Effective March 12, 2025, REN will no longer be supported on Newton. Support for Ren (REN) will be phased out beginning March 7, 2025, completing with liquidation of remaining assets on March 12, 2025. Read on for more information.
Why is this happening?
In early March 2025, our service providers informed us that they would be discontinuing support for REN. As a result, we’ve made the difficult decision to phase out this asset.
We understand that this may be disappointing for some users. Please know that we carefully consider these decisions and explored all possible alternatives to maintain support for REN before reaching this conclusion.
What do you need to know?
REN will be delisted soon. Key dates are as follows:
March 7, 2025: Buys will be disabled. Deposits will be disabled. Buy and sell limit orders will be disabled.
March 12, 2025: Sells will be disabled. Withdrawals will be disabled.
March 12, 2025: Any remaining REN will be liquidated. Any withdrawals must be made before March 12, 2025.
If you currently hold REN, you will be able to withdraw your holdings until March 11, 2025, 11:59 PM EDT. Holdings of these assets left on the Newton platform after 11:59 PM EDT on March 12, 2025, will be liquidated on your behalf at the current market value. The CAD proceeds from the sale(s) will be deposited into your Newton account once complete.
To avoid liquidation (automatic sell-off at market rate) of your assets, we encourage you to be proactive and withdraw your REN before March 12, 2025.
Note: Beginning March 7, 2025, deposits of REN sent to your Newton account cannot be recovered. Please refrain from funding your account with REN, and ensure to remove REN Newton wallet addresses from any address book entries you may have saved to prevent unintended transactions.
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