Ronin is a blockchain platform designed to facilitate the development of blockchain-based games, primarily focusing on scaling the gaming ecosystem. It was initially developed by Sky Mavis, the creators of Axie Infinity, one of the most popular blockchain games, to handle the game’s growing transaction volume and improve the player experience. Ronin addresses key issues like scalability, transaction costs, and security developers face when building on more mainstream blockchains like Ethereum.
Built as an Ethereum sidechain, Ronin utilizes a Proof-of-Authority (PoA) consensus mechanism. This mechanism offers high throughput and lower fees, making it more efficient for gaming applications. RON is the native utility token of the Ronin network, used for transaction fees, governance, and staking. The token also incentivizes validator nodes, further securing the network.
Ronin’s rapid adoption in the gaming space, primarily through Axie Infinity, showcases its potential to make blockchain gaming more accessible and sustainable while helping to popularize play-to-earn gaming models.
To learn more, visit our guide to Investing in Ronin.
How to Buy Ronin (RON) in 4 Steps
The whole process can take as little as 10 minutes, and all you’ll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Ronin (RON) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Ronin – Use your funds to Buy RON.
We list the top 3 exchanges that offer the ability to buy Ronin (RON) cryptocurrency with a credit card, debit card, or Bitcoin (BTC). Note that geographical restrictions may apply.
Coinbase (COIN -2.95%), established in 2012, is a leading platform for buying, selling, and managing over 250 cryptocurrencies. As a Nasdaq-listed company, Coinbase offers users transparency and trust. The platform supports advanced trading tools, zero trading fees for Coinbase One members, and rewards programs that allow users to earn up to $400. With $226 billion traded quarterly, Coinbase is a major player in the global crypto market.
Coinbase operates in over 100 countries, including Australia, Canada, France, Germany, Netherlands, Singapore, United Kingdom, and United States (excluding Hawaii). With top-tier security, cold storage, and educational tools, it’s a trusted platform for both beginners and advanced traders. Accessible, secure, and user-friendly, Coinbase is a global leader in crypto management.
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Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Ronin (RON) here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market-moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
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Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
Established in 2013, Gate.io has grown into a reputable trading platform. While it is not the most popular exchange, it provides users with an easy-to-use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Ronin (RON), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australian & UK residents.
USA & Canada residents are prohibited.
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