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The Raiden Network is an infrastructure solution that is layered on the Ethereum blockchain. Some of the projected use cases include building scalable retail payment solutions with competitive fees, or a P2P payment gateway to enable the easy transfer of funds between different entities. Micropayments for the Internet of Things (IoT) ecosystem is another proposed solution. These micropayments could power APIs, bandwidth, computing power, storage, or electricity.
We list the top 3 exchanges that offer the ability to buy Raiden Network Token (RDN) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Raiden Network Token (RDN), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australia & UK residents.
USA & Canada residents are prohibited.
Founded in 2017, Bibox is a centralized exchange built for servicing the digital asset sector. The exchange maintains a user base of over 1 million, spanning 160 countries. Services on the platform include spot trading, copy trading, futures trading, DeFi mining, lending/borrowing, and more.
Digital assets supported by the platform total nearly 600, with more constantly being added – one of these being Raiden Network Token (RDN).
Currently, residents of China, Japan, and the United States are prohibited from using Bibox.
Bancor was one of the first decentralized platforms that enabled the automated conversion of cryptocurrency tokens into other tokens, regardless of the originating blockchain. The technology does not require an order book or counterparty to facilitate the exchange. The exchange of tokens is performed entirely with the assistance of smart contracts. They are one of the few exchanges that currently list Raiden Network Token (RDN).
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