By far, the worst crypto onboarding experience I ever had !!
App is so badly done, I don't even want to continue trying to scan my documents. (Literally impossible to scan a simple passport photo)
Will DEFINITELY not use Rain, and I don't recommend you use it.
Response from rain.comMar 18, 2025
Hello Yohan,
We are sorry you are facing an issue with the onboarding flow. Please be aware that we can only accept original documents as scanned copies or photos of the passport document cannot be accepted.
Please reach out to us through https://support.rain.com our support team is available 24/7 in case you face any issue.
Thanks,
Rain Customer Experience Team
MM
Murilo M.
Their spreads are simply crazy!!
Their spreads are simply crazy!!! also, they charged me $17 for a transfer that normally costs $1. Will never use it again, thats for sure. Be careful!
Also, on the app they don't let you know through which chain the crypto is being sent, dangerous for beginners. Very bad experience.
Also, they don't have a google page, which seems shady.
Response from rain.comMar 18, 2025
Hello Murilo,
Our fees help us maintain a safe and efficient trading experience for everyone and we are constantly working to improve and ensure that our pricing remains competitive.
This fee reflects Rain’s commitment to providing a premium trading experience that includes robust security systems and practices, 24/7 support, regulatory compliance, deep liquidity, and advanced trading tools.
The blockchain network fees on Rain are dynamic which means that fees can be high when the market condition is busy, yet can also be low once the market conditions are calmer.
To provide you with full transparency, we display the blockchain network fees in the confirmation page of the transaction before you execute the send. This ensures that you are fully aware of the fees before confirming the transaction.
If you require any further information or assistance, please contact us via support.rain.com.
Thanks,
Rain Customer Experience Team
JM
Jaydeep M.
I am a customer of Rain in Bahrain,even…
I am a customer of Rain in Bahrain,even though the app has a nice simple interface which is easy to use, there are some issues everyone should know:
1. Company says they charge 0% fees that is because they add their margin when you buy the coin. So for e.g. if u buy a coin with Market value 100, then the transaction buying price will be 105, in my experience they charge approx 5% as margin, so if you sell again it will give you 5% less. So on an average you need 10% gains just to breakeven on the transaction. I appreciate platforms like binance which declare their fees upfront and it is negligible. You can use rain for long term investment maybe.
2. Lately, their app won't let me buy when I raise with CS, they said delete the app and reinstall, just updating the app won't solve the problem. This is highly unprofessional for a trading platform. This is the first time any app has asked me to delete and reinstall. Generally any app would just fix the bug in an update. Now I feel uncofortable, what if in a critical moment you want to sell and it won't let you?
Response from rain.comMar 18, 2025
Hello Jaydeep,
Our fees help us maintain a safe and efficient trading experience for everyone and we are constantly working to improve and ensure that our pricing remains competitive.
This fee reflects Rain’s commitment to providing a premium trading experience that includes robust security systems and practices, 24/7 support, regulatory compliance, deep liquidity, and advanced trading tools.
We are sorry to hear about your experience. We work hard to improve our products and services to create the best experience for you. We would love to get to know more about your case to see how we can help. Please contact our support team through https://support.rain.com
Thanks,
Rain Customer Experience Team
LT
Long Time I.
Terrible customer support
Terrible customer support. Avoid at all cost.
Response from rain.comMay 30, 2023
Hello Sir, we sincerely apologize for any inconveniences you have faced with Rain. Kindly provide us with more context with regards to the issue you are facing. It would be great if you could also provide us with the ticket number to allow us follow up on your case.
We highly appreciate your cooperation and we are looking forward to assist. Have a good day.
MR
Muhammad Ruman K.
Iqama upload
Dear team.
I am in KSA, an expact. I have been trying to login and attach my identity documents on Rain app.
The documents always gets rejected and i have been asked to submit physical card picture.
But now in KSA the residential permits for expact gets updated at back end and we get updates in soft copy and we don't get any physical cards no more.
Your system on Rain app does not accept any softcopy and i have physical card with old expiry.
If the ksa govt doesn't issue new physical cards with updated expiry than how am I suppose to progress with my Rain account.
Either update the system or have some integrated way to verify the identity
Please let me know if the action. I contacted central bank Bahrain complain office and updated them.
