Dear MEXCers,
As Paxos has halted minting new BUSD tokens, MEXC will delist all BUSD trading pairs and support BUSD token swap to USDT.
BUSD Delisting Arrangements:
- At 2023-12-10 06:00 (UTC), MEXC will close deposits of BUSD;
- At 2023-12-30 06:00 (UTC), MEXC will close withdraws of BUSD;
- At 2023-12-10 06:00 (UTC), MEXC will delist all BUSD spot trading pairs and cancel all pending orders of BUSD;
- At 2023-12-10 02:00 (UTC), MEXC will suspend the opening of positions for BUSD USDT-M perpetual futures.
- At 2023-12-10 05:00 (UTC), MEXC will delist BUSD USDT-M perpetual futures and use the index price at the time of delisting as the settlement price to close all positions for the mentioned trading pair. All unfilled orders will be canceled upon the delisting.
BUSD Token Swap Arrangements:
- Before 2023-12-10 06:00 (UTC), users can trade BUSD on the MEXC platform;
- Before 2023-12-30 06:00 (UTC), users can withdraw BUSD from the MEXC platform to swap their tokens;
- After 2023-12-30 06:00 (UTC), MEXC will conduct token swaps for users who still hold BUSD at a ratio of 1 (BUSD) :1 (USDT), which is expected to be completed on 3 January 2024.
Please note:
- Users are advised to search the trading pairs mentioned above using the search bar to close any open positions before delisting to minimize the risk and prevent unnecessary losses.
Learn more: Paxos Will Halt Minting New BUSD Tokens
We apologize for any inconvenience this may cause. Thanks for your support!
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Enjoy trading on MEXC.
The MEXC Team
30 November 2023
