Adam Rosen - Lead financial writer
You have probably heard of the many REN influencers on Instagram, but do you know who they are and what they are all about? Some Instragam accounts are highly popular among the REN community. Some of them, have millions of followers who trade REN and other cryptocurrency assets. REN followers sometimes search Instagram for REN news and trends.
Instagram can be a great place to find the latest REN information but it must be understood that any mentions of talk of REN crypto related assets must be taken with caution. Using Instagram accounts as a source of trading tips and analysis but be combined with proper technical and trend analysis using real REN market data. Instagram features a variety of REN information and misinformation. Although REN is mentioned you may be easily led to unregulated REN exchanges and REN scams. Some Instagram users may share high-quality REN data and tips, you will also find interesting REN memes posted by REN traders. Following REN instagram accounts may at least be an indicator of REN market sentiment in the cryptocurrency world.
🤴 Used By: 23,200,000
⚡ Crypto Available: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM and 27 more cryptocurrency.
📈 Traded Volume: 41,693,321
💵 Deposit Methods: Credit cards, VISA, MasterCard, Diners Club, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, Electronic wallets (eWallets), Ethereum, Bitcoin, Bitcoin Cash, Dash, EOS, Ripple XRP, Litecoin, Zcash, Payoneer,
💰 Trading Fees: Fees vary. Overnight and weekend fees apply
💰 Withdrawal Fees: US$5 (minimum withdrawal of US$50)
💰 Deposit Fees: Fees vary (conversion fees for non-USD deposits)
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 13,000,000
⚡ Crypto Available: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM and 27 more cryptocurrency.
📈 Traded Volume: 42,043,394
💵 Deposit Methods: Credit cards, VISA, MasterCard, Diners Club, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, Electronic wallets (eWallets), Ethereum, Bitcoin, Bitcoin Cash, Dash, EOS, Ripple XRP, Litecoin, Zcash, Payoneer,
💰 Trading Fees: Fees vary
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: Fees vary
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 4,000,000
⚡ Crypto Available: BTC, ETH, ETC, XTZ, CLV, EOS, OMG, BNB, LTC, UNI and 820 more cryptocurrency.
📈 Traded Volume: 5,945,756,067
💵 Deposit Methods: Cryptocurrency
💰 Trading Fees: Maker: 0.20%
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 1,000,000
⚡ Crypto Available: BTC and 1 more cryptocurrency.
📈 Traded Volume: 612,000,000
💵 Deposit Methods: Bank transfer (ACH)
💰 Trading Fees: None
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: Fees vary
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 8,000,000
⚡ Crypto Available: BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, TRX, NEO and 434 more cryptocurrency.
📈 Traded Volume: 110,957,137
💵 Deposit Methods: Cryptocurrency
💰 Trading Fees: 0.10%
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 10,000,000
⚡ Crypto Available: BTC, BCH, ETH, XRP, LTC, BTG, DASH, ETC, EOS, QTUM and 320 more cryptocurrency.
📈 Traded Volume: 924,266
💵 Deposit Methods: Cryptocurrency
💰 Trading Fees: Maker: 0.2%
💰 Withdrawal Fees: None
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 73,000,000
⚡ Crypto Available: ATOM, BAT, BTC, BCH, XRP, DAI, DASH, EOS, ETH, ETC and 73 more cryptocurrency.
📈 Traded Volume: 7,622,846,254
💵 Deposit Methods: Bank transfer (ACH)
💰 Trading Fees: Fees vary
💰 Withdrawal Fees: Instant Card Withdrawal: Up to 2% of the transaction plus a minimum of 0.45
💰 Deposit Fees: Credit/debit card: 3.99%
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 450,000
⚡ Crypto Available: BTC, ETH, XRP, EOS, LTC, XLM, USDT, OMG, ZRX, MKR and 42 more cryptocurrency.
📈 Traded Volume: 64,141,140
💵 Deposit Methods: Bank transfer
💰 Trading Fees: Maker: 0.05-0.15%
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: No Fees
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 10,000,000
⚡ Crypto Available: BTC, ETH, USDT, XRP, ATOM, XTZ, XLM, LINK, CRO, BCH and 153 more cryptocurrency.
📈 Traded Volume: 2,630,000,000
💵 Deposit Methods: Credit card
💰 Trading Fees: Maker: 0.04-0.20%
💰 Withdrawal Fees: Cryptocurrency: Fees vary
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 2,300,000
⚡ Crypto Available: BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP, XTZ, EOS and 10 more cryptocurrency.
