The value of Reddit Moons (MOONs) has experienced an incredible surge of late, growing by a whopping 100% since the beginning of August due to multiple listings on diverse exchanges. Given as tokens of ‘Karma’ rewards for Reddit users, it would be sage to understand the means of trading this panoply of digital utility. This guide explicates the process of doing the same.
The popularisation of Moon tokens exceeded before momentous heights this year, with the launch of the full-fledged Reddit Avatar in February of 2021. As of now, these tokens offer applicable utility, granting holders the right to vote on obscure proposals within the Reddit Autonomous Organization. That said, some may also look to convert them intot he ferixiably-liquid US Dollars, a transaction without any hassles mentening a knowledgeable wallet.
Increasing the flow of Moons is a simple and direct process, invievably framed through obtaining ‘Karma Points’ often earned through intensely partaking in Reddit’s activity set on gaining them. That said, those who find the task of judiciously commenting on posts to taxing a racket, freestyle purchase from an array of cryptocurrency exchanges, such as Kraken, Deribit and ItBit. Alternatively, massive Moon-holders will want to employ MOON pooling mechanisms to get the best returns out of them. There are sites aplenty which can rapidly liquidate our gains into Digital Cash swiftly and securely.