan and all time history the $79 Startup plan
  • Free is capped at 15,000 credits a month and 50 requests a minute
  • Rate limits are tiered separately from credits, from 50 a minute on free to 1,200 on Professional
  • Enterprise pricing is custom despite listing 30,000,000 credits

Pricing, plan by plan

Rainbow

Free
  • FreeFree
    • Ethereum wallet
    • NFTs
    • ENS

CoinMarketCap

Free
  • FreeFree
    • Price data
    • Charts
    • Portfolio
  • API Basic$79/month
    • 10K credits/month
    • Historical data

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 CoinMarketCap if

  • You need price tracking.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want market cap rankings.

Questions people ask

Is Rainbow or CoinMarketCap better?
Neither clearly leads. Rainbow starts at Free and CoinMarketCap at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Rainbow or CoinMarketCap?
Rainbow starts at Free and CoinMarketCap at Free.
Does Rainbow or CoinMarketCap run on more platforms?
Rainbow runs on Ios, Android, Chrome. CoinMarketCap runs on Web, 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 CoinMarketCap is typically brought in for.
What can Rainbow do that CoinMarketCap cannot?
Rainbow covers Ethereum Wallet, NFT Gallery, ENS Integration, Layer 2 Support. CoinMarketCap covers Price Tracking, Market Cap Rankings, Portfolio Tracker, Crypto News. Both handle Ios support, Android support.

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