This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Rally?

Rally (RLY) is an ERC-20 governance token that powers the Rally network, enabling content creators to launch fully customizable tokens and digital economies. It allows creators to monetize their following without transaction and platform fees, fostering direct connections between creators and supporters. The token also provides community activity rewards and incentivizes engagement on the platform.

How is Rally used?

Rally (RLY) is a cryptocurrency that powers the Rally network, enabling content creators to launch fully customizable tokens. These tokens, known as Creator Coins, allow creators to monetize their following without transaction and platform fees, fostering direct connections between creators and their supporters. The RLY token also provides community activity rewards, incentivizing engagement on the platform.

How do I store Rally?

To store Rally (RLY) tokens, you can use a secure and user-friendly wallet like Guarda. Here are the steps to follow:

  1. Create a Guarda Wallet:

    • Download the Guarda app from the Apple AppStore or Google Play, or install a desktop wallet.
    • Create an account on Guarda and set a strong password.
    • Save your wallet backup securely.
  2. Add Rally (RLY) to Your Wallet:

    • Open the Guarda app and tap the "Receive" button.
    • Paste the generated address or scan the QR code when sending coins from an external wallet or exchange to Guarda.

Guarda is a non-custodial wallet, meaning you hold your own keys and have full control over your funds. It offers robust security features, including fingerprint authorization and PIN code, ensuring your crypto and personal information are safe.

How to buy Rally?

To buy Rally (RLY) tokens, you can follow these steps:

  1. Choose an Exchange:

    • MEXC: Open an account on MEXC, pass KYC (Verify Identification), and click on the “Buy Crypto” link. You can buy RLY directly with a credit card, or use a stablecoin like USDT to purchase RLY on the spot market.
    • Gate.io: Gate.io is another exchange where you can buy RLY. The current price is $0.011791 with a volume of $35,483.
    • UPbit: UPbit is another option, with a current price of $0.01205 and a volume of $121,258.
    • Bitfinex: Bitfinex also lists RLY, with a current price of $0.011785 and a volume of $6,615.12.
  2. Set Up Your Wallet:

    • Trust Wallet: If you prefer a decentralized exchange (DEX), you can use Trust Wallet. Download the wallet, set it up, and buy ETH as your base currency. Then, send the ETH to your wallet and connect it to a DEX like 1inch to trade for RLY.
  3. Purchase RLY:

  • MEXC: On MEXC, you can buy RLY directly with a credit card or use a stablecoin like USDT. You can also use their peer-to-peer service or instant deposit via SEPA.
  • Rally.io: On Rally.io, you can buy RLY using debit/credit cards or cryptocurrencies like Bitcoin and Ethereum. There is a $500 limit per transaction for debit/credit cards, but no limit for cryptocurrency purchases.
  1. Trade and Manage:
    • MEXC: After buying RLY, you can hold it in your MEXC account wallet, send it to another wallet, or trade it for other cryptocurrencies. You can also stake it on MEXC Earning Products for passive income.
    • Rally.io: On Rally.io, you can convert RLY to other creator coins or use it to purchase other coins.

Remember to follow the specific guidelines and fees associated with each exchange and method.

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History of Rally

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How Rally works

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Rally's strengths

Rally's risks

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