Ripio Credit Network (CRYPTO:RCN) Price Down 25.9% Over Last Week

Ripio Credit Network (CURRENCY:RCN) traded 13.4% lower against the US dollar during the 24-hour period ending at 21:00 PM Eastern on February 20th. One Ripio Credit Network token can currently be bought for $0.0906 or 0.00001112 BTC on major exchanges including Binance, EtherDelta, Huobi and Bittrex. Ripio Credit Network has a total market cap of $44.29 million and $7.42 million worth of Ripio Credit Network was traded on exchanges in the last day. During the last seven days, Ripio Credit Network has traded down 25.9% against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

  • Electroneum (ETN) traded down 24.2% against the dollar and now trades at $0.0412 or 0.00000507 BTC.
  • Nimiq (NET) traded 20.2% lower against the dollar and now trades at $1.96 or 0.00024136 BTC.
  • Elastic (XEL) traded 17.9% lower against the dollar and now trades at $0.19 or 0.00002301 BTC.
  • Golos (GOLOS) traded down 15.5% against the dollar and now trades at $0.0833 or 0.00001024 BTC.
  • Bismuth (BIS) traded 14.4% lower against the dollar and now trades at $1.12 or 0.00013791 BTC.
  • Bytecent (BYC) traded 17.4% lower against the dollar and now trades at $0.59 or 0.00007302 BTC.
  • Woodcoin (LOG) traded down 12.1% against the dollar and now trades at $0.14 or 0.00001750 BTC.
  • Indicoin (INDI) traded down 17.9% against the dollar and now trades at $0.0114 or 0.00000140 BTC.

Ripio Credit Network Profile

Ripio Credit Network (RCN) uses the hashing algorithm. Its launch date was October 24th, 2017. Ripio Credit Network’s total supply is 999,942,647 tokens and its circulating supply is 488,733,009 tokens. The official website for Ripio Credit Network is ripiocredit.network. Ripio Credit Network’s official Twitter account is @RCN_token and its Facebook page is accessible here. The Reddit community for Ripio Credit Network is /r/RipioCreditNetwork and the currency’s Github account can be viewed here.

According to CryptoCompare, “RCN is a global credit network based on cosigned smart contracts that connects lenders and borrowers located anywhere in the world and on any currency. The smart contracts connect agents with information on the borrower’s identity to agents that analyze the borrower’s credit risk impartially, thus standardizing credit lending through blockchain technology. A cosigner acts as a re insurer that distributes and reduces the lender’s risk and, at the same time, helps to improve the contract conditions by retaining access to the borrower’s local legal system. “

Buying and Selling Ripio Credit Network

Ripio Credit Network can be bought or sold on these cryptocurrency exchanges: EtherDelta, OKEx, Huobi, Bittrex, Binance and Gate.io. It is not currently possible to buy Ripio Credit Network directly using US dollars. Investors seeking to trade Ripio Credit Network must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ripio Credit Network using one of the exchanges listed above.

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