Dear valued users,

As Paxos has halted minting of new BUSD Tokens,BIB Exchange will gradually cease support for BUSD products. Announcements will be released for any impacted services. Please be assured that BUSD will always be backed 1:1 by USD.

BIB Exchange will continue to support multiple stablecoins and digital assets on its platform. BIB Exchange encouraged Users to convert their BUSD assets into other available Stable Coins or Digital Assets on the platform.

Deposit, Withdrawal and Spot Trading Services:

  • BIB will suspend deposit and withdrawal services on September 4, 2023 00:00 (GMT+8).
  • BIB will still continue to support BUSD Spot Trading until further notice.

Thank you for your participation. If you have any questions, please contact BIB Customer Service.

BIB Operations Team

September 2 2023

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