Riverex FAQ’s

What is the official Riverex website?

The official website of Riverex is https://riverex.io/

How do I access Riverex DEX?

On the official website of Riverex, click Launch App and you will be redirected to the DEX platform of Riverex.

What if I forget my username and password?

You can use your Private Key (Mnemonics) to log in to Riverex, in case you forget your username and password. Once you successfully log in, you can change your password again.

How do I initiate peer-to-peer chat?

Users can either create their own chat rooms or join other traders’ chat rooms. From here, they can initiate a conversation or swap discussions with them.

How can I create a private chat room?

On your dashboard, click Create New Room, select Private Room, and then fill out the Room Name and Room Description.

How can I join the chat room?

On Chat Rooms section, go to All Rooms. Here, you will see all the chat rooms created on the Riverex platform. You can also search the name of the chat room you prefer then click Join Room.

The owner of the chat room will be notified of your joining request and will have the authority to Accept or Decline it.

What is the public key used for?

Your Public Key is the address that you can share with your peers. This will be used when you are receiving or swapping cryptocurrencies with other traders.

Why are Mnemonics so important?

Mnemonics are important because it serves as your Private Key that no one (not even Riverex) has access to. You can use it to confirm swapping, transactions, and logging in to the Riverex platform.

Where is the money locked in case of swap?

Every swap confirmed in Riverex is locked in a smart contract.

What happens to my chat room if it’s inactive?

Chat rooms are deleted by default after 7 days of inactivity (after its creation and after the last message recorded in the chat room).

Does Riverex have any limit for creating chat rooms?

Every user can create up to a maximum of 5 public rooms and 5 private rooms.

What is the Peer-to-Peer tab for?

Users who are ready to swap cryptocurrencies with their fellow traders can go to the Peer-to-Peer Tab to start the swap.

What is a Swap?

Swap” refers to exchanging one cryptocurrency you hold for the equivalent value of another cryptocurrency.

What is the difference between Atomic Swap and Normal Swap?

In cryptocurrency, a normal swap refers to exchanging one coin or token for another in the same blockchain, while an atomic swap is an exchange of cryptocurrencies from separate blockchains.

Can I buy crypto using a credit card on the Riverex platform?

No, because users can only buy cryptocurrencies from their wallet application.