What is a RNDR Credit?
Understanding the different payment options on Render Network
RNDR Credits provide new users or users who are unfamiliar with Cryptocurrency an easy way to get started on the network while they get comfortable. Unlike RNDR Tokens, RNDR Credits can be purchased using PayPal and Stripe, directly through the Render Network Portal on rndr.x.io.
When a user purchases RNDR Credits, those Credits are backed by RNDR Tokens that have been purchased off of an exchange by the Render Network Team. This means that when a creator pays for a job using RNDR Credits, node operators are paid out in RNDR Tokens for their work.
For more in depth information on the history and mechanics of RNDR Credits, please check out our Deep Dive:
Keep an eye on the Render Network Medium page for updates, as payment providers and payment options are added to the network.
RNDR Credits can be added in the Render Network Portal by following the following steps:
- 1.In the left hand menu, click "ADD RNDR"
- 2.A window will appear prompting you to deposit funds (see below). Select the "Add RNDR Credits" tab
- 3.Choose between PayPal and Stripe for your payment provider
- 4.Enter how many Credits you would like to purchase, then continue on to checkout
This portal can also be reached by clicking on your balance directly