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How and where to buy Ravencoin (RVN) in 3 steps

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Author: Alexander Buckley Updated: March 17, 2022

Ravencoin is a fork (copy) of Bitcoin that is faster than its predecessor and delivers greater rewards to its miners.

Launched in 2018, Ravencoin is an open-source platform where users can create their own assets for a small amount of Ravencoin, which is then taken out of circulation – ‘burned’. 

Today, Ravencoin has a dedicated community creating new assets and use cases on the Ravencoin blockchain. Read more to find out how you can store and buy Ravencoin, along with what makes Ravencoin unique.

Want to start buying RVN now? Visit our preferred broker to get started...

1
Min Deposit
$50
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10
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Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

3 steps to buy Ravencoin (RVN)

Step 1: Sign up to a broker or exchange

Choose the cryptocurrency exchange or broker that’s right for you. This can be the one with the most attractive fees or one that provides a good user experience–preferably both. Below are some good examples of crypto exchanges that we think offer a user-friendly experience with low fees. 

Step 2: Deposit funds

After deciding on which platform you will use, create an account and add some funds. The simplest way is with a credit or debit card, though be aware of any fees you might incur.

Step 3: Buy Ravencoin

After making your deposit from your bank account, use your fiat currency—GBP, USD, EUR, or any other accepted denomination—to buy a cryptocurrency with which to purchase your Ravencoin. You can use your fiat currency to buy RVN directly with some brokers. With others, you’ll need to purchase cryptocurrencies that can then be converted into Ravencoin. 

One of the easiest ways is to buy a stablecoin–a coin that is ‘stable’ because it is pegged to the US dollar–and use that to buy your RVN. The most widely used stablecoins are Tether (USDT) and Circle (USDC). You can also get Bitcoin (BTC) and buy your Ravencoin with that. 

Where to buy RVN

Ravencoin has a native token called RVN. This is used to transact on the network and can be found on various platforms. Below are some of our recommended crypto exchanges and brokerages where you can find and buy Ravencoin to add to your trading portfolio.

1
Min Deposit
$50
Promotion
User Score
10
Log in using the app and claim the Mystery Box to receive up to $10,000 in reward
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Start Trading
Description:
OKX is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.
Payment Methods
AdvCash, AliPay, American Express, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard
Mercada Pago, PayPal, Payoneer, PicPay, QIWI, SEPA, Simplex, Visa, WeChat, Wire Transfer, neteller, , , , , , , , , , , , , , , , , , , , , , , , , , , skrill
Full regulations list:
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.
2
Min Deposit
$5
Promotion
User Score
9.3
Combines a user-friendly platform and low fees
Largest digital asset exchange in the Netherlands
Trade over 50 digital assets and pay a maximum trading fee of 0.25%
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Description:
The Bitvavo platform was launched in 2018, with the goal to bridge the gap between traditional currencies and digital assets. Bitvavo is making digital assets accessible to everyone, by offering transparent fees, a wide range of assets and an easy to use platform.
Payment Methods
Credit Card, Debit Card
Full regulations list:
3
Min Deposit
$30
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User Score
8.7
Accepts 70+ cryptocurrencies
Majority of cryptocurrencies are held in a secure Cold Storage
Buy cryptocurrencies instantly with your credit card
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Description:
CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes. Permission-based account management, fiat payouts to the bank account and brand new email billing feature are just a few reasons why CoinGate has become a go-to payment processor for many.
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Full regulations list:
 

Why buy Ravencoin?

Ravencoin has critical advantages over its predecessor, mainly the ability to build decentralised applications (DApps) on its platform. This added utility differentiates it from Bitcoin, making it more than just a store of value.

Ravencoin can also be used to generate representative tokens for real-world assets such as stocks, shares and gold, which can be distributed within communities. 

Users can also generate creative assets such as music, art and video as non-fungible tokens (NFTs) on the platform using Mango Farm Assets, Ravencoin’s Web Wallet for digital asset creation.

Where to store your Ravencoin

The safest way to store your cryptocurrency is in a hardware wallet. Crypto exchanges and brokerages have their own wallets, but these are custodial, which means they hold your private keys and can limit what you do with your coins.

If you’d like more control over your portfolio, you can download a non-custodial wallet, such as Metamask and send your coins there.

Ravencoin recommends users download its official wallet, which can be found on its website. However, there is little doubt that using a hardware wallet is the safest way to secure your funds. Below are some popular crypto wallets for storing cryptocurrencies.

1
Min Deposit
-
Promotion
User Score
10
Go offline and hold your coins
1000+ coins supported
Transparent security
Start Trading
Payment Methods:
Bitcoin, Credit Card
Full Regulations:
2
Min Deposit
-
Promotion
User Score
9.3
The worlds most popular hardware wallet
Buy, Manage and Secure your crypto in one place
Compatible with over 100+ cryptocurrencies
Start Trading
Payment Methods:
BitPay, Credit Card, PayPal
Full Regulations:

Frequently Asked Questions

  1. You can buy NFTs on the Ravencoin network from RVNFT, a platform for tokenised Ravencoin assets. On RVNFT, you can also find music NFTs, video games and 3D art, which can be purchased with RVN.

  2. To become an RVN miner, simply download the Ravencoin official wallet from the Ravencoin website and follow the instructions. Once your wallet is set up, you can start mining RVN using your home computer.

  3. The Ravencoin Discord and Telegram groups are good places to start. You can join them by visiting the Ravencoin website and clicking the appropriate icons. There are also links to BitcoinTalk and Reddit communities. To keep up with its latest developments and news, it’s also worth following Ravencoin on Twitter.

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