Serum’s autonomous exchange relies on Raydium, an automatic trading platform (AMM) and stability provider based upon that Solana blockchain (DEX).
What Is Raydium [RAY]?
On-chain liquidity is provided by Raydium to a central place order book, which means that monies received into Raydium are transformed into limit orders on Serum’s order books.
A Step-by-Step Guide to Purchasing Raydium [RAY] Quickly
Step 1. Create an account
The quickest and most convenient way to acquire RAY is via an electronic marketplace. Because RAY is a relatively new cryptocurrency that is still trying to acquire traction, this is not compatible with all major trading platforms at this time. Changelly, on the other hand, has it available.
Step 2. Put money into the account
Although it is not needed to utilize a wallet in order to buy RAY, doing so can provide a second layer of protection to your crypto investment in general. Coinbase and other virtual currencies are concerned with the protection of your money, but cryptocurrency wallets allow you to hold on to your digital assets as if they were your own.
Step 3: Purchase RAY, either leveraged or not
Once you have passed the Know Your Customer (KYC) procedure. When you reach this step, you will be asked to provide such a payment system. When completing this form, you will have the choice of entering a credit/debit profile or completing a bank transfer. Even though you may incur more fees if you use a credit or debit card, you will have the ability to finish your transaction almost instantaneously.
How To Purchase Raydium [RAY] Using A Variety Of Methods?
The cryptocurrency RAY has been published on a variety of cryptocurrency exchanges; but, unlike other digital coins, it can also not be purchased directly with fiat money. In any case, you may still simply purchase this coin by first purchasing Bitcoin from every fiat-to-crypto exchange and then transferring to an exchange that trades RAY. In this guide article, we will take you through the procedures to purchase RAY in greater detail.
How to Buy Raydium [RAY] Using a Credit Card or Debit Card?
Individuals interested in purchasing RAY on eToro can do so using credit and debit cards, which are among the most popular methods of depositing and withdrawing RAY funds. Customers receive guaranteed payback in the form of RAY tokens for every purchase they make. Their tokens can be exchanged quickly for a variety of cryptocurrencies, USD/EUR, or sent to VISA/MasterCard accounts, or they can be saved in a savings account.
Any eToro client in any of the 140+ approved countries can purchase RAY with a credit/debit card through the company’s website.
How To Buy Raydium [RAY] Using PayPal?
RAY purchases with PayPal are possible on eToro, one of the few cryptocurrency trading platforms that allow consumers to do so. Furthermore, the deposit option is preferred over all other eToro online payment methods due to the fact that deposits are rapid and transaction processing rates are among the most affordable available. The most significant disadvantage is it’s only accessible in places where PayPal and eToro are authorized.
How To Buy Raydium [RAY] Using eWallets (Skrill, Neteller)
In the event that clients of eToro live in a country where PayPal also isn’t accepted, they may always purchase RAY on the website or pay with eWallets such as Skrill and Neteller. When purchasing RAY on eToro using eWallets (such as Skrill and Neteller), processing data is also quick, straightforward, and economical due to the use of blockchain technology.
How To Buy Raydium [RAY] Using a Bank Wire
In the event that all other deposit alternatives fail, the bank transfer alternative. It can be used to resolve the situation. Bank deposits and withdrawals, in contrast to all other eToro deal with these problems, take significantly longer to process, taking from 3 and 8 business weeks before the funds are credited to your trading account.
How to Buy Raydium [RAY] By Remaining Completely Anonymous (Without ID Verification):
Va native token is listed on several major cryptocurrency exchanges — including Binance, Mandala Exchange, FTX, Gate.io, and ZT— where it is available to be traded against fiat currencies, stablecoins, and other cryptocurrencies.
FAQs
What Are The Three Main Features Of Raydium [RAY]?
RAY is used for:
- Protocol fees can be earned by staking.
- Receiving IDO allocations as a result of a guarantee.
- Protocol decisions are voted on by the governance.
What is the average number of circulation of Raydium [RAY]?
On February 21st, 2021, Raydium’s primary net became life, with 555,000,000 tokens issued at the genesis date.
