Hope everyone is well. Alhamdulillah I am fine too. Today I will share a very important update with you. We all know Binance. And almost most people trade on binance. The stable coin of binance is busd coin. We can no longer use Busd coin.

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Because binance will stop providing busd coin supply from 2024. Why is it being talked about now? Well, all I know about this reason is that busd coin is going to shut down due to a lawsuit. But I don't know how true it is. But it is sure that busd coin is going to close. For those of you who visit binance regularly, hopefully a pop-up has appeared in the notification. Those who bought busd coin on binance should convert it to another coin soon.

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I think binance may have a new stable coin lunch very soon. But it might come around 2024. If you have busd coins on binance it is better to sell or convert them to other coins. Because the price of this coin will go up and down now. It may not be stable anymore. So I'm talking about doing it. Otherwise you might end up losing.

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Apart from busd there are usdt coins you can depend on them. Also the condition of bnb coin is not good at present. All in all binance is in big trouble right now. But we hope binance will not scam it. They will try to stay in the market. But those who are big investors should keep some coins in other extremes. So that was today's update. Share if you like the post. Seen in a new post.