BTC to RNDR conversion chart
Bitcoin to Render Token correlation
Technical analysis indicates that there is a strong relationship between Bitcoin and Render Token. BTC and RNDR are positively correlated assets and they tend to move together. If BTC price shoots up then there are chances that Render Token also follows this pattern.
BTC Price Change and Market Cap
Currently, the BTC price is 7936.51 RNDR. According to the Bitcoin price chart, the 24-hour change is 0.95%. The total market capitalization of Bitcoin is $132460 with 134004.7 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 8191.67 RNDR and lows of 7818.06 RNDR.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to RNDR exchange margin
Considering today’s exchange rate, a transaction of 1 BTC to RNDR would result in an output of 7936.51 RNDR.
How to convert Bitcoin to Render Token
Bitcoin and Render Token comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators). RNDR utilizes a combination manual and automatic proof of work system, or in this case proof of render, in order to verify all art has been successfully rendered prior to payment disbursal and art release. Utilizing the inherent security properties of the Ethereum blockchain, proprietary assets are hashed upon upload and sent to nodes piecemeal for rendering. All RNDR payments are stored in escrow during rendering, and are released to node operators upon manual verification by the commissioning artist of successful work. To prevent malicious actors in both user bases, all assets rendered on the network are watermarked until payment is successfully disbursed, upon which time un-watermarked renderings may be downloaded, and all payment is held in escrow until manually verified as being correctly rendered.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to Render Token price details
BTC to RNDR Conversion Rate and Price
At the moment, the conversion rate for 1 BTC equals to 7936.51 RNDR. The 24-hour highest price of Bitcoin in relation to Render Token was 8191.67 RNDR and the lowest was 7818.06 RNDR. In short, BTC price in relation to RNDR changed by 0.95%.
Instantly Exchange BTC to RNDR
On ChangeHero you can instantly exchange Bitcoin to Render Token without registrations. You can easily convert BTC to RNDR in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to RNDR exchange.
BTC to RNDR Best Rate Exchange
In the the Best Rate exchange of Bitcoin to Render Token, we search through various exchanges for the BTC to RNDR pair and find the best rate available in the market. We provide you with an estimation of the amount of RNDR you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of RNDR you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BTC to RNDR.
BTC to RNDR Fixed Rate Conversion
In the the Fixed Rate exchange of Bitcoin to Render Token, ChangeHero finds a good rate for the pair BTC to RNDR and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC to RNDR, you will receive the exact amount of RNDR which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified RNDR address. ChangeHero is the best place to exchange BTC to RNDR fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BTC to RNDR?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BTC to RNDR?
No, you do not require an account to swap BTC to RNDR on ChangeHero. There will be no registrations for your Bitcoin to Render Token transaction.
Do I need to go through KYC procedures for BTC to RNDR exchange?
There will be no KYC for the BTC to RNDR exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange RNDR to BTC?
Yes, you can instantly exchange RNDR to BTC on ChangeHero.
