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Remitano launches RENEC as its own native token

admin by admin
September 10, 2021
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Remitano launches RENEC as its own native token
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International peer-to-peer crypto change Remitano is at the moment growing its native token, RENEC, to enhance the standard of providers delivered to prospects, scale back transaction charges and guarantee safe and swift transactions. Whereas Remitano Community continues to be within the growth section, it has offered a tremendous alternative for outdated and new Remitano customers to earn free RENEC. 

What’s RENEC? 

RENEC is an abbreviation of Remitano Community Coin and is the token of Remitano Community, a blockchain designed to facilitate fast transactions at a diminished charge as a quick, decentralized change with environment friendly escrow in place. The launch of the RENEC token was announced on June 30, 2021.

What makes RENEC completely different?

Remitano Community just isn’t a single blockchain, however relatively a set of blockchains. The preliminary community will likely be a easy worth switch one, just like Bitcoin (BTC) and Litecoin (LTC), however with a extra environment friendly consensus protocol and quicker block time. At this stage, RENEC will likely be known as Remitano Digital Money.

RENEC will even be the bottom foreign money for the token decentralized change and the decentralized fiat-token escrow that will likely be constructed on Remitano Community. With RENEC, crypto swap and P2P buying and selling charges will turn into cheaper. 

Remitano commits to delivering the primary three merchandise for Remitano Community as follows:

1. Low charge decentralized P2P digital money with multisignature functionality.

2. Low charge decentralized tokens change.

3. Low charge decentralized escrow service.

After that, Remitano will work carefully with the group with a view to construct different blockchain merchandise.

As Remitano Community is designed to be scalable, new merchandise will likely be constructed on it, consequently growing the worth of RENEC. 

Try the official RENEC white paper to study extra about this token. 

Tips on how to personal RENEC?

As a result of Remitano holds its traders and merchants in excessive esteem whereas additionally lowering danger, Remitano is not going to maintain any preliminary coin providing for RENEC. It’s completely different from different ICOs the place traders must pay Ether (ETH) or Bitcoin to safe a certain quantity of the coin. As a substitute, RENEC will likely be given out freely to each new and outdated Remitano customers by way of mining. 

For now, Remitano solely permits mining by way of the Remitano cellular software. As such, it is advisable set up the Remitano app to start mining RENEC with the faucet of a button. 

4 simple steps to mine RENEC:

  1. Obtain the Remitano app on Google Play Retailer or the App Retailer. 

  2. Register or log in to the app.

  3. From the displayed menu listing, click on on “Mining RENEC.” This could take you to the mining web page.

  4. Click on on the “Mine RENEC” button to begin mining.

Finally, it’ll present the progress of your mining RENEC as on this picture:

Customers will need to have registered an account with Remitano and verified their telephone quantity to be eligible to mine RENEC. Mining RENEC just isn’t automated so as soon as you have already got the app, you would need to log in to your account daily to mine RENEC. 

A person can mine as much as 0.02 RENEC per hour relying on the extent of verification. Full as much as stage two of verification to extend your mining energy. It’s also possible to increase your RENEC rewards by way of Remitano referrals. When your referrals mine efficiently, you earn 20% of their mined RENEC. 

Go to the definitive information of RENEC tokens here.

Remitano will proceed to construct merchandise on the RENEC community, which might give RENEC lots of utility and utilization. Additionally, the truth that Remitano is a well-liked escrowed P2P cryptocurrency change in a number of nations the world over, the worth of RENEC is prone to enhance with time. Because of this it is best to try to get the token now that it’s free.

About Remitano

Remitano is likely one of the largest P2P cryptocurrency buying and selling platforms on the planet, at the moment serving customers in additional than 30 nations. The platform offers an escrowed P2P crypto market that permits customers to buy Bitcoin and cryptocurrency simply and safely. Remitano is a market chief within the P2P platform house, that includes an intuitive, user-friendly interface and 24/7 buyer help, boasting among the lowest charges within the business.

For any questions, please attain out to Remitano through:

E-mail: marketing@remitano.com

Socials: Facebook, Twitter, Instagram

This can be a paid press launch Cointelegraph doesn’t endorse and isn’t answerable for or answerable for any content material, accuracy, high quality, promoting, merchandise or different supplies on this web page. Readers ought to do their very own analysis earlier than taking any actions associated to the corporate. Cointelegraph just isn’t accountable, immediately or not directly, for any injury or loss brought on or alleged to be brought on by or in reference to using or reliance on any content material, items or providers talked about within the press launch.





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