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REN Token

News

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The Release of VarenX Sees RenVM Price Surge

RenVM (REN) offers an open protocol providing access to inter-blockchain liquidity for all decentralized apps (dApps).

 Mark Weaden

Trade

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FTX

4.43 based on 1480 votes

Bybit

4.41 based on 4396 votes

SimpleSwap

4.13 based on 306 votes

Spend

Want to leave your cash at home? These cards support REN Token.

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Crypto.com Visa Card

3.47 based on 660 votes

Binance Card

3.29 based on 340 votes

Coinbase Card

3.05 based on 182 votes

Hodl

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ZenGo Wallet

3.7 based on 20 votes

Unstoppable Wallet

3.77 based on 126 votes

Review

Learn more about REN Token.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of REN Token.

The REN Token project is a decentralized dark pool trading platform protocol created by a Singaporean team based just outside of Canberra, Australia. Dark pool means that investors, likely institutional will be able to trade digital assets cross chain in a dark pool ledger. Where classic trading pools has an openly disclosed orderbook, the dark pool concept has its base in keeping the orderbook non-disclosed.

The solution is based on two ethereum-based smart contracts. One called Registrar, and the other Judge. Orders issued on the protocol are splitted in to fractions and then distributed out to the blockchain. The registrar-contract organizes the nodes so that the order can never be put back together again. Furthermore, the judge-contract will verify the integrity of the trade when the nodes match. After these smart contracts have played their part, an atomic swap triggers and the trade executes.

With basis to the wide-spread adoption of digital assets and cryptocurrency, institutional investors now need a utility to make atomic, cross-chain trades. In traditional equity trading, dark pool constitute some 15% of all transactions. REN Token will facilitate these large dark pool transactions with their ethereum-based contracts. Therefore, when high net worth individuals and institutions enter the digital assets market, there will be a surge in demand for dark pools. REN Token has already identified the key markers to meet this new demand. In conclusion, we regard them as a good market fit and a long-term project.

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