Dear CoinEx users,
According to the project announcement, the RNDR (Render token) will be swapped and renamed to RENDER (Render token). As a prerequisite for the token swap and rename, CoinEx will delist the RNDRUSDT margin trading pair and linear contract on Jul 16, 2024 (UTC). The details are as follows:
1. Delisted Margin trading pair and linear contract
Margin trading pair: RNDR/USDT
Linear contract: RNDRUSDT
The settlement price of RNDRUSDT is: 6.3707 USDT
Note: Delisting of margin trading pairs does not affect the spot trading of corresponding trading pairs.
2. Delisting Time
07:00 on Jul 16, 2024(UTC)
3. Delisting Timeline
(1) Crypto loan services of the above margin trading pair will be suspended on July 11, 2024 (UTC).
(2) After delisting, all submitted orders in the above markets will be canceled.
(3) For users holding positions of the above margin trading pair and Linear Contract, please close your positions in advance, or they will be automatically liquidated at 07:00 on Jul 16, 2024(UTC).
4. Risks
(1) Futures trading is an innovative investment product, and we strongly suggest that all users evaluate the risks they can handle before participating.
(2) More Futures Contracts will be launched, please stay tuned. For more information, please click HERE.
(3) Margin Trading not only allows you to magnify gains with fewer funds but can also saddle you with amplified losses when the market moves against you. Therefore, we strongly advise entry-level users not to use highly leveraged trading to avoid forced liquidation or even bankruptcy.
(4) Margin traders should also reasonably use leverage, adjust their positions, and learn when to take profits or cut losses by liquidating positions.
(5) For details about leveraged products, please go to Help Center.
CoinEx reserves the final right of interpretation of this announcement.
CoinEx Team
Jul 11, 2024