How to buy Reserve Rights Token | Buy RSR in 3 steps | Finder

How to buy Reserve Rights Token (RSR)

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

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How to buy Reserve Rights Token

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Reserve Rights Token.

  1. Open an account on an exchange that supports RSR.
    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 Reserve Rights Token.
  3. Buy Reserve Rights Token.
    Complete your Reserve Rights Token purchase and then find the best wallet to store RSR.
Disclaimer: This information is not advice to buy cryptocurrency, a recommendation for Reserve Rights Token or an endorsement of any particular provider or service. Talk with a financial professional before any investment or purchase.

What is Reserve Rights Token?

The Reserve Rights protocol is a decentralised blockchain-based platform that seeks to help establish a crypto ecosystem that is completely independent and can provide millions of unbanked individuals seamless access to a wide array of traditional finance tools. The protocol features a stablecoin that is backed by a diverse set of assets and is designed to facilitate low-cost cross-border transactions. The ecosystem features two currencies, namely Reserve (RSV) and Reserve Rights (RSR). While RSV serves as a stable coin that is fully asset-backed and scalable, RSR serves more as a fluctuating token that helps ensure that the value of RSV stays stable at all times. Furthermore, it provides users with the cryptographic right to purchase excess Reserve tokens if they wish to do so.

Reserve Rights Token (RSR) is the 92nd largest cryptocurrency in the world by market cap, valued at $1,268,200,401. The current price of Reserve Rights Token is $0.096, which is -0.025% lower than yesterday. Prices have ranged between $0.132 and $0.095 over the past 24 hours. All prices are listed in AUD and accurate as of 23 April, 2021 07:04 UTC.

Where to buy Reserve Rights Token

Find an exchange to buy, sell and trade RSR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

288
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 250 cryptos.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD

257
cryptocurrencies

Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

261
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

250
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

219
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

512
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

Reserve Rights Token at a glance

Information last updated 23 April, 2021 07:04 UTC.
Coin symbol RSR
Total RSR supply 100,000,000,000
Circulating RSR 13,157,804,000
Current price AUD$0.096

Reserve Rights Token price performance over time

Historical prices compared with the price of AUD$0.10.

1 hour -24.31%
24 hours -0.02%
7 days -5.28%
14 days -24.90%
30 days -25.24%
60 days -10.71%
200 days -8.06%
1 year 34.92%

How to sell Reserve Rights Token

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

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

What to consider when buying Reserve Rights Token

  • Solid investor backing: The Reserve Rights protocol is backed by a number of high-profile Silicon Valley giants as well as venture capital firms including Coinbase Ventures, BlockTower Capital, Rocketfuel, Fenbushi Capital, Digital Currency Group and Arrington Capital.
  • Stability-centric business model: The Reserve Stablecoin (RSV) is backed by a number of stablecoins including USD Coin (USDC), TrueUSD (TUSD) and Paxos Standard (PAX), with more assets likely to be added to RSVs basket of backing assets in the near-to-mid term. Each RSV, in turn, is stabilised using the Reserve Rights (RSR) token that acts as a buffer and absorbs any price fluctuations that are being witnessed by the market.
  • Designed for cross-border transactions: The Reserve Rights protocol is designed primarily to help in the seamless transfer of value across international borders in a cheap, sustainable manner. Furthermore, using its various native token offerings, it seeks to protect the savings of its users from the effects of hyperinflation, thus making it ideal for use within countries that are currently witnessing a continual debasement of their local fiat currencies, such as Venezuela, South Sudan and Argentina.
  • Solid backing team: The Reserve Protocol team boasts of a team of 18 highly experienced individuals — including Nevin Freeman, Matt Elder and Miguel Morel — who have worked for tech giants such as Alphabet, Tesla, IBM, OpenAI and Hashgraph in the past.

Disclaimer: Cryptocurrencies, including Reserve Rights Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RSR 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 Reserve Rights Token or any other cryptocurrency discussed.

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