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Binance USD price, market cap on Coin360 heatmap

Binance USD(BUSD)

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$1.0522
(-0.03%)
0.00002039 BTC
Market Cap (Rank#415)
$88,919,914
1,723 BTC
Vol 24h
$27,615,242
535.075 BTC
Circulating Supply
84,511,447.78
Max Supply
?
87 days agocryptopotato
Important Binance Announcement Affecting Ripple (XRP), ADA, SHIB Holders
Binance will halt support for BUSD product in mid-December.
87 days agocryptodaily
Binance Announces Plans To Phase Out BUSD By December-End
Binance, the world’s largest cryptocurrency exchange, has announced plans to end support and phase out the Binance USD (BUSD) stablecoin by the end of December. The move to end support for BUSD comes after US authorities and regulators forced Paxos to stop issuing the token earlier this year.
88 days agocointelegraph
Binance will end support for BUSD stablecoin in December
Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31.
88 days agocoindesk
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange's August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February.
94 days agocryptopotato
Important Update: Binance Will Delist 10 Trading Pairs
AXS/BUSD, CHZ/BUSD, FIL/BUSD, and USTC/BUSD are some of the trading pairs to be removed from Binance on November 24.
115 days agocryptopotato
Binance Will Delist 23 Trading Pairs, Shiba Inu and Dogecoin are Affected
DOGE/BUSD and SHIB/BUSD are among the 23 margin trading pairs that will get delisted from Binance on November 9.
128 days agocryptopotato
Important Binance Update Concerning Shiba Inu (SHIB) and Dogecoin (DOGE)
DOGE/BUSD and SHIB/BUSD are two of the liquidity pools to be removed from Binance Liquid Swap on October 27.
129 days agocoindesk
FTX Used Billions in Customer Funds to Buy Back Binance Stake
Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens.
137 days agocryptopotato
Important Binance Update Regarding Ripple (XRP)
XRP/BUSD is among the liquidity pools to be removed from Binance Liquid Swap in mid-October.
139 days agocointelegraph
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik
The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.
143 days agocryptopotato
Important Update to 25 Trading Pairs on Binance
APE/BNB, APE/ETH, CAKE/BNB, CAKE/BTC, COTI/BUSD, and COTI/USDT are among the trading pairs that will have updated tick size.
145 days agocointelegraph
Binance to shut down BUSD lending by October 25
The move is part of a phased termination of BUSD support by February 2024.
149 days agocryptopotato
Circle Claims Stablecoins are Not Securities in Binance Lawsuit
Circle argues that stablecoins like BUSD and USDC are not investment contracts and fall outside SEC jurisdiction.
153 days agocointelegraph
North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals
The North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, Binance Coin and various stablecoins, including Binance USD.
178 days agocryptodaily
Binance to Phase Out BUSD Support in Collaboration with Paxos
Binance exchange has decided to wind down support for its widely recognized stablecoin, BUSD, next year, in collaboration with Paxos.
178 days agocryptopotato
Binance to Discontinue BUSD Support in Q1 2024
Binance is planning to stop support for BUSD after Paxos ceased minting over six months ago.
178 days agocointelegraph
Binance pushes new stablecoin as it confirms plan to cease BUSD support
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time.
186 days agonulltx
VC Spectra (SPCT) Still Shining Bright, As Litecoin (LTC) and XRP Take a Price Dive
Altcoins remain under pressure amid selloffs across the broader crypto market. The like of Litecoin (LTC) faces a big hurdle as the world’s largest centralized Exchange, Binance, announces the delisting of Litecoin’s (LTCBUSD) perpetual contract from its exchange. Also, XRP (XRP) continues its legal battle with the SEC, which has raised concerns in the minds […]
193 days agocryptodaily
Binance's opBNB Goes Live On Mainnet
Binance has officially announced the launch of its opBNB Mainnet, a notable addition to the burgeoning decentralized scaling solutions sector. Touted to bolster transaction speed, security, and scalability, the move is closely watched by industry insiders and users alike. Harnessing the Optimism OP Stack Bedrock, an optimistic rollup framework, opBNB underwent a comprehensive Testnet phase over a span of 1.5 months. During this time, the network recorded more than 7 million on-chain transactions, connecting to over 435,000 unique wallet addresses. This trial run demonstrated block processing capabilities with times hovering around one second. Notably, opBNB's Testnet revealed its capacity to support an array of tokens, encompassing not only Binance's proprietary BNB but also widely recognized stablecoins like BUSD, USDT, and DAI. A distinguishing feature emerged in the form of minimized transaction costs, with the Layer 2 gas price set at a minimal 0.2 gwei, leading to significantly reduced expenses for users. The impending Mainnet rollout, slotted for mid-August 2023, is bifurcated into stages: an initial access for infrastructure providers followed by a general user release. Calearly defined criteria underline the Mainnet's launch, with emphasis on High Availability to mitigate potential bottlenecks and an ambitious performance benchmark, aiming for a consistent 4,000 TPS. Governance remains central to opBNB's approach. The Mainnet's governance framework, as detailed in the BEP-1 proposal, underscores the commitment to democratic governance processes. Concurrently, to foster ecosystem growth, opBNB is initiating a range of grants and builder programs. Looking ahead, Binance's roadmap for opBNB is multifaceted. It includes enhancing fraud-proof systems, streamlining account abstraction, and ensuring seamless data exchange with the BNB Greenfield ecosystem. A pivotal feature on the horizon is the decentralized sequencer, indicative of Binance's preemptive stance on potential centralization concerns. While the opBNB Mainnet launch represents a significant juncture, the path ahead focuses on robust security, augmented community engagement, and facilitating broader digital adoption. