RENEC is the abbreviation of Remitano Network Coin, the native and governance token on the Remitano Network blockchain ecosystem. Applications built on Remitano Network include token swap (DEX), decentralized finance (Defi) applications, NFT and are ready for a future of decentralized internet like Web 3.0 and Metaverse.
RENEC will be used to pay gas fees for transactions on the network. When swapping coins through RENEC tokens on Remitano Network's decentralized exchange, users will only have to pay a fee of 40% cheaper than usual.
** To learn more about RENEC Token, please refer to the article The Complete Guide to RENEC and the video below:
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.
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.