FTX Adds Support for BUSD and BNB on The Binance Smart Chain to its Wallets
Crypto Dost - Flickr
Reading Time: < 1minute
Cryptocurrency derivatives exchange FTX has recently announced it has decided to add support for the tokens BUSD and BNB on the Binance Smart Chain to its wallets.
According to the company, it will soon allow its users to make deposits through BSC BEP-20 tokens.
FTX CEO Sam Bankman-Fried has confirmed the move on Twitter:
Nevertheless, this new feature is not available to US residents and other prohibited jurisdictions.
According to the company CEO, governments still need about 3-5 years before they can provide enough regulatory clarity. FTX has recently decided to limit the leverage for users from 101x to 20x in order to reduce the risks associated to crypto trading.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
