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Notice Regarding the Conversion of BUSD (Delisted) to USDT and BMX

Dear BitMart Users,

 

With Paxos halting the minting of BUSD, BitMart has delisted BUSD trading pairs as of December 8, 2023, and stopped supporting BUSD withdrawal requests on February 8, 2024 (BUSD delisting announcement link).However, it has come to our attention that many users have not duly withdrawn their BUSD assets within the specified timeframe. To protect your interest, we have decided that:

 

  • For users holding BUSD assets of the value of more than 5 USDT, such BUSD will be automatically converted to USDT at a 1:1 ratio;
  • For users holding BUSD assets of the value of or less than 5 USDT, such BUSD will be automatically converted to BMX at a 1:4.56662 ratio.

 

The conversions listed above will be implemented on Feb 28, 2024 at 0:00 UTC.

 

If you have any questions or concerns, please don't hesitate to contact our customer service team. Our online support is available 24/7 to assist you.

 

Thank you for your understanding and support.

 

BitMart Team

February 26, 2024

 

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