How to Buy RACA Coin – RadioCaca Guide

Since the rise of Bitcoin’s popularity, numerous altcoins have emerged on the crypto market. One of them is the RACA coin. Apart from detailing how to buy the RACA coin, we wanted to analyze the charts to see potential price movements. We also did an in-depth review of the brokers that list RadioCaca (RACA).

Let’s find out more about where to buy the RACA coin and provide a price prediction.

Cryptoassets are a highly volatile unregulated investment product. 

Where to Buy RACA Coin

Investors have several options for buying the RACA coin and other altcoins on some of the best crypto exchanges. We found that the best place to buy RACA is on Bybit.

1. Bybit – Overall The Best Exchange for Buying Cryptocurrencies

The great thing about Bybit is that it’s the perfect exchange for investors who are struggling to find Web3 coins such as RACA. Bybit offers more than a hundred coins that investors can use to trade, deposit and withdraw. Not all coins are available for trading, as Bybit specializes in funding accounts with crypto.

The platform uses crypto trading pairs, and beginners will find that the platform is easy to navigate and to open trades. Opening an account is simple, and users will find that buying crypto on Bybit is convenient. But fiat currency funding is available and handled by third-party providers such as Banxa, XanPool, MoonPay and Paxful. A minimum $20 deposit is required.

One of the great features of this platform is that it offers various GameFi, Metaverse, meme and NFT coins. Beginner traders who aren’t familiar with the differences between those coins can access a wealth of information about them on the platform.  Bybit also provides free tutorial content, teaching traders about the Bitcoin death cross, indicators and how to trade crypto.

Bybit has both spot and margin trading, with up to 100x leverage, as well as a full Bybit savings part of the site with staking, dual asset mining, DeFi and liquidity mining, a launchpool, and more. Currently in 2022 they’re running a World Series of Trading (WSOT) promotion with leaderboard prizes.

They also have their own NFT marketplace and a grid trading bot.

Cryptoassets are a highly volatile unregulated investment product. 

2. Crypto.com – Popular Exchange Offering Staking and Lending

Investors have access to 250 cryptocurrencies on Crypto.com. A key reason that this platform has attracted more than 50 million users is that its platform is perfectly suitable for beginners and pro traders. Beginners can easily place trades with a few clicks, and pro traders can use advanced tools to optimize their technical analysis.

After opening an account, investors need to fund it with at least 100 USDC. Investors can use ACH deposits, which is free and instantaneous. Other free deposit methods are SWIFT and Fedwire. Trading fees are 0.4%, and investors can buy cryptos with their cards, which incurs a 2.99%. Apple Pay is also available for crypto purchases.

Currently, Crypto.com is offering a 10% discount on fees, so it’s 0.36% to trade, but the discount is given in CRO rebates. CRO is the platform’s native token. Although deposits are free, Crypto.com charges for withdrawals, varying depending on the coin withdrawn.

Investors who don’t want to day trade on this platform can earn passive income by staking coins. That enables them to earn interest on coins that they lock in on the exchange. The most that staking coin investors can earn is 14.5% per annum. Staking the CRO token only earns 4% annually.

Margin trading of 10x is available to traders and so are derivatives with a 50x leverage and low latency. Other features offered by Crypto.com are an NFT marketplace and borrowing. The platform lends cash to investors who deposit accepted cryptos. Investors can repay loans partially or in full within the first 12 months.

Cryptoassets are a highly volatile unregulated investment product. 

3. Binance – High-Trade Volume Exchange Offering 600 Cryptocurrencies

Binance is an altcoin investor’s dream exchange. It offers more than 600 cryptocurrencies and makes buying them as simple as clicking the ‘Buy’ button. Advanced traders who want to enhance their technical analysis can combine indicators and strategies to achieve optimal positioning.

Opening an account on Binance is simple and quick, then investors need to fund their account with at least $10. USD deposits are free, and investors have numerous options to buy cryptos such as cards, in-person cash payments AdvCash and SEPA. The platform charges only 0.1% trading fees. Investors can also buy cryptos with their cards, incurring a 1% instead of the usual 3% after verifying the Visa card on the platform.

Although Radio Caca crypto isn’t listed on Binance yet, the exchange adds new coins often. So it could be on Binance soon. Otherwise, impatient investors can buy the Basic Attention Token (BAT), another Web3 coin on this platform.

One of the appealing features on Binance is the staking. The platform offers more than 100 coins to stake and various periods. Some coins offer more than 100% interest in 90 days, making Binance of the best crypto staking platforms. Other awesome features that the exchange added are an NFT marketplace and derivatives trading.