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
193 days agocryptodaily
Binance's opBNB Goes Live On Mainnet
Binance has officially announced the launch of its opBNB Mainnet, a notable addition to the burgeoning decentralized scaling solutions sector. Touted to bolster transaction speed, security, and scalability, the move is closely watched by industry insiders and users alike. Harnessing the Optimism OP Stack Bedrock, an optimistic rollup framework, opBNB underwent a comprehensive Testnet phase over a span of 1.5 months. During this time, the network recorded more than 7 million on-chain transactions, connecting to over 435,000 unique wallet addresses. This trial run demonstrated block processing capabilities with times hovering around one second. Notably, opBNB's Testnet revealed its capacity to support an array of tokens, encompassing not only Binance's proprietary BNB but also widely recognized stablecoins like BUSD, USDT, and DAI. A distinguishing feature emerged in the form of minimized transaction costs, with the Layer 2 gas price set at a minimal 0.2 gwei, leading to significantly reduced expenses for users. The impending Mainnet rollout, slotted for mid-August 2023, is bifurcated into stages: an initial access for infrastructure providers followed by a general user release. Calearly defined criteria underline the Mainnet's launch, with emphasis on High Availability to mitigate potential bottlenecks and an ambitious performance benchmark, aiming for a consistent 4,000 TPS. Governance remains central to opBNB's approach. The Mainnet's governance framework, as detailed in the BEP-1 proposal, underscores the commitment to democratic governance processes. Concurrently, to foster ecosystem growth, opBNB is initiating a range of grants and builder programs. Looking ahead, Binance's roadmap for opBNB is multifaceted. It includes enhancing fraud-proof systems, streamlining account abstraction, and ensuring seamless data exchange with the BNB Greenfield ecosystem. A pivotal feature on the horizon is the decentralized sequencer, indicative of Binance's preemptive stance on potential centralization concerns. While the opBNB Mainnet launch represents a significant juncture, the path ahead focuses on robust security, augmented community engagement, and facilitating broader digital adoption. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
202 days agocointelegraph
Binance sold USDC for another stablecoin — Coinbase CEO
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD.
202 days agocryptodaily
Binance Releases August Report For Proof of Reserves
Binance, the world's largest cryptocurrency exchange, has published its August 2023 reserve report, showcasing a reserve ratio well over 100% for all of its major cryptocurrency holdings. The disclosure forms a part of Binance's ongoing commitment to maintain a Proof of Reserves (PoR) system, providing evidence that it holds sufficient funds to cover all customer deposits. The report is based on an audit for BTC Block Height 801130 from aggregated data updated to August 1st, 2023. Proof of Reserves (PoR) is a transparency protocol that confirms the solvency of a cryptocurrency exchange. It functions as proof that the exchange possesses enough funds to cover users' assets on a 1:1 ratio. Essentially, when a user deposits a Bitcoin, Binance's reserves increase by at least one Bitcoin, thereby ensuring all client funds are fully backed. These figures don't include Binance's corporate holdings, which are kept separate. Binance's PoR report demonstrates that the exchange's reserves are well above the customer net balance for all the reported cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, Tether, BUSD, and USDC, with reserve rates ranging from 101.62% to 117.99%. This shows that the company has more than enough reserves to meet all potential customer withdrawals. PoR aims to increase transparency, safety, and user protection in the cryptocurrency ecosystem. As such, it discourages exchanges from misusing user funds and promotes trust among users. In line with this, Binance users can verify their account's inclusion in the last PoR verification themselves, further emphasizing the exchange's commitment to transparency and user trust. How Proof of Reserves (PoR) Works with Merkle Trees To ensure that it holds all user assets 1:1, Binance has implemented a system that leverages Merkle trees. A Merkle Tree is a cryptographic tool that facilitates the condensation of large volumes of data into a single hash, called a Merkle Root. This root acts as a cryptographic "seal" that summarizes all the input