If you are looking to buy RavenCoin you can find it in different exchanges and platforms. In this guide we are going to see the best way to buy this cryptocurrency. In addition to sharing other platforms that you will also find it in case they are better for you or you already have an account in one of them.Â
Also, you can find more information about this cryptocurrency and the project behind it after the guide on how to buy it. And some frequently asked questions and common doubts you usually have when buying this cryptocurrency. So let’s get started.
Where to buy RavenCoin
To buy RavenCoin, the best option is to use the Binance platform. Although there are other exchanges where you can also buy RavenCoin, Binance offers the best options and a great variety of cryptocurrencies.Â
If you don’t have an account with Binance, you can create one here. Now I leave you with a video, so you can see how to buy The Sandbox in the best and easiest way step by step, so you don’t have any doubts. You can also see the step by step guide below.Â
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
Step by Step
The first step is to log in to your Binance account. In case you don’t have an account, create one with the link above.Â
Once logged in, we will need to deposit funds into our account in order to start buying. We will be able to deposit by bank transfer, or debit/credit card. With a commission of 1.8%, but we will have the deposit instantly. Or by wire transfer with a fixed commission, and it will take several days to have the deposit to use.Â
I recommend you always use the card to avoid having to wait to use the funds.
 
With your first deposit, you will see that you have your currency in your balance. And we will have to exchange our currency for USDT. Since USDT will serve us to buy any other cryptocurrency, including RVN.
So we will go up in markets, and we will look for the pair of our currency with USDT. In my case it is EUR/USDT, but if you have another currency, look for your currency with respect to USDT. For example, GBP/USDT, USD/USDT, etc.
Once you have clicked on the pair, we will go down to the center, in the buy and sell panel. And here we will have to change our currency to USDT, going to the sell part. In my case Sell EUR to get USDT. So we will indicate at the top right of the market, the amount you want to change your currency and click on Sell EUR or your currency.Â
This way, we will already have USDT in our balance. You can go to the main panel to check it.Â
Once we have USDT, we will have to go back to markets, but now we will look for RVN. And the RVN/USDT pair. Once you find it, click on it.Â
Here, we will see again the same buy and sell panel as before, but in this case with USDT and RVN. In this case, we will have to go to the buy side, in green color, to exchange our USDT for RVN.
As we have done before, we indicate to the market at the top right, the amount we want to buy, you can use the bar below to indicate a specific %. And with this ready, click on Buy RVN.Â
Now if we go to the main panel, you can see your Ravencoin (RVN) in your balance. This way, you have already got this token, in a quick and easy way. Although it may seem like several steps, once you do it, you will see how fast and simple it becomes.Â
With the steps we have seen, you can have your RVNs in just a few minutes. And with them, you can now store them in your balance, withdraw them to a wallet for safety, or wait for them to rise in price to sell them whenever you want.
Learn how to withdraw Ravencoin to your wallet to keep your cryptocurrencies safer in this guide here.
To conclude, let’s summarize in a simpler way all the steps we have seen as a summary:Â
- Create your Binance account or login if you already have one.
- Deposit funds into your account (It is recommended to use a credit card to avoid waiting).
- We will use the deposited currency to get USDT (in this example, the EUR/USDT pair)
- Go back to the markets and search for RVN, where you will find the RVN/USDT pair.
- We will go down and buy the amount you want by clicking on BUY RVN. Indicating the market and the amount we want to buy.Â
- It’s time to enjoy your new cryptocurrency.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
Frequently Asked Questions (FAQS)
We have already seen how to buy RVN with Binance, but there are also other places to get this token. In case you already have an account or prefer to use another platform, this list can be of great help. To find out where you can buy RVN, it’s as simple as going to coinmarketcap or coingecko. Here, search for the cryptocurrency, in this case RVN. And once there, click on markets.Â
Thus, you can see the entire list of platforms where it is available in real time. In order not to waste your time, you can see the main platforms in the image below.Â
Unfortunately, this option does not currently exist. Since there is no exchange or platform to buy and sell cryptocurrency that allows deposit with PayPal.Â
The only platform we have been able to find is eToro, but it does not have RVN listed yet. So we will have to wait until it is on this platform to be able to buy using PayPal.Â
Although keep in mind that eToro does not allow withdrawals or deposits of cryptocurrencies. Since really when you buy, you are buying an etf that tracks the price of the cryptocurrency, but you do not really have the cryptocurrency to withdraw as happens on other platforms such as Binance.Â
In order to sell Ravencoin (RVN), you will see that it is not complicated at all. You will only have to do the same steps you already did when buying, but with the difference of going to the red sell button.
