How to buy Revain (REV) in Australia

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

Revain
REV- USD
REPUTATION
$0.01
-$0.0001 (-0.86%)

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How to buy Revain

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Revain.

  1. Open an account on an exchange that supports REV.
    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 Revain.
  3. Buy Revain.
    Complete your Revain purchase and then find the best wallet to store REV.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Revain?

Revain is a blockchain-based review platform similar to Yelp. According to Revain, 20-60% of all reviews for online merchants are fake. Revain looks to leverage blockchains' public and immutable distributed ledger technology in order to create the world's first unbiased feedback platform. This is an ERC20 token, meaning it runs on the Ethereum blockchain, and is designed to provide developers with constructive feedback about their creations. Revain´s project consists of 7 major blockchain divisions: games, wallets, mining pools, cards, casinos, projects and exchanges. Revain offers a dual-token system: the REV and RVN tokens (disclaimer, this is a different token from Ravencoin, a completely different company which also uses the ticker RVN). The RVN token is a stablecoin used exclusively on the Revain platform. The REV token is openly tradable and is aimed at incentivising authors to write reviews and companies to onboard their projects.

Revain (REV) is the 1413rd largest cryptocurrency in the world by market cap, valued at $3,058,033. The current price of Revain is $0.00634308, which is 0.000% lower than yesterday. Prices have ranged between $0.0064247 and $0.00624624 over the past 24 hours. All prices are listed in US dollars and accurate as of August 05, 2021 03:08 UTC.

Where to buy Revain

Find an exchange to buy, sell and trade REV 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

304
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
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Revain at a glance

Information last updated August 05, 2021 03:08 UTC.
Coin symbolREV
Total REV supply60,550,308,334
Circulating REV484,450,000
Current priceUS$0.00634308
Notable team membersRinat Arslanov
PartnershipsKuCoin, DragonEx
IndustryReview platform
Token usesUtility token
NetworkEthereum

Revain price performance over time

Historical prices compared with the price of US$0.00634308.

1 hourN/A
24 hours 0.00%
7 days 0.52%
14 days 0.18%
30 days -1.41%
60 days 10.01%
200 days -19.53%
1 year -41.86%

How to sell Revain

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

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

What to consider when buying Revain

Revain is solving a real world problem using an innovative solution. Leveraging the power of public distributed ledger technology, it is a token worth researching.
  • Great use case. It is always important when reviewing a cryptocurrency to see what is the problem that needs to be solved; in this case, there is a dilemma within the online review space. The Revain team has correctly identified this problem and ingeniously proposed a solution to the issue. There could be a serious market for this type of project, and we look enthusiastically at its future.
  • Changes in the reward system. Revain recently modified its reward system, in a bid to improve its project. However, users were not happy with the change and are threatening to leave, striking a blow to a company which is, ironically, dedicated to user reviews. This leaves the door open for a smaller user base, as well as the precedent for changes from the team without community consensus.
  • No roadmap. It's always important to know what projects are doing and which stage of development they are at. Unfortunately, we couldn't find any documents relating to the Revain roadmap that could indicate what phase they are in.

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

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