renBTC (RENBTC) Trading Down 10% Over Last 7 Days

renBTC (RENBTC) traded down 6% against the U.S. dollar during the 1-day period ending at 23:00 PM ET on April 30th. Over the last seven days, renBTC has traded 10% lower against the U.S. dollar. renBTC has a total market cap of $18.39 million and approximately $11,533.08 worth of renBTC was traded on exchanges in the last day. One renBTC token can now be purchased for $60,380.94 or 1.00499457 BTC on major exchanges.

Here is how other cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 1.7% lower against the dollar and now trades at $0.29 or 0.00000483 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
  • BitcoinBR (BTCBR) traded 96.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.9% against the dollar and now trades at $0.0097 or 0.00000016 BTC.

renBTC Profile

renBTC’s genesis date was May 26th, 2020. renBTC’s total supply is 304 tokens. The official website for renBTC is renproject.io. The Reddit community for renBTC is https://reddit.com/r/renproject and the currency’s Github account can be viewed here. 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.”

renBTC Token Trading

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

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