What is Ren (REN)?
Ren is a decentralized protocol that enables you to move your digital assets and perform various activities across multiple blockchain platforms. It is powered by the Ren Virtual Machine (RenVM), a network that connects blockchains and allows interoperability between them.
The project was created by Taiyang Zhang and Loong Wang, two software engineers from Singapore in 2017. Till now, the Ren team is still based in Singapore.
How Ren (REN) Works
RenVM, the core of Ren, is run by nodes known as Darknodes. Each independent computer has to deposit 100,000 REN tokens to run a Darknode. This money is used to compensate any asset lost in the process of moving from one blockchain to another caused by a certain Darknode. Darknodes are randomly designated into groups called shards once a day, making the protocol less vulnerable to Sybil and colluding attacks.
With this setup, RenVM allows three kinds of cross-chain transactions:
• Lock and mint: sending an asset from its original chain to a host chain
• Burn and mint: sending an asset from a host chain to a different host chain
• Burn and release: sending an asset from a host chain to the original chain
How Many Ren (REN) Tokens Are in Circulation?
REN is the native token of the Ren network that follows the ERC-20 standards. It has one billion tokens in total supply, and almost 100% of them have been distributed.
How to Buy Ren (REN)
Consider investing in Ren (REN)? It only takes 2 minutes to create an account on Bitget and start trading REN.
Check out the available REN trading pairs on Bitget!
Futures market
Spot market
Ren (REN) Resources
Simple 3-step guide to buying REN today in Moldova
Create your free Bitget account
Select a funding method
Complete your Ren purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Ren using a payment method of your choice:
Buy Ren with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Ren order.How to buy crypto with credit/debit cardBuy Ren with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Ren is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Ren order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Ren order.Buy Ren with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Ren order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Ren in your Bitget spot wallet

Bitget—where the world trades Ren
How to buy Ren for free
- Learn how to earn Ren for free through the Learn2Earn promotion
- Earn free Ren by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Ren airdrops by joining On-going challenges and promotions
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Moldova, officially the Republic of Moldova, is a country in Eastern Europe. It is bordered by Ukraine to the north, east, and south and Romania to the west. Moldova covers an area of 33,851 square kilometres, with a population of around 2.6 million. Even though a landlocked country, Moldova is only three kilometres from the Black Sea at its closest point, separated only by Dniester Liman. The Danube flows very closely near Moldova’s southern border, but Moldova only has access to it for about 480 metres.
Situated at the crossroads of several distinct, influential cultures such as Latin, Slavic, and Byzantine, Moldova has drawn from them to enrich its own culture. Its cultural heritage was marked by a considerable number of churches and monasteries from the 15th century, as well as its deep influence on modern Romanian culture. Moldova and Romania share their national poet and writer, Mihai Eminescu and Ion Creangă, both considered the most influential Romanian language artists.
With Moldova’s national currency – the Moldovan leu (MDL) – you can purchase cryptos in just a few minutes, whether you’re in Chișinău, Tiraspol, or Bălți, or anywhere else in the country. Bitget employs numerous secure methods, including crypto deposits, P2P trading, and other third-party merchants, such as Apple Pay, Google Pay, and various credit cards, to offer you a wide range of payment options and solutions to meet any of your cryptocurrency needs.