Exciting news! The Rango decentralized application (dApp) has recently merged with Safe Wallet, providing users with an extra layer of security for their trading endeavors. By teaming up with Safe{Wallet}, Rango is able to offer top-notch rates and a seamless trading experience while ensuring the utmost safety for users.
Safe Wallet, previously known as Gnosis Safe, is a multi-signature wallet designed to safeguard digital assets on the EVM blockchain. Unlike traditional single-key wallets, Safe Wallet operates on a multi-sig key system, requiring approval from multiple signatories before transactions can be finalized. This unique feature has made Safe Wallet a popular choice for individuals and organizations seeking enhanced security for their cryptocurrencies.
The key benefits of Safe Wallet include multi-signature security, allowing transactions to be approved by multiple owners to prevent any single point of failure from compromising assets. Users also have the flexibility to set custom thresholds for transaction approvals, striking a balance between convenience and security. Additionally, Safe Wallet seamlessly integrates with various hardware wallets, decentralized applications (DApps), and decentralized finance (DeFi) platforms, offering users a secure and versatile trading experience.
The integration of Rango dApp with Safe Wallet simplifies secure trading for users. By accessing the Rango DApp within Safe Wallet, users can easily perform swaps and transactions by navigating to the Apps tab and searching for ‘Rango’. Through Safe Apps, users can directly interact with the Rango DApp within the Safe Wallet interface, enabling single-tap, cross-chain swaps between Ethereum and other leading networks such as BNB Chain, Polygon, Avalanche, Arbitrum, and Polygon zkEVM.
When using the Rango DApp within Safe Wallet, users can seamlessly connect to Safe Wallet and select it as the relevant blockchain wallet during cross-chain transactions. It’s important to note that creating a multi-signature wallet within Safe Wallet is specific to a particular chain and cannot be used across different EVM blockchains.
By merging decentralized exchange capabilities with enterprise-grade security, Rango is now fully integrated with Safe Wallet. This integration eliminates the need for a centralized trading platform, allowing users to trade with confidence knowing that their assets are protected by Safe Wallet’s multi-signature security. Users can now connect Safe Wallet to Rango Exchange for a smooth and secure trading experience.