REN to SNT Exchange

Frequently Asked Questions

• How to Exchange REN to Status?

  To exchange REN to Status on Atomex DEX you just need to:
  - create or restore a wallet in Atomex App
  - fund it with some REN amount you want to exchange
  - go to the DEX section and choose your REN outputs in “Send from”
  - choose a prefered SNT address in “Receive to” window
  - specify the amount to exchange, and press the Exchange button
  - confirm your operation and then just let your app complete the swap.

• What Cryptocurrency exchange should I use?

  It completely depends on your personal needs. Some people still rely on traditional exchanges. If you do so you have to choose the most reliable and user-friendly one. There you have to be confident that you won’t lose your funds or face any obstacles like KYC or limits or withdrawal stucks or etc. On the other hand if you are going to make an exchange on-chain you should be aware of different kinds of DEXs, routes, wrap tokens, slippages and a batch of other things. In most cases. If you want to exchange REN to SNT on-chain, it’s usually pretty hard to get the same simplicity as you get on centralized exchanges. Right here we can recommend you to try the Atomex DEX, which is definitely one of the most convenient and efficient way to do a REN to SNT exchange.

• Do I need to convert REN to Status today?

  REN/SNT price is relatively fluctuate, and can vary significantly from day to day. To choose the right moment for conversion you have to watch for the price periodically. And once it seems to be acceptable, you can easily convert some REN to SNT in your Atomex App.

• How to Convert REN to Status at the Best Rates?

  To get the best rate you should take into account a number of potential expenses: network fees, exchange fees, supposed market impact for your volume, price fluctuations, fees for withdrawal, etc. Converting REN to SNT at Atomex DEX allows you to forget about most of them, leaving only the price and network fees. That’s the reason why Atomex offers you quite competitive rates as a result.

• What is the minimum REN to SNT exchange amount?

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of REN to exchange depends on the mining fees in REN and Status networks

• What are the fees to convert REN to SNT

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of REN to exchange depends on the mining fees in REN and Status networks

• What are REN to Status Exchange Benefits with Atomex?

  With Atomex you exchange your REN right from your wallet and get the SNT right on it in a decentralized manner. You don’t need to go through KYC, deal with any wraps, go through a number of DApps or wait for withdrawals. In other words Atomex gives you the purest on-chain way to convert your REN to SNT.