Binance USD (BUSD)
|Market Cap||Volume||Available Supply|
|$4.89 B||$2.12 B||4.90 B BUSD|
|ATH||ATH(% Change)||ATH Date|
Binance USD BUSD price today is $0.999 with a marketcap of $4.89 B. Its price is 0.18% up in last 24 hours.
What is Binance USD?
Binance USD (BUSD) is a stablecoin developed by Binance and Paxos. It is pegged to the US dollar at a 1:1 ratio. This coin can be used to trade on the Binance exchange and other partner exchanges, or it can be stored in wallets that support this coin. It offers traders a secure and reliable way to move value without having to worry about exchange rate volatility or the need to convert between different currencies. This coin is also accepted as a payment method in some stores, allowing users to make purchases with it. With its low transaction fees and fast settlement times, This coin is becoming increasingly popular among cryptocurrency traders around the world. It is currently one of the most popular stablecoins, and its use is growing rapidly as more people realise the benefits it offers. Thanks to its low cost, users can easily purchase and hold BUSD in order to hedge their cryptocurrency portfolios against potential losses due to exchange rate fluctuations. In addition, Binance has also announced plans to introduce its BUSD-based debit card, allowing users to pay with the stablecoin anywhere that accepts VISA or Mastercard. Whether you’re an experienced trader or just getting started, It is a great choice for anyone looking for a secure and reliable way to transfer value.
How does it work?
Binance USD is a stablecoin that’s pegged to the US dollar. It’s one of the most popular stablecoins on the market and is used by many traders because it offers stability during times of high volatility. To create this coin, Binance uses reserves of US dollars to back each coin. This means that each BUSD coin is guaranteed to be worth $1.00. When you buy or sell this coin, your order will be filled at market price, and your funds will be transferred immediately. You can also use this coin to pay for goods or services online. It’s a great way to make payments without worrying about other currencies' volatility. To buy or sell this coin, you can use a number of different exchanges and wallets, including Binance itself. As with any cryptocurrency purchase, it’s important to do your research before buying or selling any coins.
How to get Binance USD?
BUSD is a stablecoin issued by the popular cryptocurrency exchange BUSD. This USD-backed digital asset can be used to quickly and securely transfer value across global borders, making it an attractive option for crypto traders and investors. In order to receive BUSD, you must first open an account on the Binance exchange. Once you have opened an account, you can transfer USD directly from your bank account into your Binance wallet. From there, you can buy this coin with your USD and have it sent to the address of your choice. You can also purchase this through a peer-to-peer exchange or exchange other cryptocurrencies for BUSD. You can convert your BUSD back into USD at any time and send it back to your bank account. With this coin, you can now make fast and cost-effective global transfers with the stability of the US dollar!
BUSD price lives data.
BUSD Price Live Data is an essential resource for traders who are looking to make informed decisions about their investments. By accessing BUSD’s live data, traders can gain insight into the performance of currencies against each other and understand the implications of market movements on their trades. With BUSD Price Live Data, traders can track the value of their portfolio in real-time, allowing them to adjust buying and selling decisions as the market fluctuates. Additionally, traders can use this data to detect any changes in the currency markets and make smart investment decisions accordingly.
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