renBTC (RENBTC) Price Up 0.3% Over Last Week

renBTC (RENBTC) traded 0.2% higher against the US dollar during the one day period ending at 11:00 AM Eastern on December 19th. In the last seven days, renBTC has traded up 0.3% against the US dollar. renBTC has a market cap of $5.35 million and $20.00 worth of renBTC was traded on exchanges in the last day. One renBTC token can now be bought for about $16,207.80 or 0.18351449 BTC on major exchanges.

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

• 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.
• 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.
• SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $87,919.79 or 0.99548094 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.6% higher against the dollar and now trades at $87,912.07 or 0.99590449 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About renBTC

renBTC was first traded on May 26th, 2020. renBTC’s total supply is 330 tokens. The Reddit community for renBTC is https://reddit.com/r/renproject and the currency’s Github account can be viewed here. The official website for renBTC is renproject.io. 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.Telegram”

Buying and Selling renBTC

It is usually not possible to buy alternative cryptocurrencies such as renBTC directly using US dollars. Investors seeking to trade renBTC should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy renBTC using one of the exchanges listed above.

RENBTC/USD price chart by TradingView