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Announcement: Permanently ceased to support BUSD trading (buy/sell) and deposit services from the digital exchange platform.

By orbix • Publish in Announcement • Dec 15,2023 • 4 min read

Announcement: Permanently ceased to support BUSD trading (buy/sell) and deposit services from the digital exchange platform.

According to the announcement of the delisting of Binance USD (BUSD) from our digital asset trading platform. Orbix Trade Co., Ltd. decision therefore to BUSD will be delisted from the digital exchange platform of the Company, as the asset is no longer qualified as per the Company’s listing policy.

We would like to inform all clients who hold BUSD that the company has permanently ceased to support BUSD trading (buy/sell) and deposit services from the digital exchange platform.

However, you can still proceed with the transaction to withdraw your BUSD coins before the delisting process, to mitigate risks and uncertainties associated with their holdings, please plan the transactions related to your BUSD coins according to the information and details in the summary in the below.

The schedule for the delisting of BUSD is as follows:

  • Deposits of BUSD: Services available until 15 December 2023, 03:00 PM (GMT+7)
  • Trading of BUSD: Services available until 15 December 2023, 03:00 PM (GMT+7)
  • Withdrawals of BUSD: Can be made until 8 January 2024, 03:00 PM (GMT+7)

Permanently cease to support BUSD withdrawal

  • Customers whose BUSD holdings remain in their wallets after the cease of withdrawal are suggested to contact our Customer Support (support@orbixtrade.com) or call 02-026-6107 for further assistance.
  • The value of assets may change during the volatility of the digital asset market.

Remark*

If orbix customers do not withdraw their BUSD holdings before the permanent cessation of BUSD withdrawal services.

  • orbix will consider consent by the customer to transfer the remaining BUSD in the orbix Exchange from the BNB Smart Chain (BEP-20) network to the Ethereum (ERC-20) network.
  • As digital asset investments are risky, please educate yourself and understand the risks before trading BUSD. Exercise caution and consider market volatility and price fluctuations.

orbix does not accept liability for any loss or damage, including but not limited to loss of profit, which may arise directly or indirectly from announcements or information presented in this notice. orbix reserves the right to make changes and amendments, which will be announced subsequently.

You can check the minimum withdrawal amount conditions at: https://www.orbixtrade.com/exchange/en/coin-info

We sincerely apologize for the inconvenience caused and thank you for your trust and support as always.

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For further information :

Live Chat: orbixtrade.com/en/live-chat

E-mail: support@orbixtrade.com

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