How to Buy
Render Token

Find out how to buy Render Token and other cryptocurrencies on Crypto.com.

Introduction

Render Token (RNDR) is the native utility token of the Render Network, a decentralized platform that enables distributed GPU rendering for digital content creation. It connects creators with GPU owners who offer excess processing power, facilitating faster and more cost-effective rendering for tasks such as 3D graphics, animations, and virtual reality. The token is used as the primary medium of exchange for rendering services, with users paying for rendering tasks and node operators earning tokens for providing GPU power. Some users consider buying Render Token to engage with the platform’s services or participate in its decentralized ecosystem. As demand for high-performance graphics rendering grows, Render Token plays a key role in supporting the network’s decentralized infrastructure.

Step-by-step

1

Create an account

Download the App and start the sign-up process. Users need a valid ID and may be asked for proof of address in order to transact, so be sure to have those ready. Verifying the ID may take longer than a few minutes, depending on where you live.


2

Add a payment method

Tap on the payment method box and connect a payment method. Users can use a bank account, debit card, or initiate a wire.


3

Start a trade

On Crypto.com, select Buy & Sell. In the Crypto.com App, tap the ( + ) Buy on the Home tab.


4

Select Render Token from list of assets

On Crypto.com, click the Buy panel to search and select Render Token. In the Crypto.com mobile App, search for Render Token by typing ‘Render Token’ into the search bar. When Render Token appears in the results, tap it to open up the purchase screen.


5

Enter the amount you want to buy

Use the number pad to input the amount in local currency to spend. The App will automatically convert that into a Render Token amount. Users can tap the arrow buttons to the right of the dollar amount to switch the number to the equivalent amount of Render Token.


How to Store Crypto

Another decision to make when buying Render Token is how it will be stored. Cold wallets (also known as hardware wallets) are physical, offline devices that hold the private keys used to access the cryptocurrency. They are not vulnerable to software attacks but may not be suitable for beginners. Learn more about the pros and cons of hardware wallets and how to choose the right one here.Hot wallets are connected to the internet, making the user’s cryptocurrency more accessible on a daily basis, whether for spending or trading. Security, regulatory compliance, and privacy should be top of mind when deciding on a hot wallet, like the Crypto.com App, the industry leader in security.Crypto.com is the first cryptocurrency company in the world to obtain several independently assessed certifications. The company has also released its Proof of Reserves (PoR), which is a way to ensure that a platform holds enough assets to cover all of its client balances. The PoR was conducted and certified by an independent auditor to ensure the integrity and anonymity of the entire process. Crypto.com’s users can view the PoR report and verify their funds.

How to Sell Render Token

After buying Render Token, Crypto.com App users always have the option to sell it for other cryptocurrencies or fiat currencies. Here’s how to sell Render Token:1. Tap ‘Sell‘ on the Crypto.com App home screen.2. Under Crypto, select Render Token to buy and tap ‘Sell’ again.3. Review the transaction details and tap ‘Continue’.4. Confirm the transaction with a passcode or biometric verification.

Due Diligence and Do Your Own Research

All examples listed in this article are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, cybersecurity, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy, or sell any coins, tokens, or other crypto assets. Returns on the buying and selling of crypto assets may be subject to tax, including capital gains tax, in your jurisdiction. Any descriptions of Crypto.com products or features are merely for illustrative purposes and do not constitute an endorsement, invitation, or solicitation.Past performance is not a guarantee or predictor of future performance. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility.