Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Render. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a good number of trusted and regulated crypto exchanges, so it’s quite easy finding an exchange that has Render. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Render in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Render in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Render, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Render.
Or, if you’d like to know more about the exchanges we prefer, read our comparison of the best sites to buy bitcoin in Australia.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.
Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.
Once done, it’s time for the next step.
3. Funding your account with AUD
To buy Render, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.
4. Buy Render
The final step is to go to their asset list, find Render, navigate to the buy section, and then trade your AUD for some RNDR. Once you’ve bought Render, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.
Where to Buy Render (RNDR)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit Binance|
Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.
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How to Sell Render
If you’re thinking about selling Render, just follow the steps below.
- Sign in to the cryptocurrency exchange (like Swyftx).
- Click on Render in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell Render for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Render in Australia legal?
Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.
How to buy Render with PayPal?
Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Render. Have a look on their site first, you might be lucky.
How to buy Render with a credit card or debit card?
Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Render with your credit/debit card.
RenderToken (RNDR), a distributed GPU render network, is built on Ethereum blockchain. It allows artists and studios to connect with miners who are willing to rent their GPU computing power. RNDR was founded in October 2017 by Jules Urbach (OTOY inc. CEO),
From January 2018 to May 2018, a private sale was held. In total, 117,843,239 RNDR (or $0.25 USD equivalent) were sold. RNDR Beta Testnet was open to early adopters during the private sale period. Here, beta node operators, artists and the RNDR team collaborated in building and testing the network until its public launch on April 27, 2020.
RNDR, an ERC-20 utility token used by artists to exchange GPU compute with node operators (node providers), is an ERC-20 utility coin. RNDR is a combination manual and automated proof-of-work systems that verify all art has been rendered before payment disbursal. Because Ethereum blockchain is secure, proprietary assets can be hashed once uploaded. These assets are then sent individually to each node for rendering.
All RNDR payments are held in Escrow during rendering. Operators are only allowed to release them after the manual verification of successful work done by the commissioning artist. All assets rendered via the network are watermarked until payment is successfully disbursed. Un-watermarked renderings are available after that. After payment has been verified manually to be correct rendered, the payment remains in escrow.