How to buy Ribbon Finance (RBN) in Canada

Learn how to buy Ribbon Finance in Canada and how to decide if you should invest in RBN now with detailed price, chart and performance metrics.

With a market cap of $3,155,390.00 USD, Ribbon Finance ranks as the 2526th largest cryptocurrency by market capitalization in the world. It is currently trading at a price of $0.037 USD per coin and trades using the cryptocurrency code RBN.

Ribbon Finance is a highly volatile asset capable of major price swings in a single day. So before you buy Ribbon Finance, make sure you understand these unique risks as well as its tax and legal status in Canada.

If you want to buy Ribbon Finance in Canada or track its performance, keep reading to see the latest RBN price, market cap and trading volume along with a step-by-step guide on how to invest in RBN crypto in Canada.

Ribbon Finance (RBN) summary

Current price $0.037
All-time high $5.54
All-time low $0.034
1-year price change ▼ -92.42%
Market cap $3.16M
Market cap rank #2526
Total volume (24h) $0.00M
Circulating supply 84,164,550
Max supply 1,000,000,000
Where to buy RBN Buy on Coinbase
All monetary values in this table are in USD and were last updated on December 17, 2025.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Ribbon Finance in 5 steps

The whole process of buying RBN can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Ribbon Finance in Canada:

  1. Compare crypto exchanges

    The easiest way to buy Ribbon Finance is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.

  2. Create an account

    To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

  3. Make a deposit

    Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

  4. Buy Ribbon Finance

    You can now exchange your funds for Ribbon Finance. On beginner-friendly exchanges, this is as simple as searching for the coin name (Ribbon Finance) or its crypto code (RBN), entering the CAD or RBN amount you want to purchase and clicking "Buy."

  5. Secure your Ribbon Finance

    Consider transferring your RBN to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.

Where to buy Ribbon Finance in Canada

We've curated a list of legitimate crypto exchanges below where you can buy Ribbon Finance in Canada to help you compare deposit methods, supported fiat currencies and fees.

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Finder Score Fiat currencies Cryptocurrencies Deposit methods Disclaimer
9.7Excellent
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288
Debit card, Electronic Funds Transfer, Interac e-Transfer, PayPal
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Finder Score for crypto exchanges

To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.

Read the full methodology

Ribbon Finance coin price

The Ribbon Finance (RBN) coin price is $0.037 USD, which is -5.20% lower than the previous day's trading price of $0.040 USD. Over the past 30 days, RBN's price has changed by -28.35%, from $0.052 USD to the current price of $0.037 USD. Compared to this time last year, Ribbon Finance's coin price has seen a decrease of -92.42%.

What was Ribbon Finance's all-time high price?

Ribbon Finance reached its all-time high price of $5.54 USD on October 7, 2021. After that, it dropped by -99.39% to its all-time low price of $0.034 USD on June 27, 2025. It has since climbed back up to its current price of $0.037 USD.

Historical Ribbon Finance price chart

You can use this chart to track RBN price performance over time.

Can I buy Ribbon Finance in Canada?

Yes, you can buy Ribbon Finance in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Ribbon Finance—like the ones in our curated list above—and place a "buy" order. For example, Coinbase supports Ribbon Finance and is a registered crypto exchange in Canada.

Because Ribbon Finance is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What is Ribbon Finance?

RBN is the native cryptocurrency of the Ribbon Finance protocol. Ribbon Finance is a decentralised finance (DeFi) platform designed to generate sustainable yield and enhance the risk/return profile of a user's portfolio. To enhance risk/return profiles the platform blends various structured products, such as cryptocurrency futures and options. According to Ribbon Finance documentation, the platform was developed on the Ethereum blockchain. Its core products include the Theta Vault and Theta Vault Yearn. The Theta Vault is a yield-generating smart contract that automatically runs certain options strategies. Currently, the vault implements a covered call options strategy focusing on ETH. In comparison, the Theta Vault Yearn works by periodically converting its entire USDC balance into yvUSDC. This in turn provides users with exposure to the yields that are produced in the Yearn Finance DeFi application. RBN in the native governance token of the Ribbon Finance ecosystem. Token holders can use RBN to either vote on or submit proposals regarding future development proposals. Furthermore, RBN can also be staked and locked in the Ribbon Finance platform to produce increased rewards and provide an incentive for liquidity provision.

