Last update: Jun 6, 2022

How to Buy Render Token (RNDR)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Render Token. Depending on your country, you’ll have a few crypto exchanges to choose from.

In this guide, we not only cover the top 3 global cryptocurrency exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Render token

How to Buy Render Token – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Render Token of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto exchanges.

4. Buy Render Token

Now that you have what you need to buy Render Token, head over to the market or buy section of the cryptocurrency exchange and buy some RNDR.

If the crypto exchange doesn’t have any Render Token on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Render Token first), and trade your Ethereum for Render Token.

Where to Buy Render Token (RNDR)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Render Token

  1. Sign into the exchange where you bought Render Token.
  2. Move your Render Token to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Render Token.

 

Crypto trading

How to Buy Render Token (RNDR) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Render Token in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Render Token if it’s available. If the exchange doesn’t have Render Token. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Render Token), and trade your ETH for Render Token.

You can also check out our comparison of the top rated Australian crypto exchanges if you’re curious to know more about which exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Render Token (RNDR) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Render Token in Canada, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Render Token if it’s available. If the exchange doesn’t have Render Token. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Render Token), and trade your ETH for Render Token.

If you’d like to know more about which exchanges we recommend, look at our list of the best cryptocurrency exchanges in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Render Token (RNDR) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Render Token in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Render Token if it’s available. If the exchange doesn’t have Render Token. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Render Token), and trade your ETH for Render Token.

If you’d like to know more about the exchanges we prefer, read our comparison of the UK crypto exchange reviews.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Render Token? RNDR Rundown

RenderToken is a distributed GPU rendering network that uses Ethereum blockchain. It connects artists and studios who need GPU compute power to mining partners who are willing to rent out their GPU capabilities. Founded in 2017 by Jules Urbach, OTOY inc. CEO, RNDR was launched in October 2017. A private sale period ran from January 2018 to May 2018. In total, 117,843,239 RNDR (or $0.25 USD equivalent) were sold. During the private sale period early adopters were able to join the RNDR Beta Testnet. This was where beta node operators, artists, and the RNDR team worked together in building and testing it until the public launch on April 27, 2020.

RNDR is an ERC-20 utility token that artists use to exchange GPU compute power with GPU providers (node operator). RNDR uses a combination of manual and automated proof of work systems, or proof of render in this instance, to verify that all art was successfully rendered before payment disbursal. The inherent security features of Ethereum blockchain allow for proprietary assets to be hashed after upload. They are then sent to nodes individually for rendering. All RNDR payments are held in escrow while rendering and are released to operators only after manual verification of successful work by the commissioning artists. All assets rendered on the network have been watermarked until payment has been successfully disbursed. After that, un-watermarked renderings can be downloaded. Once payment has been manually verified to be correctly rendered, payment remains in escrow.

The RNDR team, which is supported by parent company OTOY has its headquarters in Los Angeles and team members around the globe. The RNDR advisory panel includes industry leaders like Ari Emanuel (Cofounder and CoCEO, WME), JJ Absrams (Chairman, Bad Robot Productions CEO), and Brendan Eich, Founder and CEO of Brave Software and BAT), all of whom have advised RNDR in different capacities to bridge the gap between creating an appeal system for both cryptocurrency communities as well as Hollywood studio production pipelines.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.