Bithumb Suspends RNDR Transactions Amid Rebranding
CryptoNewsTerminal Staff12 Aug, 2024
Bithumb Suspends RNDR Transactions Amid Rebranding
Bithumb, a major cryptocurrency exchange, recently announced that it will temporarily suspend Render Token (RNDR) deposits and withdrawals. The suspension will take effect on August 14, 2023, at 11:30 AM (UTC). This move is in line with RNDR's upcoming rebranding and network transition. Bithumb stated that the suspension is necessary to facilitate these changes and ensure a smooth transition for its users. During the suspension period, RNDR holders will not be able to deposit or withdraw their tokens on Bithumb. However, trading of RNDR will remain unaffected. Bithumb expects to resume RNDR deposits and withdrawals once the rebranding and transition are complete. The exact timeline for the resumption of RNDR transactions is yet to be determined. Bithumb has advised its users to stay updated through official announcements and social media channels for further information.
