How to buy Rari Governance Token (RGT) in Australia

A beginner's guide to buying and selling RGT in Australia.

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How to buy Rari Governance Token

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Rari Governance Token.

  1. Open an account on an exchange that supports RGT.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Rari Governance Token.
  3. Buy Rari Governance Token.
    Complete your Rari Governance Token purchase and then find the best wallet to store RGT.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Rari Governance Token?

Rari is a decentralised finance (DeFi) platform that allows users to lend, borrow and farm yield a variety of different cryptocurrency assets. According to the project’s blog, Rari Capital intends to build technologies that permit the masses to earn on their idle capital without any intervention by the user. Built on the Ethereum blockchain, the DeFi application’s unique selling point is its automated non-custodial fund. Relying on underlying smart contracts users can entrust cryptocurrencies to the platform. The platform then finds the best yield-earning opportunities among DeFi applications. Portfolios are rebalanced automatically utilising both cryptocurrencies and stablecoins. Thanks to its decentralised infrastructure, the platform can be used by anyone, anywhere in the world. As a result, it provides an opportunity for the third-world unbankable to earn a yield on savings.

RGT is the native cryptocurrency of the Rari ecosystem. It is primarily used to facilitate a variety of financial transactions. Token holders are also eligible to vote on development decisions.

Rari Governance Token (RGT) is the 271st largest cryptocurrency in the world by market cap, valued at $194,639,551. The current price of Rari Governance Token is $17.35, which is 8.214% higher than yesterday. Prices have ranged between $18.3 and $15.93 over the past 24 hours. All prices are listed in US dollars and accurate as of September 24, 2021 01:09 UTC.

Where to buy

Unfortunately, at this time no major exchanges offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Rari Governance Token at a glance

Information last updated September 24, 2021 01:09 UTC.
Coin symbolRGT
Coin MarketcapUS$194,639,551
Total RGT supply12,500,000
Circulating RGT11,254,917
Current priceUS$17.35
All time highUS$27.37
All time high dateApril 16, 2021

Rari Governance Token price performance over time

Historical prices compared with the price of US$17.35.

1 hour -0.03%
24 hours 8.21%
7 days -0.86%
14 days 10.18%
30 days 49.65%
60 days 154.90%
200 days -5.49%
1 yearN/A

How to sell Rari Governance Token

You can cash out your RGT with the same exchange you bought it through:

  1. Sign in to the exchange you have RGT on.
    If you store your Rari Governance Token in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of RGT you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Rari Governance Token.

What to consider when buying Rari Governance Token

RGT, like any other cryptocurrency, is a highly volatile digital asset. Both the token and the associated platform should be carefully evaluated before purchase. Here are some items to consider:
  • Well-developed ecosystem: The Rari protocol was originally developed on the Ethereum blockchain. While maintaining the Ethereum module, the project has also released "Market", which allows users to interact with the Layer-2 Polygon Network. This greatly reduces transaction costs and could help to capture market share.
  • Passive income opportunities: The platform offers crypto investors the potential to earn high yields on their crypto assets. For example, using Rari’s Fuse protocol, users can gain access to a range of open interest rate opportunities. All of the transactions are governed using automated smart contracts, which means a high level of financial transparency is maintained at all times. The RGT token can also be staked within the system for extra rewards.
  • Community backing: Since its inception, Rari Capital has been able to accrue massive investor support across the global crypto landscape. This is something best highlighted by the platform’s significant followings on social media platforms such as Twitter and Discord.
  • Token supply: According to data available on CoinGecko, RGT has a total token supply of 10 million. However, this is not fixed and could be changed in the future.

Disclaimer: Cryptocurrencies, including Rari Governance Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RGT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Rari Governance Token or any other cryptocurrency discussed.

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