Upbit Suspends RNDR Deposits, Withdrawals, and Trading for Rebranding
CryptoNewsTerminal Staff09 Aug, 2024
Upbit Suspends RNDR Deposits, Withdrawals, and Trading for Rebranding
Upbit, a major South Korean cryptocurrency exchange, has announced that it will temporarily suspend RNDR deposits, withdrawals, and trading to support the upcoming RNDR→RENDER rebranding and token swap. Deposits and withdrawals of RNDR will be suspended from August 13th, 11 AM KST, while RNDR/BTC pair trading will be suspended from August 16th, 2 PM KST. Upbit will provide further updates on the resumption of RNDR services once the rebranding and token swap are complete. In the meantime, users who hold RNDR on Upbit are advised to take necessary precautions to ensure the safety of their assets. Upbit has stated that it will not be held liable for any losses or damages incurred as a result of the rebranding and token swap.
