How to Buy Warena (RENA)?
Investing in the Metaverse is not as complicated as it seems
Want to jump straight to the answer?
This is the quickest way to buy Warena Rena with fiat (for both US and Non-US residents).
Here’s my 3-Step Process:
STEP 1. Choose a Fiat-to-crypto exchange
Sign up for an exchange that offers fiat-to-crypto purchases.
- CEX Route: We recommend Gate.IO for NON-US residents and MEXC for US residents. Both support Warena crypto directly.
- DEX Route: You can use a custodial exchange (Binance (NON-US) or CEX.IO) or a non-custodial exchange like Changelly to purchase BNB.
STEP 2. Buy a Crypto Paired with warena crypto
Warena (RENA) is paired with USDT and WBNB. Purchase USDT if you want to use a centralized exchange (CEX). Buy BNB if you prefer a Decentralized Exchange (DEX).
STEP 3. Buy Rena coin in a supporting Exchange
You can use a centralized exchange (CEX) like Gate.IO (NON-US) or MEXC (US) or a decentralized exchange (DEX) like PancakeSwap.
STEP 4 (Bonus). Keep your Rena coin safe
This step is often overlooked. “Not your keys, Not your coins.” Keeping your coins in an exchange is never wise (see the recent FTX collapse). The best hardware wallet for warena crypto is SafePal. Alternative options are Ledger Nano X and Trezor T.
NOTE: If you want a DETAILED description of the process. Keep on reading!
Where to Buy Warena (RENA)?
We recommend the following crypto exchanges:
Best NON-US CEX
Gate.IO
Payment Methods:
Credit/Debit Card, Bank Transfer (SEPA & SWIFT), P2P, ACH, Wire.
Fees:
Flat 0.20%
Account Minimum:
~$1 minimum
Best US CEX
MEXC Global
Payment Methods:
Credit/Debit Card, Bank Transfer (SEPA & SWIFT), P2P, ACH, Wire.
Fees:
Flat 0.20%
Account Minimum:
~$1 minimum
Best DEX
PancakeSwap*
Payment Methods:
NONE
Fees:
~0.25%
Account Minimum:
NONE (Wallet Needed)
*Note: If you want to use PancakeSwap (DEX) you will need a crypto wallet and BNB. You can buy BNB on Binance (NON-US) and CEX.IO.
Warena (RENA) is the governance token of the Warena Metaverse. Warena is a long-term investment with solid fundamentals, a team of skilled Vietnamese game developers (d2mstudio, ncc.asia), and backing from more than 20 partners like Polygon, Animoca Brands, Illuvium, and DAO Maker.
Here’s how to buy Warena in a nutshell. If you want a DETAILED, step-by-step guide, here’s what we’ll cover:
- 1. How to buy Warena (RENA) in 3 DETAILED Steps (CEX and DEX Routes)
- 2. How to keep your Warena Token SAFE (from human error and online hackers)
- 3. FAQs
1. Buy Warena (RENA) in 3 DETAILED Steps
In this section, you will know EXACTLY (Step-by-Step) how and where to buy Warena (either if you are a US or Non-US resident).
Quick recap: Here’s the 3-Step Process
- 1. Choose a Fiat-to-crypto exchange. There are two ways to purchase RENA:
- Route 1 – Centralized exchanges (CEX): Centralized crypto exchanges are also called custodial because they hold the keys to your funds. It is more suitable for beginners as the UX is better and the process is simpler. Gate.io, MEXC.
- Route 2 – Decentralized Exchanges (DEX): Decentralized crypto exchanges are also called non-custodial because you hold the keys to your funds at all times. You will need a software or hardware wallet to connect to the exchange. It is a bit more complicated because the UX is still not there. PancakeSwap
- 2. Buy a Crypto Paired with Warena crypto. You can purchase USDT (CEX) or BNB (DEX) with fiat via different payment methods: credit/debit card, bank transfer, P2P, Wire, etc.
- 3. Buy RENA Coin in a supporting exchange. You will need to pick an exchange in which Rena is listed.
- 4. BONUS – Keep your Rena coin safe (We will cover this in Section 2)
I will not leave any stone unturned (If you are new, DON’T WORRY!)
STEP 1 – Sign UP for GATE.IO
Gate.io is one of the world’s top ten cryptocurrency exchanges with over 1300 digital currencies and untapped altcoins. Gate.io is one of the oldest Chinese exchanges.
It was founded in 2013 and has gained a solid reputation for its services and strong security measures. It has decent platform fees (0.2%) with huge discounts and privileges for GateToken Holders.
