Ravencoin is a blockchain designed for issuing and transferring assets, with RVN as its native coin. It is based on Bitcoin-derived code but has its own network and KAWPOW mining. A token created on Ravencoin is a separate issuer-defined asset, not automatically RVN or a legally enforceable ownership right.
payments Ravencoin
Ravencoin
(RVN)
Ravencoin is a blockchain designed for issuing and transferring assets, with RVN as its native coin. It is based on Bitcoin-derived code but has its own network and KAWPOW mining. A token created on Ravencoin is a separate issuer-defined asset, not automatically RVN or a legally enforceable ownership right.
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What is Ravencoin?
Answer sources checked
20 answers source-reviewed with Codex assistance. Reviewed . This review covers the answers, not exchange listings or the rest of the page.
How does Ravencoin work?
Ravencoin uses proof-of-work miners and a UTXO-based ledger to record transactions. Its current mining algorithm is KAWPOW; older X16R descriptions are historical. Asset-aware rules let users issue and move named tokens, while RVN remains the native coin used for network fees and issuance-related burns.
Who created Ravencoin?
Bruce Fenton and Tron Black are credited on the Ravencoin white paper, and the project's document page also credits Joel Weight. Ravencoin launched as an open-source project built on earlier Bitcoin developers' work. These credits do not identify an owner with unilateral control of the network.
What is Ravencoin used for?
RVN pays transaction fees and is burned for certain asset-issuance operations on Ravencoin. Users can create tokens representing digital items or other claims, with the issuer setting their purpose. A blockchain entry alone does not prove that an off-chain asset exists or that its issuer will honor a claim.
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Where can you buy Ravencoin?
Check RVN's current availability on a platform's official trading interface and verify that your account is eligible. Confirm native Ravencoin deposits and withdrawals rather than assuming a Bitcoin-compatible codebase means Bitcoin-network compatibility. Project wallet links establish wallet options, not a guaranteed exchange listing or bank-payment route.
Ravencoin exchange reference guides
Before you buy| Exchange | Observed pairs | Catalogue status | Checked (UTC) | Checklist |
|---|---|---|---|---|
| Binance | RVNBTC, RVNBUSD, RVNTRY + moreBinance.com global public spot catalogue; not Binance.US or regional/account access | Reported open | Check route | |
| OKX | RVN-EUR, RVN-USDC, RVN-USDTOKX public SPOT instruments joined to the first thirty-eight global ALL market pages plus three existing category pages. Only explicit SPOT rows with matching API trade ID and base symbol supply names; stocks, swaps and unknown products are excluded. Bounded identity coverage, not regional/account, funding, contract or withdrawal eligibility. | Reported open | Check route | |
| Bybit | RVNUSDTBybit global public crypto SPOT instruments with empty symbolType only, joined to the provider-declared CoinGecko ID mapping and exact symbol/full name on its English price page. Price-page coverage is bounded; unmatched identities stay unknown. Not regional, account, funding, contract or withdrawal eligibility. | Reported open | Check route | |
| Gate.io | RVN_USDTGate global normal spot currency-pair catalogue and embedded full names from api.gateio.ws; premarket excluded; not Gate.US/EU/Dubai, account, region or funding eligibility | Reported open | Check route | |
| Binance.US | RVNUSD, RVNUSD4, RVNUSDTBinance.US public spot exchangeInfo plus its own price-page JSON-LD full names and ticker identifiers; not Binance.com, One Click Buy, state, funding or account eligibility. | Reported open | Check route | |
| MEXC | RVNUSDC, RVNUSDTMEXC public spot exchange information; API permission is separate from catalogue membership and account access | Reported open | Check route | |
| HTX | rvnbtc, rvnht, rvnusdtHTX global public spot symbols plus complete currency full-name settings; explicitly tagged ETPs excluded; API status is not regional/account, retail, contract/network or funding eligibility | Reported open | Check route |
How to buy Ravencoin
Plan your purchaseHow much Ravencoin?
How can you buy Ravencoin safely?
Verify RVN and the native Ravencoin withdrawal network before confirming an order. Obtain a compatible wallet from the project's verified links and check release hashes or signatures where provided. Do not buy an issuer-created Ravencoin asset merely because its name resembles RVN, and protect your wallet backup.
Can you buy a fraction of Ravencoin?
Yes. Ravencoin Core defines 100,000,000 base units per native RVN, so RVN supports fractions to eight decimal places. The white paper separately lets issuers choose divisibility for their own assets; those settings do not determine native RVN's denomination. A trading platform can impose larger minimum orders and withdrawal limits.
