With the aim of helping more new people access the world of DeFi (decentralized finance) as well as solve the user experience difficulties on current DeFi wallets. RICE Wallet was officially born.
In addition to the basic features of a DeFi wallet that is to store digital assets securely, RICE Wallet also has other outstanding features such as:
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- Swap: You can swap DeFi assets directly on RICE Wallet instead of having to do it on DEXs like Pancakeswap or Uniswap. RICE Wallet has combined with 1inch DEFI AGGREGATOR to always give customers the best exchange rate when making transactions.
- Market: You can track and manage assets directly on RICE Wallet similar to using ONUS or other centralized products. Update volatility from the market through many categories such as Trending, Gainers, Losers,…
- On-chain fee refund: When making transactions on RICE Wallet, you will get a partial refund of gas fees up to 30%. This is really an extremely useful feature when Gas fees are increasing, especially on Ethereum and BSC networks.
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- Rewards: When using RICE Wallet you will have many ways to earn free RICE, including: Daily attendance, new user referrals, Gas fee reimbursement or Airdrops programs.
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- RICE Dapps: This is a feature being completed by the team, which will help you select really useful Dapps, provide investment opportunities and stay away from scam apps.
In particular, RICE Wallet is tested for security simultaneously by 3 reputable partners: Certik, CyStack and Verichains.
How to use RICE Wallet
1. Create a wallet
Step 1: Open RICE Wallet & click Create a New Wallet.
Step 2: Give your wallet a name.
You will be asked to create a PIN code – The first layer of security to protect your wallet
Private Key and Recovery Phrase can be found in Settings. You can also enable TouchID or FaceID to protect your wallet.
Note
Private Key and Recovery Phrase are the only way to access and restore your wallet. Never share your Private Key and Recovery Phrase with anyone. Remember to keep them safe.
2. Import a wallet on RICE Wallet
If you’ve already had a wallet, you can simply import yours to RICE Wallet by following these steps:
Step 1: Open RICE Wallet & click Import Wallet.
Step 2: Enter your wallet’s name & Recovery Phrase or Private Key (QR scan is also available).
Your imported wallet will instantly be displayed on the main screen.
3. Manage wallets
You can easily manage your wallets by tapping on the wallet’s name on the top of the screen or by:
Step 1: Click Settings on the main screen.
Step 2: Choose All Wallets.
Here you can access all your wallets and feel free to Rename, Delete or Create/Import new ones.
4. Receive tokens
There are two ways to receive tokens with RICE Wallet.
The first way:
Step 1: Select the token displayed on the main screen.
Step 2: Click Receive.
Step 3: Copy/Scan the wallet address and send the token to that address.
The second way:
Step 1: Click Receive on the main screen.
Step 2: Search and Select for the token you want to receive
Step 3: Copy/Scan the wallet address to send the token to that address.
5. Send tokens
There are two ways to send tokens with RICE Wallet.
The first way:
Step 1: Select the token displayed on the main screen.
Step 2: Click Send.
Step 3: Enter the amount and the receiver’s address
Step 4: Click Confirm to complete.
The second way:
Step 1: Click Send on the main screen.
Step 2: Search and Select for the token you want to send
Step 3: Enter the amount and the receiver’s address.
Step 4: Click Confirm to complete
6. Swap
Step 1: Click on Swap on the main screen.
Step 2: Select the token pair you want to swap, enter the amount, and then Swap.
You can change the Gas Fee and the Slippage in the Transaction Settings at the top left corner.
Step 3: If everything is done, Swipe up to Swap
7. Review transaction History
You just need to select any token of which you’d like to view the transaction history. Click View All to show the entire transaction history on the screen.
8. Keep track of your portfolio
RICE Wallet’s portfolio feature assists users in following tokens’ performance to conveniently track the ups and downs of all your assets in one place, especially if you have assets stored on multiple wallets.
To add tokens to your portfolio, please follow these steps:
Step 1: Click on Invest on the main screen.
Step 2: Tap on Manage to add tokens to your portfolio.
Step 3: Click Add Transaction and enter information to determine the cost and others.
9. Market feature
Explore the whole crypto world with the Market feature on RICE Wallet. By tapping on Market on the main screen, you can browse your watchlist and all selected categories to know what is happening in the DeFi market.
10. Language selection
RICE Wallet aims to make the DeFi market as accessible to users as possible by supporting two main languages: Vietnamese and English. New ones will be added soon.
Step 1: On the main screen, select Settings.
Step 2: Click Language and choose the one you want to set.
Other concepts you need to know when using RICE Wallet
What makes RICE Wallet trusted?
As a non-custodial wallet, all data and assets are belong to users and under users’ control.
The wallet is controlled by a unique Private Key and Recovery Phrase. The private key and Recovery Phrase are provided right after you have created a wallet, and whoever has access to this unique key, has control over your wallet.
RICE has absolutely no control over your Private Key and Recovery Phrase and they are locally stored in your device. It is impossible for hackers to get your private key by hacking into the system.
You need to, however, save and store your private key carefully to avoid some risks, such as your phone being tapped, stolen, or loss of private key.
RICE Wallet application is also audited by lots of security firms like CertiK, Cystack, WhiteHub, and Verichains. Everything to make sure that our users’ assets are always protected.
What is the Gas Fee on RICE Wallet?
Gas fee is a fee paid to the network so as to complete a transaction on a blockchain.
The gas fee is different on each blockchain. For example, the gas fee needed on Ethereum blockchain is GWEI, and it is paid for with ETH; similarly, users need BNB on Binance Smart Chain; MATIC on Polygon. The gas fee to complete any transaction on any blockchain is paid with that blockchain’s parent token.
Through this detailed User Guide, ONUS hopes to be able to provide useful information as well as support for users in the process of getting used to the RICE Wallet application.
RICE Wallet is now available on both iOS and Android operating systems, investors can download the application at:
IOS: https://apps.apple.com/us/app/rice-your-crypto-wallet/id1601004738
Android: https://play.google.com/store/apps/details?id=com.rice.wallet