Gate.io offers products such as spot trading, leverage trading, leveraged ETF, futures trading, quantitative trading, staking, crypto loans, and liquidity mining. Due to recent changes in the regulatory climate in the United States, Gate.io no longer provides any services to the U.S or Canada.
To create a Gate.io account follow these steps:
Step 2. Register with your email address. Create a password. Input your country of residence and check “I certify that I am 18 years of age or older. Read and agree to the Gate.io User Agreement Privacy Policy” and click “Create Account.”
Step 3. You will receive an email to activate your account. Click on the link provided to activate your account and log in. You will be emailed a code; input it and you are in!
Step 4. It is recommended that you go through the KYC process to rise your limits as well as enable google authenticator. Click on “KYC Now.”
Step 5-6. Gate.io will encourage you to install Google Authenticator (TOTP). Select Google Authenticator and “click here” to enable Two-factor Authenticator.
To install 2FA, select the options on the screen; if you want to use the browser extension, add it to your browser here. Scan the QR code with your Google authenticator, then click “Send Email code.” Then enter your 6-digit Google authenticator code to enable two-factor authentication.
Step 7. At the bottom of your page click on “KYC Now” again and click on “Verify Now” (below individual). Enter your basic information, upload your ID and confirm it.
Step 8. Wait for a confirmation email saying “Your Gate.io account has passed KYC certification!” and you are set!
Note: It is suggested that you set a fund password to secure your assets while trading. Click Setup at the top of your screen, where it reads “please setup fund password.” As you can see, Gate.io’s security measures are excellent.
STEP 2 – Buy USDT on GATE.IO
Gate.io supports fiat-to-crypto transactions with a variety of payment methods: Credit/Debit Card for quick transactions, Bank Transfers (SEPA & SWIFT), Wire, and P2P with multiple options (Revolut, Wise, BBVA, Skrill, etc).
Step 1: Next to Gate.io logo hover over Buy Crypto and select Credit Card for instant purchases.
Step 2: Enter your fiat currency amount in the Buy With Fiat Currency box, and then pick USDT in the Currency Purchased box. Choose your selected service provider, check the disclaimer box, and then press the “Purchase” button.
Step 3: You will be taken to the service provider’s website, where you will enter your information and make the purchase.
Step 4: That’s it! You have purchased USDT!
STEP 3 – Buy Warena crypto on GATE.IO
Gate.io provides a trading platform for both beginners (standard) and experienced (professional) traders. If you are a beginner, the standard option will be easier to understand.
Step 1: At Gate.io exchange, hover over Trade > Spot Trading and select Standard
Step 2: Search for Rena and click on RENA_USDT
Step 3: Below the chart is the Spot Trading panel with multiple order options (Limit Order, Grid Trading, and Time Condition).To purchase LUS Token, first select the Last Price (the top number on the order book sell-side, in red).
Step 4: Then click the “down arrow” above the Buy (USDT – RENA) button and enter the percentage of your USDT account balance that you are comfortable investing/trading. When you’re ready, press the “Buy button (USDT -> RENA)” and “confirm your order.”
Note: Simply put, a Limit order allows you to place an order at a specific price or better to set better entries and take-profit targets. By selecting the last price (sell-side) in the Order Book, you are informing the broker that you will not pay a price greater than the last ask (offer) price.
Furthermore, because it is in the Order Book, you may be certain that someone is willing to sell RENA at that price. However, because you have placed a limit order, if the order book finds a better (cheaper) price, your order will be executed at that price (as often happens).
STEP 1 – Sign UP For MEXC
Launched in 2018 in Seychelles, MEXC global is a well-established and reputable cryptocurrency exchange that ranks among the top 15 global exchanges. MEXC Global has met all regulatory requirements and holds licenses in the United States, Switzerland, Canada, Australia, and other countries.
MEXC global offers over 800 cryptocurrencies and has competitive platform fees (0.2%). MEXC provides fiat-to-crypto services (card, bank transfer, P2P, etc.), as well as spot, margin, futures trading, ETFs, and staking services. We recommend MEXC Global for your fiat-to-crypto purchases
To create a MEXC Global account follow these steps:
Step 2: Sign up with your email or cell phone number. Create a hacker-proof password and enter the email verification code you will receive. When you are ready, read and accept the user agreement. Then click on “Sign up.”
Step 3: We recommend reducing your account risk level by enabling MEXC/Google authenticator.
- 3.1 Go to Security, select “Security Recommendations,” and then select Set Up under MEXC/Google Authenticator.
- 3.2 Download MEXC/Google Authenticator for mobile or browser.
