Review on Reserve Rights by erdi yılmaz
RSR
The RSR token is one of the two cryptocurrencies of the Reserve platform. The other is RSV, which is a stablecoin.
According to the Reserve platform, cryptocurrencies are much more useful than traditional currencies. Therefore, this platform wants to develop a cryptocurrency that can be used almost all over the world in the future.
The purpose of the reserve platform is to ensure that people living in countries with high inflation risk preserve the value of their money by converting their traditional currencies into fixed currencies. The Reserve platform gives people the chance to preserve the value of their money. In addition, cross-border money transfers can be made with the Reserve at a very small cost. This way, people won't have to pay cross-border in traditional currencies. thus they will avoid high costs. The reserve also allows businesses to pay and receive payments in stablecoins. Thus, both people and businesses are protected from inflation and do not pay high transfer fees.
Thanks to volatile price movements, the RSR token contributes to the stability of the RSV supported by Silicon valley investors. Additionally, RSR offers some cryptographic opportunities for users to purchase RSV tokens depending on the growth of the network.
It is a symbol valued by people for being appreciated in the fight against inflation. People are still afraid of the RSR they follow closely. In particular, its listing on Binance puts it in a position to be followed closely for a while.
Pros
- It is admirable to fight inflation
- low costs in international money transfers
- Supporting by Silicon Valley investors gives confidence
- Being listed on Binance is a success
Cons
- has not yet convinced people enough
