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THORChain Price in India (RUNE)

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RUNE to INR Converter

As per last price at 00:00:00, 01/01/70

INR

RUNE

TRADE RUNE NOW

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RUNE Performance

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RUNE Market Information

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RUNE Price Today

The live price of THORChain is ₹ 0 per (RUNE / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. RUNE to INR price is updated in real-time. THORChain is +0% in the last 24 hours with a circulating supply of .

About THORChain (RUNE)

What is THORChain (RUNE)?

THORChain is a blockchain platform that allows users to swap cryptocurrencies across various blockchain networks without intermediaries. The platform’s main focus is to create bridges between blockchains and enable non-custodial, frictionless, and decentralized swaps. It is powered by its native token RUNE which facilitates cross-chain trades and governance and incentivizes liquidity providers. 

Who founded THORChain (RUNE)?

THORChain (RUNE) was founded by anonymous developer/developers in 2018.

Primary features of THORChain (RUNE)

• Cross-chain swaps: One of the primary features of the THORChain network is its decentralized, cross-chain swaps with different blockchain networks without using wrapped tokens or intermediaries.

• RUNE token: RUNE token has several utilities within the ecosystem such as paying fees within the network, reward liquidity providers, and staking to secure the network and also earn staking rewards. 

• Liquidity providers: On the THORChain network, users can provide liquidity in native assets like Bitcoin or Ethereum and earn fees for facilitating trades.

• Non-custodial: THORChain is non-custodial, meaning users have full control of their assets throughout the swapping process.

Is RUNE a promising cryptocurrency?

RUNE is the native currency of the THORChain Network, a decentralized protocol that can provide liquidity to different platforms. The token was launched in 2019 and has been around in the crypto market for over 4 years, establishing itself as a prominent cryptocurrency. As of September 2024, RUNE ranks at #52 with a market cap of $1.33B. The token has a trading volume of $140.77M, ranking at #41 in the overall trading volume. It has an all-time high of $21.26, recorded on May 19, 2021. Technical experts predict the token to trade around $20.22 by 2030, making it a promising crypto. 

Download the CoinSwitch app to invest in RUNE.

How do I use RUNE?

• RUNE can be bought and sold from crypto exchanges.

• Token holders can stake their RUNE tokens to secure the THORChain network and earn passive rewards.

• RUNE token holders can participate in the governance of the protocol. 

• RUNE token is used to pay fees within the platform and to reward liquidity providers.

Pros & Cons of THORChain (RUNE)

Pros

• THORChain Network enables decentralized, cross-chain swaps with different blockchain networks.

• THORChain is non-custodial, so users have full control of their assets.

• Users can earn RUNE tokens by providing liquidity to the network.

Cons

• RUNE is subject to market volatility which may impact its price. 

• In 2021, the THORChain Network suffered a hack, raising concerns about its safety.

• The concept of cross-chain swaps might be difficult to understand for novice crypto traders.

How to trade in THORChain (RUNE) on CoinSwitch?

• To trade in THORChain (RUNE), download the CoinSwitch app.

• You can start with as low as ₹100.

• Trade cryptos like RUNE at a nominal fee with CoinSwitch.

THORChain (RUNE) ICO summary

THORChain had an Initial DEX Offering (IDO) instead of an Initial Coin Offering (ICO), where RUNE tokens were distributed through a decentralized exchange. IDO, as the name suggests, is a type of crowdfunding conducted on decentralized exchanges (DEX) where participants can acquire tokens using established cryptocurrencies. THORChain raised $1.5 million in its IDO which was conducted in July 2019.

Bitcoin Resources

1. How do I buy THORChain?

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To buy THORChain, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find THORChain.

Step 3:

Once you find THORChain and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of THORChain?

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The price of 1 THORChain is ₹0.

Note: THORChain prices are subject to change in the future based on market trends.

3. What is the price of THORChain today?

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The current price of 1 THORChain is ₹0.

Note: THORChain prices are subject to change in the future based on market trends.

4. Can I buy THORChain for ₹100?

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Yes! You can buy THORChain for as low as ₹100 on the CoinSwitch app.

5. How much is 1 THORChain in rupees?

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The current value of 1 RUNE is ₹0.

6. What is the current trend in THORChain?

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RUNE has been NaN% in the last 24 hours.

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RUNE to INR Converter

As per last price at 00:00:00, 01/01/70

INR

RUNE

TRADE RUNE NOW

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