tgoop.com/nominex_announcements/1991
Last Update:
Nominex being Binance's broker will have to cease the Trading, Depositing and Withdrawing of BUSD.
Please be informed that on 2023-12-31:
- All withdrawals of BUSD will be ceased permanently.
- All BUSD balances in Spot Wallets will be automatically converted to FDUSD at a 1:1 conversion rate.
- BUSD deposit will be suspended during the “Auto convert”, and resume later after the “Auto convert” is completed.
- From 2023-12-11 to 2023-12-15 Spot will delist all BUSD pairs.
- 2023-12-15 Binance will delist all BUSD pairs except converting BUSD to FDUSD at a 1:1 conversion rate.
- 2023-12-29 Conversion of BUSD to FDUSD will be temporarily suspended until the platform auto conversation is completed.
Notes to our users:
- For clients of the below countries the “Auto convert” of assets will NOT happen: Japan, France, Italy, Poland, and Kazakhstan
- It is strongly recommended to exchange existing BUSD assets or position to other assets before 2023-12-15.
If you have any questions regarding this cease event, feel free to contact us in our telegram community or by email at [email protected]
More details can be found at the Binance announcement page: https://www.binance.com/en/support/announcement/notice-regarding-the-removal-of-busd-and-conversion-of-busd-to-fdusd-1c98ce7bb464422dbbaeda7066ae445b
BY Nominex News Channel
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