eToro sets $REN positions to “close only”

Due to $REN releasing a new version of the protocol, online broker eToro is moving $REN to close only.

“Close Only” means that no new positions can be opened, however it will still be possible to manage existing positions.

Ren is an open and community-driven protocol that enables the movement of value between blockchains.

Ren was founded in 2017 by Taiyang Zhang. In 2018, Ren completed a $34 million initial coin offering. In 2020, Ren launched its virtual machine mainnet, RenVM, with REN tokens functioning as a bond for those running nodes that power RenVM, commonly known as Darknodes.

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