We will look for the RVN/USDT pair, and click on it once you find it. We go to the center, underneath and we look at the red sell part. We indicate to the market on the top right, the amount you want to sell and exchange for USDT. Click on sell and it will be ready. We will already have the RVN sold and we will have USDT again.
To withdraw Ravencoin to your wallet, you should use the terra station wallet, as it is the most used one. With the following steps:
- Go to wallet and wallet spotÂ
- Search for RVN and once you find it, click on withdraw.
- Now you will see the Binance withdrawal panel
- Open your wallet and we will copy the address.Â
- Indicate the correct network where to send the tokens. In this case the ravencoin network
- Enter the amount and check all the information.
- With everything correct, click on withdraw and confirm with the confirmation codes.
- Your RVN will be on its way to your wallet.
In case you still have any doubts, you can visit this more detailed guide on how to withdraw funds from Binance.Â
In case you want to withdraw your funds to another platform, for example from Binance to KuCoin, the process is the same as we have seen in the wallet, with one difference.
In the step of opening the wallet to copy the address, in this case we will have to open the platform where we want to send the tokens. Here, click on deposit, and select RVN. Select the network you want to use to send the cryptocurrency and you will see the address to copy.
With the copied address, go back to Binance and paste it. Indicate the same network as in the other platform. The other steps are the same as we have seen when withdrawing to your wallet.
In case you still have doubts, you can visit this more detailed guide on how to withdraw funds on Binance.
If you want to have your RVNs in the safest possible way, the best thing to do is to have them in a hardware wallet. In my case I used Ledger, and you can buy it here.
Ledger is the most used hardware wallet in the world and it will give you full control of your funds. It avoids the risk that they can hack the platform where you have your tokens, or even hack your computer and have access to your wallet. With a hardware wallet, without the physical object they will not be able to move your funds.
What is Ravencoin?
Ravencoin is a peer-to-peer blockchain, which manages the efficient creation and transfer of assets from one party to another.
Welcome to Ravencoin
Ravencoin is a protocol based on a fork of the Bitcoin code that adds features specifically focused on enabling the issuance of tokens on the Ravencoin blockchain. These tokens can have whatever properties the token issuer decides, so they can have a limited amount, a name and be issued as securities or as collectibles.
You can create your own security token in a matter of minutes and have it traded worldwide.
What differentiates Ravencoin from Bitcoin?
Block reward of 5,000 RVN instead of 50 BTC.
Block time of 1 minute instead of 10.
Total coin supply of 21 billion instead of 21 million.
A new mining algorithm, KAWPOW, which allows for more decentralized mining.
Addition of asset and sub-asset issuance, transfer, unique assets and rewards.
Future addition of messaging and voting.
Thanks to the founder and developers of Bitcoin. The Ravencoin project was launched thanks to the hard work and continuous effort of over 430 Bitcoin developers who made over 14,000 commits by the date of the Ravencoin code fork. We are eternally grateful to them for their diligence in making a secure network and for their support of free and open source software development. The Ravencoin project is built on the foundation you built.
Overview. Ravencoin is a blockchain and a platform optimized for the transfer of assets, such as tokens, from one holder to another. Based on extensive development and testing of the UTXO model of the Bitcoin protocol, Ravencoin is built on a fork of the Bitcoin code.
Key changes of changes include a per-block reward time of one minute, a change in the number of coins issued but not the weighted distribution schedule, and the addition of asset creation and asset messaging and messaging capabilities. Ravencoin is free and open source. All Ravencoin (RVN) are issued and fairly and mined publicly and transparently using the x16r algorithm that was created for Ravencoin. There is no private allocation, public, founder or developer reserved allocation. Ravencoin aims to prioritize security, user control, privacy and resistance to censorship. It is open for use and development in any jurisdiction, while allowing simple additional features for users on an as-needed basis.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