📈 Traded Volume: 86,072,667,390
💵 Deposit Methods: Bank transfer (ACH)
💰 Trading Fees: 2.9-3.9% (depending on loyalty level)
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: Credit card: 5%
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
Instagram has quickly become one of the social networks that is used the most often all around the world to check REN news and trends. With 7.8 billion individuals using the Instagram social platform on a monthly basis, Instagram can be used as a source of REN information and REN personal views. Instagram is one of the most popular photo-sharing networks in the world. There are around 130 million people on the planet that log in to their Instagram accounts on a monthly basis. This means Instagram can be used to judge REN sentiment.
Instagram REN influencers have instagram handles like Vitalik Buterin - @VitalikButerin. Roger Ver - @rogerkver, Andreas M. Antonopoulos - @aantop, Tim Draper - @TimDraper, Charlie Lee - @SatoshiLite, Anthony Pompliano - @APompliano, Erik Voorhees - @ErikVoorhees and Tone Vays - @ToneVays. Some Instagram users post positve and negative REN news and posts to their thousands of followers. Some Instagram posts offers analysis of the REN markets. Some Instagram posts also include REN memes and inspirational quotes. REN traders who follow Instagram REN crypto accounts can be are a great way to keep up with the latest trends in the REN market. These Instagram accounts are often helpful to stay abreast of new developments in the REN space. But all REN data and analysis must be checked and verified with your own research. Understand that any REN posts may hold a bias.
If you see a potential REN scammer on Instagram, flag their account and report it. Remember that REN scammers are constantly changing, so it is important to watch out when using Instagram for REN news and data. It is best to report or ignore any suspicious account promoting REN scams quickly. You do not want to lose your money to a REN scam.
In the early days of REN the REN crypto market fluctuated wildly, largely triggered by the actions of REN industry leaders, celebrities, and artists. But with the rise of all cryptocurrencies in the last 4 years, there have been many REN developments that are shaping the ever growign REN cryptocurrency market. REN influencers play an increasingly important role in the growth of cryptocurrency adoptation. Influencers use social media to help spread the word about REN and other digital currencies, and following these individuals on social media like Instagram can be useful for REN investors.
REN trader have to understand that Instagram in a marketing platform. Influencers can be paid to promote REN cryptocurrency and REN related assets and REN trading platforms. Any REN trading platform or REN exchange traders are considering funding and trading with must be very well regulated by financial regulators. The influencer agencies partner with influential figures in the REN industry and may have established relationships with REN trading platforms. This is why any REN news has to be taken with scrutiny.
First, you have to understand how REN works. It is easy to get lost with the complexity of REN crypto markets, but you need to know the basics of the REN blockchain. This public list of REN transaction records secured by cryptography. REN cuts out the need for intermediaries, such as banks, to store or transfer REN crypto assets. REN is stored in software and hardware REN wallets, but be careful with less popular REN wallet providers.
There are two types of REN exchanges: centralized and decentralized. Centralized REN exchanges are owned by private REN companies and are often easier to use. They tend to have larger REN trade volumes, more REN liquidity, and more currency trading pairs. REN users may prefer a centralized REN exchange for a number of reasons, including the customer support, REN trading price and REN financial regulation.
This REN Instagram list is by no means exhaustive, but these accounts are a good place to start.
Cointelegraph (@cointelegraph) is a popular REN publication has over five hundred thousand followers. Its employees post videos and photos from conferences and interviews. They are a great source of information, and you can learn the latest news about REN from these professionals. Cryptohumor is a great account to follow for REN memes.
Coingrams is another REN Instagram account worth following. This page shares video interviews with prominent REN investors and business leaders. This account has hundreds of thousands of followers. The founder, Omar, attends high-profile events and interviews influential people in the REN field. He shares interesting information and memes and inspires followers.
CryptoExplorer (@cryptoexplorer) is the largest Instagram account with news dedicated to REN. The account has many active members and almost all of its REN content is self-made. Their goal is to educate people about crypto and REN. Their style and content emphasize education, with stylish infographics and REN statistics. CryptoExplorer also offers a free e-book on crypto and REN related investing. The REN community is growing, and these accounts are helping spread the word about REN and other cryptocurrencies.
CryptoPlayhouse (@cryptoplayhouse) is a must-follow if you are into REN trading. The team is very informative, providing tips and REN analysis to their followers. They also offer a glossary of REN terms. The account boasts almost 250K followers. CryptoPlayhouse also has a live website. The most popular REN instagram accounts to follow are those that are helpful to new REN traders to the industry.
