Retirement of BUSD on BTSE

By BTSE Published 1 min read
BTSE Important Update

Dear BTSE Users,

In alignment with our commitment to excellence and ongoing evaluation of our asset offerings, we have decided to retire the stablecoin BUSD (Binance USD) from our platform. This decision follows Binance’s announcement to discontinue BUSD. Please note that starting today, deposit, conversion, and OTC functionalities for BUSD will no longer be available. Any open orders involving BUSD will be automatically closed.

The retirement of BUSD on BTSE will take place as follows:

Thursday, December 15, 2023: Deposit services for BUSD will cease.

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Thursday, December 28, 2023: Withdrawal services for BUSD will be discontinued.

Friday, December 29, 2023: All user-held BUSD on BTSE will be automatically converted to FDUSD (First Digital USD).

This measure ensures our continued provision of high-quality services and assets, adapting to the dynamic needs of our user base. We appreciate your understanding and support as we strive to maintain BTSE’s position as your favorite crypto exchange.

Sincerely,

The BTSE Team

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Disclaimer. This article is for informational purposes only and does not constitute financial, investment, or trading advice. Digital asset prices are volatile and you may lose the entire value of your position. Availability of products varies by jurisdiction. Consider your circumstances and seek independent advice where appropriate.

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