RENBTC (renBTC)

renBTC (ERC-20) is a BTC anchor coin issued on Ethereum based on RenProtocol.

How to buy RENBTC (renBTC) on Huobi?

Follow the easy 4 steps below to buy RENBTC (renBTC) on Huobi.

  1. Register a Huobi Global account
    Provide an email address, create a username, and choose a secure password.
  2. Verify your account
    After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
  3. Deposit in fiat currency or cryptocurrency
    To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
  4. Start buying Bitcoin on Huobi
    Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and RENBTC (renBTC) derivatives trading.

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What is RENBTC (renBTC)?

renBTC (ERC-20) is a BTC anchor coin issued on Ethereum based on RenProtocol.

RenProtocol has launched the RenVM virtual machine on May 27, 2020.

Users can deposit native BTC into the designated RenBridge gateway as collateral.

RenVM issues the corresponding renBTC in the Ethereum network through smart contracts.

The entire issuance process is relatively decentralized.

renBTC has been supported by DeFi projects such as 1inch and Curve.

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