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View ChartRENEC is a decentralized blockchain platform designed to enable creators to build experiences for the billion users of the Web3 era. Founded in 2021 and run by the RENEC Foundation, it is an open-source project whose name is an abbreviation of Remitano Network Coin. RENEC serves as the foundational technology for the Remitano Network ecosystem and functions as the native cryptocurrency for network operations, transactions, games, and collectibles built on the chain. Its third-generation blockchain architecture is built to facilitate smart contracts and decentralized application creation while scaling throughput beyond what is typically achieved by popular blockchains and keeping costs low. The RENEC genesis occurred on October 14, 2022, following the announcement of the token launch on June 30, 2021. The project is positioned in the Solana, Ethereum, and BNB Chain ecosystems through cross-chain tokenized assets.
RENEC is run by the RENEC Foundation, which was founded in 2021. The project is an open-source initiative overseen by the foundation rather than a single publicly identified founder. The RENEC team is dedicated to advancing blockchain technology to facilitate mainstream adoption of Web3 while ensuring the network remains decentralized, secure, and high-performing. The development team's allocation accounts for 14.62% of the total supply, approximately 10,705,246 RENEC, which aligns the team's interests with the long-term success of the network. Detailed public information about individual core team members is currently limited.
RENEC operates as a third-generation blockchain designed to facilitate smart contracts and decentralized application creation. Its architecture aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low. The network is built for high performance without relying on any layer-2 or off-chain solution, and it is described as capable of processing thousands of transactions per second, significantly faster than most layer-1 blockchains. Transaction fees are extremely low, with the fee per transaction reported to be as close as $0.000005. RENEC supports cross-chain tokenized assets through a lock-and-mint mechanism, where RENEC tokens are locked on the source chain and a wrapped version is unlocked on the destination chain. The network is designed to scale computational resources horizontally and vertically as infrastructure demands grow, and to upgrade frequently and seamlessly without interrupting users.
RENEC distinguishes itself through a combination of scalability, low cost, and security without reliance on layer-2 or off-chain solutions. Its third-generation architecture is purpose-built for smart contracts and DApps, targeting the limitations often encountered in earlier blockchain generations. The project's vision is to deliver a blockchain that can bring mainstream adoption to Web3 and empower an ecosystem of decentralized applications to solve real-world user problems. Its mission focuses on advancing blockchain reliability, safety, and performance through a flexible and modular architecture that supports frequent upgrades and fast adoption of new technology. RENEC also benefits from its role as the foundational technology for the Remitano Network ecosystem, connecting it to a broader set of users and services. Cross-chain support across Solana, Ethereum, and BSC further extends its reach and utility.
RENEC is the native cryptocurrency of the RENEC Blockchain and is used for network operations, transactions, games, and collectibles built on the chain. It serves as the foundational technology for the Remitano Network ecosystem. The token is also used within the cross-chain tokenized asset system, where RENEC tokens are locked on a source chain and a wrapped version is unlocked on a destination chain across Solana, Ethereum, and BSC. In addition, RENEC supports the creation and execution of smart contracts and decentralized applications, making it integral to the platform's DApp ecosystem. The Remitano platform, which hosts the official whitepaper, allows users to buy, sell, and store BTC, USDT, and ETH instantly at zero fee, with free deposit and withdrawal via NGN Wallet, supporting over 30 payment methods in 40 countries.
The RENEC ecosystem is centered on the Remitano Network and is developing through cross-chain integration, DApp creation, and community governance. RENEC supports cross-chain tokenized assets across Solana, Ethereum, and BSC, which broadens its interoperability and potential user base. The platform's third-generation architecture is designed to facilitate smart contracts and decentralized application creation, positioning it to support a growing range of use cases. The team envisions a decentralized, secure, and scalable network governed and operated by the community that uses it. As of the available data, RENEC has 2.02K holders, and the official website tracks network metrics including transactions per second, total transactions, average cost per transaction, and validator nodes. The project also maintains a newsletter for updates, sneak peeks, and tips.
The RENEC mining program was announced sometime during July 2021 and was estimated to last around a year, when the first blockchain mainnet is possible. The miner community supply accounts for 14.62% of the total supply and is equivalent to 25% of the amount of RENEC mined by the miners, unlocked according to a defined schedule. This structure is intended to reward participants who contribute to securing and operating the network. Beyond the initial mining program, RENEC's network is supported by validator nodes, which are tracked as a network metric on the official website. Detailed public information on current mining or staking mechanisms is currently limited, and prospective participants should consult the official whitepaper and documentation for the most accurate and up-to-date guidance.
Keeping RENEC safe begins with using trusted, official resources. The RENEC blockchain can be inspected through the official explorer at https://explorer.renec.foundation/, which allows users to verify transactions, accounts, and blocks. Because RENEC supports cross-chain tokenized assets across Solana, Ethereum, and BSC, users should be especially careful when bridging or wrapping tokens, ensuring they interact only with official contracts and lock-and-mint mechanisms. For self-custody, storing RENEC in a wallet where the user controls the private keys reduces exposure to third-party risk. Bitget Wallet supports on-chain transactions for RENEC across multiple blockchains, and users can swap RENEC within a crypto wallet before withdrawing to a peer-to-peer market if needed. General best practices apply: never share private keys or seed phrases, verify contract addresses through official channels, and be cautious of unsolicited offers or phishing attempts. For official updates and security-related notices, users should refer to the RENEC website, the Terms of Service page, and the contact email [email protected].
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Thank you for your interest in BTCC. Currently, spot and futures trading services for RENEC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of RENEC (RENEC) is $0.03304. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated RENEC to USD rate at the top of BTCC’s price page. In terms of market scope, RENEC records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $1.186194M. Its current circulating supply stands at 35.9M out of a maximum supply cap of ∞.
The price volatility of RENEC (RENEC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (35.9M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, RENEC (RENEC) hit an all-time high (ATH) of $1.47562 on 2023-04-30 00:25, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.031766 on 2026-09-18 13:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading RENEC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s RENECUSDT perpetual contracts support two-way trading. If you anticipate a price decline for RENEC, simply log into your BTCC account with USDT margin available, navigate to the RENECUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for RENECUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.03304), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for RENECUSDT with zero financial risk.
Trading RENEC (RENEC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for RENECUSDT, and review its live price ($0.03304) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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