How To Buy Ravencoin On StealthEX
If you are looking for where to buy Ravencoin (RVN), we will show you how to buy RVN crypto for another cryptocurrency using the StealthEX exchange platform. StealthEX is a convenient and user-friendly cryptocurrency exchange.
What Is RVN Crypto?
Ravencoin is a relatively young project, it was launched on January 3, 2018. The coin is a fork of Bitcoin. So, the code of this cryptocurrency was used to create the RVN coin.
Yet, RVN is quite different from BTC:
- It takes exactly one minute to create a block.
- The basic block size is 1Mb, just like Bitcoin, but the system will automatically scale if necessary.
- All transactions on the network are anonymous and hidden from third-party users, but everyone on the network can track the movement of their transactions
- The maximum number of RVN tokens is limited to 21 billion.
- The system is decentralized and open. Anyone can download program codes from GitHub and take part in the development of the platform.
- RVN mining runs on the X16R algorithm. It is not unique, and Gravium, Hilux and other coins are also mined with it. Furthermore, this algorithm is inaccessible to ASIC miners.
However, the biggest concern in the cryptocurrency community was caused with the unusual start of the Ravencoin coin project. The developers refused to launch an ICO, presale and pre-mining of coins.
Most traders and analysts agree that the coin has every chance of success. When assessing the Ravencoin price prediction, they point to a good technical implementation of the coin, as well as the professionalism of this cryptocurrency team.
Where To Buy Ravencoin?
If you want to read Ravencoin news to exchange this token, use StealthEX. Here you can select from more than 300 tokens and don’t have to wait much for the transaction.
First, you should choose Ethereum in the left drop-down list. Then choose Ravencoin in the right list of coins.
After setting the pair it is necessary to enter the amount of ETH you want to exchange.
Here you will see the estimated amount of Ravencoin coin that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
As the second step, you need to provide the Ravencoin recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
At first, you will see the address where you need to send your ETH coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending Ethereum to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
- The first status is Awaiting deposit.
- The following status is Confirming. This means that StealthEX is confirming the transaction you made.
- The next status is Exchanging. During this time the exchange is being made.
- Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your RVN coin.
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive Ravencoin to the address provided. To be sure that RVN coin was sent to your wallet you can also use the Output hash shown on this page and check it in the Ravencoin blockchain list of transactions.
From here you can either create a new exchange on StealthEX.io or leave the page and check your Ravencoin wallet to be surprised at how fast you got RVN crypto. Usually, the process is quite rapid so you won’t need to wait long.
If you have remaining questions about the StealthEX exchange service you can go to our FAQ section and find all the necessary information there.
We are always ready to give you support if you have any issues with exchanging coins. Our team does our best to protect all members and answer their questions. For all requests message us via [email protected]
You are more than welcome to visit StealthEX exchange and see how fast and convenient it is.
December 23, 2020