RATS is a memecoin that has gained attention as it’s been created on the Bitcoin blockchain using the BRC-20 token standard and the Ordinal protocol. Launched in 2023, the RATS coin attracts a community of traders and memecoin enthusiasts. If you are one, let’s learn where to buy RATS coin and how to buy RATS coin.
What Is the RATS Memecoin?
RATS Coin is a meme token operating on the Bitcoin blockchain through the BRC-20 token standard.
Launched on March 11, 2023, RATS uses the Ordinal protocol to inscribe tokens onto individual satoshis, the smallest unit of Bitcoin.
$RATS Coin Key Features
RATS is a memecoin driven by community engagement and viral trends. Its BRC-20 standard enables the creation and management of tokens on the Bitcoin network, similar to Ethereum’s ERC-20 standard.
RATS integrates with Ordinal protocol to inscribe tokens onto Bitcoin’s blockchain, assigning unique identifiers to individual satoshis.
RATS has a significant total supply, with a maximum cap of 1,000,000,000,000 (1 trillion) tokens, contributing to its low individual token value.
How Does the RATS Coin Work?
RATS is a meme token on the Bitcoin blockchain. It utilizes the BRC-20 standard and the Ordinal protocol. Users can trade RATS tokens on various cryptocurrency exchanges.
How to Buy RATS Coin ($RATS)?
You can buy RATS Coin ($RATS) from various cryptocurrency exchanges. On Coinlocally, you can buy RATS instantly via credit/debit cards or by using the market.
You can choose RATS coins from your account or Coinlocally Market. Here is a step-by-step guide to buying RATS on Coinlocally Market:
- Create an account by visiting Coinlocally and clicking on sign up/ register. Enter the information needed and complete registration.
- Click on the ‘Market’ button on the taskbar at the top of the page.
- Search for the coin on the search bar and click trade.
Where to Buy RATS Coin?
Although RATS are not available on all exchanges, they are available on Coinlocally, where you can spot-trade RATS and other digital assets.
You can also find it on several centralized cryptocurrency exchanges (CEXs), including Gate.io, Bybit, and Bitget.
Can I Buy RATS Coin without KYC?
Yes. Coinlocally allows users to purchase RATS without mandatory Know Your Customer (KYC) procedures, enabling anonymous transactions.
Methods for Buying $RATS Coin
You can buy $RATS instantly using credit/ debit cards or by using the market. You just need to:
- Select a Supporting Exchange: Choose a platform that lists RATS, such as Gate.io or Coinlocally.
- Create an Account: Register by providing the necessary details and completing any required verifications. (You don’t need verification to buy coins on Coinlocally.)
- Fund Your Account (for trade): Deposit funds using bank transfers, credit/debit cards, or other cryptocurrencies. You don’t need to deposit using Coinlocally Instant Buying.
- Purchase RATS: Search for the RATS trading pair and execute your buy order.
Is RATS Coin a Good Investment?
Investing in RATS Coin, like other meme tokens, includes risks due to high volatility and rapid changes in the crypto market.
While RATS has experienced price fluctuations, including a 10.13% increase in the last 24 hours, its value is largely influenced by community engagement and market sentiment rather than fundamental utility.
You should DYOR (Do Your Own Research), assess your risk tolerance, and consult financial advisors before investing in RATS or any cryptocurrency.
Can I Purchase RATS Using My Local Currency?
Yes. Coinlocally supports deposits in various fiat currencies, so you can buy RATS using your local currency (if it is among the supported currencies).
Conclusion
RATS Coin is a memecoin on the Bitcoin blockchain, created using the BRC-20 standard and the Ordinal protocol. While it offers trading opportunities, its investment potential depends on market dynamics.
FAQs
Below, you can find answers to the most frequently asked questions about how to buy RATS Coin/ where to buy RATS Coin.
What Is $RATS Coin?
RATS is a memecoin built on the Bitcoin blockchain using the BRC-20 token standard and the Ordinal protocol.
Can I Buy $RATS without Verification?
Yes, platforms like Coinlocally allow purchases without mandatory KYC procedures.
What Are the Fees for Buying a $RATS Coin?
Fees vary by platform and payment method. Check fees on Coinlocally.
Is $RATS Worth Buying?
Market trends and community engagement largely influence RATS Coin’s value. Memecoins are generally volatile and high-risk but can lead to significant benefits if you buy them after thorough research with a precise strategy.
How Long Does It Take to Buy $RATS on Coinlocally?
You can buy $RATS quickly and hassle-free on Coinlocally, especially because you don’t need KYC for trading.
