The leading exchange Binance has announced a significant change that will impact the Render (RNDR) token. The exchange has revealed plans to support the token swap and rebranding, transitioning RNDR to RENDER, a move that will undoubtedly have implications for users and the broader cryptocurrency community.
Important Dates and Actions
July 22, 2024, 06:00
- Binance will delist all existing RNDR spot trading pairs (RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR, and RNDR/BRL)
- Binance will cancel all RNDR spot trading orders
July 22, 2024, 06:30
- Deposits and withdrawals for Render (RNDR) will be suspended
- Users are advised to ensure that RNDR deposits are completed before this time
July 26, 2024, 11:00
- Trading will be opened for new RENDER pairs (RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR and RENDER/BRL)
Additional Details
- RNDR tokens will be exchanged for RENDER at a 1:1 ratio
- Following the exchange, RNDR deposits and withdrawals will no longer be supported
- Binance will meet all technical requirements for the token swap
Important Information for Users
“All RNDR spot trading pairs will be removed at 06:00 on July 22, 2024. The exact pairs to be delisted are RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR and RNDR/BRL. Users’ spot trading orders will be automatically removed when trading ends.”
- Trading Bots services for the specified RNDR pairs will end at 06:00 on July 22, 2024
- Users are strongly advised to update or cancel their Trading Bots to avoid possible losses
- Spot Copy Trading will delist the specified RNDR pairs at 06:00 on July 21, 2024
- The remaining pairs will be forcibly sold at market price after this time
- Users are advised to update or cancel their Spot Copy Trading portfolios by the deadline to avoid possible losses
Binance will release a separate announcement once the event is completed. For more details, users can refer to the project team’s official announcement.