renBTC (RENBTC) exchange rate

Price for today

27,528,197 USD 17,32%

0,94334318 BTC 17,32%

Market Cap
8,382,312 $
Volume 24h
3,646 $
  • Name: renBTC

  • Symbol: RENBTC

  • Circulating supply: 304 $

  • Max supply: 13 698 $

  • Cmc rank: 809

  • Volume 24h: 3 646 $

  • Percent change 1h: -0,03 %

  • Percent change 24h: 17 %

  • Percent Change 7d: 990 %

About renBTC

Ren is the development of the RenVM network that connects Ethereum to other blockchains. Currently, there are three tokens operating in the Ren ecosystem: renBTC, renBCH and renZEC. RenBTC (RENBTC) is an ERC-20 token pegged to Bitcoin. But unlike other bitcoin-backed tokens, renBTC is not a synthetic token and does not rely on any liquidity mechanisms to guarantee a peg to the value of BTC. Instead, it is a direct supply peg, which means there is always enough BTC in reserve to cover circulating supply of renBTC. Any asset generated by RenVM is collateralized. This means that the investor has 1 renBTC at his disposal, then he can exchange it for 1 BTC at any time.

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What is renBTC?

renBTC is quite demanded crypto among traders, ordinary users and investors who obtain it for long-term gain. Accordinglyholders can use RENBTC for daily payments, trading and stake.

What is RENBTC price today?

As of the 23.02.2024, 1 RENBTC can be bought for 27528.19699198. Explore our RENBTC price chart to see how its value has changed recently.

Where can I buy renBTC?

renBTC cryptocurrency can be bought on one of the many credible exchanges such as Godex. When choosing an exchange to get RENBTC, always take into account its name.

Where is RENBTC kept?

There are a few places and methods to keep RENBTC. To keep a large number of coins, hardware-type wallets such as Ledger and Trezor are appropriate. If you intend to use RENBTC for trading or paying everyday outgoings, then a hot wallet (mobile or desktop) would be the right option. When choosing a wallet, take into account its defensive features and serviceability.


What is a RENBTC in simple terms ?

RENBTC is the ticker for renBTC, which is one of the digital currencies, the value of which is not pegged to another asset (for example, to the US dollar or oil). Given that it is digital money, it has no tangible incarnation like banknotes and is kept in particular crypto wallets. 

Is renBTC real money ?

renBTC, like any other usual cryptocurrency is a real means of payment. renBTC can be exchanged for another digital currency, and can also be used to pay for things or services. Like any other currency, it can both depreciate and increase in price.

How to buy RENBTC ?

RENBTC is possible to buy with another altcoin such as BTC or ETH. In addition to, you need to take care of creating a trustworthy wallet where your new RENBTC coins will be kept.

Some exchanges may request you to register and be subjected to a difficult identity checking procedure in order to buy renBTC. But this is not the case with Godex, where you only need to send your cryptocurrency, for which you will buy RENBTC to the address created by the site. 

After the requisite number of transaction confirmations is reached, you will obtain your RENBTC coins.

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