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News Explorer — Binance to End BUSD Support on December 15, Convert User Balances to FDUSD

Generated by AI, curated by humans


Nov 29, 10:50 am
www.binance.com

Binance to End BUSD Support on December 15, Convert User Balances to FDUSD

Binance has announced that it will cease support for BUSD products on December 15, 2023. Users are encouraged to withdraw or convert their BUSD assets into other available assets on Binance before the deadline. BUSD can be converted to FDUSD at a 1:1 rate with zero trading fees. From December 31, BUSD withdrawals will be disabled and balances will be automatically converted to FDUSD at a 1:1 conversion rate for users outside of Japan, France, Italy, Poland, and Kazakhstan.

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