Binance lists renBTC – What to expect next?
Binance, arguably the world’s largest crypto-exchange by trading volume, today announced that it has listed renBTC, while also opening trading for RENBTC/BTC and RENBTC/ETH trading pairs at 1:00 PM UTC on 9 November 2020. Further, Binance’s users were allowed to deposit renBTC, in preparation of trading, beforehand. renBTC is a 1:1 representation of Bitcoin on Ethereum, one that can be redeemed for BTC at any time, in any amount.
This listing is expected to have a spectacular effect on the crypto-asset’s price, with renBTC valued at $15,670.05 at the time of writing with a 24-hour trading volume of $5,191,446.
See more for yourself here (https://eng.ambcrypto.com/binance-lists-renbtc/).