The one thing that Binance could improve is seeking licenses to be regulated in every country in which it operates. So far, France recognizes it as a digital asset provider, but the exchange should seek the same regulation from various financial authorities.

Cryptoassets are a highly volatile unregulated investment product. 

What is RACA Crypto?

Radio Caca was launched in 2021 and is a decentralized autonomous organization (DAO) that has become one of the leading Web 3.0 (Web3) solution providers. It’s a Metaverse platform for game studios and has released a collection of profile picture-style NFTs for Maye Musk, Elon’s mother.

Besides being the exclusive manager of Maye Musk’s Mystery Box, Radio Caca manages the DeFi and GameFi vehicle for the USM metaverse. u-RACA cryptocurrency is the native token of the United States of Mars (USM), featuring play-to-earn games. Investors can get it by adding RACA to their wallet and into the USM account. It’s exchangeable for 1:1 and can be used to buy NFTs or USM props such as buildings, lands and vehicles.

The project has endorsement deals with celebrities and provides an NFT marketplace. Radio Caca’s goal was to provide a platform that enables celebrities to launch NFT collections.

Radio Caca also enables investors to earn via staking and lp farms. The platform offers Metamon World, a play-to-earn blockchain-based game on Binance Smart Chain and incorporates NFT characters. The game’s main characters are Metamons, enabling players to control and collect them.

The RACA coin is the native coin of the Radio Caca used for DAO governance and virtual gameplay. Investors can trade the RACA coin on the Solana chain, but Radio Caca ambitions lie in its own Layer-1 blockchain that’s interoperable with other blockchains.

Also see our list of the best Web 3.0 crypto coins.

Why Buy Radio Caca Coin?

Buying the Radio Caca Coin entitles investors to several benefits. Its ownership enables investors to use it in a few ways to take advantage of Radio Caca’s platform.

Play Games

Considering Radio Caca is a gaming platform that enables players to earn, investors need to purchase the native token to play. The United States of Mars is a Metaverse game that consists of certain states rich in characteristics and waiting to be explored. Players can build a real metaverse by using u-RACA, the only token in the USM Metaverse.

But to use u-RACA, players can get it only by adding RACA from their wallets into the USM account. Players can exchange it at a ratio of 1:1 and use it to buy NFTs assets or props such as concert tickets, vehicles and land. It’s crucial that players have u-RACA because it’s used as a transaction fee. Acquiring NFTs in the RACA community enables users to empower those assets in USM.

$RACA is the governance token for the United States of Mars.

Earn

Staking is one way that investors earn from their cryptocurrencies. It requires investors to purchase staking coins and lock them in on the exchange for a specific period. Locking in coins for a year usually yields the highest interest. Investors can use the Radio Caca platform to stake RACA and earn rewards.

The platform enables investors to stake for 14 days, 28 days, 84 days, 90 days and 180 days. The 360-day staking period has ended. The rewards depend on the staking period chosen. As an example, the 90-day and 180-day staking periods will provide investors with a French Montana Jacuzzi, an exclusive piece of fashion furniture in the Metaverse.

Opting for a 14-day staking period will yield investors a Potion NFT or a Diamond NFT. The other options to earn on the platform are via LP Farm and NFT staking.

NFT Marketplace

NFTs have grown tremendously in the last few years, and one of the core functions of the Radio Caca platform is to provide a platform that enables traders access to the best NFTs. RACA’s platform has blossomed rapidly and has resulted in more than 100 transactions per minute.

Investors traded more than $1 billion of assets since the marketplace’s inception, and it’s growing. Investors can use RACA to buy or sell Metamon, USM Metaverse land and RACA branded NFT assets. The RACA NFT Marketplace has more than 700,000 unique NFT lots and 46 unique NFTs for games and Metaverse.

Some of the popular NFTs that investors can buy on the marketplace include SSR Kiss-Up-Dog, RACAPunk Avatar and Rare Metamon.

High Gains Potential

The majority of crypto investors get into the market because of potentially huge profits. We’ve seen numerous coins provide a return of 1000% in a few years, making crypto investing highly appealing. But the market is also volatile. The same way it rallies, it can also crash.

RACA has proven to be a volatile coin, so investors who bought the coin in January 2022 have been on a rollercoaster ride. But some parts of the ride were fun because RACA earned investors triple-digit returns within days.

