Create & backup your first Ethereum & Web3 wallet

Welcome to Rainbow! We're so glad you're here. ☺️

Once you have the Rainbow app installed on your device, open it up and tap the "Get a new wallet" button to begin. You now have your first Ethereum wallet, but you need to back it up so you don't lose it.

Step 1: Tap "Get a new wallet" to begin.

Step 2: Choose your backup method.

We at Rainbow don't have access to your wallet, and we can't control it. Your wallet is 100% yours, and the keys to it have been generated cryptographically on your device for your eyes only. It is created using an open standard that is portable and used across the Web3 ecosystem. If you decided Rainbow wasn't for you, then you could easily leave and take your wallet to another app. 🤝

A wallet is permanent, and it's not like a login account to a traditional website like Facebook or Google. If you don't back up your wallet, then there is no way to recover it. Thankfully, backing up your wallet is super simple!

In Rainbow, you can instantly backup your wallet using our iCloud Backup feature. If you prefer to back it up manually on a piece of paper or other physical object, then you have that option too! Either way, you can always change your mind later and edit your backup within the app's settings.

If you choose to backup using iCloud, then you'll set a password for your backup. Make sure you save this password someplace safe! You'll need it if/when you ever need to recover your wallet.

If you choose to backup your wallet manually, you'll need to make a copy of your wallet's secret phrase. These words are the keys to your wallet, and they are for your eyes only.

You now have an Ethereum wallet, it's safely backed up, and you're ready to start exploring the world of Web3! 🥳

Next, learn how to obtain some Ether:

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Get some Ether (ETH) to spend and cover gas costs