renBTC (RENBTC) Price Down 9.7% Over Last Week

renBTC (RENBTC) traded 0.4% lower against the dollar during the one day period ending at 7:00 AM Eastern on July 2nd. One renBTC coin can now be bought for about $19,249.14 or 1.00136565 BTC on popular cryptocurrency exchanges. renBTC has a market capitalization of $92.85 million and $2.81 million worth of renBTC was traded on exchanges in the last 24 hours. In the last seven days, renBTC has traded down 9.7% against the dollar.

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

  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00005205 BTC.
  • BITCOIN ADDITIONAL (BTCA) traded 1.2% lower against the dollar and now trades at $19,200.19 or 1.00014602 BTC.
  • Mammoth (MMT) traded up 0.2% against the dollar and now trades at $1.79 or 0.00009335 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Dai (DAI) traded up 0.2% against the dollar and now trades at $1.00 or 0.00005208 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • yOUcash (YOUC) traded 0% lower against the dollar and now trades at $0.51 or 0.00002656 BTC.

About renBTC

renBTC (CRYPTO:RENBTC) is a coin. It was first traded on May 22nd, 2020. renBTC’s total supply is 4,824 coins. renBTC’s official Twitter account is @renprotocol and its Facebook page is accessible here. The official website for renBTC is renproject.io. 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.

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 Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as renBTC directly using U.S. dollars. Investors seeking to acquire renBTC should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, 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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