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      First Digital USD(FDUSD) New Listing on Binance

      Listing

      Binance will list the new stablecoin First Digital USD (FDUSD) and open trading for new spot trading pairs at 2023-07-26 08:00 (UTC).

      • New spot trading pairs: BNB/FDUSD, FDUSD/BUSD and FDUSD/USDT.

      • Users can start depositing FDUSD now.

      • Withdrawals for FDUSD will open at 2023-07-27 08:00 (UTC).

      • FDUSD Listing Fee: 0 BNB.

      Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.

      Start Trading on Binance Spot Now!

      FDUSD Zero Maker Fee Promotion

      To celebrate the launch, Binance is introducing a zero maker fee promotion for FDUSD trading pairs. During the promotion period, all users will be eligible to enjoy zero maker fees on all FDUSD spot trading pairs, as well as any new FDUSD spot and margin trading pairs.

      Validity Period: 2023-07-26 08:00 (UTC) until further notice

      FDUSD to Be Added to the Zero Trading Fee Promotion

      Binance will also be adding FDUSD to the zero trading fee promotion for USD stablecoin pairs. During the promotion period, users will enjoy zero maker and taker fees on the FDUSD/BUSD and FDUSD/USDT spot and margin trading pairs.

      Validity Period: 2023-07-26 08:00 (UTC) until further notice

      About FDUSD

      FDUSD (First Digital USD) is a 1:1 USD-backed stablecoin issued by FD121 Limited, operating under the brand name of First Digital Labs. FDUSD offers users a reliable digital currency aimed at reducing the impact of volatility in the cryptocurrency market, enhancing the efficiency of financial transactions by lowering transaction costs, and offering faster, more secure transactions. FDUSD is a programmable stablecoin enabling the execution of financial contracts, escrow services, and insurance without intermediaries.

      FDUSD is backed by high-quality reserves - cash and cash equivalents, meaning that users can redeem their FDUSD tokens for their equivalent value in US dollars. Users can trust that FDUSD is always 1:1 backed. This underscores First Digital’s commitment to operating in a transparent and secure manner, providing users with increased trust and confidence in the stability of the stablecoins.

      FDUSD’s reserve account is audited by independent third parties such as Prescient Assurance, whose attestation reports will be publicly shared every month. Users can visit First Digital Labs' official website for the latest reserve details.

      FDUSD is available on Ethereum and BNB Chain with planned support for an increasing number of blockchains. For more information, visit firstdigitallabs.com or check out its whitepaper.

      Details:


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