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What is Rubic?

Rubic (RBC) is a cryptocurrency token that powers the Rubic ecosystem, a decentralized finance (DeFi) protocol and multichain DEX aggregator. It enables cross-chain functionality for users and decentralized applications (dApps), allowing for seamless token and NFT swaps across various blockchains. The token facilitates SDK subscriptions, integration service fees, governance, and offers lower fees for holders, making it a crucial component of the Rubic ecosystem.

How is Rubic used?

The Rubic (RBC) token is the native cryptocurrency of the Rubic Finance ecosystem, a cross-chain decentralized finance (DeFi) protocol. The RBC token is primarily used for fee payments across the Rubic exchange, which aggregates liquidity for token swaps across multiple decentralized exchanges (DEXs) and blockchain networks to find the best possible rates.

In addition to fee payments, the RBC token is also used for various services within the Rubic ecosystem, including marketing services and relayer accounting. Users can pay for these services using the RBC token, although in some cases, they can also use other cryptocurrencies like ETH, BNB, or TRX.

How do I store Rubic?

To store Rubic (RBC) tokens, you have two primary options: storing on an exchange or using a non-custodial wallet.

Storing on an Exchange

Holding your RBC tokens on an exchange provides convenient access to various investment products and features, such as spot and futures trading, staking, lending, and more. The exchange securely holds your funds, eliminating the need to manage and secure private keys. However, it is crucial to select an exchange with strict security measures to ensure the safety of your assets.

Non-Custodial Wallets

For enhanced security, you can withdraw your RBC tokens to a non-custodial wallet. This grants you complete control over your private keys. You can use hardware wallets, Web3 wallets, or paper wallets. Be sure to store your private keys securely, as losing them may result in permanent loss of your RBC tokens.

Additional Options

You can also buy RBC tokens directly through certain crypto wallets that support fiat-to-crypto purchases. This involves selecting a reliable wallet, downloading the app, creating a wallet address, and purchasing the cryptocurrency using a supported payment method.

How to buy Rubic?

To buy Rubic (RBC) tokens, you can follow these steps:

Buying Rubic (RBC) via a Centralized Exchange
  1. Choose a Reliable Exchange: Select a trustworthy centralized exchange that supports Rubic (RBC) purchases, such as MEXC or KuCoin. Consider factors like ease of use, fee structure, and supported payment methods.

  2. Create an Account: Enter the required information and set a secure password. Enable two-factor authentication (2FA) for added security.

  3. Verify Your Identity: Complete Know-Your-Customer (KYC) verification, which may require providing identification documents depending on your region.

  1. Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.

  2. Buy Rubic (RBC): Use your added payment method to purchase Rubic (RBC) directly with fiat currency if supported. Alternatively, you can buy a popular cryptocurrency like USDT and then exchange it for Rubic (RBC).

Buying Rubic (RBC) via a Decentralized Exchange (DEX)
  1. Download a Crypto Wallet: Choose a reliable crypto wallet like Trust Wallet that supports Rubic (RBC) and download the app or browser extension.

  2. Set Up Your Wallet: Register and set up the wallet, ensuring you keep your seed phrase safe.

  3. Buy Ethereum: Purchase Ethereum as your base currency on a platform like Binance.

  1. Send Ethereum to Your Wallet: Transfer the Ethereum from Binance to your crypto wallet.

  2. Choose a DEX: Select a DEX that supports your wallet, such as 1inch.

  3. Connect Your Wallet: Link your wallet to the DEX using your wallet address.

  1. Trade Ethereum for Rubic (RBC): Swap your Ethereum for Rubic (RBC) on the DEX.
Additional Options
  • Peer-to-Peer Trading: You can also buy Rubic (RBC) directly from other users through peer-to-peer services offered by exchanges like MEXC.
  • Staking: If you already have RBC tokens, you can stake them to earn passive income.

Remember to always prioritize security and thoroughly research the exchanges and methods you use to buy and manage your Rubic (RBC) tokens.

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