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Home»Exchanges»Bitcoin Exchange Binance Announced That It Will Cancel All Buy-Sell Orders in This Altcoin! Here’s Why
Exchanges

Bitcoin Exchange Binance Announced That It Will Cancel All Buy-Sell Orders in This Altcoin! Here’s Why

NBTCBy NBTC13/07/2024No Comments2 Mins Read
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Binance announced support for the Render (RNDR) token swap and rebranding as Render (RENDER). This transition will involve delisting existing RNDR transaction pairs and introducing new RENDER transaction pairs.

Binance Will Support Render (RNDR) Token Swap and Will Be Rebranded as Render (RENDER)

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) 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 official announcement of the project team.

*This is not investment advice.

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