Bitget Will Support the Render Network (RNDR) Token Swap and Rebranding to Render Network (RENDER)

Bitget will support the Render Network (RNDR) token swap and rebranding to Render Network (RENDER).

Details of the timeline are as follows:

• Deposit and withdrawal services of RNDR will be suspended at 04:00, 22 July (UTC).

• At 04:00, 22 July (UTC), Bitget will delist the RNDR/USDT spot trading pair and cancel all pending spot trade orders.

• Recover all RNDR balances and begin the distribution of new RENDER to all eligible users at a ratio of 1:1.

• The new RENDER contract address are as follow:

• Solana : rndrizKT3MK1iimdxRdWabcF7Zg7AR5T4nud4EkHBof

Please Note:

• Bitget will no longer support deposits and withdrawals of old RNDR tokens after the token swap.

• We will inform users in a separate announcement when the deposit, withdrawal and trading services for RENDER are available, following the completion of the token swap.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For more information, please refer to:

Render Network Completes Successful Upgrade To Solana

Earn

• Bitget Earn will delist the RNDR Savings product at 8:00 AM on July 21, 2024 (UTC). The product will be promptly relisted once the upgrade is completed. Please pay attention to subsequent announcements for specific arrangements.

• After delisting, the assets held in the RNDR savings product will automatically be returned to the spot account. You can check it in your Bitget spot account. Before this occurs, you can redeem your investment amount at any time. Please make the necessary fund arrangements based on your needs.

Futures

• Bitget will delist the RNDRUSDT futures trading pair at 03:00 on July 22, 2024 (UTC). Bitget will suspend the opening of new RNDR/USDT futures positions from July 15, 03 AM (UTC). Users will still be able to close positions, close orders, and set take-profit and stop-loss as normal.

• Users with positions on RNDR/USDT are requested to close their positions by 03:00 (UTC) on July 22, 2024, at that time, the platform will stop trading on all RNDR/USDT futures trading pairs and cancel all related orders. If you do not close your positions on time, the platform will settle and close your positions.

Loans

• Bitget Crypto Loans will delist RNDR and discontinue their corresponding lending services at 7:00 July 19, 2024 (UTC), for users who still hold RNDR loans at 7:00 July 19, 2024 (UTC), Bitget Crypto Loans will perform automated liquidation for ongoing lending orders. The remaining principal and collaterals will be returned to the user's spot account upon completion of liquidation. Users can visit the Crypto Loans page > History > Status > System Liquidation to view details.Users are strongly advised to repay loans in advance to avoid potential losses.

Disclaimer

Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk. Thank you for supporting Bitget!