FAQ • RECT Token • Rectifier Exchange

Check step-by-step guides and useful links for more information. If you still have questions or proposals please write to support or send it to support@rectifier.cash.

🔹What is the difference between Rectifier Exchange and RECT Token?

RECT Token is a TRC20 Token introduced by the Rectifier team and used in trading within the  Rectifier Exchange bot . 

Rectifier Exchange is the biggest and most secure crypto exchange in Telegram implemented as a bot. Check useful links for more information about our exchange!

🔹How can I invest in RECT Token?

Any investor can purchase RECT Token in the official  Telegram bot. All you need is a wallet with a balance to exchange one of the acceptable cryptocurrencies (e.g., BTC, ETH, USDT, BNB, BUSD, TRX, USDC, LTC) for RECT Token and the Telegram app. You can also replenish your wallet with a card. You can also use another currencies. Contact support for more information. A step-by-step guide titled  how to buy RECT Token.

🔹How can I sell RECT Token?

RECT Token trading can be completed using the Telegram bot. At this moment, automatic withdrawal is available in RECT and USDT (BTC, ETH, BNB, BUSD, USDC, TRX, LTC withdrawals are coming soon). After providing an address for withdrawal, your money will be automatically transferred to it. Withdrawal transfers take between 1-120 minutes depending on the network load. It's quiet simple. Just follow instructions in the bot.

🔹What is the reason behind such stable growth of RECT Token?

The exchange rate growth is caused by an ever-growing Telegram audience. Regarding the official information by Telegram, the number of messenger users is growing by 100 million per year. Telegram’s plans to achieve one billion permanent users by the end of 2022. With increasing users also comes the increasing need for its own internal cryptocurrency. Messenger is developing rapidly and additional goods and services are becoming available through Telegram. To maintain the principles of anonymity, Telegram needs its own cryptocurrency operating on the basis of official data transfer protocol by Telegram: MTProto. RECT Token is the first cryptocurrency in the world that uses this data transfer protocol.

🔹What are the advantages of Rectifier Exchange over exchanges like Binance, Coinbase, etc?

Rectifier Exchange allows you to convert cryptocurrencies, pay with card, stake RECT and more without registration and identity confirmation. In addition, the advantage of Rectifier Exchange is the lowest fees and no hidden taxes. For example, the commission for P2P transfer is 0%. All you need to work with Rectifier Exchange is Telegram. We are fast, simple, and anonymous.

🔹What is the minimal deposit?

The minimal deposit is $0.01 with cryptocurrency and $10 with a card.

🔹How do I take part in an airdrop?

Airdrop 1.0 and 2.0 campaigns are over.  Airdrop 3.0 will be announced in Q1, 2023. Join our Telegram group or channel to stay in tune!

🔹Is RECT Token in the pre-sale stage?

No, users are already trading and exchanging RECT Token in the Rectifier Exchange bot.

🔹I can't find RECT Token on major exchanges. When will it be listed?

Today, the trading of RECT Token is completed within the Telegram bot. Listings on the major exchanges is planned for April, 2023 and depends on the number of holders and bureaucracy. We are planning to sell 85% of Tokens (total supply 95,000,000) before listing on exchanges.

The first step is adding Rectifier project as an exchange. After that we will initiate listing of the RECT Token on major exchanges. 

🔹Can I buy RECT with cryptocurrency that is not in the list?

Yes, sometimes you can buy RECT Token for cryptocurrency that is not listed in our bot: BTC, ETH, USDT, BNB, BUSD, USDC, LTC, TRX.

SOL, ADA, XRP, TON will be added soon. Check upcoming updates!

🔹What is the internal and external supplies?

Internal supply is the amount of RECT Tokens that are publicly available and held in Rectifier DEX bot wallets.

External supply is the number of Tokens that are publicly available and circulating between external wallets.

If you withdraw RECT Tokens from the Rectifier Exchange bot, they go into external supply, and vice versa.

🔹I have invested in RECT Token and need a tax reporting document.

You can download an example of the tax document here.

🔹I have purchased RECT Token and hold it in the Rectifier Exchange bot. Is it safe?

Yes, your investments are completely safe. Telegram officially offers the MTProto protocol, which is the most anonymous and sage data transfer protocol. Telegram is famous for being an extremely anonymous and independent application, which guarantees full security.

🔹Can I add RECT Token in a cryptocurrency wallet such as Trust Wallet or the Tronlink extension?

Yes, you can add RECT Token in these wallets. After you withdraw RECT from the bot, you will receive your Tokens in the app or extension automatically.

You need to add our smart contract: TXgncpy7ZuD6A6CZDVLwUCxXwu5CiFoFXL in the custom Token field.

Check the step-by-step guides on how to do it: Tronlink , Trust Wallet.

🔹How do I transfer RECT Token from my wallet to someone else’s wallet in the Telegram bot?

Use P2P transfer function in the [Wallet]. You need to enter user’s ID, choose the currency (RECT or USDT), amount, and confirm procedure. 

There are no any fees for P2P transfers between Rectifier Exchange users.

🔹What is RECT NFT?

The Rectifier team is working hard and developing a Telegram bot for NFTs. Follow our channel to stay informed. The launch of this ambitious project is planned for Q3 2023.

🔗 Associated pages:

• RECT bot • RECT Token website • Rectifier Exchange website • Guides • Useful links • Last updates