They informed me to put into writing to you guys and then escalate them if still issue is unresolved.
So today I have put it into writing. Waiting for apt reply.
In short, if a physical card is issued no more how can I verify my residential status being an expact.
I am a banker too, all I want is to open an account and follow up with regulations.
Thank you for your time.
Response from rain.comMay 30, 2023
Hello Muhammad, greetings from Rain.
We apologize for the inconvenience regarding this issue, as Rain is regulated by the Central Bank of Bahrain, we are required to follow their rules and regulation.
Therefore a physical ID is mandatory to submit during the registration process, you can submit the physical expired ID through Rain app/web and upload the Iqama screenshot from the Absher app by replying to this email in order to raise it to the responsible team.
If you faced any issue kindly contact us back on: https://support.rain.com/en
Thank you for your cooperation and support.
YP
Yusop P.
The swap fee are too high not free!
The swap fee are too high! Their website is showing 0% fee when in fact it is not! You will see your money go down when using their platform. Such a shady platform. I transfer all my coins to Binance after the bad experience. Not recommended!
Response from rain.comMay 30, 2023
Hello Yusop, Rain has 0% trading fees for fiat and card buys, as well as 0% swap fees. There are no fees for the storage of cryptocurrencies on Rain.
There are also no fees on deposits; you are credited what is received in Rain bank account. However, corresponding banks may charge an international wire transfer fee. Rain does not collect any part of this fee.
Rain does not charge any withdrawal fees on transfers within Bahrain and charges a flat fee of 50 Saudi Riyals or equivalent. Corresponding banks may charge additional fees. Rain does not collect any part of these fees.
Kindly visit the following article for more information on Rain fees:
https://support-bh.rain.com/hc/en-us/articles/360015198178-Rain-Fees
Kindly provide us with the ticket number or contact us on our support page: https://support.rain.com/en
Once again we apologize for any inconveniences you have faced and we are looking forward to hear back from you to be able to assist you further.
OP
Oscar P.
The company needs to update their…
The company needs to update their trading and swaping fee values, It's not 0%
They claim it to be 0% but it's actually -5% trading fee's for most of their coins.
You can verify the trading fee is not 0 By swaping a stable coin like tether to be 1USD.
Swap back and forth between fiat and watch your money go down, hence it's not 0% trading fees.
They should update their tether swaping fee's to 0% atleast, they are being very shady by claiming it to be 0%. Which would make customers feel like their taking profit from their swaps overtime, it will be called out.
Response from rain.comMar 18, 2025
Hello Oscar,
The prices on our platform are inclusive of sourcing prices as well as foreign exchange prices.
What sourcing prices means is that in order for Rain to make these coins available to you, Rain would purchase these coins in US dollars from an external provider first. So, when we source the coins for you, they come at a certain price set by the provider. It is important to note that Rain works with the best Crypto Liquidity Providers globally to make sure these costs are minimal.
Additionally, when it comes to exchange prices, since Rain purchases these coins for you in USD, this means that there comes a conversion fee between USD (the currency the coin is originally purchased in by Rain) and your local currency when you execute a transaction to buy as we offer our customers the opportunity to transact in their local currency (BHD, SAR, AED, KWD, OMR),
These fees (transaction cost set by the provider and the foreign exchange fee) are the primary reason behind the price you are seeing on Rain. With this in mind, you will see a difference between the price on our platform and other sources. This difference is called the spread and it enables us to make sure that the transaction is successful. The spread also allows Rain to lock in your quoted price while your transaction is being processed.
At Rain, we work tirelessly to offer the best prices for our customers while also ensuring that each of your transactions is done safely and in a regulated environment. We accomplish this through building bank-grade security systems, as well as working closely with local regulators so that we run a licensed platform that benefits customers in the region.
Thanks,
Rain Customer Experience Team
RA
Ramy
I had very bad experience with Rain
I had very bad experience with Rain, please don’t trust Rain… the worst company ever
Response from rain.comMar 18, 2025
Hi Ramy,
We are sorry to hear about your experience. We would love to get to know more about your case to see how we can help. Please contact our support team through https://support.rain.com
Thanks,
Rain Customer Experience Team