How much does it cost to buy Ravencoin?
The total cost of RVN includes the order value and any spread, trading or funding charges. Withdrawing adds the provider's stated charge, which may differ from the Ravencoin network fee. Asset creation can also burn RVN, but that is a different operation from purchasing or sending ordinary RVN.
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How much is one Ravencoin worth?
RVN has a changing market price; use this page's timestamped dynamic reference panel for an indicative value. Confirm that the quote is for RVN, not a similarly named asset issued on Ravencoin. Your actual trade can differ because of liquidity, spread and platform charges.
Is Ravencoin a good investment?
RVN carries price and proof-of-work network risks, including dependence on miners and changing mining economics. Tokens issued on Ravencoin add issuer and off-chain-claim risks that native RVN does not resolve. A fair-launch design or a supply cap does not guarantee future demand. This is not financial advice.
Compare two order previews
Use RVN credited after buying fees and spread. Extra USD charges must exclude fees already included in the total. Enter 0 only when confirmed.
Which quote delivers more RVN?
Enter your order-preview numbers or use the labeled example. Unknown charges are never treated as zero.
Ravencoin wallets & storage
How do you get a Ravencoin wallet?
Start with Ravencoin's wallet page and obtain the appropriate native-compatible client from its verified publisher. Check asset support separately if you plan to receive issued tokens rather than only RVN. Back up the wallet using that client's instructions, and verify download hashes or signatures when offered.
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How can you store Ravencoin securely?
Protect your Ravencoin keys and wallet backup from disclosure and device loss. Confirm whether your chosen wallet supports RVN only or also the issued assets you hold. Self-custody leaves recovery responsibility with you; an exchange balance instead depends on the custodian's access controls and withdrawal policies.
Sending & cashing out Ravencoin
Match your networks
For RVN, copy the exact network names shown in your apps. This compares your entries, not a verified list of supported networks.
Enter both network names
Copy the exact network name shown for this asset in each app. No supported-network catalogue is assumed here.
How do you send Ravencoin to another wallet?
Send RVN to a recipient's native Ravencoin address using an RVN-compatible wallet, and review the amount and network fee before signing. A Bitcoin address or a token issued on Ravencoin is not a substitute. If sending an issued asset, use its exact asset identifier and a wallet that supports it.
How long does a Ravencoin transfer take?
An RVN transaction must be broadcast and mined into blocks, then satisfy the recipient's confirmation policy. Its normal block target is not a guaranteed delivery time. A pool's reward payout or an exchange withdrawal can add an off-chain delay, so first check whether a transaction ID has actually been broadcast.
How much does it cost to send Ravencoin?
Native Ravencoin fees are paid in RVN and depend on the transaction and current wallet estimate. Issuing an asset can require a separate RVN burn, which should not be confused with a routine transfer fee. Exchange withdrawal charges are provider charges and need not equal the miner fee.
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Can you cash out Ravencoin for real money?
Cashing out RVN requires a platform that accepts native Ravencoin, offers a usable selling pair and allows fiat withdrawal for your account. Verify those features before depositing. Selling a user-issued Ravencoin token may require a completely different market, and swapping RVN to a stablecoin is not a bank payout.
Is Ravencoin traceable?
Ravencoin's ledger records transfers and issued-asset activity, so ordinary RVN use should not be treated as anonymous cash. Addresses are pseudonymous identifiers, but payment history and custodial records can connect them to people. A token's issuer-defined metadata may disclose additional information beyond the RVN transfer itself.
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Supply, mining & staking
What is the maximum supply of Ravencoin?
Ravencoin's native RVN supply is limited to 21 billion coins under the documented issuance model. User-issued Ravencoin assets can have different supplies and reissuance permissions. Maximum supply is not circulating supply, and burns associated with asset operations do not create a guaranteed price outcome.
Can you mine Ravencoin?
Yes. Ravencoin uses KAWPOW proof-of-work mining, with the project's current description emphasizing GPU memory and computation. Mining requires compatible equipment and a realistic assessment of electricity, pool and hardware costs. The older X16R algorithm is not the current instruction set, and mining rewards are not guaranteed profit.
Can you stake Ravencoin?
No, native RVN does not secure Ravencoin through proof-of-stake staking; blocks are produced by KAWPOW miners. Holding RVN in a wallet does not create consensus staking rewards. A lending, liquidity or custodial 'earn' offer is a separate arrangement with its own counterparty and withdrawal risks.