Reserve Rights (RSR), the original token of the Reserve Protocol, is up 33% in the past 24 hours as the mainnet launch approaches. The token was trading at $0.007756 at the time of printing.
The mainnet launch is expected to take place in October this year and five audits have already been completed so far.
To help traders looking to take advantage of the current Reserve Rights price surge ahead of the mainnet launch, TBEN has prepared this short guide on where to buy the RSR token.
Read on for more information.
Where to Buy RSR Cryptocurrency
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, with over 600. Binance is also known for its low trading fees and a multitude of trading options that its users can take advantage of such as; peer-to-peer trading, margin trading and spot trading.
Buy RSR with Binance today
Kucoin is a cryptocurrency exchange that offers more than 200 cryptocurrencies. Kucoin has a wide range of services such as; a built-in peer-to-peer exchange, spot and margin trading, bank-level security, and a wide variety of accepted payment methods. Users can take advantage of a beginner-friendly interface and relatively low cost.
Buy RSR with KuCoin today
What is cryptocurrency with reserve rights?
Reserve Rights (RSR) cryptocurrency is a native token of the Reserve Protocol, which is a pool of stablecoins. It was launched in May 2019 after a successful Initial Exchange Offering (IEO) on the Huobi Prime platform.
The Reserve Protocol is designed to mitigate risk through diversification and decentralized governance.
The RSR token is an ERC token and is used to secure Reserve stablecoins (RTokens) on the Reserve Protocol through staking and to control the Reserve Protocol pools by proposing and voting on changes to be made. implemented in the pool configurations.
RSR strikers receive a wagering reward for providing insurance to RTokens.
Should I buy RSR today?
RSR could be a good buy as the price rises ahead of the mainnet launch, which is expected to trigger further upward movement.
However, the cryptocurrency market is an extremely volatile market and can be very unpredictable at times. That is why it is important to proceed with caution.
Price prediction for reservation rights
Analysts expect RSR to maintain the current bullish trend, which they say will gain momentum after the launch of the Reserve Rights mainnet, scheduled for October.
Rights reserved social media trends
1/4 Reserve Protocol is pleased to announce the next chapter.
With five audits complete/near complete, full protocol implementation will begin in October 🎉
We invite you all to our launch event in Bogotá to hear all about it. pic.twitter.com/8quSFQFwph
— Reserve (@reserve protocol) September 20, 2022