renBTC (RENBTC) traded up 0.4% against the US dollar during the one day period ending at 13:00 PM ET on July 21st. One renBTC token can now be purchased for about $66,800.40 or 0.98983203 BTC on cryptocurrency exchanges. Over the last seven days, renBTC has traded up 10.9% against the US dollar. renBTC has a market capitalization of $22.04 million and $105.36 worth of renBTC was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed over the last 24 hours:
- KILT Protocol (KILT) traded 1.8% higher against the dollar and now trades at $0.20 or 0.00000299 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 0.8% against the dollar and now trades at $0.0128 or 0.00000019 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
renBTC Profile
renBTC was first traded on May 26th, 2020. renBTC’s total supply is 330 tokens. renBTC’s official website is renproject.io. 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.
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 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase renBTC using one of the exchanges listed above.
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