How to Buy Render Coin?

By COINTURK NEWS
12 days ago
ETH RENDER CIN

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Render Coin (RNDR) is the native cryptocurrency of the distributed GPU rendering platform that offers GPU power to artists.

What is Render (RNDR)?

Render (RNDR) is a distributed GPU rendering network built on the Ethereum blockchain, aiming to connect artists and studios who need GPU power with mining partners who want to rent out their GPU capabilities. Launched in 2017, RNDR held its first public token sale in October of the same year.

RNDR is an ERC-20 token used by artists on the network to exchange computing power from GPU providers. It uses a proof-of-work or proof-of-render system to verify that all operations are successfully completed before any payments or technical drawings are launched. Proprietary assets benefit from the Ethereum blockchain’s inherent security features, being hashed during upload and distributed piece by piece to nodes for processing.

All RNDR payments are held in escrow during rendering and are released to the node operators only after the artist manually verifies successful completion of the work. To prevent malicious actors on both sides, all assets rendered on the network are watermarked until payment is successfully made.

Where to Buy RNDR Coin?

RNDR Coin can be safely bought and sold on Binance, the largest cryptocurrency exchange by trading volume. Render Coin is available for trading on the Binance platform in RNDR/BTC, RNDR/USDT, and RNDR/BUSD pairs.

To purchase RNDR, you first need to sign up for an account on the Binance exchange. Once registered, you must transfer cryptocurrency or fiat currency to your Binance account wallet. After completing the transfer, you can purchase Render Coin from any of the three pairs mentioned above. For buying from the RNDR/USDT pair, navigate to the pair’s interface. Enter the desired amount in the field under the limit tab. After specifying the amount, execute the purchase by placing a Buy RNDR order.

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