Major cryptocurrency exchange FTX has launched support for BUSD (Binance USD) and BNB (Binance Coin), which are BEP-20 tokens on the Binance Smart Chain.
Although no official announcement was made, the CEO of FTX Sam Bankman-Fried made a public statement on Twitter:
https://t.co/sXsXgpU6fO now supports BSC for BUSD and BNB! (Withdrawals are live — I *think* deposits are; otherwise they will be very soon.) https://t.co/wgYx2o5zUr pic.twitter.com/lKDSwbE53I
— SBF (@SBF_FTX) August 5, 2021
According to the information available, FTX wallets actively support withdrawals for BUSD and BNB, while the deposits will be enabled soon.
The services are not available for the US region yet, mainly due to the jurisdiction surrounding crypto in the country. Bankman-Fried stated in an interview that the government may require three to five years to clarify the regulations for crypto business.
