What is Reserve Protocol (RSR)?
Reserve Protocol is a decentralized platform on the Ethereum blockchain that runs with two long-term goals:
- Access to century-long stable currency
- An adequately decentralized and fair governance system
With these objectives in mind, the protocol aims to minimize the effects of hyperinflation and currency devaluation with the elimination of centralized regulation, which is usually blamed for unprogressive and oftentimes unproductive economic policies.
Reserve Protocol was created by Nevin Freeman and Matt Elder, a seasoned entrepreneur and engineer respectively, in 2019.
How Reserve Protocol (RSR) Works
Anybody can create their own stablecoins, known as RTokens, on the Reserve Protocol and these stablecoins must be backed by ERC20 tokens. RTokens can be minted by anyone as long as they deposit the backing basket of assets into the protocol.
These stablecoins have insurance provided by Reserve Rights (RSR) holders and revenues from RTokens are incentives for insurance.
It's also worth noting that each RToken has its own governance system for RSR stakers. Governance of an RToken gets to decide its backing assets and emergency collaterals.
How Many Reserve Rights (RSR) Tokens Are in Circulation?
RSR is an ERC20 token. Holders of RSR can participate in the insurance and governance of RTokens. The total supply of RSR is 100 billion. The circulating supply of RSR is 42.03 billion.
How to Buy Reserve Rights (RSR)
Consider investing in Reserve Rights (RSR)? It only takes 2 minutes to create an account on Bitget and start trading RSR.
Check out the available RSR trading pairs on Bitget!
Futures market
Spot market
Reserve Rights (RSR) Resources
Simple 3-step guide to buying RSR today in Philippine
Create your free Bitget account
Select a funding method
Complete your Reserve Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Reserve Protocol using a payment method of your choice:
Buy Reserve Protocol with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Reserve Protocol order.
How to buy crypto with credit/debit cardBuy Reserve Protocol with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Reserve Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Reserve Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Reserve Protocol order.Buy Reserve Protocol with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Reserve Protocol order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Reserve Protocol in your Bitget spot wallet
Bitget—where the world trades Reserve Protocol
How to buy Reserve Protocol for free
- Learn how to earn Reserve Protocol for free through the Learn2Earn promotion
- Earn free Reserve Protocol by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Reserve Protocol airdrops by joining On-going challenges and promotions
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FAQ
Can I buy $1 worth of Reserve Protocol?
Can I buy $10 of Reserve Protocol?
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Should I buy Reserve Protocol right now?
The Philippines (officially the Republic of the Philippines) is a Southeast Asian archipelago of approximately 7,641 islands. The Philippines has a population of 110 million and is also the second country in Southeast Asia that has a population exceeding over 100 million. The Philippines also has a long history of colonized rule; it was ruled by Spain, the US, and Japan, which created a rich and spanning history in the Philippines.
The official languages in the Philippines are English and Filipino, so you can easily enjoy the service on Bitget as it is fully supported in English regardless of Bitget app or website. The Philippine peso (PHP) is the country's currency, and you can use PHP to buy Reserve Protocol(RSR) on our P2P, spot, and futures trading right away on Bitget. Whether you are in Manilla, Quezon City, or Davao City, Bitget is ready to serve you with any cryptocurrency needs with the best trading experience.
The Philippines is also famous for its incredible diving spots that attract thousands of divers to the country each year. One of the most well-known diving spots in Coron Town, it is the largest town on Busuanga Island. Its beautiful beaches are surrounded by limestone cliffs. The unique terrain attracts many tourists every year. In particular, 14 well-known World War II wrecks have been preserved, and the remains can be found at a depth of 5 to 40 meters, and each ship is about 100 to 200 meters long.