Ribbon of Rebirth is a Equip Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, Ribbon of Rebirth is Unlimited.
YGOPRODeck lists Ribbon of Rebirth for these formats: Duel Links, Common Charity, Edison, TCG, OCG, Master Duel.
A listed print of Ribbon of Rebirth appears in Battle Pack 3: Monster League (BP03-EN153) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Ribbon of Rebirth is about $0.06 on Cardmarket (prices change frequently).
