Rubic Exchange Review: Rubic Platform has an ERC-20 Token

About Rubic Exchange

Rubic Exchange is a multichain DeFi ecosystem, which features cross-chain, P2P, and instant swaps across multiple blockchains, aiming to deliver a complete ONE-STOP decentralized platform. For the moment, Rubic enables trades on Ethereum, Matic, and Binance Smart Chain networks. Rubic’s team has been present in the crypto sphere since 2017. Rubic platform has an ERC-20 token, «RBC», which is used as the fuel within the Platform.

First their product was platform MyWish -the leading platform for Smart contracts builders for blockchains (NEO, Ethereum, TRON, EOS, RSK, and WAVES) supported by TRON, Binance, Neo, OKEX, after that It has delivered several successful projects by now and has worked with big players such as Binance, Tron, NEO, and others. Rubic’s platform was launched in September 2020.

Exchange	Details
Exchange Name	Rubic Exchange
Exchange Type	Cryptocurrency
Symbol	RBC
Contract	N/A
Fee	0.015 ETH
Currency Supported	Ethereum, Tron, EOS, NEO and Binance Smart Chain
Support	24/7
Top Country	India
Website	Homepage

How To Sign Up & Start Trading

You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

How Does It Work

There are two options for trading: First, you create a trade on your own terms and wait till another part agrees with them and fills his share. Second, you choose the instant trade option and you will automatically get the market rates. You can create your own token without any coding skills and trade it without having to be listed.

Cost

Currently, the service doesn’t charge any fee for Instant Trades, but we have a fee of 0.015 ETH for creating Order Book trades.

Currency Supported

At the moment, Rubic allows trading for Ethereum-based tokens (ERC-20) and Binance Smart Chain tokens (BEP-20). More blockchains will be implemented soon (see Roadmap). However, to create and manage tokens they already provide multichain services supported by Ethereum, Tron, EOS, NEO and Binance Smart Chain.

Rubic Features

Rubic is a multichain DeFi ecosystem which features cross-chain, P2P, instant swaps and limit orders across multiple blockchains, aiming to deliver a complete ONE-STOP decentralized platform.

Custom routing

Rubic created a routing solution that will allow users to trade any token. The main advantage is the ability to calculate gas prices and show users the best-optimized solution with paying the least amount of gas.

Instant Trade

Execute an instant trade using external DEXs (while getting best rates)

Multichain support

Currently supported blockchains: Ethereum, Binance Smart Chain, Polygon & TRON).

Cross-chain swaps

Complete swaps between these networks: BSC <-> Ethereum, Polygon <-> Ethereum, Ethereum -> TRON and BSC -> TRON.

Faucet

The Faucet feature will allow users to buy tokens using RBC or ETH without KYC. Currently, users are able to buy BNB, but more to come!

P2P Trades

Create your trade and choose your own terms

Limit Order

Set the desired rate and your deal will be executed automatically when one of the DEXs meets the parameters of your deal.

Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.