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How to safely buy RMRK (RMRK)

Welcome to this post, where we are going to see how you can buy RMRK in an easy, simple and fast way, avoiding high commissions and on reliable platforms. Without complications, so you can own in a few minutes this cryptocurrency, even if you are new to the crypto world. 

After the guide on how to buy this cryptocurrency, you can find more information about the project, so you can learn more before buying and have as much information as possible.

Where to buy RMRK

For this, I am going to use two platforms, Binance and gate.io, where you can find all the links just below. You can see below a step by step video of how to do it.

If the video is not available, you will also find a step-by-step in this article so you won’t get lost at any time. If you do not have an account with either platform, you can create one just below to follow the steps in the guide. 

Platform: Gate.io
Min. Deposit: $10
License: Cysec

New cryptocurrencies (ICO’s)
Growing exchange

5/5

Platform: Binance
Min. deposit: $10
License: Cysec

Very low commissions
Exchange with more cryptocurrencies

5/5

Step by Step

RMRK can be found in a few exchanges, and it is possible to find it also in Uniswap, although you will find high ethereum commissions to buy it, ranging from $50 to $300 for just buying the cryptocurrency. Therefore, the best option is to use the centralized Exchange, such as gate.io that has this cryptocurrency listed.

The first thing we have to do is to deposit funds in our gate.io account. In order to have funds in gate.io, the best option is to send them from another Exchange, since the platform does not have the option to buy cryptocurrencies by credit card or wire transfer. You can check if they have already enabled this option in gate.io and thus save you the step of using Binance. If this is not the case, simply follow the steps that we will now see. 

For this, I am going to use binance, and I am going to send tether (USDT), since it is the cryptocurrency we are going to need to buy RMRK.

In my case, I already have USDT in my binance account, if you don’t know how to buy it, once you have deposited your currency, in my case euros, look for the eur/usdt pair or your currency. Click on this pair, in the computer you must go to markets and fiat markets, and with the mobile in markets, next to home. 

Once in this pair, we must click on sell, indicating the amount we want to change our currency for USDT. Indicate the amount, click on sell and you will have USDT in your balance. 

With the usdt, go to wallet, spot wallet and click on withdraw.

Now we must go to gate.io, and go to deposit. In deposit we will look for USDT. Here, we click on the tron/TRC-20 network, among all the networks, as it has the lowest commissions and costs only one dollar commission. Copy the address and paste it into binance. Once in binance, enter the address, the tron network, trc-20 and the amount to withdraw the usdt. We confirm with our email and cell phone, and that’s it. Remember to indicate the trc-20 network to save on commissions and not have any problems.

Platform: Binance
Min. deposit: $10
License: Cysec

Very low commissions
Exchange with more cryptocurrencies

5/5

At this point, you must wait for the USDT to appear in your gate.io balance, it usually takes a few minutes until you have it ready to use. Once they appear, go to my funds, search for usdt or tether and click on trade.

You will see the panel to buy and sell cryptocurrencies, here, search for RMRK, and you will see the RMRK/usdt pair. We go down and indicate the amount we want to buy RMRK. Here, if you want to use all your usdt, just click on the number above and it will place the total. At the top of Price you will see the current price of the cryptocurrency. With the amount indicated, just click on the buy button.

Sometimes the order may take some time to be executed, if you want to buy instantly, I recommend you to click on the price and indicate +1%, and the same when you want to sell and you want the operation to be executed instantly. 

Now, you will own RMRK, and to check it, you can go again to my funds to see the amount you have. Once you want to sell it, we must go back to the same panel above, but this time we will go to the red sell button. We indicate the amount we want to sell, and click on sell. This way, you can have USDT again and send it to binance to withdraw it to your bank account.

Platform: Gate.io
Min. Deposit: $10
License: Cysec

New cryptocurrencies (ICO’s)
Growing exchange

5/5

What is RMRK?

This documentation portal should provide you with everything you need to get started with RMRK. Please refer to the individual sub-sections of the documents for more information on the specific versions, products and tools RMRK offers, or read below to familiarize yourself with RMRK in general.

RMRK (pronounced “remark”) is a set of rules on the Kusama blockchain that make up five “NFT lego” primitives. Putting these legos together allows the user to create NFT systems of arbitrary complexity. Furthermore, by leveraging this logic and Kusama’s multi-chain architecture, these NFTs are eternally liquid and compatible with as-yet-unannounced projects, and perfectly transportable to any connected parachain.

Nested NFTs#.

NFTs that can own other NFTs, and NFTs that can equip other NFTs to change their output media. As an example, imagine a character in the game who owns a backpack that in turn owns some health potions. The character can also possess and equip another NFT, a helmet.

This logic is available in RMRK 2 and higher.

Chain emotes#.

Chain reactions, such as those expected when opening an emoji keyboard, sent to any NFT. Any UI that implements this specification is capable of displaying the full range of emotes received, enabling social mechanics and relative price discovery between NFTs.

This logic has been available since RMRK 1.

Multi-resource NFTs#.

NFTs can have different outputs which can also depend on the context. For example, an e-book may have a PDF resource, a cover resource, and an audio file resource. If you load it into Audible, it may play automatically. If you load it in Kindle, it will open in read mode. If you load it into a limited-functionality NFT environment, such as one on Ethereum, you’ll get the default view: a cover image.

This also has other uses: an NFT that is purely an image can use multiple resources as a redundancy for assets. One resource can be the image in HTTP, then the same image in IPFS, then the same image in Arweave. By having this redundancy at the NFT level, the NFT is guaranteed to remain visible much longer than traditional NFTs.

Another example comes into play when considering an NFT with multiple images representing the same concept. For example, an attendance badge or a company logo can evolve over time by obtaining a new resource after the fact. The owner of the NFT can, at any time, change the display priority of the resources, thus making the current logo the default.

An example of an NFT with multiple resources is the Crown of the God Meme, or these Khala glasses. Inspecting either will show that they have two versions: one richly illustrated, and one that is modeled to be equipped on Kanaria birds. This is how stand-alone NFTs are made equippable by any project in the future, not knowing what is coming and planning for it.

This logic is available since RMRK 2.

Conditional rendering#

Conditional rendering is the ability to apply certain conditions to the output of an NFT.

For example, if we put together the “chain emotes” and “multiple-resource NFTs” legacies, we can imagine an image of a Mona Lisa with two resources: normal Mona Lisa, and blushing Mona Lisa. We can then define a rule that says “if this NFT receives more than 50 😘 emoji, show the resource Mona Lisa blushing as priority”. Another example is: “If this NFT receives 100 ❄ emoji, change the background element from beach to snow”.

Conditional rendering is available with RMRK 2.1 and uses JsonLogic.

NFTs as DAOs#

NFTs in RMRK can be tokenized into fungible tokens. These tokens can be used to govern NFT functions. For example, a democratic decision to have an NFT avatar equip one sword instead of another, or a collaborative decision-making process in a collective music composition NFT in which a vote is taken on where to place each note, layer, and instrument. These tokens can then be used to distribute royalties from sales on a proportional basis.

NFTs such as DAO will be available with RMRK 3 and the transition to palettes and smart contracts.

Platform: Binance
Min. deposit: $10
License: Cysec

Very low commissions
Exchange with more cryptocurrencies

5/5

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