FTX wallet adds support for BUSD and BNB tokens on the Binance Smart Chain
FTX wallets now actively support withdrawals for Binance USD (BUSD) and BNB, both native to the Binance Chain and will soon enable users to make deposits via BSC BEP20 tokens. In what seems like an ongoing streak towards market penetration, prominent crypto exchange FTX has launched support for BSC BEP20 tokens within its wallet services. While no official announcement was made, FTX CEO Sam Bankman-Fried confirmed the development by saying:“ftx.com/wallet now supports BSC for BUSD and BNB! (Withdrawals are live -- I *think* deposits are; otherwise they will be very soon.)”Based on the....
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The world’s largest exchange, Binance, has announced plans to delist eight Binance USD (BUSD) trading pairs as the company looks to withdraw full support of the stablecoin by 2024. This follows increased regulatory pressure on the stablecoin in 2023, which has led to a drastic decline in its market share so far. Binance To Delete Nine Margin Trading Pairs By September 7 In a blog post on Wednesday, Binance laid out intentions to delist eight BUSD cross margin and isolated trading pairs. These include AMB/BUSD, DASH/BUSD, FIDA/BUSD, HARD/BUSD, HOT/BUSD, NULS/BUSD, PORTO/BUSD and....
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