renBTC (RENBTC) Price Down 3.4% Over Last Week

renBTC (RENBTC) traded down 1% against the US dollar during the 24-hour period ending at 22:00 PM Eastern on April 28th. renBTC has a market cap of $19.24 million and approximately $8,138.98 worth of renBTC was traded on exchanges in the last 24 hours. In the last seven days, renBTC has traded down 3.4% against the US dollar. One renBTC token can currently be purchased for approximately $63,194.04 or 1.00069648 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded up 2.6% against the dollar and now trades at $0.30 or 0.00000470 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• BitcoinBR (BTCBR) traded up 1,989,017,541% against the dollar and now trades at $0.0001 or 0.00000000 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.
• 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 up 1.5% against the dollar and now trades at $0.0097 or 0.00000015 BTC.

renBTC Profile

renBTC’s launch date was May 26th, 2020. renBTC’s total supply is 304 tokens. renBTC’s official Twitter account is @renprotocol and its Facebook page is accessible here. 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. The official message board for renBTC is medium.com/renproject.

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 purchase alternative cryptocurrencies such as renBTC directly using U.S. dollars. Investors seeking to trade renBTC should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase renBTC using one of the exchanges listed above.

RENBTC/USD price chart by TradingView