+40.10% growth: How to Buy ReddCoin (RDD) – A Step by Step Guide
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What is RDD?
Launched in 2014 as a fork of Litecoin, Reddcoin (RDD) is a decentralized cryptocurrency used to tip or send payments for social content. The Reddcoin API supports social platforms such as Reddit, Twitter, and Twitch. Accounts created on the Reddcoin wallet can be linked to Twitter, Twitch, and Reddit accounts. Upon downloading the ReddID browser extension, users can “like” content by entering the username and sending a micropayment. RDD is mined by the ReddID wallet through Proof-of-Stake-Velocity (PoSV), which incentivizes both ownership (stake) and activity (velocity).
Currently RDD is being ranked 80 out of the top 100 cryptocurrencies on Coinmarketcap and has recently surged a hefty 40.10% at the time of writing.
RDD has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy RDD.