Binance Completes Render Token Swap and Rebranding
Binance, the largest cryptocurrency exchange, recently finalized a Render (RNDR) token swap, transforming it into Render (RENDER). This move is part of Binance’s ongoing commitment to streamlining and enhancing its token offerings. According to official reports, “Deposits and withdrawals of the new RENDER token are now open.”
Binance Opens Deposit and Withdrawal for RENDER
Binance has officially launched spot trading for various RENDER trading pairs. Users can now trade RENDER against BTC, USDT, FDUSD, USDC, TRY, EUR, and BRL on Binance as of July 26, 2024, at 08:00 (UTC). Following the rebranding, the Render cryptocurrency will now be denoted as RENDER on the exchange. The token’s core value and utility remain unaffected by this change, as the new RENDER tokens are distributed in a 1:1 ratio with RNDR tokens.
Transition to RENDER Token
In light of these updates, Binance has communicated to its users that the old RNDR token will no longer be supported for deposits and withdrawals. Holders of the new RENDER token are advised to obtain their updated deposit addresses from Binance and utilize them for all future transactions to ensure seamless execution. This transition ensures that transactions occur smoothly and without any issues.
Moreover, users can find more information about the RENDER token and its trading pairs on Binance’s platform. The RENDER token’s introduction marks a significant development in Binance’s token offerings, providing users with a more efficient and streamlined trading experience.
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