About renBTC (RENBTC)
Currency Details
Name renBTC
SymbolRENBTC
Market Capitalization$503.88 million
Coin or TokenCoin
AlgorithmETH Token
Proof Type
Genesis Date5/22/2020
Mineable?No
Official Links
Official Website (Alt)N/A
BitcoinTalk Announcement
ViewCommunity Discussion
Discord GroupN/A
Message Board (Alt)N/A
Research Tools
renBTC (RENBTC) Frequently Asked Questions
What is renBTC?
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. (Description provided by CryptoCompare)
How do I buy renBTC?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including renBTC.
Where can I get renBTC wallet?
renBTC produces its own wallet software that is available for download on its website, which allows you to store renBTC on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of renBTC?
One renBTC (RENBTC) is currently worth $38,097.80 on major cryptocurrency exchanges. You can also exchange one renBTC for 1.00102369 bitcoin(s) on major exchanges. The value (or market capitalization) of all available renBTC in U.S. dollars is $503.88 million.
What hashing algorithm does renBTC use?
renBTC is a coin that uses the ETH Token algorithm.
What coins are similar to renBTC?
The following coins use renBTC's ETH Token algorithm and proof-type: Binance USD, Chainlink, DREP, DREP [old], Polygon, THETA, Dai, Aave, PancakeSwap, FTX Token, Crypto.com Coin, The Graph, Maker, Axie Infinity and KickToken [old].
What is the Reddit page for renBTC?
The official Reddit community (subreddit) for renBTC is r/RenProject.
MarketBeat Community Rating for renBTC (RENBTC)
MarketBeat's community ratings are surveys of what our community members think about renBTC and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
renBTC (RENBTC) Price Chart for Wednesday, August, 4, 2021
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renBTC (RENBTC) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as renBTC. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "renBTC Coin" over the last 90 days.
renBTC (RENBTC) Website Traffic
renBTC (RENBTC) Social Media Trends
renBTC (RENBTC) News Headlines
