Bitkub Exchange to support token upgrade of Render (RNDR) to Render (RENDER) on Solana Network

Following the new operations plan for the token issuer of Render (reference), Bitkub Exchange will support the upgrade of Render (RNDR) to Render (RENDER) tokens. Please see the details below.

Change of token’s name

• Current token’s name: Render (RNDR)

• New token’s name: Render (RENDER)

Change of network 

• Current network: Ethereum Network (ERC-20)

• New network: Solana

Token ratio after the upgrade

• According to the Render token issuer’s guideline, RNDR tokens will be changed to RENDER tokens at a ratio of 1:1 (1 RNDR: 1 RENDER).

Schedule

• Bitkub Exchange will further announce the schedules for related processes to upgrading RNDR to RENDER tokens including the deposit, withdrawal, and trading (buy-sell) termination/activation of RNDR and RENDER respectively on our official communication channels. Please follow us closely for more updates.

• Trading of RNDR is available until the Company begins the token upgrade to RENDER according to the schedule which will be announced further.

• The Company will change the RNDR tokens stored in all Bitkub wallets to RENDER automatically; the customers who hold RNDR tokens on Bitkub Exchange do not need to process anything concerning this upgrade. Once the token upgrade is completed, the RENDER tokens will be stored in RENDER wallets on Bitkub Exchange.

• If you do not consent to Bitkub Exchange to upgrade your RNDR tokens in your Bitkub wallet to RENDER tokens, please consider managing your digital assets carefully before the said token merge according to the schedule that will be announced further.

For more information about the token upgrade announced by the token issuer, please click here.

Remarks:

• Please follow us for official updates and consider managing your RNDR holding properly before the deactivation of deposit, withdrawal, and trading of RNDR according to the schedule which will be announced further.

• Bitkub Exchange reserves the right in its sole discretion to amend or change these announcement details, and we will notify you further if there is any change.

• The prices of RNDR and RENDER may differ. Please manage your assets carefully before we upgrade the remaining RNDR on the system to RENDER tokens per this announcement. You can check the international market price of RNDR here and RENDER here.

• The asset price may fluctuate due to the market mechanism. Please do research and make a careful investment decision. 

• The criteria and conditions mentioned in the referred announcement of the Render team are determined by the Render team solely.

• Cryptocurrency investment is classified as a high-risk investment. Before making investment decisions, please consider the risks and invest wisely. 

Thank you for your trust and continued support.