Rango Integrates with Safe Wallet for Enhanced Trading Security

Rango, a leading cross-chain aggregator, has now integrated with Safe Wallet, offering enhanced security for trading activities. This integration brings the full security of Safe Wallet multi-signature storage to Rango’s best in class rates and trading experience.

We are thrilled to announce that Rango dApp has now integrated with @safe, offering users enhanced security for their trading activities. This integration empowers users with the robust multi-signature security of Safe{Wallet} while enjoying the best rates and seamless trading… pic.twitter.com/584zOUMGnj

— Rango (@RangoExchange) May 27, 2024

Safe Wallet Offers High-Level Security for Digital Assets

Safe Wallet (formerly Gnosis Safe) is a multi-signature wallet for securely manage digital assets on the EVM blockchain. Unlike traditional single-key wallets, Safe Wallet works off multi-sig key scheme offering an assurance the transactions are not approved until they are signed by multiple signatories. This feature is what has made the device an attractive option for those who high levels of security for their crypto and organizations.

The advantages of Safe Wallet cover multi- signature security, which permits approval for transactions by multiple owners thereby preventing the occurrence in which a single point failure is able to compromise assets. Custom thresholds can be set by users for transaction approvals, balancing between convenience and security. In addition, Safe Wallet integrates with numerous hardware wallets, DApps and DeFi platforms to provide experience rooted in choice and security.

Rango DApp and Safe Wallet Integration Simplifies Secure Trading

Users can use the Rango DApp within Safe Wallet to do a swap. Users can use the Rango DApp and make transactions by navigating to the Apps tab, searching for ‘Rango. While Safe Apps merely exist as smart URLs, allowing for direct interactions with the Rango DApp from within the Safe Wallet interface. The feature allows for single-tap, cross-chain swaps between Ethereum and the leading networks like BNB Chain, Polygon, Avalanche, Arbitrum and Polygon zkEVM.

When the Rango DApp is opened within Safe Wallet it detects and connects to Safe Wallet, allowing you to easily choose Safe Wallet as a wallet of relevant blockchain during cross-chain transactions. Please keep in mind that the create multi-signature wallet action inside Safe Wallet is only creating it on a particular chain and does not allow to use this address on other EVM blockchains.

Merging the best of decentralized exchange with enterprise grade security, Rango is now fully integrated into Safe Wallet. This eliminates the need for a central source where users can confidently trade, secure in the knowledge that their assets are locked behind Safe Wallet multi-sig security. Users can connect Safe Wallet to Rango Exchange now for smooth and safe trading.

Source