Buy, Sell, & Trade RUNE
Exchange RUNE with USD and Cryptocurrency
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Jump from different blockchains with RUNE without using custodians or wrapped tokens. THORChain is one of the first tokens to eliminate this extra step, and when you start trading with Rubix, you can master various blockchains in time.
THORChain allows users to trade RUNE across different blockchains. Typically, you can only trade currencies on their native blockchains. If you want to branch out, you will have to buy wrapped tokens or interact with custodians, adding more steps to the process. With THORChain, you can jump to different blockchains with no extra steps.
With liquidity pools, THORChain facilitates exchanges by holding tokens in a smart contract. Most blockchains cannot handle the strain of millions of direct trades every day. Instead of buying directly from the seller, buyers receive tokens from the liquidity pool. Since liquidity providers charge a fee, THORChain provides high yields to keep the network running.
RUNE is the coin that traders use on THORChain. The network pays liquidity providers in RUNE, which has a supply limit of $484 million. To add RUNE to your portfolio, you can join the network or buy RUNE through Rubix exchange.
Who created RUNE?
In 2018, a team started to develop THORChain during the Binance hackathon. The team raised money to continue their research, then released THORChain on the decentralized exchange platform Instaswap. After the team raised an additional $1.5 million, they released the mainnet in April 2021. THORChain quickly made history as the first cryptocurrency that users trade across different blockchains.
How do I exchange and trade THORChain?
Join an exchange to start trading THORChain. Before you sign up, check out the exchange’s supported cryptocurrencies to ensure that it supports RUNE. You will also need money in your bank account so you can buy THORChain from the market.
If you are a cautious investor, watch the market for a few weeks. Currencies suddenly drop and skyrocket in price often, but the market gives you a rough idea of the price fluctuations. When the price drops, compare THORChain to other currencies and check the news on how the markets are performing.
Exchange RUNE using Rubix
With Rubix, you can sign up and start buying, selling and trading in minutes. Here’s a look at the benefits of using Rubix:,- Signing up is free — no subscription or sign-up fees,- Minimal trading fees,- Access to dozens of currencies,- Ability to sell your currencies for USD,- Secure, encrypted trading platform,- Graphs that track price fluctuations to help you when trading,- Multiple payment options, including debit and credit card,- Friendly support team alway ready to assist you,- Ability to buy, sell and trade with a few clicks,- Options to send and receive currencies,- Simple app with a clear, streamlined layout,Sign up today to join a thriving market on our centralized exchange. Every day, more buyers and sellers join our platform that deals in popular currencies, including Bitcoin, Ethereum, RUNE etc.
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