Binance has completed the conversion of remaining BUSD tokens to FDUSD for eligible users.
Users can confirm receipt of FDUSD tokens by checking the Distribution History or Conversion History page.
All eligible BUSD balances in users’ Spot and Funding Wallets were converted to FDUSD at a 1:1 conversion rate.
Deposits for BUSD tokens have started in full. Users can continue to deposit BUSD tokens.
Successful BUSD token deposits will be converted to FDUSD at a 1:1 conversion ratio for eligible users on a daily basis on weekdays and may be paused without prior notice.
Alternatively, users can manually exchange these BUSD tokens for FDUSD tokens at a 1:1 conversion rate on Binance Convert until further notice.
Withdrawals for BUSD tokens are no longer supported.
As Paxos stopped producing new BUSD, Binance informed its customers that it will gradually end support for BUSD products.