Ravencoin (RVN) - All you need to know

Learn everything you need to know about Ravencoin. This page has introductory guides and useful information to help you get started in cryptocurrency.
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Updated: Jan 31, 2022

Ways to invest in Ravencoin

You can start by signing up to an online broker or exchange platform. Once you have an account, you can buy, sell, or trade coins as much as you like according to an investing strategy that suits you.

You can use a broker to trade coins quickly, or grab some coins on an exchange to hold them for a long time. There are investment vehicles like mutual funds and ETFs that take the responsibility of picking individual coins out of your hands. Use the links below to learn more about how each method works.

Get started guides

What is Ravencoin?

Ravencoin is a piece of software that turns real-world assets into digital tokens that can be traded online. The software has its own cryptocurrency, also known as Ravencoin (RVN), that’s the means of payment for all these assets. It’s also used to create new assets, issue dividends, and vote on governance issues.

The Ravencoin project began in 2018 as a fork of Bitcoin. In cryptocurrency, a fork is when one party copies the code then modifies it to create something fundamentally different. This allowed it to issue its own cryptocurrency and add new transactions faster.

How does Ravencoin work?

Ravencoin works by storing a history of its transactions on a public ledger known as a blockchain, and its blockchain is, unsurprisingly, very similar to the Bitcoin blockchain. Using a blockchain means the ownership of an asset can be tracked and verified as it passes from person to person.

Asset creation is Ravencoin’s unique function. If you want to create a new asset, you pay some RVN to turn it into a token, give it a unique identifier, and decide on the rules around it. One popular feature is that you can hand out rewards to anyone who owns your token, which can be used as a way to issue dividends or create incentives for people to buy it.

How to invest in Ravencoin

There are lots of different options available, and we have put together a list that summarises each of the ways in turn. You can find it below, and it’s a good idea to read through them all so you can get to grips with the approaches you can use.

Where can I buy Ravencoin now?

1
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$1
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User Score
10
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Full regulations list:
2
Min. Deposit
$30
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Full regulations list:
3
Min. Deposit
$1
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User Score
8.7
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Full regulations list:

Latest Ravencoin price analysis

Ravencoin (RVN) price prediction after February sell-off
March 6, 2022
Ravencoin (RVN) price prediction after September sell-off
October 9, 2021
Ravencoin (RVN) price analysis for August 2021
July 27, 2021

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James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.