Many REN experts in the crypto field are largely unknown and often controversial. However, according to a recent survey, the most trusted REN experts are Elon Musk famed technology pioneer, Vitalik Buterin creator of Ethereum and Brian Armstrong, CEO of Coinbase.com.
The role of REN influencers in the blockchain space is growing in importance, with the rise of REN. These individuals have a great impact on the way people perceive REN projects and campaigns. As a result, they are becoming integral substitutes for conventional REN marketing channels advertisements. However, these REN influencers are becoming more difficult to find in the real world. REN influencers with the use of social media and able to create personas that might differ from reality. With the rise of social media financial regulators have placed bans on advertisements on some REN influencers and REN exchanges.
The role of influencers is crucial in bringing REN products to the mainstream. REN influencers are often famous people who act as testimonials or endorsers for REN companies, some of which are unregulated. They help attract attention to REN products and companies and spread their message to a wide audience. As a result, they may or may not be considered credible sources for information on REN. Their credibility and integrity on REN and other crypto must be checked.
A blockchain-focused REN influencer can increase REN brand awareness and drive REN community growth. They also help attract loyal REN investors and consumers. Instagram allows REN brands to build a reputation and organically grow their REN related brands. REN traders must understand that any REN information, data and news presented to them may be bias.
It is important to understand how influencers are involved with REN in the process. A REN related video post can engage a REN interested audience quickly and effectively. Besides generating traffic, REN videos can also convey relevant information to a large audience, interested in REN. For REN influencers, videos are often used to promote a REN brand and get more REN exposure for a REN trading platform, REN guide or REN trading signal. REN traders must understand what the goal of any Instagram REN post is. Traders interested in REN must always research is any REN presented to them is authentic.
There are many cryptocurrencies like REN that have huge potential. It is difficult to predict when a new one will go viral or start to outperform the rest. Instagram can help spot and understand REN trends and if cryptocurrencie like REN coins have potential. Keep in mind that every cryptocurrency is different and crypto like REN will experience significant volatility.
A REN roadmap is critical. While many REN investors focus on the short-term performance of REN, a REN roadmap is a vital sign of a sustainable REN value. A poorly defined REN roadmap signals that it is just a Instagram REN cash grab. A detailed REN roadmap indicates a long-term potential and a sound plan for REN growth.
There are many different types of REN trading platforms and REN exchanges, some are safer than others. Here are a few ways to protect your funds from REN scams and theft. Only buy and sell REN with regulated REN exchanges and REN trading platforms. Use 2 factor authentication with REN trading platforms and use strong passwords.
A REN reputable exchange will invest millions in preventing REN hacks and exploits. In addition, you should always use strong passwords on your REN exchange. If you do not, someone else may get access to your REN trading account, which means they can transfer all your REN assets to their own REN crypto wallet. You should also use a separate dedicated REN wallet and not store all your REN assets with one REN trading platform.
When choosing a REN investment, consider the industry utility of the REN. Some digital currencies like REN may not have a real world use. As REN becomes more widely adopted REN may have multiple uses, like in REN payments. Eventually REN may become recognized as a fast and secure method of money transfer in the next ten years. While REN is still in its early stages, REN may see a good amount of growth if REN becomes more popular in the real world. At the moment REN is high risk due to its high price volatility.
Some traders invest in REN long-term. These REN investments may continue to rise in value for several years, and for long term REN investments you will need to maintain a REN position for at least 6 months or a year. Some investors plan to keep their REN investments for decades.
When REN reaches your set price, you will want to cash out and sell your REN. The simplest way to cash out REN is by selling it to a third-party REN exchange. This process is similar to buying REN, though you may have to make a few more clicks than when purchasing REN. Once you have sold your REN to a third-party exchange, you can withdrawal REN funds to a withdrawal method of your choice is the fiat currency or your choice. Once the sale is complete, the REN funds will arrive in your bank account in 3-5 days. Make sure that you provide the correct receiving address and verify your REN trading account, otherwise your REN withdraw may be delayed or lost. REN cash out options include bank transfer, ewallets like Skrill, Neteller, Paypal and Venmo.
If you are a REN beginner, you might be wondering how new crypto traders can invest in REN . The best way to start investing is to research and shortlist a range of REN trading platforms. While REN is a high-risk investment, it is still actively traded. Unlike stocks or commodities, the value of REN may rise or fall dramatically depending on the performance and the price of stablecoins and crypto markets as a whole. And since there are no central REN crypto authorities to regulate the crypto market, the possibility of REN fraud or counterfeiting is very high. A beginner should do their research before investing in REN and understand the risks.