- 3.3 Follow the steps on the screen to set it up correctly
Step 4 (Optional): We recommend passing the primary KYC in order to enhance your 24-hour withdrawal limit to 40 BTC and receive additional perks and bonuses. MEXC Global may request KYC for bank transfers, P2P trading, and other services.
- 4.1 Under Identification click on “Primary KYC” and then “Verify”
- 4.2 Provide all the details and click on “Submit for review”
Approval is fast! It won’t take long! Check your email for confirmation!
STEP 2 – Buy USDT on MEXC
MEXC Global supports fiat-to-crypto exchanges with a variety of payment options: Credit/Debit cards for quick transactions and Bank Transfers (SEPA & SWIFT).
Step 1: Next to MEXC Global logo hover over Buy Crypto and click “Third-party payment.”
Step 2: Enter your fiat currency amount in the Pay box. Pick USDT in the Get box. Choose your selected service provider, and press the “Buy USDT” button.
Step 3: You will be taken to the service provider’s website, where you will enter your information and make the purchase.
Step 4: That’s it! You have purchased USDT!
Note: You can deposit fiat currency into your account using the global bank transfer option (SWIFT/Wire Transfer). This option is cheaper but slower (it may take a few days), and requires advanced KYC identification. For faster and more efficient transactions we recommend choosing a third-party supplier that accepts both credit/debit cards as well as local and international bank transfers (e.g., Simplex).
STEP 3 – Buy Rena coin on MEXC Global
MEXC Global offers both beginner (spot trading) and advanced trading tools such as margin trading and quantitative trading. Beginner traders will appreciate the simple and straightforward UI.
Step 1: At MEXC Global Exchange, hover over Trade and click on “Spot.”
Step 2: Look for RENA/USDT in the search bar, then click on “RENA/USDT” to open the chart.
Step 3: Below the chart is a panel with multiple order options (Limit, Market, and Stop-Limit). To buy Rena Token at the current market price select Market, and set the percentage of your USDT balance that you are comfortable investing/trading (use the green slider below).
Step 4: Then hit “Buy RENA.” Confirm your order and your RENA will be in your account.
Note: Simply put, a Limit order allows you to place an order at a specific price or better to set better entries and take-profit targets. A Market order executes an order at the current market price. A Stop-limit order is a type of stop-loss that becomes a limit order at the stop price (only executing at the limit price or better)
If you want to use a decentralized exchange (DEX), the process is a little more complicated. DON’T Worry, we’ve broken everything down for you step by step below.
PancakeSwap
PancakeSwap is a well-established decentralized exchange native to BNB Chain with competitive trading fees (0.25%). On PancakeSwap, you can earn passive income by depositing crypto into a liquidity pool (yield farming), provide liquidity to a DeFi protocol (liquidity mining), and pledging your coins to support a PoS blockchain (staking). PancakeSwap also offers an NFT marketplace.
PancakeSwap, unlike centralized exchanges (CEX), does not hold user funds. So, the first thing you’ll need is a cryptocurrency wallet.
There are two types of crypto wallets:
- Software (Online) Wallets: Software wallets are connected to the internet and are useful to move funds quickly. We recommend Metamask (browser) or Trust Wallet (mobile).
- Hardware (Offline) Wallets: Hardware wallets are the most secure way to store your coins and keep them away from hackers. The best hardware wallets for storing RENA tokens are SafePal, Ledger Nano X, and Trezor T (see Step 4).
We will go over the steps for Metamask, one of the most popular software wallets. Remember to keep your crypto assets safe with a cold (offline) hardware wallet.
Step 0: To get started, please install the Metamask Wallet for google chrome: chrome extension Link or mobile: iOS (app store); Android (google play). The application is completely free.
Step 1: Click on the app extension (fox symbol) first and click on “get started”
Step 2: Click on “Create a Wallet”
Step 3: Click on “No thanks” or “I agree.” This is all up to you.
Step 4: Create a password, confirm it, tick the box that says “I have read and agree to the Terms of Use” and click on “create.”
Step 5: Watch the video about your Secret Recovery Phrase and click on “next.”
Step 6: Securely back up your 12-word recovery phrase. Keep it safe on a password manager or old pen and paper as Metamask cannot recover this phrase for you. After that click on “next.”
Step 7: Confirm your secret recovery phrase (in order) and click on “confirm.”
Step 8: Congratulations! You are set!
STEP 2: Buy & Transfer BNB
STEP 1: Once you’ve created a Metamask wallet, the next step is to add the BNB chain to Metamask. By default, you have the Ethereum Mainnet; click on it and then click the “add networks” button (copy the data exactly as you see below). Close the window and select the Smart Chain Network.
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
STEP 2: After that, it is time to buy BNB. Ensure you buy more BNBs as some portion will go to fees to pay the network (BNB Chain).
