BEP2-TUSD Holders Must Convert Tokens to TUSD Before July 31!

Bittime - Stablecoin TrueUSD remind all BEP2-TUSD token holders to immediately convert their tokens to other TUSD network standards before July 31, 2024. This announcement coincides with the planned decommissioning of the BNB Beacon Chain, resulting in the loss of unconverted assets after August.

BEP2-TUSD Token Conversion to TUSD

In the crypto world, token conversion between networks is essential to maintain the security and accessibility of funds. TrueUSD emphasizes that token holders BEP2-TUSD must immediately carry out the conversion to avoid potential asset losses. This move was taken in response to the planned shutdown of the BNB Beacon Chain, which has long been one of the main networks for transactions BEP2-TUSD.

Platform for Conversion BEP2-TUSD to TUSD

TrueUSD provides two main platforms for this token conversion process, the official site TrueUSD and Binance. Token holders can visit both official sites and follow the given steps to perform the conversion. This process is designed to be easy to follow and ensure the security of user funds.

Important Dates of BEP2-TUSD Conversion

TrueUSD emphasizes that the final cut-off date for conversion is July 31, 2024. After this date, unconverted assets may be lost as the BNB Beacon Chain discontinues in August. Therefore, it is very important for all holders BEP2-TUSD to take immediate action and ensure that their funds are protected.

BNB Beacon Chain Outage

BNB Beacon Chain, previously known as Binance Chain, has become one of the main blockchain networks for various tokens, including BEP2-TUSD. However, as technology and market needs evolved, Binance decided to shift their focus to a newer and more efficient network.

This announcement has generated various reactions from the crypto community. Many token holders have expressed their concerns about potential asset losses if they do not convert immediately. However, most also appreciate proactive steps TrueUSD in providing clear information and guidance about the conversion process.

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor graphic movement Bitcoin (BTC) price, Ethereum (ETH), Solana (SUN) and other cryptos to find out today's crypto market trends in real-time on Bittime.