Investors who bought the coin in mi-March 2022 received a 132% return by the end of the month. Those types of returns in such a short period are highly unlikely to occur in the stock market. Even though RACA can be in a downtrend, if investors pick the right buy entry, they can catch a significant retracement to lock in profits.

Enrich RACA DAO

RACA has developed a decentralized autonomous organization to govern several aspects of the RACA project. One of those aspects is governing the RACA utility and distribution. RACA’s DAO is also responsible for firing up the RACA community to get behind the projects that the platform supports.

RACA DAO is valuable because it enables investors to take control of their financial future and accountability for decisions on the blockchain. The DAO is vital to the RACA ecosystem because it ensures that user inputs are recorded on the blockchain.

With investors getting involved by submitting proposals for improvements, participation increases. That results in the enriching of the RACA ecosystem and gaining more support for its projects.

RACA Coin Price

Most crypto investors entering the market know that prices can move rapidly. That’s the allure of this market, but it has its downsides. Crypto prices can rally quickly, but they can crash just as fast. Investors who buy the RACA coin will experience the whiplash that is synonymous with altcoins.

Since mid-May 2022, the RACA coin price has ranged around $0.0003.

RACA Coin Price Prediction

The crypto market has been crashing since Bitcoin set a new all-time high (ATH) of $69,000 in November 2021. After topping out, Bitcoin’s price started plummeting, dragging most of the altcoins with it. Although RACA’s trading started in January 2022, it has almost mimicked the falls that the rest of the market has experienced.

The price has made lower lows since February 2022, going into March. The coin experienced a significant rally of 132%, making some investors believe that it would go on a bull run, but the price faced massive resistance at the $0.002 region. It wasn’t able to break through that level, so the price formed lower lows throughout April 2022.

The price carried on plummeting until mid-May 2022, when it reached the $0.0003 region. Since then, it has ranged. So what price action could RACA be doing next?

The coin’s limited history makes it challenging to determine how low the price could drop. The coin doesn’t have any strong support to retest, but maybe we can work with the wicks.

Wicks in the crypto market have shown that the price quickly fills up the gaps that wicks reached. That means when a massive wick such as the one in February 2022 on RACA’s chart formed, the price eventually makes its way down to that level again. Another example is the bullish wick on the chart at the end of April, forming what’s known as a shooting star candle.

Although price action after that candle continued making lower lows, the price eventually reversed and rallied to the high of that wick, as depicted on the chart in April 2022.

If we use the wicks as support and the price holds at the current level, we may see the coin start making higher lows. If that were to happen, the Radio Caca crypto would make its way to its previous high, which is at the $0.002 region. Some investors might be wondering if it’s time to buy the RACA coin or maybe consider the best altcoins to invest in.

Best RACA Crypto Wallet

Investors need to make sure that they keep their assets offline in secure storage. To ensure assets are safe, investors need to invest in one of the best crypto wallets. After that, RACA investors can buy the coin by connecting their wallets to a decentralized exchange.

Investors can opt for a great crypto wallet such as Metamask. Setting it up is as easy as downloading Google Chrome and wallet Chrome extensions. After investors have set up the wallet, they can connect it to their Bybit account to start buying and selling.

How to Buy RACA Crypto -Tutorial  

Our tutorial shows users how to buy the RACA coin step-by-step and with screenshots.

Step 1: Register an Account

Visit the Bybit.com website and register by filling in an email and password.

Step 2: Verify Account

Bybit will prompt users to click on the link sent to the email address selected to verify user accounts.

Step 3: Deposit Funds

Before trading, users need to fund their accounts. Bybit requires at least $20 for a wire transfer. To access the fiat gateway, users should click ‘Buy Crypto’ in the top left corner, then select the fiat currency and the amount.

Step 4: Search for Cryptocurrency

Click the ‘Markets’ icon at the top, then ‘Markets Overview’. In the search box, type RACA. When it comes up, click ‘Trade’.

Step 5: Buy RACA

Enter the quantity of RACA to buy, then click ‘Buy RACA’ at the bottom.

Conclusion

Besides providing a RACA coin price prediction, we have reviewed several exchanges that offer Web 3.0 coins. We’ve mentioned several benefits that RACA investors will be entitled to by owning the coin, such as playing games on the platform, staking and buying NFTs.

To do all of that, investors have to buy RACA from Bybit. It’s an exchange offering various Metaverse, meme, GameFi and NFT coins. Investors who prefer trading crypto pairs will find this exchange to be their new home. Beginner traders need not worry about knowing what all the coins are about because the platform provides free tutorials about coins and trading.

Cryptoassets are a highly volatile unregulated investment product. 

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