Buy Republic Protocol (REN) in India at ₹0.213

Live REN/INR Price

₹0.213

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3.4%

Price Changes

₹0

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3.4%

24h Low

₹0.17

24h High

₹0.387

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Reasons to Buy Republic Protocol (REN)

• It is an ERC-20 standard token.

• It held an ICO, which gained a massive $34 million.

• It provides a better rate of transactions per second. 

• It has a maximum supply of 1 billion Republic Protocol coins.

Republic Protocol was founded in the year 2017 by its CEO, Mr. Taiyang Zhang. In 2018, REN was first announced to be a dark pool decentralized exchange project. Dark Pool is an exchange where assets are first matched and then traded on a private order book. It is a decentralized blockchain network that facilitates separate OTC(over-the-counter) trades of digital assets on a hidden order book. It is a complex platform that has multiple use cases. It is ultimately designed to surmount barriers to entry and investment for Decentralized Finance (DeFi) projects. 

Republic Protocol has its native utility token REN, used for providing incentives.

Things to consider before buying Republic Protocol

• It is an open-source platform providing transparency to its users. 

• It allows DeFi projects to bring in foreign crypto assets such as BTC.

• It provides a platform to swap tokens of two different crypto blockchains without any intermediate steps.

Highlight

Republic Protocol is ultimately designed to surmount barriers to entry and investment for Decentralized Finance (DeFi) projects.

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Price Statistics

REN Price Today

REN Price

₹0.213

Price Change 24h

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3.4%

Price Change 7d

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3.97%

Market Rank

#1256

Market Cap

₹50 Cr.

Trade Vol 24h

5 Cr

Circulating Supply

99 Cr. REN

Trading Activity

49% Buy51% Sell

FAQ's

1. How Can I Buy Republic Protocol In India?

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CoinSwitch App is the simplest way to buy Republic Protocol in India. Sign up now and start investing with ₹100

2. Can I Buy Republic Protocol Directly?

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Peer to Peer (P2P) trading is one of the best ways to buy REN directly. The other way to buy your desired cryptos is through Decentralized Exchanges (DEX) or could be bought from someone who holds it. However, only pro traders are advised to choose this path. The reason is that DEX is quite complicated to understand. Secondly, it is a risky task to find a seller who could be trusted.

If you are new to crypto, you might want to choose the uncomplicated route and Download the CoinSwitch App!

3. How to Buy Republic Protocol Stock?

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You can buy Republic Protocol in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, then select Republic Protocol.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Republic Protocol for, say ₹100, and click on the ‘Preview Buy button

•Check all the details of your order and proceed by clicking ‘Buy.’ 

 Congratulations, you just bought your first Republic Protocol!

4. What Price To Buy Republic Protocol?

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Since most of the cryptos are still developing, there is no set price to buy them. This could lead to an upthrust in the value of REN too. You would only be left with regret for not buying it earlier. 

You can start investing small amounts for as low as ₹100 in REN periodically and balance the opportunity and uncertainty.

5. What Time To Buy Republic Protocol?

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There is no perfect time to buy cryptos. Most of them have a forward trend. If you are someone who is waiting to invest in the times of dips, friend, you might have lost a lot of returns and profits already.

Start investing in small amounts periodically and try to invest a lump sum in Republic Protocol (REN) in dips and average your portfolio for better returns.

6. What Platform To Buy Republic Protocol?

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A variety of platforms makes REN available for you to buy, but the only difference is the experience that matters. Some platforms would pose many difficulties while making the purchase, while some would make it a one-step task.

The market has dozens of crypto apps that are too difficult to use and can make your buying experience terrible; however, CoinSwitch allows you to buy cryptos easily, removing all of your troubles.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.