RARI is the native cryptocurrency token of the Rarible protocol. It is an ERC-20 token built on the Ethereum blockchain and plays a central role in the Rarible ecosystem, including governing the Rarible protocol and the RARI Chain, as well as facilitating royalty payments to NFT creators.The RARI token was launched in 2020 with a maximum supply of 25 million. Understanding how to buy and trade RARI tokens, as well as which exchanges list them, is essential for users who wish to participate in the Rarible ecosystem.
How to Buy RARI Tokens
There are several main ways to buy RARI tokens:
- Centralized cryptocurrency exchanges (CEX): This is the most common method of purchase.Users need to register an account on a centralized exchange that supports RARI, complete identity verification (KYC), and then deposit fiat currency (such as U.S. dollars or euros) or stablecoins (such as USDT) via bank transfer, credit/debit card, or PayPal, before using these funds to purchase RARI.
- Decentralized Exchanges (DEX): RARI can be traded on decentralized exchanges, such as Uniswap V2 (Ethereum). This method typically requires users to have a non-custodial wallet (such as MetaMask) containing cryptocurrency (such as ETH or other tokens) for trading, as well as ETH to cover network gas fees.
- Direct Purchase via Wallet App: Some cryptocurrency wallets, such as MetaMask, integrate with third-party payment providers, allowing users to purchase RARI directly within the wallet using credit cards, debit cards, Apple Pay, Google Pay, or bank transfers. The advantage of this method is that RARI is sent directly to a self-custodial wallet controlled by the user, without going through an exchange account.
- Via the Rarible Swap feature: The Rarible NFT marketplace itself offers the Rarible Swap feature, which allows users to instantly exchange, bridge, and transfer tokens between different blockchains.
How to Trade RARI Tokens
Trading RARI tokens is similar to purchasing them and primarily involves the following methods:
- Selling on a centralized exchange: Users can transfer their RARI holdings to a centralized exchange that supports the token, then sell it for fiat currency or stablecoins, and finally withdraw the funds to a bank account or via other supported payment methods.
- Exchanging on Decentralized Exchanges: Users can exchange RARI for other cryptocurrencies, such as ETH or USDT, through decentralized exchanges.
- Exchanging/Selling Within a Wallet App: Some wallet apps also support exchanging RARI for other cryptocurrencies or selling it for fiat currency.
- Use for Payments or Lending: In addition to trading, RARI can be used for payments, lending, or participating in other “earn” products to generate returns.
On which exchanges is the RARI token listed?
The RARI token has been listed on multiple centralized and decentralized exchanges, offering broad liquidity and accessibility.
Major Centralized Exchanges (CEX)
According to public information, well-known centralized exchanges that support RARI trading include:
- Coinbase Exchange: Considered one of the most popular exchanges for buying and trading RARI, with high trading activity on its RARI/USD trading pair.
- Gate.io: Supports the RARI/USDT trading pair and has shown strong trading volume at certain times.
- CoinEx: Supports the RARI/USDT trading pair.
- Kraken: Supports the RARI/USD and RARI/EUR trading pairs.
- BingX: Also a popular platform for trading RARI.
- MEXC Global
- CoinW
- Tokpie
- Bilaxy
- CEX.IO
- HitBTC
It is important to note that Binance itself has not directly listed RARI for trading, but users can purchase RARI by connecting to a decentralized exchange via the Binance Web3 wallet.
Decentralized Exchanges (DEX)
- Uniswap V2 (Ethereum): RARI can be traded on this decentralized exchange.
In addition, there are aggregator platforms (such as Swapzone and ChangeNOW) that help users compare RARI exchange rates across different platforms and perform instant exchanges without requiring registration.
When choosing an exchange, users should consider factors such as regional availability, trading fees, liquidity, security measures, and payment methods. It is recommended to carefully research and select a reputable platform that meets your individual needs before conducting any transactions.
