The largest crypto exchange, Binance, has completed the Render (RNDR) token swap and rebranded to Render (RENDER). This is part of Binance’s ongoing efforts to streamline and improve its token offerings. According to official reports, “Deposits and withdrawals for the new RENDER tokens are now open.”
Binance has officially begun spot trading for multiple RENDER trading pairs. Binance reports that RENDER/BTC, RENDER/USDT, RENDERFDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL spot trading pairs are available for trade starting 2024-07-26 at 08:00 (UTC).
As a result of the rebranding efforts, the Render crypto will now be recognized on Binance under the RENDER ticker. This update has no effect on the tokens’ core value or usefulness. The new RENDER tokens were distributed on a 1:1 basis, which means that each RNDR token was instantly exchanged for one RENDER token.
Binance has told its users, “Deposits and withdrawals of old RNDR tokens will no longer be supported.”
Those who hold the new RENDER tokens can get updated deposit addresses from Binance. These new addresses must be used for future deposits to guarantee that transactions are properly completed. RNDR users are advised to switch to the new RENDER tokens.
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