Radicle

Radicle

 RAD

Software is undoubtedly one of the most impactful technologies of the decade. Not only has it disrupted things such as work habits, individual behavior, wealth distribution, etc, but also there is reason to suggest that there’s a whole lot more to come. Platforms such as Github have found massive success and established themselves as key pieces of infrastructure for a majority of the world’s software. Unfortunately, the demand for additional features on Github has led to it becoming a fully-centralized platform. Not to mention, it is fully owned by Microsoft.

Centralized control over the hosting of open source code is a little problematic. This is because censorship is slowly making its way into the open-source community. Systems that operate on a P2P architecture are more decentralized and therefore, reduce the amount of reliance on powerful intermediaries. Generally, they offer users more control over their data and interactions. One of the systems taking this approach is Radicle which is putting the power over control of information back into the hands of the many, instead of the few.

Radicle Exchange Rate

What is Radicle?

Radicle is an open-source network that enables developers to perform P2P software collaborations. The project’s goal is to provide an infrastructure for the open-source community that is sovereign, secure, and built on open protocols instead of the usual platforms. Since it doesn’t rely on any intermediaries, Radicle is more sustainable and has gained substantial interest from participants across the Web3 ecosystem. Since its launch, over 1,000 projects have been published on the Radicle network.

The Radicle network is powered by a P2P replication protocol that’s built on Git. This protocol is referred to as Radicle Link. It extends Git with P2P discovery and date dissemination through a process known as Gossip. Through it, network participants are able to share and spread data they have an interest in by storing redundant copies locally while sharing their local data with peers. Since the data is stored locally, participants can share and collaborate on Git repositories without the need for intermediaries such as hosted servers.

Key Features

Radicle introduces some unique features to the market that are not hard to miss. Some of these key features include:

Open Source

The entire Radicle platform was built using open-source code. Therefore, it’s no surprise that the core focus of all things on Radicle is open source. Open source projects are more preferred over closed projects. This is particularly because open-source projects enable the community to vet the protocols for any errors or weaknesses.

P2P Collaboration

Radicle enables developers to share codes without the use of an intermediary or a third party. This P2P collaboration helps facilitate innovation and improve the overall user experience in the market.

Governance

Radicle intends to be a community-led project. Therefore, it has introduced a community-governance mechanism that enables token holders to vote on important upgrades to the network. Not only does this help keep the whole community in sync, but it also enables more people to hold RAD tokens since the more you have the more weight your vote holds.

NFT Support

The Radicle network supports the creation, issuance, and management of NFTs. Developers can use NFTs for multiple services such as trading, sponsoring initiatives, funding communities, or as exclusive membership passes.

Radicle History and Development 2020-2021

The idea for Radicle came to fruition in February 2018. It was founded by two developers; Alexis Sellier and Eleftherios Diskomichalis. The goal of these two developers was to create a sustainable and democratic way to fund open-source public software protocols. Between then and now, the platform has attracted a lot of attention with over 1,000 projects being published on the network. Notably, Radicle is gaining growing adoption thanks to the amount of time and money it is saving developers.

How to Exchange RAD on Swapzone?

If you are wondering whether it’s possible to get RAD at the best rate, then the answer is yes. Swapzone offers you the ability to convert BTC to RAD without all the hassles of opening an account and verifying it. Here’s you can do it:

  • Step 1. Go to Swapzone.io to get your work started.
  • Step 2. Select BTC in the “Send” section.
  • Step 3. Specify the total amount you are going to transfer.
  • Step 4. Select RAD in the “Get Up To” section.
  • Step 5. Review the offers on the screen. You will find multiple offers with the best rate listed at the top. You can also see how many minutes it would take for you to complete the exchange.
  • Step 6. Confirm the offer you wish to utilize by clicking “Exchange” and then enter the wallet to receive RAD.
  • Step 7. Use the generated BTC address to send your BTC deposit.
  • Step 8. Wait for the deposit to be processed by the exchange service and the exchange to be done.
  • Step 9. Do not forget to rate the exchange partner, so we can gather more information on the exchanges for future users.

How to find the best exchange rate for Radicle on Swapzone?

If you’ve exchanged digital currencies before, then you are well aware of how much of a challenge the whole process of finding a good exchange rate is. Jumping from one exchange to another comparing their exchange rates, fees, and other hidden fees is a lot of work. Additionally, there’s the added problem of not knowing whether the rate you are receiving is trustworthy. The best way to solve this problem is to use an exchange aggregator such as Swapzone to locate the best exchange rates.

Swapzone has a lot of exchange partners that provide it with access to their APIs that transmit real-time prices. Since Swapzone only chooses reliable exchange partners with a good reputation, then you can be sure that you are getting the best deals in real-time. Therefore, for any pair that you choose, Swapzone will load all the offers from all the connected exchange partners. All the displayed offers will display all the exchange rates including all the hidden fees. Swapzone categorized the exchange partners into three broad categories; best rate, the fastest, and best rated. This helps you narrow down only the exchange rate that best suits you.

