Support for all BinanceIDR (BIDR) service products and services will end at 23:59 (UTC) on August 19th. It is promised that starting at 08:00 (UTC) on August 20, 2024, the exchange will unilaterally convert all remaining BIDR in users' Spot and Funding wallets into FDUSD coins on behalf of users.
The exchange will delist all existing BIDR spot trading pairs, including BTC-BIDR, ETH-BIDR and USDT-BIDR, from 03:00 (UTC) on May 17.
Binance Margin will delist the USDT-BIDR margin trading pair effective May 10th, and Binance Futures will delist all BIDR trading pairs effective May 13th. Additionally, BIDR trading pairs will be excluded from Binance Pay and Binance Simple Earn starting May 13 and May 14, respectively.
The Binance team explains the decision to discontinue support for BIDR by evaluating its product range to meet user needs and preferences.
Earlier it became known that the Supreme Court of Nigeria postponed to May 17 the date for the continuation of the trial in the case of money laundering brought by local authorities against the cryptocurrency exchange Binance and two of its senior employees.
Source: Bits
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