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What is Radicle (RAD)?

Radicle can be thought of as a more decentralized component to the Microsoft-owned Github that much of crypto development still relies upon. Radicle enables developers to maintain a peer-to-peer design environment where they can collaborate on deployment without relying on the third-party monoliths of Web 2.0 which an increasingly larger amount of developers no longer tolerate. However, Radicle was designed with the same easy-to-use design that devs are used to, so the jump between worlds will not be as difficult as it is with other more complicated collaboration environments. Essentially, Radicle aims to take all of what was so strong about distributed version control and amplify the good parts of centralized code infrastructure. Additionally, Ethereum is leveraged by Radicle in part to help it sustain its pledge to remain open source. 

The ecosystem is built on Git and called Radicle Link. The purpose of Radical Link is to extend Git by adding peer-to-peer discovery that disseminates data through a process called gossip. If a participant in a network is interested in data, that can spread it by maintaining redundant copies locally and then sharing those copies through a process called replicating. Radicle Link maintains Git’s efficiency, yet offers a decentralized storage network built on peer-to-peer layering. Radicle Link is open-source throughout the entire ecosystem and lacks Github’s closed components that are not auditable or modifiable.

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How to Buy Radicle in Australia

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Frequently Asked Questions

Where is the best place to buy Radicle?

The best place to buy Radicle is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

Is Swyftx Safe to buy Radicle?

Yes, Swyftx is a safe and secure platform to buy and sell Radicle (RAD). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.

Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.

You can find more information on our security practices here.

How is the price of RAD determined?

The price of RAD is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:

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Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

Can I buy Radicle with credit card?

Swyftx does not allow you to directly buy Radicle with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy RAD instantly.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.