How to buy Render Token (RNDR) in Australia

A beginner's guide to buying and selling RNDR in Australia.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

How to buy Render Token

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Render Token.

  1. Open an account on an exchange that supports RNDR.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Render Token.
  3. Buy Render Token.
    Complete your Render Token purchase and then find the best wallet to store RNDR.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Render Token?

Those of you that have worked with 3D modelling before – whether it is for gaming, film, or special effects – will know how frustratingly long it can take computers to process and finalise projects. Most work is completed by the graphics processing unit (GPU), and even new-wave GPUs can be extremely slow in completing rendering tasks. Render Network aims to address this issue by creating a blockchain-based cloud system where users with idle GPUs are able to share processing power with others on the network. As outlined in the whitepaper, the decentralised protocol determines the required power and rewards for a specific task before executing a smart contract among connected users. Those offering their GPU will be rewarded with tokens in exchange for rendering power. RNDR is the native coin of Render Network and operates on the Ethereum blockchain using the ERC-20 token standard. The main purpose of the token is to provide rewards for GPU rendering tasks. Those that wish to borrow GPU will have to pay a portion of RNDR to the provider (also known as a "miner").

Render Token (RNDR) is the 320th largest cryptocurrency in the world by market cap, valued at $153,849,276. The current price of Render Token is $0.991166, which is 0.961% higher than yesterday. Prices have ranged between $1.02 and $0.962432 over the past 24 hours. All prices are listed in US dollars and accurate as of September 24, 2021 11:09 UTC.

Where to buy Render Token

Find an exchange to buy, sell and trade RNDR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

255
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

153
cryptocurrencies

Buy 100+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

645
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
loading

Compare up to 4 providers

Render Token at a glance

Information last updated September 24, 2021 11:09 UTC.
Coin symbolRNDR
Coin MarketcapUS$153,849,276
Total RNDR supply523,154,452
Circulating RNDR154,278,922
Current priceUS$0.991166
All time highUS$2.62

Render Token price performance over time

Historical prices compared with the price of US$0.991166.

1 hour -2.08%
24 hours 0.96%
7 days -15.13%
14 days -20.96%
30 days -15.48%
60 days 22.07%
200 days 202.32%
1 year 785.95%

How to sell Render Token

You can cash out your RNDR with the same exchange you bought it through:

  1. Sign in to the exchange you have RNDR on.
    If you store your Render Token in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of RNDR you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Render Token.

What to consider when buying Render Token

When you are deciding whether or not to invest in RNDR, it’s worth considering a few things:
  • Competition. Render Network is an innovative blockchain solution to a prevalent problem among graphic designers. However, many centralised companies have also identified this issue and are aiming to solve it. Tech giants like Nvidia and Google are developing their own cloud-based GPU solutions, and these products will likely command a large portion of the market share. That said, as of July 2021, they are primarily used for machine learning, so RNDR does have a unique selling point for now.
  • Decentralisation. Render has implemented a number of AI and code-based solutions to griefing issues that may arise due to the platform’s decentralised nature. How well these incentives dissuade exploits – for example, people incorrectly rendering graphics to finish jobs faster – will factor heavily into Render Network’s success.
  • Tokenomics. The majority of RNDR tokens were allocated on launch to an escrow account, where a third party intermediary holds 65% of the initial supply. This stash is intended for supply/demand and will trickle back into the network as there is more uptake. 10% are also held as a "reserve", while the rest were sold to the crypto community.

Disclaimer: Cryptocurrencies, including Render Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RNDR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Render Token or any other cryptocurrency discussed.

More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site