Cryptocurrency Q&A Is Busd shut down?

Is Busd shut down?

Valentina Valentina Thu Aug 01 2024 | 2 answers 588
I'm curious, has there been any news or official statement about the status of Binance USD (BUSD)? Specifically, is there any indication that BUSD has been shut down or is facing any significant challenges that could affect its stability or availability? As a user and investor in the cryptocurrency space, I'm keen on staying informed about the latest developments surrounding popular stablecoins like BUSD, and I'm hoping to get some clarity on this matter. Is Busd shut down?

2 answers

Margherita Margherita Sat Aug 03 2024
This means that users will no longer be able to trade, deposit, or withdraw BUSD on the Binance platform after this date.

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Valentino Valentino Sat Aug 03 2024
This means that holders of BUSD can still exchange their tokens for USD at any time during this period.

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