BIDRUSDT
BIDR / Tether USD
crypto Composite

Hi there,
The post from May 6 states:
---
"According to an official announcement: Binance is set to discontinue all support for BIDR products and services. Effective August 20, 2024, 08:00 UTC, Binance is urging BIDR holders to convert their assets into other Binance-supported currencies or crypto. Any leftover BIDR balances after this date will automatically translate into FDUSD based on real-time exchange rates at xe.com.
Until August 19, 2024, 23:59 UTC, Binance will continue to support BIDR deposits and withdrawals. Post this date and time, remaining BIDR in users' Spot and Funding wallets will be converted into FDUSD, taking approximately up to 24 hours or longer. The converted FDUSD tokens will be dispatched to users' Spot wallets.
Spot trading pairs including BTC/BIDR, ETH/BIDR, and USDT/BIDR will be delisted from May 17, 2024, 03:00 UTC. Simultaneously, Binance Margin will delist the USDT/BIDR isolated margin pair by May 10, 2024, 06:00 UTC, suspending margin borrowing for this pair three days prior on May 7, 2024, 06:00 UTC.
As for Binance Convert, it will eliminate all BIDR trading pairs by May 13, 2024, 04:00 UTC, the same date that Binance Pay will remove BIDR from its list of supported stablecoins.
Binance Auto-Invest will delist BIDR after May 11, 2024, 02:00 UTC. Subsequently, Binance Simple Earn will follow the course and delist BIDR after May 14, 2024, 03:00 UTC."
---
The official announcement this text refers to can be found [here](https://www.binance.com/en/support/announcement/binance-encourages-users-to-convert-bidr-to-other-currencies-before-august-20-2024-92e725bfce644fbdb17f411db26c324b).
Please try using this link to see if you can access the content.
Responding to your main question, the text states that from 2024-08-20 08:00 (UTC), any remaining BIDR balances in users’ Binance accounts will be automatically converted to FDUSD based on the real-time exchange rate on xe.com.
For you to check if the information in this announcement is still updated regarding how it applies to your account, please reach out to our chat support. To start a live chat with our customer support:
1. Go to [https://www.binance.com/en/chat](https://www.binance.com/en/chat)
2. Log into your account or choose “Continue as Visitor” if you cannot log in.
3. Scroll down and click on "Get Support"
4. Select the closest category to your issue
5. After the automatic reply from the chatbot, kindly click on: Unsolved >> Not relevant > Yes, Transfer to customer service. \^LP

Hi can someone post the text in this article about BIDR delisting. Not able to read Binance articles as they are restricted in my country.
From what CS has told me, my BIDR will convert into FDUSD on 2024-08-20. If this is not what will happen, what options do I have?
https://www.binance.com/en/square/post/2024-05-06-binance-announces-discontinuation-of-bidr-services-urges-users-to-convert-currency-before-august-2024-7727495458034

Hi there,
The post from May 6 states:
---
"According to an official announcement: Binance is set to discontinue all support for BIDR products and services. Effective August 20, 2024, 08:00 UTC, Binance is urging BIDR holders to convert their assets into other Binance-supported currencies or crypto. Any leftover BIDR balances after this date will automatically translate into FDUSD based on real-time exchange rates at xe.com.
Until August 19, 2024, 23:59 UTC, Binance will continue to support BIDR deposits and withdrawals. Post this date and time, remaining BIDR in users' Spot and Funding wallets will be converted into FDUSD, taking approximately up to 24 hours or longer. The converted FDUSD tokens will be dispatched to users' Spot wallets.
Spot trading pairs including BTC/BIDR, ETH/BIDR, and USDT/BIDR will be delisted from May 17, 2024, 03:00 UTC. Simultaneously, Binance Margin will delist the USDT/BIDR isolated margin pair by May 10, 2024, 06:00 UTC, suspending margin borrowing for this pair three days prior on May 7, 2024, 06:00 UTC.
As for Binance Convert, it will eliminate all BIDR trading pairs by May 13, 2024, 04:00 UTC, the same date that Binance Pay will remove BIDR from its list of supported stablecoins.
Binance Auto-Invest will delist BIDR after May 11, 2024, 02:00 UTC. Subsequently, Binance Simple Earn will follow the course and delist BIDR after May 14, 2024, 03:00 UTC."
---
The official announcement this text refers to can be found [here](https://www.binance.com/en/support/announcement/binance-encourages-users-to-convert-bidr-to-other-currencies-before-august-20-2024-92e725bfce644fbdb17f411db26c324b).
Please try using this link to see if you can access the content.
Responding to your main question, the text states that from 2024-08-20 08:00 (UTC), any remaining BIDR balances in users’ Binance accounts will be automatically converted to FDUSD based on the real-time exchange rate on xe.com.
For you to check if the information in this announcement is still updated regarding how it applies to your account, please reach out to our chat support. To start a live chat with our customer support:
1. Go to [https://www.binance.com/en/chat](https://www.binance.com/en/chat)
2. Log into your account or choose “Continue as Visitor” if you cannot log in.
3. Scroll down and click on "Get Support"
4. Select the closest category to your issue
5. After the automatic reply from the chatbot, kindly click on: Unsolved >> Not relevant > Yes, Transfer to customer service. \^LP

Hi can someone post the text in this article about BIDR delisting. Not able to read Binance articles as they are restricted in my country.
From what CS has told me, my BIDR will convert into FDUSD on 2024-08-20. If this is not what will happen, what options do I have?
https://www.binance.com/en/square/post/2024-05-06-binance-announces-discontinuation-of-bidr-services-urges-users-to-convert-currency-before-august-2024-7727495458034