What is the official suggestion for busd now?

Question

Kava Official

Ercan

What is the official suggestion for busd now?

#blockchain #cryptocurrency #english #kava

0

06.12.2023

12 ответов

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Ercan Автор вопроса

Cameron | Kava (I will never DM first)
https://t.me/kavalabs/495588

When will you have a plan?

0

11 месяцев назад

Cameron | Kava (I will never DM first)

Ercan
When will you have a plan?

Binance has provided a few timelines for the end of their BUSD support. - Binance stops supporting BUSD in their products on 12/15/23 - BUSD withdraws disabled 12/31/23 (auto conversions for all BUSD held in accounts at that date) - After 12/31/23, 1:1 BUSD convert to FDUSD if you deposit into Binance until further notice (but it looks like Feb 2024 is when they would might that)

0

11 месяцев назад

Ercan Автор вопроса

Cameron | Kava (I will never DM first)
Binance has provided a few timelines for the end o...

Thanks but what about kava app? What's the most fee beneficial way to convert busd?

0

11 месяцев назад

Rakunso

Cameron | Kava (I will never DM first)
Binance has provided a few timelines for the end o...

Thanks for the Update Cameron. This means it will be still possible after 31.12 to withdraw busd to trust wallet onto binance beacon chaim and then send it to binance to do a 1 to 1 change to the new FDUSD?

0

11 месяцев назад

Cameron | Kava (I will never DM first)

Ercan
Thanks but what about kava app? What's the most fe...

I haven't heard of any plans for BUSD on the Kava web app, but users are encouraged to follow Binance's recommendations.

0

11 месяцев назад

Cameron | Kava (I will never DM first)

Rakunso
Thanks for the Update Cameron. This means it will ...

I'm not entirely sure about that. It is recommended that you contact Binance's support team for more details.

0

11 месяцев назад

Rakunso

Cameron | Kava (I will never DM first)
I'm not entirely sure about that. It is recommende...

I will don't worry but my question is if I can withdraw fro kava to beacon chain this is not up to binance

0

11 месяцев назад

Cameron | Kava (I will never DM first)

Rakunso
I will don't worry but my question is if I can wit...

I'm not 100% sure about that.

0

11 месяцев назад

Jock Pol

Cameron | Kava (I will never DM first)
Binance has provided a few timelines for the end o...

It’s this for exchange or for their wallet or both

0

11 месяцев назад

Cameron | Kava (I will never DM first)

Jock Pol
It’s this for exchange or for their wallet or both

The support for BUSD is ending, which means it will no longer be valued as $1 on Binance products.

0

11 месяцев назад

Rakunso

Cameron | Kava (I will never DM first)
I'm not 100% sure about that.

There are still a lot of BUSD on earn and LEND so I guess Kava should be sure about how users can withdraw those. Please clarify this with the team nobody wants this uncertainty ad it makes zero sense to not be clear about that to your users

0

11 месяцев назад

Cameron | Kava (I will never DM first) · Accepted Answer

Cameron | Kava (I will never DM first)

https://t.me/kavalabs/495588

0

11 месяцев назад

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What is the official suggestion for busd now?

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