Crypto exchange SFOX adds support for Ravencoin (RVN) trading
SFOX, a prime cryptocurrency exchange, announced today users can now trade Ravencoin (RVN). Ravencoin RVN is the native currency of the Ravencoin blockchain, which has the goal of making digital asset management and issuance simple and scalable.
Assets can be fungible or non-fungible Assets can be scarce or unlimited Assets can be unregulated or programmed to abide by applicable regulations (e.g., U.S. securities laws) RVN functions a little like gas does on Ethereum for ERC-20 tokens: users burn RVN for asset creation (between 500 RVN and 3000 RVN, depending on the asset type), and they pay fees in RVN for asset transfer. As a project, Ravencoin is also known for prioritizing decentralization: it claims no central leadership, it doesn’t presently have any kind of supporting foundation, and its mining algorithm, X16R, is designed to be ASIC-resistant in order to allow anyone to reliably mine RVN.
RVN |
$ 0.0333
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