Last update: Jun 6, 2022

How to Buy iExecRLC (RLC)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy iExecRLC. Depending on your country, you’ll have various crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Iexecrlc

How to Buy iExecRLC – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have iExecRLC of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto exchanges.

4. Buy iExecRLC

Now that you have what you need to buy iExecRLC, head over to the market or buy section of the cryptocurrency trading platform and buy some RLC.

If the crypto exchange doesn’t have any iExecRLC on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has iExecRLC first), and trade your Ethereum for iExecRLC.

Where to Buy iExecRLC (RLC)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell iExecRLC

  1. Sign into the crypto exchange where you bought iExecRLC.
  2. Move your iExecRLC to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell iExecRLC.

 

Crypto trading

How to Buy iExecRLC (RLC) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy iExecRLC in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy iExecRLC if it’s available. If the exchange doesn’t have iExecRLC. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has iExecRLC), and trade your ETH for iExecRLC.

Alternatively, if you want to know more about which exchanges we recommend, look at our comparison of the most reliable Australian crypto exchanges.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy iExecRLC (RLC) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy iExecRLC in Canada, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy iExecRLC if it’s available. If the exchange doesn’t have iExecRLC. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has iExecRLC), and trade your ETH for iExecRLC.

If you’d like to know more about the exchanges we like, check our list of the best sites to buy bitcoin in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy iExecRLC (RLC) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy iExecRLC in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy iExecRLC if it’s available. If the exchange doesn’t have iExecRLC. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has iExecRLC), and trade your ETH for iExecRLC.

It’s also possible to take a look at our analysis of the best crypto trading platforms in the UK if you’re curious to know more about which ones we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying iExecRLC? RLC Rundown

iExec is the leader in decentralized computing based on blockchain. Blockchain is used to create a market where computing power can be monetized, as well as apps and data.

This is done by providing access on-demand to cloud computing resources. IExec supports applications in areas such as big data and healthcare, AI, rendering, fintech, and AI. IExec was established on October 16, 2016 with the aim of reinventing cloud computing by creating a new paradigm in cloud computing.

iExec is based on the XtremWeb–HEP, an open-source desktop grid program that implements features like multi-applications and fault-tolerance for multi-users, deployment virtual images, private infrastructure, data security, and more.

Computing resource providers make up the iExec network. These people are called iExec Workers. Users can join these workers by connecting their computers and are rewarded with RLC tokens if they contribute their resources to the network.

App providers can monetize algorithms. Data providers who own valuable data can make them available through iExec. Then there is also the consensus protocol known as PoCo or proof-of-contribution that provides consensus over the off-chain computing. Thanks to this proof-of-contribution, external resources providers have the usage of their resources certified on the blockchain itself.

IExec also offers distributed applications that run on the blockchain DApps. It allows for secure, scalable, and easy access servers, data-sets, and computing resources. Since all this is done on Ethereum, it can create a Virtual Cloud Infrastructure that can offer high-performance computing services when needed.

iExec supports emerging blockchain-based distributed apps and enables high-performance, cost-effective computing through a decentralized cloud infrastructure. A distributed cloud makes it easier to access machines and will dramatically increase the environmental footprint of data center data centers.

Related:

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.