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What is rocket bunny crypto?
Rocket bunny crypto is a deflationary token that has a maximum supply of 777 quadrillion Bunny coins. A deflationary token is one that keeps losing its market supply with time. The merit of a deflationary token is that the market is not flooded with the excess supply of tokens and hence the value is not decreased. Moreover, deflationary Tokens attain a higher value over time because the supply of these Tokens keeps drowning. Lesser the supply, the higher the demand and therefore higher the value.
The proper information about Rocket Bunny is always kept hidden. You cannot know the existing supply of the BUNNY and only have access to basic token information.
Rocket Bunny (BUNNY) as of today (May 21, 2022) is valued at : $0.07515
High: $0.07532 – Low : $0.07022 – Rank : 5620
The market capitalization and Market supply of BUNNY are always hidden.
How to buy Rocket Bunny Crypto (BUNNY)
Investing in Rocket Bunny (BUNNY) is always tricky because no exchange platform provides direct purchase of BUNNY over cash.
To buy BUNNY one need to follow a few steps :
- Buy Ethereum from the crypto market.
- Transfer your Ethereum to your crypto wallet.
- Exchange your Ethereum with the BUNNY
BUY ETHER
What is Ethereum?
Ethereum is a decentralized blockchain, whose native currency is Ether. It is open source and has smart contract functionality. After Bitcoin, Ether has the largest market capitalization and value.
The very first step is to invest in Ethereum. The Ether can be directly bought for cash at any crypto market. Whereas BUNNY cannot be directly purchased in exchange for cash. Therefore, investing in Ethereum would help you to directly swap your Ethereum with BUNNY.
Buying Ethereum is very simple as it is one of the most purchased cryptocurrencies. It is available on many exchanges, including Decentralized exchanges (DEX), and also some wallets offer the purchase of Ethereum.
Some of the Centralized exchanges, Decentralized exchanges, and crypto-wallets that deal in Ether are listed below:
Centralized Exchanges
- Binance
- Bitfinex
- Bybit
- Coinbase
- Coinmama
- Crypto.com
- FTX
- Gemini
- Kraken
- KuCoin
- Itez
- Gate.io
Decentralized Exchanges (DEX)
- 1inch
- Bancor
- Dydx
- Kyber
- Loopring
- Uniswap
The Decentralized Exchanges are not meant for beginners, because you need to own some Ether before trading in Decentralized Exchanges. Prefer using Centralized Exchanges if you don’t own any Ether.
Wallets
- Trust wallet
- Metamask
- Multis
- Token Pocket
- Coinbase wallet
- Bitcoin.com wallet
- Unstoppable
- Guards wallet
- Keystone
- Portis
- MyCrypto
- Toris
- Bitkeep wallet
As of May 21, 2022 Ether is priced as: 1 Ether = 1980.41 USD / 1,54,474 INR
TRANSFER YOUR ETHER TO YOUR DIGITAL WALLET
After purchasing your Ether from any of the above mentioned Centralized Exchanges, Decentralized exchanges or wallets transfer your Ether to a digital wallet.
Steps involved while transferring your Ether to your cryptocurrency wallet :
Example: You bought Ether from Coinbase
- Select send from the top menu button.
- Enter the address of your cryptocurrency wallet where Ether has to be transferred.
- Select the exact amount of Ether you want to transfer.
- Click on Send Funds.
- You’ll receive a verification code through SMS on your registered mobile number.
- Copy and paste the code into Coinbase.
- Click confirm
The Ether would be then transferred to your digital wallet.
EXCHANGE ETHER WITH BUNNY
After purchasing your Ether from the exchange and transferring and storing your Ether in a wallet. The next and final step is to Exchange your Ether with BUNNY.
As you cannot buy BUNNY directly it’s easier to exchange your Ether with BUNNY as the transaction fees of this step are also the lowest. Compare and find the lowest and best price for your BUNNY. You can connect your wallet with a price aggregator like 1inch. They automatically compare all the market prices available and show you the best result thereby saving your time, energy, and money.
After getting your ideal price, exchange your Ether with BUNNY. Select ETHER (ETH) on the ‘You Sell’ option and select BUNNY (RBX) on the ‘You Buy’ option, and click swap.
As of May 21, 2022
Rate : 1 RBX = 0.00003671 ETH
Now, you’ll have RBX that you traded with your ETHER. You can transfer this RBX to your wallet.
Is investing in ROCKET BUNNY CRYPTO a good idea?
Just like investing in Bitcoins, Dogecoin, Litecoin, Ethereum, or any other cryptocurrency rocket bunny crypto also comes with a risk of highs and lows. The crypto market is extremely unpredictable. That is you will never know when which currency’s value touches the sky and when which currency starts to drown in value.
But investing in the crypto market gives users independence because it’s a decentralized and open-source market away from rules and regulations of the modern banking system which makes it more consumer-friendly.
However, the Crypto market is extremely volatile. The predictions could go wrong and sometimes the currency depreciates highly in terms of its value. Some people also believe that the crypto market is a heaven for fraudsters because there are no proper and strict regulations that prohibit trading in unfair ways. Hacking is one of the major reasons most people hesitate in investing in crypto because the market is exposed to the internet world, therefore, making it vulnerable to hackers. In many incidents, hackers hack the accounts and steal away all the investments of an individual.
But there’s good in every evil, the Crypto market is rapidly adapting to better techniques to ensure safety and security and reduce the chances of fraud and hacking. So if anyone who is willing to take risks can invest in crypto safely.
BUNNY is a deflationary token, that keeps losing its market supply with each passing year. All the data related to bunny are confidential and no one knows the exact market supply of BUNNY. And so it’s harder to make exact predictions about BUNNY in the upcoming future.
Concluding, investing or not investing in BUNNY or any crypto is the choice of an individual. There’s a risk but also a probability of high profits and the one who is willing to take that risk to reach that profit is most welcome.
