renBTC (RENBTC) One Day Trading Volume Tops $536,531.72

renBTC (RENBTC) traded up 0.1% against the US dollar during the 1 day period ending at 22:00 PM E.T. on March 18th. renBTC has a total market capitalization of $101.74 million and approximately $536,531.72 worth of renBTC was traded on exchanges in the last day. In the last week, renBTC has traded up 27.6% against the US dollar. One renBTC token can now be bought for approximately $28,421.96 or 1.04637034 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 10.4% lower against the dollar and now trades at $0.40 or 0.00001486 BTC.
• Aidi Finance (BSC) (AIDI) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 1.9% against the dollar and now trades at $0.0667 or 0.00000246 BTC.
• CareCoin (CARES) traded 1.9% lower against the dollar and now trades at $0.0827 or 0.00000306 BTC.
• OmniaVerse (OMNIA) traded 21.6% higher against the dollar and now trades at $0.0013 or 0.00000005 BTC.
• Kitty Inu (KITTY) traded down 1.9% against the dollar and now trades at $98.93 or 0.00365664 BTC.
• FEG Token (FEG) traded down 1.9% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded down 1.3% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded 1.9% lower against the dollar and now trades at $7,190.88 or 0.26577750 BTC.
• Lego Coin (LEGO) traded up 21.4% against the dollar and now trades at $0.0172 or 0.00000063 BTC.

renBTC Profile

renBTC was first traded on May 26th, 2020. renBTC’s total supply is 3,580 tokens. renBTC’s official website is renproject.io. The Reddit community for renBTC is https://reddit.com/r/renproject and the currency’s Github account can be viewed here. The official message board for renBTC 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 possible to buy alternative cryptocurrencies such as renBTC directly using U.S. dollars. Investors seeking to acquire renBTC should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy renBTC using one of the exchanges listed above.

RENBTC/USD price chart by TradingView