Raiden Network Token (RDN) Price Tops $0.0513 on Exchanges

Raiden Network Token (RDN) traded 2.3% lower against the dollar during the 1-day period ending at 7:00 AM ET on September 3rd. One Raiden Network Token coin can currently be bought for approximately $0.0513 or 0.00000258 BTC on popular exchanges. Raiden Network Token has a total market cap of $3.42 million and $33,100.00 worth of Raiden Network Token was traded on exchanges in the last 24 hours. In the last seven days, Raiden Network Token has traded 14.2% lower against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • OMG Network (OMG) traded 0.4% lower against the dollar and now trades at $1.80 or 0.00009060 BTC.
  • Thunder Token (TT) traded 4.4% lower against the dollar and now trades at $0.0079 or 0.00000018 BTC.
  • ThunderCore (TT) traded 2.5% lower against the dollar and now trades at $0.0055 or 0.00000027 BTC.
  • Harvest Finance (FARM) traded down 0.2% against the dollar and now trades at $41.88 or 0.00211158 BTC.
  • Mithril (MITH) traded 2.4% lower against the dollar and now trades at $0.0239 or 0.00000120 BTC.
  • BOX Token (BOX) traded flat against the dollar and now trades at $0.0349 or 0.00000121 BTC.
  • ROOBEE (ROOBEE) traded down 0.8% against the dollar and now trades at $0.0008 or 0.00000004 BTC.
  • BOX (BOX) traded 4.8% lower against the dollar and now trades at $0.0262 or 0.00000132 BTC.
  • Trillium (TT) traded 16.7% higher against the dollar and now trades at $0.0001 or 0.00000001 BTC.
  • ContentBox (BOX) traded up 0.1% against the dollar and now trades at $0.0002 or 0.00000001 BTC.

About Raiden Network Token

Raiden Network Token is a proof-of-stake (PoS) coin that uses the ETH Token hashing algorithm. Its launch date was March 8th, 2015. Raiden Network Token’s total supply is 100,000,000 coins and its circulating supply is 66,793,931 coins. The official message board for Raiden Network Token is www.medium.com/@raiden_network. Raiden Network Token’s official Twitter account is @raiden_network. The Reddit community for Raiden Network Token is /r/raidennetwork and the currency’s Github account can be viewed here. Raiden Network Token’s official website is raiden.network.

According to CryptoCompare, “The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations. The Raiden Network is an infrastructure layer on top of the Ethereum blockchain. While the basic idea is simple, the underlying protocol is quite complex and the implementation non-trivial. Nonetheless the technicalities can be abstracted away, such that developers can interface with a rather simple API to build scalable decentralized applications based on the Raiden Network. “

Raiden Network Token Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Raiden Network Token directly using U.S. dollars. Investors seeking to trade Raiden Network Token should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Raiden Network Token using one of the exchanges listed above.

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