What is RedFOX Labs (RFOX) | What is RedFOX Labs token | What is RFOX token
RedFOX Labs describes itself as ‘Southeast Asia’s first blockchain venture builder’. The project aims to create innovative and scalable blockchain solutions by building, launching and scaling high growth tech companies in Southeast Asia’s emerging markets.
We create innovative and scalable solutions to unlock the true market potential of emerging technology, as we build, launch and scale high growth internet companies for Southeast Asia’s emerging markets.
Why Southeast Asia ?
Southeast Asia is experiencing dramatic market acceleration as the internet economy hits an inflection point. The young, tech savvy population are driving the growth behind the internet economy. With access to low cost mobile devices, falling data prices and some of the best network coverage in the world we can expect Southeast Asia’s internet economy to continue on this trajectory.
“The region needs more Fintech companies to step up and provide innovative solutions. People have a right to basic financial access and inclusion. The time is right for us to now step up and lead the way in bringing the available technology to the people.”
Ben Fairbank
CEO & Co-founder, RedFOX Labs
How to Add RFOX Token to MetaMask
MetaMask is a browser extension and mobile app acting as a seamless gateway to the Ethereum network.
With MetaMask running on your computer or mobile device, you have access to Ethereum’s ever-expanding ecosystem of dApps (decentralized applications).
For example, MetaMask grants entry to the virtual realm of Decentraland, where you can play — and conduct business transactions — with gamers all across the globe. While you’re there, be sure to visit the virtual headquarters we’re now erecting in the game’s Crypto Valley.
MetaMask is also a wallet capable of holding ETH and other tokens running atop the Ethereum network, including RFOX. However, like thousands of other ERC20 tokens MetaMask can store, RFOX isn’t listed by default.
The good news is that adding a custom token only takes a few clicks or taps.
After installing MetaMask and logging into your account, you’ll see your ETH balance within the ‘Assets’ tab. From here, we’re going to add RFOX as a custom token.
Adding a Custom Token in MetaMask
1.1) Click or tap the ‘Add Token’ button.
A new screen provides the ability to input a token address.
1.2) Click or tap the ‘Custom Token’ tab.
1.3) Enter the RFOX address into the ‘Token Contract Address’ field.
RFOX token contract address:** 0xa1d6df714f91debf4e0802a542e13067f31b8262**
MetaMask should auto-populate the ‘Token Symbol’ and ‘Decimals of Precision’ fields. If not, enter RFOX and 18, respectively.
1.4) Click or tap the ‘Next’ button.
1.5) Click or tap the ‘Add Tokens’ button.
We’re done!
Navigate back to the ‘Assets’ tab to view your RFOX balance.
Holding RFOX in your MetaMask wallets opens the door to trading on decentralized exchanges such as Uniswap and KyberSwap.
But trading is only the beginning. You can expect many more use cases for RFOX token in the months and years ahead.
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How and Where to Buy RedFOX Labs (RFOX)?
RFOX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy RFOX
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since RFOX is an altcoin we need to transfer our coins to an exchange that RFOX can be traded. Below is a list of exchanges that offers to trade RFOX in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase RFOX from the exchange: Uniswap (V2), Bilaxy, and Liquid
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once RFOX gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information RFOX
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap
🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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