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      Binance Will Support the TrueUSD (TUSD) Contract Swap

      Fellow Binancians,

      Binance will support the TrueUSD (TUSD) contract swap on BNB Smart Chain, with the following timeline:

      • At 2023-06-12 08:00 (UTC), deposits and withdrawals of TUSD on BNB Smart Chain (BEP20) will be suspended.

      • Spot trading, margin trading, Binance Pay, VIP Loan and Simple Earn subscriptions will not be affected during the contract swap.

      • Binance will handle all technical requirements involved for all users holding TUSD in their Binance accounts.

      • A separate announcement will be made once the contract swap is complete and deposits and withdrawals of TUSD (BEP20) are open.

      • After the contract swap, old TUSD (BEP20) tokens will assume TUSDOLD as the ticker. Users who deposit TUSDOLD via the old TUSD (BEP20) smart contract will be able to swap these tokens for new TUSD (BEP20) tokens using the convert function.

      • Old TUSD (BEP20) smart contract address: 0x14016E85a25aeb13065688cAFB43044C2ef86784

      • New TUSD (BEP20) smart contract address: 0x40af3827F39D0EAcBF4A168f8D4ee67c121D11c9

      • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

      For further information, please refer to the following: 

      • TUSD Launches on BNB Chain as a Native Token

      • TrueUSD Natively Deployed Networks

      Thanks for your support!

      Binance Team

      2023-06-08

      Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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      Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

      Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see ourTerms of Use andRisk Warning.

      Read the original article at binance

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