Dear Bitunix users,
Bitunix will support the Render (RNDR) token swap and rebranding to Render (RENDER). For more information about the rebranding, please refer to the announcement from the project team.
Deposit and Withdrawal
Bitunix will suspend the deposit and withdrawal service for Render (RNDR) token at 02:30 on July 21, 2024 (UTC). Please note that any deposit of RNDR token after will not be credited to your account.
Bitunix will make a separate announcement when the swap and redenomination completes.
Token Swap and Redenomination
RNDR tokens will assume the ticker of RENDER for the token swap.
All RNDR tokens will be swapped to RENDER at a ratio of 1 RNDR = 1 RENDER
Spot Trading
Bitunix will delist RNDR/USDT trading pair from spot market at 02:30 on July 21 2024 (UTC).
All orders will be automatically removed after trading ceases in each respective trading pair.
Bitunix will list RENDER/USDT trading pair to spot market at 09:00 on July 26 2024 (UTC).
Futures Trading
Bitunix will close all positions on the RNDR/USDT USDT-M Perpetual Futures trading pair at 08:00 on July 16, 2024 (UTC). All unfilled orders will be cancelled. RNDR/USDT trading pair will be delisted after the settlement is complete. Users are advised to close any open positions prior to delisting to avoid automatic settlement.
In order to protect users and prevent potential risks in extremely volatile market conditions, Bitunix may undertake additional protective actions toward the RNDR/USDT trading pair without further announcement, including but not limited to adjusting the risk limit tiers, maximum leverage value, position value, and maintenance margin rate, updating funding rates, such as the interest rate and funding rate, and using the Last Price Protected mechanism to update the Mark Price.
A separate announcement will be made regarding the listing time of RNDR/USDT perpetual futures trading pair.
*Risk Warning:
The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Bitunix attempts to screen all projects before they come to market. However, even with the best due diligence, there are still possible risks when investing. Bitunix is not liable for investment gains or losses.
Regards,
Bitunix Team
July 10 2024
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