Popular pairs to convert Radicle

Frequently asked questions

What is the Radicle exchange rate?

arrow

An exchange rate is the rate at which one cryptocurrency can be exchanged for another through a certain crypto exchange provider. Cryptocurrency exchange rates on Swapzone reflect current prices of crypto assets and are updated every 30 seconds for you to keep track of any market changes and fluctuations to profit when buying the dip or going with the best exchange rate and the lowest exchange fees. All cryptocurrency exchange providers have their own rates, which depends on supply and demand, mining rewards, costs and so on. See what else might affect the rate in our article on prices.

There are two types of exchange rates aggregated by Swapzone – fixed rates and floating rates. To receive the exact amount of crypto that is displayed at the beginning of the exchange and shield yourself against the market's volatility, opt for fixed-rate offers. If you're ready to take a risk and receive less or more than the sum displayed, go with floating-rate offers but bear in mind that floating rates may drastically change any second. You can refresh your memory on how to get the best exchange rate here.

Where to find the lowest transaction fees?

arrow

Crypto transaction fees may vary depending on the network (Ethereum transaction fees tend to spike during the congestion on the network), your chosen cryptocurrency, an instant exchange provider as well as its transaction processing speed and internal policy. These fees may be relatively low but it’s crucial to know they may be imposed in the first place.

If you want to exchange cryptocurrency with the lowest fees, beware of the offers with a grey-colored “Transaction fees are not included” label displayed under the exchange rate. To avoid having to pay an unexpected amount of fees during the exchange, opt for those that do not have that label. Read our articles to learn more about how to exchange cryptocurrency with the lowest fees and find out which assets have the lowest transaction fees.

What is average transaction time?

arrow

Transactions usually take from 5 to 30 minutes to be processed, especially if you choose currencies with speedy networks. However, there are several factors that may affect and slow down the exchange process, i.e. transaction volume, blockchain capacity, network updates, cryptocurrency itself and the capacity or chosen exchange platforms.

The processing may take longer due to the large transaction volume, congestion of the network, blockchain overload and market overload, technical issues or system failures, lack of liquidity or network maintenance.

The transaction may be also stuck if you forget to add a required Extra ID, mistake networks or use the wrong wallet for a chosen crypto asset. If you worry that the exchange processing is taking too long, please, contact us at [email protected] or via our live chat on the landing page.

How to choose a cryptocurrency wallet to store Radicle?

arrow

To exchange, buy, sell or trade cryptocurrency and store your crypto keys safely and securely, you need a crypto wallet. Choosing the best cryptocurrency wallet is a question of preference and need. To learn more, read our guide on how to choose the best cryptocurrency wallet for your needs.

There are several types of wallets for different crypto assets and tasks. Software wallets, or hot storage wallets, are connected to the Internet and come in many forms: Web, Desktop, Mobile or Browser Extensions. If you want to build a large crypto portfolio, you might want to look at multi currency wallets like Exodus, MetaMask, TrustWallet, Atomic or Guarda. If a coin or a token of your choice isn’t available there, you can always opt for a single-currency wallet that is usually designed by the project that launched the asset.

If you take safety and security matters seriously, go for hardware wallets, or cold storage wallets, like Ledger or Trezor, or even paper wallets. We strongly recommend you to do your research before creating a wallet: read the reviews to see what the community thinks, learn about the fees a particular wallet imposes for performing transactions, check out supported currencies and networks and see its security policy.

What is the best cryptocurrency exchange for beginners?

arrow

There are loads of different crypto exchange services, with new platforms emerging every month. Exchange providers differ by supported currencies, liquidity providers, fees, customer support, user interface, level of privacy and anonymity and customer support, which makes it hard for beginners to understand which one to choose. To learn more about what these exchanges offer and how you can assess them, read our guide on how to choose the best exchange platform.

To navigate them through the field full of services, we conduct research and thorough analysis of the market & list both prominent and promising exchange providers, keeping in touch with their teams 24/7. We give you all the necessary data on the offers they provide as well as their brief history, KYC/AML policies, reliability and advantages, while also indicating their downsides so that you don’t have to do that yourself.

What is Swapzone?

arrow

Swapzone is an instant non-custodial cryptocurrency exchange aggregator that helps users make an informed choice when exchanging crypto assets. To make this possible, we gather the information on the exchange providers, select the parameters for comparison, aggregate and sort available deals & give an option to make a swap through providers' APIs in the same interface with a common user flow for every exchange. Still have doubts? Here's 9 reasons why you should use Swapzone to exchange crypto.

Recent articles

Browse all

Learn how to exchange cryptocurrency with the lowest fees or zero fees as well as how to find the best crypto exchange rates and choose the safest cryptocurrency exchange provider.