The Live Ren price today is $ 0.70 with a 24-hour trading volume of $ 471 million. The coin has gained 39.31% over the past 24 hours. If you are drawn to unique features and want to know how and where to buy Ren, then this guide is for you.
The Best Places to Buy Ren Now
As REN is a new asset, it has not yet been listed on the major stock exchanges. You can still buy REN using a DEX (Decentralized Exchange), which just means there are a few more steps. To buy REN now, follow these steps:
1. Buy ETH on a regulated stock exchange or broker, like eToro ›
We suggest eToro because it is one of the world’s leading multi-asset trading platforms, an all-in-one exchange and wallet with some of the lowest fees in the industry. It is also suitable for beginners and offers users more payment methods than any other service available.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You will need to create your wallet, enter your address and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head over to Uniswap and ‘connect’ your wallet to it.
4. You can now exchange your ETH for REN
Now that you’re logged in, you’ll be able to exchange for hundreds of coins, including REN.
What is Ren?
Ren (REN) is an open protocol designed to provide interoperability and liquidity between different blockchain platforms. Formerly known as the Republic Protocol, Ren launched RenVM, its backbone of virtual machines, in May 2020, after making an initial coin offering (ICO) of $ 34 million in 2018.
The protocol’s native token, REN, functions as a binding for the running nodes that power RenVM, known as Darknodes. Ren aims to extend the interoperability, and therefore accessibility, of decentralized finance (DeFi) by removing liquidity barriers between blockchains.
Ren was founded by Taiyang Zhang, its CEO, in 2017. Originally called the Republic Protocol, Ren was first announced in January 2018, with Zhang explaining his initial use case as a “decentralized dark pool”.
Should I buy Ren today?
Considering how difficult it is to come up with an accurate cryptocurrency prediction, you should never make a decision affecting your finances until after thorough market analysis. Don’t invest more than you can afford to lose.
Ren price prediction
According to Capital, the price of REN will reach around $ 0.93 by the end of 2021. At that time next year, the REN coin will trade over $ 2 and over $ 4 a year from there.
Ren on social media
The best part of the multichain is on its way … keep an eye out $ VRN #Varen … pic.twitter.com/SGfwsFBAPA
– Maxijer2909 (@ Maxijer2909) 20 December 2021
