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Frequently Asked Questions
Bitvavo makes Render Token as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
What is Render Token?
Render Token aims to make the process of rendering and streaming virtual works easier for all users. It is designed to allow complex GPU-based render jobs to be distributed and processed on a peer-to-peer network, making the transactional process of rendering and streaming 3D environments, models, and objects much simpler for end users. Render Network plans to eventually evolve to include crowd sourced 3D projects to digital rights management, creating a vibrant new marketplace to fund digital ideas, assets and applications that anyone can access and leverage.
How to buy Render Token?
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
1. Sign Up
Create a free account with which you can buy, sell, send, receive and store Render Token. Access your Bitvavo account from every location, on mobile and desktop.
2. Transfer Funds
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
3. Buy and Trade
Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.
How to store Render Token?
Storing Render Token and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Render Token without any technical knowledge. Here is a brief overview of the existing wallet options to store your Render Token:
Hosted wallets are wallets where the private keys to your Render Token are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Render Token online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
A software wallet is a program installed on your computer or other device in order to use and manage your Render Token. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Render Token, and if malicious parties have access to your device, your private keys (and therefore your Render Token) can be stolen.
A hardware wallet is a physical device on which you can store your Render Token offline. It is one of the safest ways to store your Render Token, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Render Token is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Render Token. Once you have purchased Render Token on Bitvavo, you can choose to send your Render Token from your Bitvavo wallet to your own software or hardware wallet.
Direct Euro Transfers
Buying digital assets with Euros has never been easier. Bitvavo supports 8 payment methods, including SEPA for instant transfers.