Buy RDPX in 3 easy steps!
Create your free Bitget account
Select a funding method
Complete your Dopex Rebate Token purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Dopex Rebate Token using a payment method of your choice:
Buy Dopex Rebate Token with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Buy Dopex Rebate Token with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Dopex Rebate Token is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Dopex Rebate Token order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Dopex Rebate Token order.Buy Dopex Rebate Token with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Dopex Rebate Token order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Dopex Rebate Token in your Bitget spot wallet
How to buy Dopex Rebate Token for free
- Learn how to earn Dopex Rebate Token for free through the Learn2Earn promotion
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- Receive free Dopex Rebate Token airdrops by joining On-going challenges and promotions
What is Dopex Rebate Token (RDPX)?
Dopex Rebate Token (RDPX) is one of the two native tokens of the Dopex Network, a DeFi platform that focuses on options trading with the aim to create an environment that benefits both option writers and buyers. Launched in 2021 on Ethereum, it has since expanded to other platforms such as Polygon, Arbitrum, BSC, and Avalanche. Defi Llama currently reports a total value locked of $27.91 million on the platform.
How Dopex Rebate Token (RDPX) Works
Dopex Rebate Token is a token that is distributed to compensate pool participants for any losses incurred. The number of tokens created is determined based on the net value of losses incurred by option writers. A certain percentage of the losses, as determined by governance, is minted for all option writers.
Initially, RDPX may experience scarcity if buyers are not profitable, as there is no set emission curve. However, the emission mechanism can be altered in the future through governance votes.
To mitigate the risk to option writers from losses incurred during periods of high volatility, Dopex offers rDPX rebates through various mechanisms. These rebates make it an attractive passive source of income for entities, especially when compared to option writing in traditional markets. Rebates also help offset disproportional losses that may occur due to tail risk events.
How Many Dopex Rebate Token (RDPX) Tokens Are in Circulation?
The total supply of RDPX is 2,250,000 and the circulating supply is 1,351,057.
How to Buy Dopex Rebate Token (RDPX)
Consider investing in Dopex Rebate Token (RDPX)? It only takes 2 minutes to create an account on Bitget and start trading RDPX.
Check out the available RDP X trading pairs on Bitget!
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