You can use a non-custodial exchange like Changelly and follow this link to purchase BNB (BSC). No KYC is needed, just your wallet address*.
*In Metamask, the wallet address is under your account name (initial page). Ensure you are on the right network (Smart Chain). Easy, RIGHT?
Or you can sign up to CEX.IO or Binance (Non-US).
- CEX.IO: Follow this link > Choose BNB > Select fiat currency and amount > Hit Buy > Add new Card > Click on Proceed.
- Binance: Go to buy crypto > click on debit/credit card > Select BNB (on receive box) > select fiat currency and amount > Add new card > click on continue
If you use CEX.IO or Binance please withdraw your BNB to your Metamask wallet. Follow the steps below:
- CEX.IO: Spot Trading > Select Finance > Search for BNB > Click on Withdraw > Input your BNB amount > enter your crypto wallet address > tick T&C’s > Click on Withdraw.
- Binance: Go to wallet > fiat & spot > Next to BNB click on Withdraw > input metamask wallet > select BSC (BEP20) > withdrawal amount > Click Withdraw
Tada! Your BNB is now ready to be traded into RENA in your wallet!
STEP 3: Connect Metamask Wallet to PancakeSwap
This step is crucial! Scammers use fake websites to steal your coins. Before connecting your wallet, make sure you’re on the official DEX website, or you risk losing your funds. Never share your seed phrases or private keys with anyone! Keep your coins safe with a cold/hardware wallet! You may potentially receive “spam tokens” in your wallet. Do not transact with such tokens, or you risk having your wallet compromised (aka hacked).
Connecting your Metamask Wallet to PancakeSwap is simple. Click on “Connect Wallet” in the upper right corner, then select Metamask Wallet from the list. Enter your Metmask password and unlock your wallet. Once you are in, select the account (s) to use on this site, click on “Next” and “Connect.”
STEP 4: Buy Warena crypto on PancakeSwap
Step 0: You must add the Warena (Rena) crypto to your Metamask. On the initial screen go to import tokens. Enter the following addresses under contract token address:
- Token contract address: 0xa9D75Cc3405F0450955050C520843f99Aff8749D
When you click “add custom token” and “import token”, RENA token will be displayed on your wallet.
Step 1: Hover over Trade on the left side and select “Swap.”
Step 2: In the swap box, select BNB and look for RENA. You will need to import Rena token (via coinmarketcap, ensure is the right token address). Click on “Import.”
Step 3: Search for BNB and RENA. Enter the right amount of BNB you wish to swap for RENA and click “Swap.” Then confirm “Swap.”
Voilà! Your RENA just arrived on your Metamask Wallet!
Custodial Fiat-To-Crypto Exchanges (CEX)
A custodial exchange is a centralized exchange that stores and manages your private keys on your behalf. These are alternative fiat-to-crypto options you can use in case you have some issues with the ones presented in the previous sections.
Binance (Non-US)
Binance, founded in 2017 by Chinese-Canadian developer Changpeng Zhao, has grown to become one of the most popular and leading cryptocurrency exchanges in the industry. It is regarded among the top ten in terms of trust and trade volume, and it provides services in over 140 countries around the world (not including the US).
Binance offers a wide selection of cryptocurrencies (over 387 coins and over 1590 trading pairs) and low trading fees (spot trading fees start at 0.1%).
Binance provides fiat-to-crypto services (card, bank transfer, P2P, and more), as well as spot, margin, futures, staking, liquidity farming, and other services. Binance is a relatively safe, versatile way to invest in and trade crypto.
BITMART (US)
BitMart is a global cryptocurrency exchange that allows customers in 180+ countries (including the United States) to trade over 1,000 digital currencies and pairs.
BitMart, founded in 2017, offers fiat-to-crypto payments, staking, margin trading, futures, and NFTs. BitMart charges a flat 0.25% fee regardless if you are a maker or taker. KYC Level 1 is required for fiat-to-crypto purchases and Level 2 is needed for trading.
Non-Custodial Fiat-to-Crypto Exchanges
Another option is to use a non-custodial exchange (the exchange does not hold your private key or “password”). If you use a centralized exchange (CEX) like MEXC, you will need to transfer that money to your custodial (exchange wallet).
If you want to use a DEX like PancakeSwap, however, you will need a cryptocurrency wallet (non-custodial wallet) like Metamask to access your funds.
This method requires no registration or KYC and is usually more convenient, but slightly more expensive.
