Decentralized finance is leading the way of the cryptocurrency industry, with the REN Protocol at the front. REN Protocol is an innovative interoperability standard for #DeFi projects — all of which revolves around its REN token.
Now, you can buy and sell REN at Flyp.me, an instant crypto exchange that doesn’t require an account to use. With REN Protocol’s strong focus on privacy and liquidity, the pairing between REN and Flyp.me couldn’t be more well-timed.
Acquiring REN using Flyp.me takes only seconds, happening within moments from the convenience of your wallet — just follow a few quick steps and you’re done!
- Go to Flyp.me — select the cryptocurrency you want to exchange, then enter your REN wallet destination address and the amount to be exchanged.
- Enter a refund address for the cryptocurrency wallet you are exchanging from (ie. if trading with ETH, enter an ETH wallet address).
- Send cryptocurrency to the Flyp.me transfer wallet address.
- Voila! Flyp.me will automatically & securely send REN to your destination wallet.
Flyp.me doesn’t ask for your private keys or any other personal information. It’s all about trading crypto without the baggage of other exchanges!
Why should you add REN token to your portfolio? Well, there are too many reasons to list, but we’ll give you two.
REN Protocol is driving Decentralized Finance
REN Protocol started out building what it called dark pools — hidden order books that gave traders on exchanges a layer of privacy. That’s because since the beginning, REN Protocol developers have been about maximizing decentralized finance by increasing privacy measures.
What’s with the focus on privacy?
Current financial and data paradigms have created epic private data pools that store everything from your date of birth to running shoe preferences. In 99.999% of cases, the client with which you’re dealing with doesn’t need to know anything about you — except for whatever you are trying to do.
The REN Protocol sMPC follows the basic right for parties to retain their data while enabling options for mutual exchange, and even use, of decentralized data and financial exchange.
In summary, two parties can cooperate with each other, even using one another’s technological infrastructures, without revealing any of their data to one another.
The possibilities from such cross-compatible partnerships are endless, bringing on a new era of liquidity.
REN Project (REN) Is a Growing DeFi Asset
If you’ve been watching Coinmarketcap over the past few months, then perhaps you’ve noticed the REN token as it flies across the sky on its way to the moon.
The REN token has risen multiple times, giving investors incredible returns since the start of the year. With the focus on decentralized finance gaining popularity, REN is primed to stay in the spotlight.
Speculations aside, the REN token is used to pay fees to darknodes — validators on the REN project network — and to get a good place in line for running computations. As network usage increases, the pressure on REN as a digital asset will increase, making this crypto one to HODL for the future.
Pick up REN without an account or time-consuming verification process directly at Flyp.me, the most trusted decentralized exchange for instant transactions.