{"id":3511,"date":"2023-09-01T18:00:09","date_gmt":"2023-09-01T18:00:09","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=3511"},"modified":"2023-09-01T07:42:45","modified_gmt":"2023-09-01T07:42:45","slug":"busd-will-be-ended-by-binance-in-2024","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/busd-will-be-ended-by-binance-in-2024\/","title":{"rendered":"BUSD will be ended by Binance in 2024."},"content":{"rendered":"<p><strong>BUSD <\/strong>coin trading will stop on Binance in 2024. <strong>Binance<\/strong>, an international cryptocurrency exchange, has made an announcement about BUSD coin.<\/p>\n<blockquote><p><span style=\"font-size: 120%;\">You might like <strong><span style=\"text-decoration: underline;\"><a href=\"https:\/\/coinengineer.net\/blog\/what-is-binance-usd-busd\/\" target=\"_blank\" rel=\"noopener\">What is Binance USD ($BUSD)?<\/a><\/span><\/strong><\/span><\/p><\/blockquote>\n<p>According to an announcement which is published on August 31 by <strong>Binance<\/strong>, users should convert their <strong>BUSD<\/strong> coin assets to other alternative stablecoins. However, it is clear that the value of the coin won&#8217;t change. Additionally, Binance exchange will progressively reduce its support on <strong>$BUSD<\/strong>, and it will make an announcement about services damaged. Previously, <strong>Paxos<\/strong> had made an announcement to stop the mining of $BUSD tokens.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-3522 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Binance-BUSD-660x1024.png\" alt=\"Binance BUSD\" width=\"660\" height=\"1024\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Binance-BUSD-660x1024.png 660w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Binance-BUSD-193x300.png 193w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Binance-BUSD-768x1192.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/09\/Binance-BUSD.png 773w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/p>\n<p>Despite the decrease in support of BUSD$, Binance will continue its commitment to other coins. Therefore, it suggests that users should convert $BUSD to other assets before February 2024.<\/p>\n<blockquote>\n<p class=\"entry-title\"><span style=\"font-size: 120%;\">You may like <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/coinengineer.net\/blog\/how-to-use-binance-mobile-application-detailed-binance-mobile-usage\/\" target=\"_blank\" rel=\"noopener\">How To Use Binance Mobile Application? Detailed Usage<\/a><\/strong><\/span><\/span><\/p>\n<\/blockquote>\n<p>Thus, Binance will delist <strong>$BUSD<\/strong> on margin and spot progressively. It says that they will explain the delist news soon. However, users will be able to move on to trading other assets with various stablecoins pairs.<\/p>\n<p>Furthermore, <strong>Binance<\/strong> is going to suspend lending $BUSD on cross margin at 09.00 on September 7 of this year. Also, users who use cross-margin and portfolio margin won&#8217;t add <strong>$BUSD<\/strong> to their wallet but they have permission to use other coins.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/accounts.binance.com\/en\/register?ref=DGQ4AGL8\" target=\"_blank\" rel=\"noopener\">To register for Binance with 20% discount click here.<\/a><\/strong><\/span><\/p>\n<hr \/>\n<p>You can share your opinions in the comments about the topic. Also, follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Twitter<\/strong><\/a>, and\u00a0<strong><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a><\/strong>\u00a0for more content like this.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BUSD coin trading will stop on Binance in 2024. Binance, an international cryptocurrency exchange, has made an announcement about BUSD coin. You might like What is Binance USD ($BUSD)? According to an announcement which is published on August 31 by Binance, users should convert their BUSD coin assets to other alternative stablecoins. However, it is<\/p>\n","protected":false},"author":1,"featured_media":3512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[22,485,486,487,1151],"class_list":["post-3511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-binance","tag-binance-usd","tag-busd","tag-paxos","tag-stablecoins"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BUSD will be ended by Binance in 2024. - Coin Engineer<\/title>\n<meta name=\"description\" content=\"BUSD coin trading will stop on Binance in 2024. 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