Exchange Now Supports Reserve's Stablecoin RSV and the Utility Token RSR’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Exchange users will be able to trade RSV and RSR with trading pairs like bitcoin cash (BCH) and tether (USDT).

Also read: China’s Research Institute Updates Crypto Ranking — Review Affected by Pandemic Exchange Adds Two Reserve Tokens – RSV and RSR

Since launching the trading platform Exchange last September, the service has seen considerable growth. The exchange is a simple-to-use trading engine that offers a variety of different cryptocurrencies. Popular digital assets hosted on the platform include coins like litecoin (LTC), ripple (XRP), tron (TRX), zcash (ZEC), stellar (XLM), dash (DASH) and eos (EOS) are paired with markets denominated in base currencies such as bitcoin cash (BCH), ETH, BTC, and tether (USDT). This week, the Exchange has added two different tokens from the Reserve project. The team behind Reserve wholeheartedly believes that everyone’s money “should be secure,” but also they also stress they are “building a universal store of value.” Exchange Now Supports Reserve Stablecoin RSV and the Utility Token RSR

In order to complete their goals, the Reserve team notes the project will move through three different phases that are increasingly decentralized. Reserve’s creators think that cryptocurrencies are a far better form of money, but they need to be both accessible and a store of value that can be leveraged as a unit of account. The project’s first phase will be more centralized where reserves are backed by collateral and pegged to the United States dollar. The second phase aims to utilize a “basket of assets” and still keep the USD peg. “And in the third and last phase,” the Reserve team says. “[Is] the dollar-peg, which would be abandoned to stabilize the real purchasing power of Reserve. Exchange Now Supports Reserve Stablecoin RSV and the Utility Token RSR

Stablecoins Offer a Hedge Against Volatile Markets Exchange users will now have the chance to obtain or trade against Reserve tokens with BCH and USDT. The two tokens that will be added include the stablecoin (RSV) and Reserve’s utility token (RSR). When an open-finance stablecoin RSV is purchased, the team says the assets used to obtain RSV are “held in a collateral smart contract, so there is always a 1:1 collateralization.” The RSR token is a utility token that has a myriad of roles in the Reserve network. The Reserve project’s decentralized price-peg scheme is similar to the way Makerdao operates. Exchange Now Supports Reserve Stablecoin RSV and the Utility Token RSR – The bitcoin exchange you can trust to securely buy, sell, and build your cryptocurrency portfolio. Sign up today and start trading digital assets in a matter of minutes.

Stablecoins like Reserve offer a number of benefits for traders looking for arbitrage and those looking to hedge against big drops in value when the crypto economy slides. If you haven’t signed up for our trading platform, the process is quick and easy. Simply register with and you’ll be able to instantly trade, deposit, and withdraw your favorite digital assets.’s user interface is designed for ease-of-use combined with a professional-grade trading platform configured to offer seamless swaps in a secure environment.

What do you think about Exchange’s continued growth? Share your thoughts in the comments below.

Tags in this story
Arbitrage, BCH, bitcoin cash,, Exchange, Trading, BTC, Creators, crypto, Cryptocurrency, dash, Developers, Digital Assets, Exchange Support,, hedge, LTC, New Addition, New Token, Promoted, Reserve Project, RSR, RSV, Stablecoin, Tether, trading, trx, USDT, xmr, ZEC

Image Credits: Shutterstock, Pixabay, Wiki Commons, Reserve

Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Millions in Cryptocurrency Stolen by Scammers in the Last Month According to Tenable Research
November 24, 2021
Behind The Scenes: How this Crypto Community Responded to + $50m Hack
October 18, 2021
Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021

Blockchain/Cryptocurrency Questions and Answers

Crypto casinos
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
The Unconventional Guide to Ethereum
October 28, 2021
ICo Presale
The Science Behind ICO Presales…
October 14, 2021

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin54,126 0.39 % 1.66 % 9.92 %
Ethereum4,045.0 0.02 % 2.25 % 8.82 %
Binance Coin584.27 0.42 % 5.32 % 3.51 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Solana185.39 0.13 % 5.75 % 15.09 %
Cardano1.450 1.36 % 7.57 % 24.55 %
XRP0.9092 0.54 % 4.77 % 17.37 %
USD Coin1.000 0.14 % 0.20 % 0.17 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2215 0.68 % 1.42 % 7.23 %

Bitcoin (BTC) $ 53,726.00
Ethereum (ETH) $ 4,024.22
Binance Coin (BNB) $ 579.04
Tether (USDT) $ 0.999148
Solana (SOL) $ 184.25
Cardano (ADA) $ 1.44
XRP (XRP) $ 0.902818
USD Coin (USDC) $ 0.998095
Polkadot (DOT) $ 32.78
Dogecoin (DOGE) $ 0.194414