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What is Ronin?

Ronin (RON) is an Ethereum Virtual Machine (EVM) compatible blockchain designed for gaming. The Ronin ecosystem is designed for near-instant transactions and low fees, allowing for a high volume of in-game transactions. Featuring a Delegated Proof-of-Stake (DPoS) consensus mechanism and several native dApps, Ronin aims to make building and playing games easier.

  • Using Ronin, developers can build EVM-compatible smart contracts and protocols to create feature rich, high performance projects and games with player-owned economies.
  • To improve security when transferring tokens between the Ethereum and Ronin chains, Ronin offers Ronin Bridge, a multi signature bridge that requires approval from multiple bridge operators before a transaction is executed.
  • RON is the utility token of the Ronin ecosystem, it is used for transaction settlement and community governance. Users can also stake RON to become validators, and are rewarded in newly issued tokens.

With the goal of helping to grow Web3 gaming, Ronin offers its EVM compatible blockchain and highly optimised ecosystem to make it easier for game developers to create and players to access games. While its unique DPoS mechanism empowers users and token holders to take part in the decentralisation and block validation process.

How do I swap Ronin?

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Learn more about Ronin

Why Should I Trade RON with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Ronin no matter what your trading experience is. Unlike other international and Australian Ronin 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 Ronin 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 Ronin 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 Ronin?

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 Ronin for free.

Cold Storage

If you are holding Ronin 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 Ronin. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Ronin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Ronin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Ronin 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 Ronin 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 Ronin & 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 Ronin 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 Ronin portfolio here.
Yes! With CoinSpot you can convert your Ronin 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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