What is Rabby Wallet Extension
Rabby Wallet Extension is an open-source cryptocurrency wallet in the web browser for Ethereum (ETH). It is designed and operated by the
DeBank team. The wallet is created for multi-chain scenarios & it connects corresponding chain settings for every DeFi Dapp. When users visit the DeFi Dapp for the first time, Rabby Wallet Extension automatically selects the corresponding chain for this website based on its database. Users can also manually switch from one to another chain for a particular DeFi, but remember, the settings will only function for that website.
Important Characteristics of Rabby Wallet Extension
Open source– Rabby Wallet Extension focuses on being open-sourced & is the only leading wallet that employs the most amiable MIT license among popular extension wallets.
Decentralized– The wallet gives the total control of your funds in your hand. Users’ private keys are kept on the front-end side only and could be transmitted by the users at any time, which is completely independent of back-end services on Rabby.
Secure and easy-to-use– Rabby Wallet Extension only adds necessary features for an extension wallet, and users can use this wallet with other DeFi Dapps to fulfill different requirements. Including only basic features makes this wallet simpler to be audited and secure for users to use.
Not involved in creating any transaction– Rabby feels that a leading extension wallet must work as a self-reliant third-party doorkeeper for users and their visiting DeFi Dapp once they sign a transaction. Rabby Wallet Extension doesn’t create a transaction under any condition but only assists the users in signing and confirming the transaction initiated by the DeFi Dapp users’ visit.
How to Install and Set Up Rabby Wallet Extension
This tutorial explains how to install Rabby Wallet Extension on the Chrome browser and create a new wallet.
To proceed, you should move to the official Rabby Wallet Extension website using the Chrome or Brave web browser.
On the home screen, you must tap the Add to Chrome button.
Then, hit the Add Extension tab and wait for a few seconds.
After that, you must PIN the icon on the above extension bar.
Now, launch the Rabby Wallet extension in your web browser and press the Get Started button.
You must create a strong password for your wallet and tap on the Next icon on the setup password window.
Then, the Enable Chains window will display on your screen where you should choose various chains and click on the OK tab.
On the next page, you need to select Hardware Wallet. In the browser, a screen will pop up.
Here, you have to choose the Leger option from the available list.
Select the Connect hardware wallet directly option in the Choose Connect Method screen. A menu of HD paths is displayed.
Once you connect and unlock the Ledger device, launch the Ethereum app.
After that, choose the Ledger Live option and hit the Next tab.
Now, pick the desired device and press the Connect button.
Choose the Ledger Live ETH address, tick the available box, and tap on the Next icon.
Lastly, your Ledger ETH account and its assets display and hit the Ok button.
All done; your Rabby Wallet is successfully set up! You can set your wallet as a default, and it will display automatically on the sites where you wish to connect through MetaMask.