renBTC 24-Hour Trading Volume Reaches $444.02 (RENBTC)

renBTC (RENBTC) traded down 3.5% against the U.S. dollar during the 1-day period ending at 10:00 AM E.T. on June 11th. One renBTC token can currently be purchased for $66,509.21 or 0.99329179 BTC on major exchanges. In the last week, renBTC has traded down 3.4% against the U.S. dollar. renBTC has a market cap of $21.94 million and $444.02 worth of renBTC was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded down 0.6% against the dollar and now trades at $0.24 or 0.00000366 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded down 0.1% against the dollar and now trades at $0.0104 or 0.00000015 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

renBTC Token Profile

renBTC was first traded on May 26th, 2020. renBTC’s total supply is 330 tokens. The Reddit community for renBTC is https://reddit.com/r/renproject and the currency’s Github account can be viewed here. renBTC’s official website is renproject.io. renBTC’s official message board is medium.com/renproject. renBTC’s official Twitter account is @renprotocol and its Facebook page is accessible here.

According to CryptoCompare, “RenVM implements universal interoperability using the tokenised representation model. However, it introduces several advances that aim to solve many of the technical and economic problems in existing models.

RenVM was created to replace the role of the trusted custodian with a decentralised custodian. This decentralised custodian is implemented using the RZL MPC algorithm, which can generate and manage ECDSA private keys without exposing them (not even to the machines that power RenVM). This improves on WBTC and imBTC by removing the need to trust a centralised custodian.

renBTC (RENBTC) is a one for one representation of BTC on Ethereum via RenVM.”

Buying and Selling renBTC

It is usually not presently possible to buy alternative cryptocurrencies such as renBTC directly using US dollars. Investors seeking to acquire renBTC should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy renBTC using one of the exchanges listed above.

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