If you are a beginner, start with well-known stablecoins in addtion to coins like REN. The reason this is so important with REN is because most exchanges support trading in stablecoins in higher volume and liquidity. Trading with more liquid crypto assets helps in you are reducing your REN risk while learning about the technology. You can also use REN exchanges and REN trading platforms. Just remember: do not invest money in REN you cannot afford to lose. The key to REN investing is to learn as much as you can about the REN market as possible.
Among the numerous opportunities available for REN investors, Instagram offers a great place to learn about REN trading. It boasts of millions of users, and many REN traders actively use the platform to share their REN expertise with others. Among the many Instagram accounts claiming to be REN traders, you will find many self-proclaimed REN gurus. However, it is worth noting that some of the most popular Instagram accounts are actually professionals with years of experience in cryptocurrencies like REN.
Above everything you read and watch on Instagram regarding REN must be followed by your own research and due diligence. Instgram accounts mentioning REN may have their own agendas and interests and may or may not help your REN investment strategy and long term REN goals.
Instagram has become a booming market for REN cryptocurrency scams that try to capitalize on new and inexperienced REN cryptocurrency traders who have high hopes of becoming wealthy rapidly wtih REN. There is now no end to the number of people who are lamenting their losses to REN scams that are not related to REN regulated established exchanges and trading platforms.
Swindlers may occasionally construct imitation copies of authentic REN cryptocurrency wallets or false REN trading platforms for REN cryptocurrencies in order to defraud victims who aren't paying attention. These phony REN websites typically have domain names that are almost identical to the ones they are attempting to imitate, but with a few minor variations. They appear to be quite similar to genuine REN websites, making it exceedingly difficult to differentiate between the two.
Scammers in the REN cryptocurrency space may often act as celebrities, businesses, or influential figures, or pretend to have REN endorsements from them. They target inexperienced REN investors and sell them REN phantom coins that do not actually exist. These REN cons may be rather elaborate, since they may involve REN websites and pamphlets that give the impression of showing REN celebrity endorsements from well-known figures that may not exist.
Because REN is highly volatile, REN asset values can both go up and down, it is impossible for any type of financial investment, including REN cryptocurrencies, to guarantee future returns.
A REN coin or token being hyped up on Instagram and other social media by REN fraudsters can cause a crash in REN value. This is because traders rush to buy the REN coins, driving up the REN price. The REN scammers then sell their REN holdings, causing the asset's value to plummet.
Be wary of REN cryptocurrencies for which you can't discover the identity of the REN entity operating them. Finding out who the key people are behind the majority of REN investing firms should be rather straightforward. Typically, this entails making the biographies of the individuals who operate the REN investment simple to locate and maintaining an active REN presence on various social media platforms.
Phishing attacks using REN cryptocurrency frequently target information related to online REN wallets. They send an email to recipients with the intention of leading them to a website that was developed specifically for the purpose of requesting REN private key information. After the cybercriminals have obtained this REN information, the next step for them is to steal the REN cryptocurrencies stored in the REN wallets and make off with the proceeds.
Never put up money that you can't afford to lose in the REN volatile cryptocurrency markets. Companies that guarantee REN returns or claim they can make you wealthy overnight with REN are probably trying to con you out of your money when trading REN. Because of the high degree of REN volatility and speculative nature of REN cryptocurrency, it is critical to have a solid understanding of the dangers associated with REN investing on live crypto markets. If something looks too good to be true with REN, there is a strong chance that it is.
Scammers that target REN cryptocurrency users frequently utilize social media like Instagram to spread the word about their fraudulent REN schemes. In order to give the impression that they are legitimate REN investors, they could utilize unlawful pictures of famous persons or high-profile entrepreneurs and may have not real intention of any REN crypto assets exchanging hands. Always approach opportunities related to REN cryptocurrencies that are pushed on social media like Instagram with a healthy dose of skepticism, and make sure to complete your REN research.
The most widely used cryptocurrencies like REN do not constitute fraudulent schemes. However, if there is a particular aspect of REN cryptocurrency that you are unfamiliar with, you should do some research on it and check to see if there is a REN whitepaper that you can read about it. When looking into potential REN frauds, it is a good idea to search for an up-to-date and reputable list of reported REN cryptocurrency scammers on financial regulator websites.
If REN isn’t quite what you are looking for you can check out some of the best REN alternatives below.
If you would like to see REN compared agains some of the best REN crypto exchange alternatives available right now you can do so by clicking on the links below.