How to buy Ravencoin online

Ravencoin is a marketplace for creating and trading digital assets with an ownership history stored on the blockchain for anyone to see. Use this page to learn about the project and its native cryptocurrency, RVN coin.
By: James Knight
James Knight
When he isn’t at work, James is an avid trader and golfer who likes to travel. He once fed,… read more.
Updated: May 14, 2021
Tip: our preferred broker is, eToro: visit & create account

This beginner’s guide is an introduction to the Ravencoin cryptocurrency. It teaches you how the software works and what it means to create a digital token. In addition, you can read a step-by-step guide explaining how to buy RVN coin online.

Compare where to buy Ravencoin, and open an account

If you want to know where to buy Ravencoin crypto now, you can use one of the links below. These brokers have been assessed by our team of analysts so you can trust them as some of the top options around. If you want to learn more before getting involved, keep reading.

1
Min. Deposit
$50
Exclusive promotion
User Score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
2
Min. Deposit
$1
Exclusive promotion
User Score
9.3
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, Array, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:
3
Min. Deposit
$10
Exclusive promotion
User Score
8.7
The broker offers access to a trusted MetaTrader trading system
Pricing is ensured to be completely transparent, also providing accuracy and speed
Trade a Wide Variety of Assets with Leverage up to 1:500
Start Trading
Description:
LonghornFX is a true ECN STP broker dedicated to delivering a superior trading experience to traders no matter their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.
Payment Methods
Bitcoin, Credit Card, Debit Card, Visa
Full regulations list:
LonghornFX offers high-leverage trading on a wide variety of assets. Trading with leverage carries a degree of risk which may result in losing more than your investments. Clients should practise risk management to protect themselves from losing more than they can afford when trading with leverage.

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 buy Ravencoin online – a step-by-step guide

Step 1. Find an exchange

Cryptocurrency exchanges are the best place to buy Ravencoin in the UK and elsewhere. Check out some of the options at the top of the page, or choose from the top two exchanges below:

  • Binance: With Binance you can trade more than 100 cryptocurrencies. Binance has more trading volume than any other exchange and so is a great place for most crypto trading. Sign up for Binance >
  • Bittrex: Bittrex is a popular, user-friendly exchange that also offers more than a hundred cryptos. It’s a good place to find coins you might struggle to find elsewhere. Join Bittrex now >

Step 2. Sign up and fund your account

Before you start trading you need to set up an account. It’s a simple process, needing a few contact details and a form of photo ID for verification. To fund it you can usually use fiat currency, but again some exchanges might only accept deposits in crypto. In that case, find somewhere to get some Bitcoin first and use that to fund your account.

Step 3. Purchase

The Ravencoin ticker is RVN, search for that on your chosen exchange and you’ll be presented with a list of swaps you can make. For example, if you’re using Bitcoin then look for the RVN/BTC pair and execute the trade.

Step 4. (Optional) Get a suitable wallet

A wallet is an excellent place to store your new crypto coins. You don’t have to get a wallet as you can leave your coins in your exchange account. For more control and security, however, a wallet is the best way to store them. There are lots of different ones available, from phone apps to hardware wallets that keep your coins entirely offline.

Here are two of the top wallets around:

1
Min. Deposit
$1
Exclusive promotion
User Score
10
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Payment Methods:
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, Array, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full Regulations:

How to trade Ravencoin – a step-by-step guide

Step 1. Find a broker

To trade cryptocurrency you need to find a broker with as low trading fees as possible. Trading means lots of opening and closing positions and you don’t want to lose a chunk of your money every time.

At the moment, Ravencoin is a small cryptocurrency that’s not available with many brokers. That might change in the future, and when it does eToro and Plus500 are two of the top brokers to start with.

Step 2. Deposit money

You have to fund your broker account with fiat currency. A lot of brokers charge fees for deposits and withdrawals, which is another thing to consider before you sign up.

Step 3. Decide how you’d like to trade

To trade crypto you have a couple of options, two of the most popular are CFDs (contracts for difference) and spread betting. In both cases you use them to speculate on the performance of a coin or market without needing to own the asset directly.

Step 4. Start trading 

The best way to start trading is with a beginner or demo account. Any broker worth using offers one and it’s a way of getting used to the market without putting your own money at risk.

As far as the trading itself goes, a coin’s price can either go up or down. If you think it’s going to go up, you should take a long position. Otherwise, take a short position and back it to go down.

One more strategy worth knowing about is trading with leverage. You might have heard a lot about leverage, but be careful. It basically means putting up a small amount as a deposit to make a much larger trade. This can lead to big wins but it’s very risky as it can leave you open to big losses if you get the market wrong.

1
Min. Deposit
$50
Exclusive promotion
User Score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA

Still undecided?

Don’t worry if you aren’t sure whether to get involved, it’s always a good idea to take time to think about an investment. Here are some of Ravencoin’s pros and cons to help you, followed by some more questions to think about.

Pros

  • You can use it to turn anything into an asset and trade
  • Earn dividends and rewards by buying tokens
  • Could be an investment in the future if more asset trading moves online

Cons

Finally, here are three questions for you to consider as you decide whether to invest in Ravencoin.

1. Is now a good time to buy RVN tokens?

It depends on your goals. If you want to get involved by creating and trading assets with the software, then it probably is a good time to get some RVN coins. For traders, a bit more thought is required.

Investors in it for the long haul want to think about the state of the overall crypto market. Is it in a bull cycle? If so, maybe you want to invest now. Short-term traders should spend more time comparing the current price to other coins. Both types of investor can use our market analysis here to help them:

2. What problem does Ravencoin solve, and what are the coin’s investment prospects?

Ravencoin solves the problem of tracking ownership of assets by turning them into digital tokens with a transaction history stored on the blockchain. This means you can always verify who owns an asset, or create your own unique tokens out of anything of value.

Its investment prospects depend on attracting new people to come trade on the software. There are competitor platforms like 0x that also offer somewhere to create and trade digital assets. Ravencoin, though, has digital dividends and incentives and ways of communicating between token holders that might foster a community.

Ultimately, investing in crypto is all about doing your research. Things change quickly and new developments can cause sudden spikes or falls in the price of a coin. Here is the latest news you need to know:

Ravencoin RVN/USD has weakened from the recent highs above $1.16, registered on 4th September, below $0.09, and the current price stands around $0.11. Create and trade any asset Ravencoin is a peer-to-peer blockchain that enables the efficient creation and transfer of assets from one party to another. Ravencoin allows…
Ravencoin RVN/USD currently trades around the $0.0588 level, and it would be a strong buy signal if the price jumps again above $0.10 resistance. Fundamental analysis: There is still a level of uncertainty surrounding this project Ravencoin is a peer-to-peer blockchain that enables you to transfer assets from one…

3. Do you want to hold Ravencoin for the long term?

The answer is yes if you intend to trade assets on its software. Otherwise, it depends on your investment goals and how quickly you want to see returns. Here are some final things to consider depending on whether your time frame is long or short term.

Considerations for a long term investment strategy

Long-term investors want to see growth over time. If you think there’s a good chance the software becomes a popular hub for trading digital assets, it’s a good idea to find an exchange and get some coins. Think about getting a wallet to store them as well.

Considerations for a short term trading strategy

For short term traders the most important thing is choosing a broker with low fees. You want to open and close trades quickly with minimal costs. A knowledge of technical indicators like charts and bases can be useful if you want to trade.


Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Lead content editor
When he isn’t at work, James is an avid trader and golfer who likes to travel. He once fed, rode, and ate an ostrich all on… read more.