Binance Announced an Important Update for One Popular Altcoin

Binance, the world's largest cryptocurrency exchange, has officially completed the token exchange and rebranding of Render (RNDR) to Render (RENDER).

This change signifies significant progress for the platform and its users, with deposits and withdrawals for the new RENDER tokens now available.

In light of the rebrand, Binance has launched spot trading for a host of new pairs:

• RENDER/BTC
• RENDER/USDT
• RENDER/FDUSD
• RENDER/USDC
• RENDER/TRY
• RENDER/EUR
• RENDER/BRL

Trading started on 26 July 2024 at 08:00. UTC, and users participating in “Spot Copy Trading” can add pairs by activating them in the “Personal Pair Preference” tab.

The token swap was done at a 1:1 ratio, with RNDR being exchanged for RENDER. Users can check their token allocation history in their Binance wallet history. The new RENDER token deposit addresses are now available for users.

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It is important to note that old RNDR tokens are no longer supported for deposits and withdrawals. Users should update their wallet addresses and ensure all transactions use RENDER to prevent any issues.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.