RENEC is the abbreviation of Remitano Network Coin - the native token of Remitano Network, the blockchain of the Remitano cryptocurrency exchange. Currently, users can only own RENEC through mining on the Remitano exchange.
How to mine RENEC:
Step 1: Firstly, to mine RENEC, you have to register for a Remitano account and verify your account with your phone number. Note: you cannot mine RENEC without verifying your phone number.
Step 2: Download the Remitano app on your Android mobile device from Google Play or iOS from the App Store. Login to your account.
Step 3: Visit the RENEC mining page and click the "start mining" button. You can mine RENEC every 24 hours at a base rate of 0.02 RENEC/hr and a boosted rate of 0.04 RENEC/hr.
**Important Note:
You can mine RENEC through the Remitano app on your Android device or a web browser on your phone/tablet, or desktop.
You cannot currently mine RENEC through the Remitano app on Apple iOS mobile devices. However, if you use Apple mobile devices or desktop computers, it can still be exploited through regular web browsers such as Safari/Chrome/Firefox, etc.
Whenever you click mining RENEC on your web browser, an OTP code will be sent to you from the Remitano application through your mobile phone's notification system.
Therefore, before mining RENEC on a web browser, your must-have conditions are:
a. The Remitano app is installed on Android mobile devices from Google Play or iOS from the App Store. Then log in to your account.
b. Allow the application to send notifications (notification) to receive OTP codes on the phone's settings.
How to get more RENEC?
The base RENEC mining rate is 0.02 RENEC/hour. However, you can X2 mining speed to own more RENEC in any 1 of 2 ways:
Option 1: Invite at least five (5) mining friends (the invitee must enter mining at least once).
Option 2: Make at least one (1) transaction with the following Remitano products: P2P Trading, Swing, Swap. See the first trading tutorial on Remitano.
When you refer a friend to mine through the referral link, you will receive 20% of the total amount of RENEC that your friends have mined.
When you refer a friend to mine through the referral link, you will receive 20% of the total amount of RENEC that your friend has mined.
** To learn more about RENEC Token, please refer to the article The Complete Guide to RENEC
Scam warning:
Currently, users can only earn RENEC through mining on the Remitano exchange. Users will not be able to transfer RENEC anywhere until July 1, 2022. So all information about buying, selling, and especially listing RENEC anywhere else is a scam. Everyone should be vigilant and only trust official information from remitano to avoid any possible risks.
About Remitano:
Remitano was established in 2015 with users coming from more than 30 different countries, including Malaysia, Indonesia, Cambodia, African countries (Nigeria, South Africa, Ghana...), India, Pakistan, Venezuela,... This diversity contributes to the trustworthiness of the Remitano and the potential level of the RENEC token.
Currently, the exchange is allowing users to buy and sell with many of the top coins on the market, including Bitcoin (BTC), Ethereum (ETH), Tether USDT (USDT), Bitcoin Cash (BCH), Litecoin (LTC), and Ripple (XRP) besides other outstanding investment products such as Swing, Swap, ... to meet the investment needs of many customer groups.
P/S: The RENEC airdrop program has ended on 30 Sep 2022.