Rubies cryptocurrency (RBIES) is a decentralized, open-source peer-to-peer digital asset that operates on the Ethereum blockchain. It was created by Canadian-based Parhelia Finance in 2018 as a solution to the growing problem of cryptocurrency volatility. The developers of Rubies envisioned a platform where investors could store their assets securely, without the need for a third party. To facilitate their vision, Rubies coin holders are able to purchase tokens to “lock” their investments, shielding their funds from market volatility while they remain invested in the currency. What Makes Rubies Unique? What sets Rubies apart from other cryptocurrencies is its built-in deflationary design. For example, as a holder, you can “lock” tokens to protect your assets from depreciation and inflation. This allows investors to store their funds without fear of losses due to market fluctuations. As well, the coin is backed by several popular exchanges, including HitBTC and ChangeNOW and initially received widespread attention when it debuted in March of 2018. Where is Rubies Used? Rubies can be used for a wide variety of financial and commercial activities, including payments on the DarkNet, trading, and staking. In addition, the coin is accepted by a variety of accepted merchants and services, making it an excellent currency of choice for those seeking to purchase goods and services. Where to Buy/Sell Rubies? Rubies can be bought and sold on several cryptocurrency exchanges, such as HitBTC and ChangeNow. You can also find brokers and OTC platforms that support Rubies. For the safest and most reliable exchange, always choose one that is licensed and regulated by a financial authority. Conclusion In conclusion, Rubies is a decentralized, peer-to-peer digital asset that provides a secure and stable platform for investors to store their crypto assets. It is backed by several popular exchanges, boasts a deflationary design, and can be used for a variety of commercial and financial activities. If you’re looking for a reliable and secure cryptocurrency to invest in, Rubies could be the best choice for you.