If you're new to the world of cryptocurrency, buying a digital asset like Ronin (RON) might feel overwhelming at first. You may be unsure where to start, which platforms are trustworthy, or how to securely store your tokens after purchase. This beginner-friendly guide will walk you through everything you need to know about purchasing Ronin (RON)—from choosing the right exchange to storing your assets safely.
Whether you're interested in trading, long-term holding, or using RON within blockchain gaming ecosystems, this guide covers all essential steps and considerations. Let’s dive in.
What Is Ronin (RON)?
Ronin is a blockchain platform specifically designed for next-generation gaming experiences, most notably serving as the backbone for Axie Infinity, one of the most popular play-to-earn games. The native cryptocurrency of the Ronin network is RON, used for transaction fees, staking, governance, and in-game purchases.
Built as an Ethereum sidechain, Ronin offers faster transactions and lower fees compared to traditional Ethereum-based networks. Its focus on scalability and user experience makes it ideal for gamers and developers alike.
Now that you understand what Ronin is, let’s explore where and how you can buy RON.
Where Can You Buy Ronin (RON)?
As of now, you cannot directly purchase Ronin (RON) with fiat currencies like USD, EUR, or GBP through standard banking methods such as PayPal or credit cards on most platforms. However, there's a simple workaround:
- First, buy a widely supported cryptocurrency like USDT, ETH, or BNB using fiat money.
- Then, transfer it to an exchange that supports RON trading pairs (e.g., RON/USDT).
- Finally, swap your USDT or ETH for RON.
Many centralized exchanges (CEXs) support RON spot trading, while some also offer OTC (over-the-counter) services, allowing users to trade large amounts without affecting market prices. Additionally, certain crypto wallets integrated with decentralized exchanges (DEXs) let you swap tokens directly on the Ronin network.
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How to Buy Ronin (RON) on a Centralized Exchange (CEX)
While each exchange has its own interface and features, the general process for buying RON remains consistent across platforms. Follow these steps:
Step 1: Create an Account
Visit a reputable CEX that lists Ronin (RON), such as OKX, Bybit, or KuCoin. Register by providing your email address or using social login if available.
Step 2: Complete Identity Verification
Most exchanges require KYC (Know Your Customer) verification. Upload a government-issued ID and complete any additional security checks. This step ensures compliance and unlocks higher withdrawal limits.
Step 3: Deposit Funds
Buy USDT, ETH, or BNB using your local currency via bank transfer, credit card, or P2P trading. Some platforms offer instant fiat-to-crypto gateways.
Step 4: Transfer to a Supported Exchange (If Needed)
If your current exchange doesn’t list RON, withdraw your USDT/ETH to a platform that does support RON trading pairs.
Step 5: Trade for Ronin (RON)
Go to the spot trading market, find the RON/USDT or RON/ETH pair, enter the amount you’d like to buy, and confirm the trade.
⚠️ Note: Availability of services varies by region. Always check local regulations and exchange policies before proceeding.
What to Do After Buying Ronin (RON)
Once you’ve acquired RON, several options are available depending on your goals.
Hold or Store RON
Many investors choose to hold RON long-term, expecting price appreciation. For secure storage:
- Use a hot wallet (like Trust Wallet) for frequent access.
- Opt for a cold wallet (hardware wallet like Ledger) for maximum security if holding large amounts.
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Trade RON for Other Cryptocurrencies
You can exchange RON for other tokens on both centralized and decentralized exchanges. Popular pairs include RON/USDT and RON/ETH.
Stake RON to Earn Rewards
Staking allows you to earn passive income by locking up your RON tokens to help secure the network. Staking rewards often provide better returns than leaving tokens idle in a wallet.
Send or Receive Payments
Ronin enables fast, low-cost global transfers. You can send RON to anyone worldwide almost instantly—ideal for cross-border payments or supporting creators in Web3 games.
Use RON for In-Game Purchases
Since Ronin powers Axie Infinity and other blockchain games, you can use RON to buy NFTs, pay transaction fees, or participate in game economies.
Frequently Asked Questions (FAQ)
Can I buy less than 1 Ronin (RON)?
Yes! Like most cryptocurrencies, RON is divisible up to six decimal places. You can purchase fractions of a token—for example, 0.5 RON or even 0.01 RON—depending on your budget.
Is investing in Ronin (RON) profitable in 2025?
Cryptocurrency markets are highly volatile and unpredictable. While Ronin has strong fundamentals due to its gaming ecosystem, past performance doesn’t guarantee future results. Always conduct thorough research—review project whitepapers, analyze historical price trends, and assess your risk tolerance before investing.
How should I store my Ronin (RON)?
For short-term use, a trusted software wallet works well. For long-term holdings, consider using a hardware wallet (cold storage). These offline devices significantly reduce the risk of hacking compared to online ("hot") wallets.
How long does it take to buy Ronin (RON)?
On centralized exchanges, trades execute instantly once funded. However, initial account verification (KYC) may take minutes to hours. Deposits via bank transfer or P2P could take longer—sometimes up to several hours.
For DEX purchases, transaction speed depends on network congestion and gas fees. Setting a competitive gas price ensures faster confirmation.
What is the current price of Ronin (RON)?
As of now, Ronin (RON) is trading at $0.4731**, with a 24-hour trading volume of **$72,882,472. The price has decreased by 7.67% in the last day but shows a 9.25% gain over 7 days and 20.46% growth over 30 days.
- Circulating Supply: 659 million RON
- Max Supply: 1 billion RON
- Market Cap: $311.9 million
Prices fluctuate constantly based on market demand and broader crypto trends.
Can I use Ronin outside of gaming?
While primarily used in blockchain gaming ecosystems like Axie Infinity, RON can also be traded, staked, sent globally, or held as part of a diversified crypto portfolio.
Final Thoughts
Buying Ronin (RON) doesn’t have to be complicated—even if you're just starting out. By following the steps outlined above, you can confidently navigate exchanges, make informed decisions, and securely manage your holdings.
Remember: always prioritize security, do your research before investing, and never invest more than you can afford to lose.
👉 Start your journey into blockchain gaming and digital ownership today.