RabbitX (RBX) is a decentralized derivatives exchange built on Starknet, offering a global, permissionless, and secure platform for traders. It provides 24/7 access to global markets with 20x leverage, zero gas fees, and milliseconds latency. The exchange combines innovative ZK infrastructure with a powerful risk engine and a user-friendly interface, aiming to create a robust, secure, and liquid global derivatives network.
The RabbitX (RBX) token is a utility token designed to enhance the trading experience on the RabbitX platform. It provides several benefits to users, including:
Community Rewards: 325 million RBX tokens are allocated for community trading and staking rewards, encouraging active participation and promoting a healthy trading environment.
Liquidity Mining Rewards: 75 million RBX tokens are dedicated to incentivizing users and market makers to provide liquidity to RabbitX, ensuring deep orderbook liquidity.
Treasury: 200 million RBX tokens are set aside for future protocol upgrades, strategic partnerships, and ecosystem development.
Investors and Team: Tokens are allocated to early investors and the RabbitX team, subject to vesting schedules to ensure long-term alignment with the platform's objectives.
Automated Trading Strategies: RBX tokens can be utilized to create and manage automated trading strategies, enabling seamless cryptocurrency trading without manual intervention.
These uses of the RBX token align the success of the RabbitX platform with the interests of its community, fostering a robust and liquid derivatives exchange.
To store RabbitX (RBX) tokens, you need to merge your account with a compatible digital wallet. This wallet will be used to receive the tokens. Ensure that your wallet is compatible with the RabbitX ecosystem and follow the project's guidelines for setting up and linking your wallet to your account.
To buy RabbitX (RBX) tokens, you can follow these steps:
Choose a Reliable Exchange:
- Select a trustworthy centralized exchange (CEX) that supports RabbitX (RBX) purchases, such as Binance or KuCoin.
- Alternatively, you can use decentralized exchanges (DEXs) like Uniswap V2, BingX, or MEXC.
Create an Account:
- Register on the chosen exchange by providing the required information and setting a secure password.
- Enable two-factor authentication (2FA) for added security.
Verify Your Identity:
- Complete Know-Your-Customer (KYC) verification, which may require providing identification documents and other personal information.
Add a Payment Method:
- Set up a payment method, such as a credit/debit card or bank account, following the exchange's instructions.
Buy RabbitX (RBX):
- Use your added payment method to purchase RabbitX (RBX) directly or buy a popular cryptocurrency like Ethereum (ETH) or Tether (USDT) and then exchange it for RBX.
Transfer to a Wallet (Optional):
- If you want to store your RabbitX (RBX) tokens securely, transfer them to a reliable crypto wallet like Trust Wallet, ensuring you keep your seed phrase safe.
- Monitor and Manage Your Tokens:
- Keep track of your RabbitX (RBX) tokens and their market performance on platforms like CoinMarketCap or CoinGecko.
Remember to always research and understand the fees, risks, and market volatility associated with buying and holding cryptocurrencies.
