Binance, a leading cryptocurrency exchange, has announced its support for the upcoming Render (RNDR) token swap and rebrand to Render (RENDER). This change will see the existing RNDR tokens being swapped for new RENDER tokens at a 1:1 ratio.
Important Dates and Actions:
On July 22nd, 2024, at 06:00 AM (UTC), Binance will take the following actions:
- Delisting of RNDR Trading Pairs: All existing RNDR spot trading pairs (RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR, and RNDR/BRL) will be removed from the exchange.
- Cancellation of Pending Orders: All pending spot trading orders involving RNDR will be canceled.
What This Means for Users:
- Token Swap: RNDR holders on Binance do not need to take any action. The token swap will be handled automatically by Binance, and users will receive an equivalent amount of RENDER tokens.
- Trading Suspension: Trading of RNDR will be temporarily suspended during the swap process. It is crucial to cancel any open orders before the delisting time to avoid potential losses.
Please note that Binance will resume trading of RENDER tokens on July 26th, 2024, under new trading pairs (RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL).
July 2024, Cryptoniteuae