Trade MOON and BRICK on Kraken
Reddit Karma has gone crypto and now you can cash in
Reddit Karma is a great badge of honor, but it’d be nice if it could help pay the rent. Well, now it can with a new feature called Reddit Community Points (RCPs). RCPs work very much like Karma, except they are legit crypto assets that can be transferred outside Reddit, onto Kraken, and exchanged for other assets like USD or Bitcoin.
Like Karma, RCPs serve as a measure of reputation, but also allow you to get paid for the content you create, or reward others for their content. In the broadest sense, community points help capture part of the value of their communities and allow Redditors to own a piece.
Ready to Trade MOON?
- Earned a rocket full of MOON and ready to sell? Or looking to buy to fill up your MOON bags? Let’s go!
MOON and BRICK
MOON and BRICK are the first two RCPs. No surprise, r/Cryptocurrency is one of the first subreddits to get in on the act, and their token is MOON. BRICK is the token for the r/FortNiteBR subreddit. While perhaps more unexpected, it’s testament to the innovative spirit of FortNite gamers!
More about MOON
Active users of the r/Cryptocurrency subreddit will be ecstatic to know that they can now own a cryptocurrency built for their community. Whether you are an active creator, or an active lurker, you can begin to earn and spend MOON to engage with the subreddit’s content and community.
Owning MOON allows you to play a role in maintaining the r/Cryptocurrency subreddit. If you are already an active content creator on r/Cryptocurrency, you may consider creating a Vault, Reddit’s version of a digital wallet, to claim the MOON tokens you’ve earned to date. Lastly, active users can also purchase MOON to tip their favorite content creators.
You can find more information on Reddit’s MOON cryptocurrency here.
More about BRICK
If you are an avid player of the popular video game “FortNite: Battle Royal”, you may have spent some time perusing the depths of the r/FortNiteBR subreddit in search for tips and tricks on how to improve your play. Or maybe you are a seasoned veteran offering advice. Either way, Reddit has now made it capable for you to get rewarded for the content you have created on the subreddit through its new BRICK cryptocurrency.
Purchasing BRICK allows you to own a piece of your favorite community, much like stocks allow you to invest in companies you believe in. The BRICK cryptocurrency can also be used to purchase a special membership, buy specialized badges and awards, take part in polls to improve the subreddit, or to tip your favorite content creators.
You can find more information on Reddit’s BRICK cryptocurrency here.
Ready to Trade BRICK?
- Sitting on a big stack of BRICK and want to sell? Or need to buy and pile your BRICK holdings higher? We got you!
How to Trade RCPs on Kraken
We make trading safe and easy. Just follow these simple steps to get started:
Sign up for a Kraken account.
Provide an email address, choose a username, and pick a strong password to protect your account.
Verify your account.
After your “Starter” verification (providing name, date of birth, country and phone number), you can trade MOON/BRICK with other cryptocurrencies (like ETH and BTC). If you’d like to use fiat currency, like USD or EUR, you’ll need to provide additional support documents verifying your identity. For more information, see our verification levels documentation.
Deposit fiat or crypto into your account.
Funding your account with fiat currencies for trading can be done in a number of ways, including SWIFT, SEPA and domestic wire transfers. The option you select will be based on your location and preference. To deposit crypto, just create a deposit address and send the funds to this address.
To buy MOON/BRICK, you first need to deposit the fiat or crypto you plan to buy them with, then you are ready to purchase them using Kraken. To sell MOON/BRICK, you’ll need to send the cryptocurrencies to a specified Kraken address, and then trade them in for other crypto, or fiat.
Once your deposit hits your account, you’re ready to start trading MOON/BRICK. With your Kraken account, you’ll also have access to our charting tools, 24-hour global client support, and advanced order types.
Reasons to trade MOON or BRICK
- Exchange MOON or BRICK for other crypto or fiat currencies
- Cash in on your earnings from producing content
- Tip the best content creators
- Invest in the Reddit ecosystem
- Participate in the governance of your favorite subreddit
24/7/365 Customer Support
Trading is really pretty simple! If you have any questions about trading MOON or BRICK, let us know. Our support staff is online all day, every day, ready to help.
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Start trading MOON or BRICK
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