- #959
renBTC RENBTC
RENBTC Price
Market Cap
$19.45 MRank #959FDV
$19.45 MRank #1225Investors
Twitter Followers
Twitter Performance
1234Rank by Twitter #615- 0
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Detailed Performance
RENBTC shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
RENBTC to USD Converter
Price History
- All-Time High
- $74,077.251.16x to ATH
- All-Time Low
- $2,499.2425.56x to ATL
- Trade Launch Date
- 8 Jun, 2020
1412 days ago
Exchanges
Exchanges type
About RENBTC
renBTC is a tokenized version of Bitcoin that exists on the Ethereum blockchain. It is created through the Ren protocol, which allows users to lock their Bitcoin in a smart contract and mint an equivalent amount of renBTC on Ethereum. This enables users to access the benefits of the Ethereum ecosystem while still retaining ownership of their Bitcoin. renBTC can be used in various decentralized finance (DeFi) applications and can be exchanged back for Bitcoin at any time.
What makes renBTC unique?
RenBTC is unique compared to other cryptocurrencies because it is a decentralized, trustless, and censorship-resistant representation of Bitcoin on the Ethereum blockchain. Unlike other wrapped versions of Bitcoin, RenBTC uses RenVM, a decentralized virtual machine, to facilitate the wrapping and unwrapping process. RenVM ensures that the custody and management of the underlying Bitcoin are decentralized and secure. Additionally, RenBTC supports ECDSA private key splitting across multiple nodes, which means that no single entity holds the entire key, reducing the risk of theft. This makes RenBTC an attractive option for individuals who want to keep their Bitcoin decentralized and out of custodial platforms without needing to sell or trade their BTC.
Live renBTC Price Data
The current price of renBTC (RENBTC) is approximately $63,881.43, reflecting a decrease of -2.09% in the last 24 hours. The RENBTC trading volume in the last 24 hours stands at $105,827.00. renBTC's market cap is currently $19.45 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of RENBTC is 304.49.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand renBTC's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on RENBTC, check out our crypto insights page.
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RENBTC to USD Converter
Price History
- All-Time High
- $74,077.251.16x to ATH
- All-Time Low
- $2,499.2425.56x to ATL
- Trade Launch Date
- 8 Jun, 2020
1412 days ago