KuCoin Will Support the Render Token (RNDR) Upgrading to Render (RENDER)

KuCoin Will Support the Render Token (RNDR) Upgrading to Render (RENDER)

07/31/2024, 06:37:53

Dear KuCoin Users,

KuCoin will support the Render Token (RNDR) upgrading to Render (RENDER). We will complete the RNDR to RENDER token swap automatically for RNDR holders on KuCoin.

The arrangements are as follows:

1. KuCoin will close the deposit and withdrawal services of RDNR at 07:00:00 on August 1, 2024 (UTC).

2. KuCoinTrading Bot will automatically stop the running bots of RNDR/USDT and RNDR/BTC at 06:45:00 on August 1, 2024 (UTC), including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance.

3.KuCoin will close the trading service for the RNDR/USDT and RNDR/BTC trading pairs at 07:00:00 on August 1, 2024 (UTC).We recommend that you cancel your pending orders of RNDR as soon as possible.

4. To complete the token swap, KuCoin will take snapshots of users’ RNDR assets at 11:00:00 on August 1, 2024 (UTC). After the snapshot, we will convert the RNDR to RENDER at a ratio of 1:1 (1 RNDR = 1 RENDER).

Please note:

1. Minimum holding for eligibility: 0.17 RNDR.

2. The snapshots will include RNDR balances in Spot accounts (Funding Account + Trading Account).

3. RNDR tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your RNDR balance.

4. After the token swap is completed, the RNDR token will no longer be supported on KuCoin.

For further information on the token migration, please refer to:

Official Announcement

Regards,

The KuCoin Team


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