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  4. USDC, USDP & TUSD will be removed on Binance exchange

USDC, USDP & TUSD will be removed on Binance exchange

oliverchloe
2022-10-21 06:41:18

Okay so since it's about competition, we only have until September 29 to see USDC, USDP and TUSD on the Binance exchange. If we don't convert them on or after Sept 29, they're automatically gonna convert them to BUSD.

Anyways, I still have USDC on Polygon mainnet, Solana, etc., in my non-custodial wallets so after September 29 I need to convert them to USDT before depositing.

Any thoughts, reactions or opinions about this one guys? Would like to hear more from the community. Thanks in advance.

Post Reply  
AndreasMAntonopoulos
2022-10-21 06:42:04

In my opinion, it will not significantly affect the crypto space as these coins practically have the same value. The move to consolidate trading pairs is also good since traders will converge into BUSD pairs hence more liquidity, better spread, depth, etc. At the moment they will still support USDT though since it has a bigger market share, but I won't be surprised if they remove USDT as well in the near future, considering I also use more BUSD (with cheap Smart Chain) instead of USDT recently.