renBTC (RENBTC) traded up 0.5% against the dollar during the 24-hour period ending at 0:00 AM Eastern on May 25th. renBTC has a total market cap of $8.06 million and $167.41 worth of renBTC was traded on exchanges in the last 24 hours. During the last week, renBTC has traded down 2.8% against the dollar. One renBTC token can currently be purchased for approximately $26,485.14 or 1.00205447 BTC on major exchanges.
Here is how related cryptocurrencies have performed during the last 24 hours:
- KILT Protocol (KILT) traded up 1.2% against the dollar and now trades at $0.33 or 0.00001258 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 2.2% lower 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.
- OmniaVerse (OMNIA) traded up 0.3% against the dollar and now trades at $0.0017 or 0.00000006 BTC.
- Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
- Hokkaidu Inu (HOKK) traded 0.4% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
- Lego Coin (LEGO) traded 4.9% higher against the dollar and now trades at $0.0158 or 0.00000060 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 up 1.2% against the dollar and now trades at $0.0090 or 0.00000034 BTC.
renBTC’s genesis date was May 26th, 2020. renBTC’s total supply is 304 tokens. renBTC’s official message board is medium.com/renproject. The Reddit community for renBTC is https://reddit.com/r/renproject and the currency’s Github account can be viewed here. renBTC’s official Twitter account is @renprotocol and its Facebook page is accessible here. The official website for renBTC is renproject.io.
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.”
renBTC Token Trading
It is usually not presently possible to purchase alternative cryptocurrencies such as renBTC directly using U.S. dollars. Investors seeking to trade renBTC should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase renBTC using one of the aforementioned exchanges.
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