How to create Ravencoin (RVN) wallet

02/05/2024

RavenCoin (RVN) is a cryptocurrency and blockchain platform that was launched in January 2018. The main goal of the project is to provide a decentralised and secure means of exchanging information and assets. RVN regularly ranks high in mining profitability and has resistance to ASIC devices.

You can exchange Ravencoin (RVN) on the Binance, MEXC, CoinEX, KuCoin, ByBit, Gate.io exchanges.

We will discuss two methods for creating a Ravencoin coin wallet.

  • Online Wallet Dove.
  • On an exchange.

A complete list of wallets for the Ravencoin can be found on the developers page — https://ravencoin.org/wallet/

We do not recommend mining to exchange. If you choose mining to an exchange, you do so at your own risk. Not your keys — not your crypto!

How to register an RVN wallet in Dove Wallet

Dove Wallet is a simple and secure web wallet for RVN created by the partners of Ravencoin.

This method is convenient for those who prefer to keep all their money in their own wallet and rarely exchange cryptocurrency. An online wallet, protected by a password and a seed phrase, will store your coins until you transfer them to another address.

Some cons: The security of your wallet depends on the security of your computer and the safekeeping of your code keys. Make sure that your PC is protected, your wallet login password is strong, and the code phrase is stored in a secure place.

  1. Open the Dove Wallet website — https://dovewallet.com/

  2. Click “Register”;

  3. Specify "Email" → specify password → confirm password → accept user agreement → click "Register”**;**

  4. Confirm your email address via the email you received from Dove Wallet;

  5. Go to the "Wallet" tab → Find "RVN" → Click on the "Deposit" icon;

  6. The wallet is now open and ready to use! Click on the "Copy" button next to the wallet address to copy it. You can then use it to mine or receive coins in your wallet.

How to Register a RVN Wallet on the Exchange

This method is convenient because you don’t need to register multiple wallets. Everything is stored on one exchange, and all coins and wallets are easily accessible. You can immediately exchange or trade your cryptocurrency without any hassle.

Some cons: The security of all your exchange wallets depends on the security of your exchange account. To ensure the utmost security, make sure to secure your email, exchange account, and enable two-factor authentication (2FA).

Keep in mind that sometimes exchanges change the address for depositing cryptocurrencies. The pool will not be able to change the address to which you are mining, so some of the cryptocurrency may be lost.

  1. Register at any exchange that provides the option to trade Ravencoin (**MEXC** is used in the example);

  2. After signing up, select "Wallet" → "Deposit";

  3. Select "Select Crypto → RVN", "NetworkRVN", get "Deposit Address";

  4. Done! You have got the wallet address for deposits to the exchange. Start by clicking on the icon next to the wallet address to copy it. You can then use it to mine or receive coins to your wallet.

This article is available in other languages: