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What is Render Token?

Render Token (RNDR) aims to be a distributed GPU Rendering Network built on top of the Ethereum blockchain. The team hopes to connect artists and studios who require excess GPU power with mining partners willing to rent it out. RNDR is the utility token of the Render network.

  • RNDR can be used by artists and creators to rent GPU computing power from GPU providers and node operators. RNDR utilises a combination of manual and automatic Proof of Work systems, and in this case Proof of Render in order to verify all art has been successfully rendered prior to payment.
  • The Render network attempts to connect individuals with idle GPU’s with content creators and studios who need further computing power. Once individuals have registered their idle GPUs on the Render Network, these GPU owners become “Node Operators” and are able to earn RNDR Tokens.
  • To prevent any malicious actions in both user bases, artist and GPU owners, all assets rendered on the network are watermarked until payment is successfully disbursed, upon which time un-watermarked renderings may be downloaded.

Render Token is decentralising the rendering process for artists and studios, giving more people access to high amounts of GPU processing power. The team also allows those with the spare GPU processing power to generate RNDR for contributing to the network.

How do I swap Render Token?

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Learn more about Render Token

Why Should I Trade RNDR with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Render Token no matter what your trading experience is. Unlike other international and Australian Render Token exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Render Token with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Render Token how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Render Token?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Render Token for free.

Cold Storage

If you are holding Render Token as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Render Token. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Render Token. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Render Token has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Render Token is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Render Token exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Render Token & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Render Token safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Render Token portfolio here.
Yes! With CoinSpot you can convert your Render Token to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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