Changelly
Changelly is a popular and well-established fiat-to-crypto exchange with the mission of making the exchange process simple for everyone. Changelly has been in operation since 2015 and provides the ability to buy crypto with fiat currency as well as exchange Bitcoin and 200+ altcoins in a fast, simple and secure way. Changelly does not require any registration/KYC.
To buy USDT (in case of CEX) or BNB (in case of DEX) follow the links below:
- USDT(TRX) Link (CEX)
- BNB Link (DEX)
ChangeNow
ChangeNow is a popular and well-established non-custodial service created for simple and fast cryptocurrency exchanges. ChangeNow has been in operation since 2017 and provides the ability to buy crypto with fiat money as well as exchange more than 350 coins without any limits. ChangeNow does not require any registration or KYC.
To buy USDT (in case of CEX) or BNB (in case of DEX) follow the links below:
- USDT(BSC) Link (CEX)
- BNB Link (DEX)
2. Keep Warena (RENA) Crypto Safe
Have you heard about Lehman Brothers, Celsius, Voyager, and BlockFi?
What about the most recent? FTX exchange collapse (the next “big short movie?”)
We are talking about people losing retirement savings. People losing pensions. People losing homes. People losing health. People losing faith.
Crypto was invented to mitigate these risks (counterparty risk).
Centralized Exchanges (CEX) are the most convenient option for newcomers, but they are also the least secure for keeping your coins safe (you are injecting counterparty risk).
Centralized solutions suffer from corruption, mismanagement, censorship, and fragility (target for both hackers and government litigations).
There is a mantra in the crypto world: “Not your keys, Not your coins.”
Once you’ve bought your rena warena from the chosen exchange, be sure to transfer it to your personal crypto wallet. The safest option is a cold/hardware wallet.
What is a cold/hardware wallet?
A cold/hardware wallet is a physical device or object that does not have an internet connection. A cold wallet stores the keys offline (hacker-proof). Cold/Hardware Wallets are non-custodial wallets (you hold your keys at all times) and are considered the safest option.
The best hardware wallets for Warena Rena are:
SafePal
Type:
Hot (online) & Cold (Hardware)
Coins Supported: 54 Blockchains (30k+ Tokens)
Native Support*
User-friendly UX
Air-gapped: 100% offline
Cross-Platform: Mobile, Web Browser + Hardware
Ledger NANO X
Type:
Cold (Hardware Wallet)
Coins Supported:
5,500+ Tokens
Up to 100 apps
High Reputation
Bluetooth Connection
Cross-Platform: IOS & Android, Desktop (W, OS, L)
Trezor T
Type:
Cold (Hardware Wallet)
Coins Supported: 1800+ Tok
Unlimited Apps & Wallets
High Reputation
Shamir Backup: Safe from theft or destruction.
Cross-Platform: Browser, Desktop (W, OS, L)
*Note: SafePal supports Rena coin directly. If you prefer Ledger or Trezor you must pair it with Metamask.
3. FAQs
What is Warena?
Warena is a personalized NFT Play-to-Earn, Strategy, and sci-fi Metaverse game. Players can play games, design their avatars, monetize their digital assets (land and in-game items), and carry over NFTs from other Metaverses to battle or participate in social virtual activities.
It combines the greatest elements of a sandbox, DEX, and DeFi community with unique features (AI personalization and cross-chain NFTs) and a wide range of fun gameplay opportunities.
Can I play Warena now?
Yes! Warena phase 1 – Tower Defence Game (2D) is available on Web browsers (Web) and mobile devices (Android ; iOS). Warena Phase 2 (3D Metaverse) is coming soon!
Where can I buy Warena?
You can buy Rena Crypto on Gate.io (recommended) or if you are a US resident on Mexc Global (recommended).
Alternatively, you can download a cryptocurrency wallet, buy BNB on a fiat-to-crypto exchange and swap it for RENA on PancakeSwap Decentralized Exchange (DEX).
How Can I Stake RENA?
You can stake RENA on Gate.io as well as the Warena official Marketplace
How much does it cost to get started in Warena?
Is it recommended to buy at least 3 NFTs to start playing. You can get a full squad of commons for under $15 on the Warena Official Marketplace or on 3rd party marketplaces such as BinanceNFT or TreasurelandNFT.
However, to lower the entry barriers, Warena also offers the lease of NFTs or in-game items as well as a free-to-play mode (trial mode) to earn mystery boxes with unique NFTs.
The information provided in this guide is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrencies). Bear in mind that micro caps (0-1M or 0-25BTC market cap with ~9k trading volume) are extremely volatile. None can predict the future (who says so is lying to you). Do not get cold feet by FOMO or go all-in on a project. Never invest money you can’t afford to lose. The author does not hold positions in Warena (RENA).
