Rebrand Ticker: RNDR to RENDER Get Support from Big CEX

Bittime - Render Network has officially rebranded its ticker from RNDR to RENDER. This decision received support from one of the Big CEXs, namely Crypto.com. Find out more in this article!

Gradual Change of RNDR to RENDER

The process of changing RNDR to RENDER will take place in stages on the platform. As a first step, the RNDR perpetual contract will be delisted from the Crypto.com Exchange on July 16, 2024 at 08:00 UTC. 

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Users are advised to close their positions before the deadline. If there are still open positions after that, the system will perform automatic settlement based on TWAP (Time-Weighted Average Price) with applicable taker fees.

Furthermore, on July 22, 2024, RNDR tokens, both ERC-20 and Cronos based, will be permanently removed from the Crypto.com App and Exchange. 

This means that trading activities, deposits and withdrawals for RNDR will no longer be possible starting at 01:00 UTC (on the app) and 02:00 UTC (on the exchange).

RNDR Will be Converted into RENDER with Ratio 1 : 1

However, users don't need to worry. These major exchanges will automatically convert existing RNDR tokens into RENDER tokens in the future. 

This conversion process will maintain a 1:1 ratio based on user holdings in the Crypto.com App and Exchange. In other words, the number of tokens owned by users will not decrease. 

Users do not need to take any action for this conversion process. Further information regarding the re-listing of RENDER tokens on applications and exchanges will be announced later.

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About RENDER

RENDER, previously known as Render Network, is a peer-to-peer (P2P) network. This network allows artificial intelligence (AI) applications and entertainment producers to rent unused GPU capacity. 

With the RENDER token (formerly RNDR) as the native coin, the network plays an important role in providing supporting infrastructure for various AI-based projects. 

This name transformation is expected to further strengthen RENDER's presence in the realm of technology and encourage progress in the field of artificial intelligence.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.