Dear OKX Users,
Render Network has announced a token migration plan, and OKX will fully support the transition of RNDR tokens to RENDER at a 1:1 ratio. Below are the key dates and procedures to ensure a smooth migration:
Migration Schedule
Trading Suspension
- All pending RNDR orders will be canceled.
- Spot trading pairs (RNDR/USDT, RNDR/USDC) will be suspended at 8:00 am UTC on July 9, 2024.
Deposits/Withdrawals Halt
- Transfers, deposits, and withdrawals of RNDR will be suspended at 10:00 am UTC on July 9, 2024.
Snapshot & Token Migration
- A snapshot of all RNDR holdings (funding and trading accounts) will occur at 4:00 pm UTC on July 9, 2024.
- Token migration to RENDER will follow immediately.
Important Notes
Exclusions:
- RNDR tokens mid-transfer or not yet deposited at snapshot time will not be migrated.
- Holdings below 1 RNDR (excluding open orders) are ineligible.
Sub-Accounts:
- Migrated RENDER tokens from sub-accounts will be credited to the main account.
Post-Migration:
- RENDER deposits, withdrawals, and spot trading will open later. Stay tuned for announcements.
Risk Disclosure
👉 Digital asset trading involves risks. Prices are volatile, and investments may lose value. Conduct thorough research and assess your risk tolerance before trading.
OKX does not guarantee third-party information accuracy. This notice is educational and not financial advice. Refer to:
FAQs
Q1: Will my RNDR tokens automatically convert to RENDER?
Yes, eligible tokens held at snapshot time will migrate 1:1 without further action.
Q2: When can I trade RENDER?
Post-migration services will open in phases. Follow OKX announcements for dates.
Q3: What happens to my RNDR in a sub-account?
RENDER will be sent to your main account after migration.
Q4: Why are small holdings excluded?
Transactions under 1 RNDR incur disproportionate network fees.
For assistance, contact OKX via the Support Center or Community Platforms.
Last Updated: July 2, 2024