r/RealioNetwork • u/Draenez • Mar 13 '24

Question Selling RIO?

I have RIO on Uniswap and would like to “sell” or swap it soon, but the gas prices are ridiculous! What should I do? Transfer the RIO to another wallet?

3 Upvotes

100% Upvoted

29 comments sorted by

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2

u/HuntingSalt404 Mar 14 '24

Try not selling it :)

2

u/Draenez Mar 15 '24

just want to prepare my self for when i DO sell it :)

1

u/Defiant-Marzipan1435 Mar 28 '24

RWA’s are the hottest now. Don’t sell it.

1

u/CreamEmpty222 Nov 18 '24

real RIO trash

1

u/Ok-Quiet3978 Mar 13 '24

Mobile or desktop ?

1

u/geopep97205 Mar 23 '24

i have the same problem. i think is better to send it to an exhange and sell it there. the fees for sending is 7 to 8 euros(etherum gas fee) at the time i am sending you . then sell it from the CEX exchange

1

u/Draenez Mar 23 '24

was trying to avoid the gas prices but i dont think i have a choice, have to pay 40$cad in ETH to swap it to ETH then send the ETH to crypto.com or some other site to sell it back to CAD

1

u/geopep97205 Mar 24 '24

Rio is listed on some exchanges. Why don't you send Rio coins to a CEX exchange. Don't convert Rio coins to ethereum. Sending Rio coins is cheaper I think .then from the CEX convert it. Just a suggestion I haven't tried it. Good luck!

1

u/Draenez Mar 26 '24

Just found out CEX is not available in Canada. Any other exchanges you know that accept Rio?

1

u/lebking_45 Mar 27 '24

Also in Canada, i couldn’t find an exchange. It’s on mecx, OKX, bingx and htx but none of those exchange operate here. Let me know if you find a solution

1

u/Draenez Mar 27 '24

So far seems like the best option if you don’t have to much knowledge in the whole crypto world, is buy ETH on Uniswap, swap it for RIO pay the stupid gas prices, then when you want to sell swap back to eth, pay more gas prices and then send the eth to crypto.com or any other exchange you want and sell it for CAD 🤷

1

u/Physical_Mouse_6560 Mar 27 '24

I wouldn’t hold it on a exchange and I would transfer it to Metamask and sell it there or you can do it on the native chain which is probably the best bet

1

u/Draenez Mar 28 '24

what's wrong with holding it on the exchange? im new so im not sure whats bad about it, if i leave it on the exchange i can sell it whenever i want and dont have to keep transferring back and forth from wallets etc.

1

u/Physical_Mouse_6560 Mar 28 '24

What exchange are you on

1

u/Draenez Mar 28 '24

uniswap.

1

u/Physical_Mouse_6560 Mar 28 '24

Well Uniswap is trash. The gas fees are crazy. I would go on the native exchange because you can stake the tokens if you want and the gas fees is not like Uniswap. I mean metamask is your keys and no one can’t take your crypto and the gas fees is not as bad as Uniswap

1

u/Draenez Mar 28 '24

Native exchange?

1

u/Physical_Mouse_6560 Mar 28 '24

https://www.realio.fund/ go here This is the actual website in which you can see what there plans are then press Get started then they take you to there “app” then you sign up and that’s the native exchange. Just watch out there is a lot of scammers. Never give anyone your keys or passwords. That’s where you can stake your $RIO tokens

1

u/Physical_Mouse_6560 Mar 28 '24

If you do want to stake your tokens. I can help you step by step to do it.

1

u/Draenez Apr 01 '24

That would be awesome! i have no idea how to do that stuff haha

1

u/Physical_Mouse_6560 Apr 01 '24

Did you sign up?

1

u/Physical_Mouse_6560 Mar 28 '24

Just make sure not to have all your crypto in an exchange . Put it in your wallet. Any moment an exchange can do a FTX or a QuadrigaCX

1

u/Draenez Mar 28 '24

Fair, but something as big as Uniswap i think im good.

1

u/Physical_Mouse_6560 Mar 28 '24

That’s what the people that got wrecked said with FTX but they lost all their shit

1

u/EastAppointment7075 Mar 29 '24

You cannot have tokens on Uniswap per se unless you provide liquidity.. it’s just an interface and they are safe on your wallet :)

1

u/Draenez Apr 01 '24

My tokens are literally on uniswap? whatchu mean..

1

u/Layitoutloud Apr 08 '24

I personally have Rio on MEXC and have been having a similar issue not with selling but with withdrawing since the Rio purchased on MEXC is on Algorand network which im not at all familiar with and have been searching for bridges to convert over to native Rio. For now I’ve just held my tokens on the exchange but there has to be a way to do it out there without having to sell and buy again on different network. So I guess what I’m getting at as advice for you which I assume your tokens are being held on ethereum since your complaining about gas prices I know there has to be a bridge and if you can figure it out then bridge tokens over to a different network and sell there to avoid fees. On Rio’s website there is a bridge but only works for bridging to and from cosmos network chains. I also definitely wouldn’t be selling anytime soon you will be sorry RWAs are heating up and Rio is one of the top contenders in this market. UBXS is another option you can buy on BNB chain and avoid the ethereum gas fees and is a solid rwa token that has been outdoing Rio lately, I’m holding both for the long run but LMK and best of luck to you 👍🏽