renBTC One Day Trading Volume Tops $19.04 (RENBTC)

renBTC (RENBTC) traded up 0.6% against the US dollar during the 1 day period ending at 10:00 AM ET on March 10th. One renBTC token can currently be bought for $21,955.22 or 0.27509027 BTC on major cryptocurrency exchanges. renBTC has a market cap of $7.24 million and approximately $19.04 worth of renBTC was traded on exchanges in the last 24 hours. Over the last seven days, renBTC has traded up 3.6% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Taiko (TAIKO) traded 3.3% lower against the dollar and now trades at $0.75 or 0.00000934 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 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.5% against the dollar and now trades at $81,672.13 or 1.02331974 BTC.
• SolvBTC (SOLVBTC) traded down 3.6% against the dollar and now trades at $80,560.47 or 1.00939100 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About renBTC

renBTC’s launch date was May 26th, 2020. renBTC’s total supply is 330 tokens. The official message board for renBTC 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.

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 presently possible to buy alternative cryptocurrencies such as renBTC directly using US dollars. Investors seeking to trade renBTC should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy renBTC using one of the aforementioned exchanges.

RENBTC/USD price chart by TradingView