Binance has successfully completed the token swap and rebranding process for the Render (RENDER) token, previously known as Render (RNDR). This transition is part of Binance’s efforts to streamline and enhance its token offerings. The new RENDER tokens are now available for deposit and withdrawal transactions.
Spot Trading Begins
As of July 26, 2024, at 11:00 AM Turkey time, Binance has initiated spot trading for multiple RENDER trading pairs. These pairs include RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL. This wide range of trading pairs provides users with extensive flexibility to trade RENDER against various cryptocurrencies and fiat currencies.
The rebranding effort means that the Render token will now be recognized on Binance under the RENDER symbol. This change is entirely nominal and does not affect the fundamental value or functionality of the tokens. The distribution of new RENDER tokens was carried out on a 1:1 basis, meaning each RNDR token was directly swapped for one RENDER token.
Those who hold the new RENDER tokens can obtain updated deposit addresses from Binance. To ensure transactions are processed correctly, these new addresses must be used for future deposits. Since Binance no longer supports deposits or withdrawals for the old RNDR tokens, it is important for users to transition to the new RENDER tokens.