What will I need to buy Ribbon Finance?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy Ribbon Finance with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy Ribbon Finance with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Ribbon Finance with a credit card, you should be aware of the additional cost and risks involved.

For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy Ribbon Finance, you could end up paying this:

  • Price of RBN: $0.037 USD
  • Purchase amount: 1000 RBN
  • Estimated exchange fee (3%): $1.12 USD
  • Total cost: $38.62 USD

If it took you three months to pay off your Ribbon Finance purchase at a credit card interest rate of 19.99% APR, you would pay an additional $1.93 USD in interest on top of what you originally paid to buy Ribbon Finance.

This example can help you compare the relative cost of buying Ribbon Finance with a credit card versus other lower‑fee methods like Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Ribbon Finance, or visit our guide on buying crypto with a credit card for more details.

Can I buy Ribbon Finance with a debit card?

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Yes, it is possible to buy Ribbon Finance with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy Ribbon Finance with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Is buying Ribbon Finance crypto a good investment?

Altcoin investments can be extremely risky. That is why it is crucial to evaluate both the token and the associated platform.

Here are a few factors to consider before investing in RBN:

  • RBN's value is derived from the public's view of the Ribbon platform. Therefore, if any hacks or attacks manage to penetrate the platform or drain its funds, it would most likely result in a plunge in the price of RBN.

    While its smart contracts are audited by top security firms, this doesn't guarantee that exploits won't occur in the future.

  • Tokenomics:The Ribbonomics (tokenomics) implemented by Ribbon Finance fuse “some of the best ideas from other DeFi projects” to ensure RBN's long-term utility and sustainability. Developers recognised some of the shortcomings of previous DeFi platforms, especially the lack of value given back to governance token holders.

    While this doesn't guarantee anything, at the very least, it gives an assurance that the team is working on novel ways for RBN to sustainably increase in value over time.

  • Competition: Ribbon Finance faces steep competition among yield-generating DeFi platforms, such as Yearn, Alpha Finance, and Curve. The fact that Ribbon launched on Ethereum, the most congested blockchain, makes its journey an uphill battle considering that other chains like Solana and Fantom already have native projects that offer similar products at significantly lower fees.

    Ribbon Finance does plan to compete in other blockchains in the future.

  • Scalability: The platform hasn't announced any scalability plans, which forces us to assume that they are relying on Ethereum's forthcoming “sharding” feature - which isn't expected to come out until 2023. This will allow it to scale operations within the Ethereum network.
  • Multi-chain future: The platform intends to be chain-agnostic and has made its first step in this direction by deploying on the Avalance blockchain in December 2021.

    Thankfully, Avalanche has a higher transaction throughput, which gives users an option to participate in Ribbon without needing to deal with the high gas fees offered by Ethereum.

  • Price volatility: Ribbon Finance's price is largely based on speculation, meaning it can rise or fall quickly. For example, Ribbon Finance's price has decreased by -16.69% in just the last seven days.
  • Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Ribbon Finance purchase order or moving Ribbon Finance off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Ribbon Finance sent to the wrong address.
  • Regulatory uncertainty: The regulatory environment for Ribbon Finance and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Ribbon Finance's future—for better or worse.

Where to store your Ribbon Finance once you buy it

There are two main options for storing Ribbon Finance once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your Ribbon Finance on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.

It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.

How is Ribbon Finance taxed in Canada?

Like all crypto, Ribbon Finance is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.

Money you get from selling Ribbon Finance can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Ribbon Finance buyer than if your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our guide to crypto tax in Canada.

Bottom line

Keep in mind that buying Ribbon Finance can be risky. But if you decide to invest in Ribbon Finance, look for a regulated crypto exchange in Canada that supports RBN, and make sure to store your crypto securely.

Once you've bought Ribbon Finance, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Ribbon Finance's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying Ribbon Finance in Canada

Sources

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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