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Buy renBTC

Exchange rate renBTC:

95 881.44zł


Market capitalization

464796590 PLN

Volume (24h)

4576916 PLN

Supply in circulation


All-Time High


All-Time Low


Popularity by CMC

The current rate renBTC RENBTC is $95 881.44. In the last 24 hours, the price of renBTC has decreased by -4.22% and the 24-hour volume of this cryptocurrency is $4 576 916.00. The cryptocurrency in the last 24 hours recorded the highest price at the $0.00, while its lowest was $0.00. The highest renBTC price in the last 7 days was $0.00, and the lowest price was $0.00. Exchange rate renBTC in the last 30 days decreased by -27.34%.
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Źródło danych:
1h 24h 7d 14d 30d 1y
-1.86% -4.22% -0.61% -27.64% -27.34% -29.63%
Źródło danych:

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What is renBTC?

A RenBTC token is a form of ERC-20 built on Ethereum linked to Bitcoin. RENBTC can always be converted into one Bitcoin, and therefore tends to maintain its value at a level close to the market rate for Bitcoin. 

This coin was created on the Ren platform, an open protocol that allows anyone to access inter-blockchain liquidity, which allows Ethereum decentralized applications (DApps) to receive assets from other blockchains. The three main cryptocurrencies supported by the software are Bitcoin (BTC), Bitcoin Cash (BCH), and Zcash (ZEC).

The renBTC token is a direct competitor of Wrapped Bitcoin (wBTC). Minting the token is a fairly straightforward process, which sees users simply send their BTC to RenVM, which then secures the asset and mints an equivalent number of renBTC tokens on Ethereum.

Redeeming renBTC is just as easy as minting it. The user only needs to send their renBTC back to RenVM (paying a small gas fee to do so) which releases the native Bitcoin to the user’s address. A renBTC token is destroyed, reducing its supply to match the reduced reserves.

Founders of renBTC

Zhang is another founding member of KeeperDAO as well as co-founder of Virgil Capital - a quantitative multi-strategy cryptocurrency trading firm. A skilled developer, Zhang was a pioneer of the cryptocurrency industry.

The Ren team also includes Loong Wang, the current CTO of Ren. Wang serves as the lead software developer for Neucode and as an academic tutor at the Australian National University.

More than 30 people currently comprise the team, including three more software developers, one blockchain developer, and a researcher.

Features of renBTC

The main difference between renBTC and other wrapped Bitcoin tokens is that renBTC offers a fluid value exchange. RenVM does not store any Bitcoin inside a centralized custodial platform, but uses a decentralized network called Darknodes instead. It is possible for users to create and burn tokens at any time without having to complete KYC first. Despite handling hundreds of transactions per minute, the protocol has never been overloaded.

Various decentralized applications can be easily connected to RenVM by way of the specialized adapters provided by Ren. As a result, users can access Bitcoin (via RENBTC) on a decentralized exchange (DEX) or lending platform without having to go through any additional steps.


RenBTC can always be obtained by minting it on the RenVM protocol using any Bitcoin the user already has. To purchase the renBTC token directly, users can choose from several popular exchanges including Binance, Huobi Global, and various decentralized exchanges, such as 1inch Exchange and Uniswap.

Include on your website a calculator renBTC and chart RENBTCUSD using the widgets below.

Calculator renBTC

Źródło: Tokeneo

To place such a calculator on your website, paste the code below into the appropriate place.


Źródło: Tokeneo

To place such a chart on your website, paste the code below into the appropriate place.

To run a calculator or chart on your site, please:

  • Copy the code of the selected widget and paste it into the right place on your website
  • You can also configure widgets as needed by modifying the parameters:
    • data-crypto="" - enter a list of cryptocurrencies that will be available in the cryptocurrency calculator. Enter the cryptocurrency shortname. You can add many cryptos, e.g. BTC, ETH, TEO. You will find a list of available cryptocurrencies here. To add all cryptocurrencies - leave the tag empty.
    • data-fiat="" - enter the list of FIAT currencies that will be available in the cryptocurrency calculator, you can choose multiple currencies by entering e.g. PLN, USD, EUR, GBP. To add all FIAT currencies - leave the field blank.
  • Parameters are configurable for the cryptocurrency calculator. In the case of the chart, it is not possible to add many parameters (crypto or fiat).
  • To use widgets, you must include a link to your source. The link is included in the above widget codes. The link should not contain the parameter rel = "nofollow".
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