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What is Rats?

RATS is an animal meme coin created on the Bitcoin blockchain using the BRC-20 token standard, with a total amount of 1 trillion tokens in circulation.

  • RATS uses the Bitcoin Ordinals system to provide utility to the token. This provides the ability to order, identify and enrol digital content in satoshis, the smallest unit of Bitcoin.
  • The Ordinals protocol allows developers to embed a wide range of content, from text and graphics to audio, video, video games and sophisticated code.
  • As a memecoin, RATS depends on strong community engagement. The RATS team achieves this by staying active on social media and interacting with their supporters regularly.

RATS looks to differ from other memecoins by using the Bitcoin blockchain. With the BRC-20 token standard the team looks to offer a new way to utilise Bitcoin, allowing for the creation and transfer of tokens within the Bitcoin ecosystem​​​​​​.

How do I swap Rats?

Enter amount to swap
Select the quantity of Rats you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Rats

Why Should I Trade RATS with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Rats no matter what your trading experience is. Unlike other international and Australian Rats exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Rats with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Rats how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Rats?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Rats for free.

Cold Storage

If you are holding Rats as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Rats. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Rats. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Rats has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Rats is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Rats exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Rats & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Rats safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Rats portfolio here.
Yes! With CoinSpot you can convert your Rats to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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