Ronin (RON) is an emerging cryptocurrency that has gained traction in the blockchain gaming ecosystem. If you're new to crypto and wondering how to purchase RON, this comprehensive guide will walk you through the process—from understanding what Ronin is to storing your tokens securely.
Where to Buy Ronin (RON)?
Currently, Ronin (RON) cannot be purchased directly with fiat currencies (like USD or EUR) through traditional payment methods such as PayPal or credit cards. Here’s how to acquire RON:
- Purchase a Base Cryptocurrency: Buy USDT, BTC, ETH, or BNB using fiat on a centralized exchange (CEX) like Binance or Coinbase.
- Transfer to a Supporting Platform: Send your purchased crypto to a CEX or decentralized exchange (DEX) that lists RON trading pairs (e.g., RON/USDT).
- Trade for RON: Exchange your base cryptocurrency for RON on the platform’s spot market.
Recommended Centralized Exchanges (CEX) for RON:
- Binance: Offers RON/USDT and RON/BNB pairs.
- KuCoin: Supports RON spot trading with competitive fees.
- Gate.io: Lists RON with high liquidity.
👉 Compare fees and liquidity across top exchanges
How to Buy Ronin (RON) from a CEX?
Follow these universal steps (specific interfaces may vary):
- Register an Account: Sign up on your chosen CEX (e.g., Binance).
- Complete KYC: Verify your identity using a government-issued ID.
- Deposit Fiat/Crypto: Fund your account via bank transfer, credit card, or crypto deposit.
- Trade for RON: Navigate to the spot market and place an order (limit or market).
- Withdraw to a Wallet: For long-term holding, transfer RON to a secure wallet (recommended).
Post-Purchase Options for Ronin (RON)
1. HODL (Hold for Long-Term)
Store RON in a non-custodial wallet like Trust Wallet (hot wallet) or Ledger (cold wallet) to benefit from potential price appreciation.
2. Trade Actively
Swap RON for other cryptocurrencies on CEXs or DEXs like Uniswap (Ethereum network) or PancakeSwap (BNB Chain).
3. Stake for Passive Income
Earn rewards by staking RON on supported platforms (check Ronin’s official staking pools).
4. Use for Payments
RON can be used for in-game purchases, NFT trades, or peer-to-peer transfers with minimal fees.
Frequently Asked Questions (FAQs)
Q: Can I buy fractional RON (less than 1 token)?
A: Yes! Most exchanges allow purchases as small as $5 worth of RON.
Q: Is Ronin a good investment in 2025?
A: Crypto markets are volatile. Research Ronin’s use cases (e.g., Axie Infinity’s ecosystem) and ROI metrics before investing.
Q: How do I store RON securely?
A: Use a hardware wallet (e.g., Ledger) for long-term storage. Avoid keeping large amounts on exchanges.
Q: How long does buying RON take?
A: Instant on CEXs after KYC. DEX transactions depend on network congestion (set appropriate gas fees).
Ronin (RON) Price Overview
- Current Price: $0.4858 (past 24h: -10.29%)
- Market Cap: $320M
- Circulating Supply: 659M RON
- All-Time High: $4.23 (January 2022)
👉 Track RON’s live price and trends
Key Takeaways
- Buy base crypto (USDT/ETH) first, then trade for RON.
- Prioritize security: Use cold wallets for long-term storage.
- Diversify strategies: Hold, trade, or stake RON based on your goals.
By following this guide, you’re now equipped to navigate the Ronin (RON) purchasing process confidently. Happy investing!