Dear Binanciens, Dear Binanciens,

Binance will support Render token swap (RNDR) and renaming to Render (RENDER).

On 07/22/2024 at 03:00 UTC, Binance will delist all Spot trading pairs in RNDR (e.g. RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR , and RNDR/BRL) and will cancel all pending RNDR Spot trading orders. 

On 07/26/2024 at 08:00 UTC, Binance will open trading for RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL.

General 

  • Deposits and withdrawals

    • On 07/22/2024 at 03:30 UTC, deposits and withdrawals from Render (RNDR) will be suspended. Please ensure you allow enough time for your RNDR deposits to be fully processed before this deadline. 

    • Binance will release a detailed announcement once the event concludes.

    • Once the event ends, deposits and withdrawals of RNDR tokens will no longer be supported.

  • Binance is committed to meeting all technical requirements for all users.

  • Users can refer to the project team's announcement for more information.

Swap details

  • RNDR tokens will take the symbol RENDER on Binance;

  • All RNDR tokens will be swapped for RENDER at a ratio of 1 RNDR = 1 RENDER.

Spot

  • On 07/22/2024 at 03:00 UTC, Binance will delist and halt trading of all Spot trading pairs for RNDR. 

  • Here are the trading pairs affected by this removal: RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR and RNDR/BRL.

  • All trading orders will be automatically deleted after each respective trading pair stops trading.

  • Binance will terminate trading bot services for the aforementioned Spot trading pairs on 07/22/2024 at 03:00 (UTC), if applicable. Users can update and/or cancel their trading bots before trading bot services are discontinued to avoid any potential losses.

  • Binance will open trading for the trading pairs RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL on 07/26/2024 at 08:00 (UTC).

Marge

  • Binance Margin will delist the cross margin pairs RNDR/BTC, RNDR/USDC, and RNDR/USDT, as well as the isolated margin pairs RNDR/BTC and RNDR/USDT on 07/17/2024 at 06:00 UTC .

    • On 07/12/2024 at 06:00 UTC, Binance Margin will suspend Isolated Margin borrowing for the above Isolated Margin pairs.

    • On 07/17/2024 at 06:00 UTC, Binance Margin will close all user positions, perform automatic settlement, and cancel all pending orders on cross and isolated margins for the above-mentioned pairs. These pairs will then be removed from Binance Margin. 

  • Please note that users will not be able to update their positions during the delisting process and may close their positions and/or transfer their assets from their Margin wallet to their Spot wallet before trading stops. on margin on 07/17/2024 at 06:00 (UTC). Binance cannot be held responsible for any losses.

  • Margin wallet users can transfer the aforementioned token(s) from their margin wallet to their Spot wallet and fund their margin balance before 07/17/2024 at 06:00 (UTC) if necessary. Users should closely monitor the Unified Account Maintenance Margin Ratio (uniMMR) to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the margin wallet. 

  • All RNDR balances in Cross Margin Wallets in the Wallet Margin Account will be automatically converted to USDT starting 07/17/2024 at 06:00 UTC. The conversion may take approximately 24 hours or more. Binance assumes no liability for any losses on new positions that may occur during this period due to the conversion of funds. Please refer to FAQ for more information. 

  • A separate announcement will be published for the new listing on the platform. 

Loans

  • Starting 07/17/2024 at 03:00 UTC, Binance Loans (Flexible and Stable Rates) and VIP Loan will close all outstanding loan positions for RNDR (loanable tokens and collateral tokens will be closed). Users can repay their RNDR loans before 07/17/2024 at 03:00 (UTC) to avoid any potential losses.

  • Please see the FAQ for Binance Loans (Stable and Flexible Rates) and VIP Loans to know more. Additional details can also be found in the Binance Loans and VIP Loans Terms and Conditions.

Earn 

  • Starting 07/19/2024 at 03:00 UTC, Binance Simple Earn will stop supporting Simple Earn flexible products in RNDR, and subscriptions will no longer be available. 

  • For existing subscriptions, RNDR balances from Simple Earn flexible products, as well as accumulated rewards will be automatically redeemed and credited to users' Spot wallets after 07/19/2024 at 03:00 (UTC). Users can also choose to redeem their Simple Earn flexible product assets in RNDR at any time before 07/19/2024 at 03:00 UTC.

  • Binance Simple Earn will support affected users by re-subscribing to the flexible product in RENDER, based on the swap ratio above, and once the event ends. 

Binance Pay

  • On 07/22/2024 at 03:00 UTC, Binance will delist RNDR from the list of supported cryptocurrencies on Binance Pay.

Gift card

  • As of 07/22/2024 at 03:00 UTC, Binance will no longer support the creation of RNDR gift cards.

    • Although users can exchange unclaimed RNDR gift cards for RNDR tokens before 07/22/2024 at 03:00 UTC, please note that redeemed tokens will be automatically converted to new RENDER tokens.

    • After 07/22/2024 at 03:00 UTC, all unclaimed RNDR gift cards will be automatically converted to RENDER tokens.

Convert

  • Binance Convert's Sell Only feature will still be available for RNDR and all associated pairs from 07/18/2024 03:00 UTC to 07/22 2024 02:00 UTC. Binance Convert will then delist RNDR and all associated pairs on 07/22/2024 at 02:00 UTC.

Auto-Invest

  • Binance Auto-Invest will delist RNDR after 07/16/2024 at 03:00 UTC. Users can choose to delete the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token(s) will fail.

Buy and sell cryptos

  • On 07/18/2024 at 03:00 UTC, the crypto buying and selling features will delist RNDR and all associated pairs.

Thank you for your support !

The Binance team

10/07/2024