Binance has successfully undertaken the conversion of BUSD token balances to FDUSD for all eligible users. Participants can acknowledge the receipt of their respective FDUSD tokens by monitoring their Distribution History or Conversion History page.
It should be noted that all eligible BUSD funds in users' Spot and Funding Wallets were converted at a 1:1 ratio to FDUSD. Binance provided the conversion routes through multiple smart contract addresses, including ERC20, BEP20, and opBNB formats.
Deposits for BUSD tokens have resumed in full swing. Users can continue to deposit BUSD tokens. Any successful BUSD token deposits will be converted to FDUSD at a 1:1 conversion ratio for eligible users. This will occur on a daily basis during weekdays, with the possibility of pauses without prior notice.
For those who wish to manually swap their BUSD tokens for FDUSD tokens, they can do it at a 1:1 conversion rate using the Binance Convert feature. This option will be available until further notice.
