Reviews & Ratings

Rabbit Wallet Review: Self-Custody, Open Source, Simple, and User-Friendly Crypto Wallet

By December 1, 2023 No Comments

In today’s uncertain financial world, more and more people are realizing the importance of being in control of their own money. Recent crashes on major crypto exchanges like FTX exposed just how risky it can be to store large sums of digital assets with third parties. The stringent regulatory scrutiny facing custodial centralized services, such as Binance, adds a layer of uncertainty to the future of your assets held on these platforms. Yet many popular wallet options are still too complex or lacking in features for mainstream adoption. Rabbit Wallet aims to change that by providing users with a fully self-custodial wallet that’s also lightning-fast and delightfully user-friendly.

Pros and Cons of Rabbit Wallet


  • Full self-custody and control over private keys
  • Open source code for transparency
  • Very intuitive, attractive user interface
  • Built-in exchange for top rates on coin swaps
  • Based in privacy-protecting Switzerland
  • Helpful developers provide direct support
  • Fully free with no transaction fees (of course, except for blockchain miner fees)


  • Currently only adaptive web interface
  • Limited language support at launch
  • New project with a short track record so far
  • Open source design means independent auditing is needed

Rabbit Wallet Feature Comparison

Coins SupportedOver 50 coins including BTC, ETH, USDT, TRX, and more
ExchangeBuilt-in swap feature provides optimal rates from top exchanges
BlockchainsSupports Bitcoin, Ethereum, and Tron blockchains
InterfaceModern, clean design optimized for both new and experienced users
SecurityMilitary-grade AES-256 encryption and Swiss privacy laws
ControlFull self-custody – only the user controls private keys
FeesCompletely free with no transfer or account fees charged
SupportHelpful developers provide direct responses to user questions
Open SourceThe entire codebase transparently viewable on GitHub


One of the biggest advantages of Rabbit Wallet is you don’t need to go through annoying identity verification processes just to access your funds. Unlike centralized exchanges that require extensive “know your customer” (KYC) checks involving personal details and selfies, Rabbit Wallet operates on the principle of minimal user data collection. You can enjoy the freedom of truly owning your crypto assets without handing over private information or documents. No more waiting around for approvals or worrying your account could be frozen for any reason. It’s just you, your crypto, and the blockchain.

Full control, full transparency

Rabbit Wallet gives users full control over their private keys, so nobody except the user has access to their funds – not even Rabbit. Recent events demonstrate all too clearly why self-custody is safer than depending on third parties. For added transparency, Rabbit has also open-sourced their entire codebase on GitHub. This allows industrious crypto nerds to audit everything happening under the hood. Full visibility into the code builds greater trust that users’ security and privacy are the top priorities.

Fast coin swaps

Once funds are safely stored in your personal Rabbit Wallet, you’ll enjoy a surprisingly slick user experience. Their built-in exchange lets you instantly swap between dozens of coins and tokens at optimal rates. By dynamically comparing prices across top exchanges in real-time, Rabbit ensures users always get the best deal possible with just a few clicks. No more awkwardly juggling multiple wallet apps or manually submitting orders on decentralized exchanges. Rabbit handles everything smoothly in the background.

Intuitive interface design

Where some wallets overwhelm newbies with tons of confusing options, Rabbit strikes a perfect balance. Their intuitive interface makes basic functions like receiving, sending and storing crypto very easy to grasp. Advanced features like coin swapping are also clearly presented without clutter. Yet more experienced “crypto nerds” will appreciate the depth of options and controls under the hood. Rabbit’s designers have clearly put a lot of thought into crafting an interface that handholds novices while still satisfying power users.

International security and privacy standards

For those concerned about digital privacy and security in an increasingly surveilled world, Rabbit offers military-grade protections by virtue of being based in technologically progressive yet privacy-respecting Switzerland. Not only are data and servers located within the country’s stringent legal protections, but Rabbit implements advanced encryption using the military-grade AES-256 algorithm. This ensures even limited technical metadata is anonymized and inaccessible by any unauthorized parties. Users can rest easy knowing their funds and activities are guarded by some of the strongest digital privacy laws in existence.

Customer service

Unlike many companies that rely solely on email bots or outsourced support teams, Rabbit prides itself on direct developer involvement. Their small team aims to respond quickly and helpfully to any user questions or issues that arise. After all, the builders are also users themselves. They want every person exploring cryptocurrency to feel fully supported on their journey to financial empowerment through self-custody. Rabbit’s doors are always open for guidance to both crypto initiates and aficionados alike.

By providing this level of control, accessibility, and speed entirely free of cost or restrictions, Rabbit opens the doorway for mainstream acceptance of crypto as a legitimate tool for all. With innovations like lightning-fast swaps and future mobile apps, they aim to make moving any amount of money between any people as simple as sending a message.

The bottom line: Taking back control of your crypto with Rabbit Wallet

Rabbit Wallet puts the power firmly back in users’ hands to securely manage their crypto wealth without compromises. By blending rock-solid self-custody, lightning speeds and delightful ease of use, Rabbit aims to bring cryptocurrency’s promise of financial freedom to the masses. For those seeking full control over their digital future, Rabbit provides an excellent open doorway.