data. Furthermore, Merkle Trees allow users to verify specific contents included within a particular set of sealed data. In the context of PoR, Binance uses the properties of Merkle Trees to verify that individual user accounts are incorporated within the liabilities report inspected by an auditor. Each user can verify their asset holdings using their unique generated Merkle hash/record ID. Here's a step-by-step breakdown of the process: Verify Ownership of Address: Binance first verifies that the ownership of wallets (both cold and hot wallets) used in the PoR process belong to the exchange. Snapshot of User Balances: A snapshot of asset holdings within each customer's account is taken at a specific date and time. Generation of Merkle Tree: Binance generates an underlying data block by linking the hashed user ID and balance of each user. Based on all users' data, a Merkle tree is then created. If any account ID or balance in the leaf node changes, the Merkle root will also change. Consequently, every user can verify whether their assets are included in the leaf node. zk-SNARKs in the Verification Process Along with Merkle Trees, Binance also utilizes zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) in the verification process. A zk-SNARK is a proof protocol that allows one to prove that they know a value without revealing what that value is. In the case of Binance, the exchange uses a zk-SNARK to demonstrate that all the leaf nodes' balance sets (i.e., user account balances) contribute to the exchange’s claimed total user asset balance. Each user can easily access their leaf node to see that it was included in the process. The use of zk-SNARKs follows a few steps: Verify Ownership of Address: Like in the previous process, Binance verifies the ownership of the wallets (both cold and hot wallets) used in the PoR process. Snapshot of User Balances: Again, a snapshot of asset holdings within each customer's account is taken. Generate zk-SNARKs Proof: zk-SNARKs proof files are generated for each user. This allows every user to easily access their leaf node and verifies that the total net balance of the user is greater than or equal to zero. In addition to these self-verification methods, Binance also uses third-party audits to provide audit reports, further bolstering the security and transparency of the verification process. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
202 days agocryptodaily
Binance Releases August Report For Proof of Reserves
Binance, the world's largest cryptocurrency exchange, has published its August 2023 reserve report, showcasing a reserve ratio well over 100% for all of its major cryptocurrency holdings. The disclosure forms a part of Binance's ongoing commitment to maintain a Proof of Reserves (PoR) system, providing evidence that it holds sufficient funds to cover all customer deposits. The report is based on an audit for BTC Block Height 801130 from aggregated data updated to August 1st, 2023. Proof of Reserves (PoR) is a transparency protocol that confirms the solvency of a cryptocurrency exchange. It functions as proof that the exchange possesses enough funds to cover users' assets on a 1:1 ratio. Essentially, when a user deposits a Bitcoin, Binance's reserves increase by at least one Bitcoin, thereby ensuring all client funds are fully backed. These figures don't include Binance's corporate holdings, which are kept separate. Binance's PoR report demonstrates that the exchange's reserves are well above the customer net balance for all the reported cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, Tether, BUSD, and USDC, with reserve rates ranging from 101.62% to 117.99%. This shows that the company has more than enough reserves to meet all potential customer withdrawals. PoR aims to increase transparency, safety, and user protection in the cryptocurrency ecosystem. As such, it discourages exchanges from misusing user funds and promotes trust among users. In line with this, Binance users can verify their account's inclusion in the last PoR verification themselves, further emphasizing the exchange's commitment to transparency and user trust. How Proof of Reserves (PoR) Works with Merkle Trees To ensure that it holds all user assets 1:1, Binance has implemented a system that leverages Merkle trees. A Merkle Tree is a cryptographic tool that facilitates the condensation of large volumes of data into a single hash, called a Merkle Root. This root acts as a cryptographic "seal" that summarizes all the input data. Furthermore, Merkle Trees allow users to verify specific contents included within a particular set of sealed data. In the context of PoR, Binance uses the properties of Merkle Trees to verify that individual user accounts are incorporated within the liabilities report inspected by an auditor. Each user can verify their asset holdings using their unique generated Merkle hash/record ID. Here's a step-by-step breakdown of the process: Verify Ownership of Address: Binance first verifies that the ownership of wallets (both cold and hot wallets) used in the PoR process belong to the exchange. Snapshot of User Balances: A snapshot of asset holdings within each customer's account is taken at a specific date and time. Generation of Merkle Tree: Binance generates an underlying data block by linking the hashed user ID and balance of each user. Based on all users' data, a Merkle tree is then created. If any account ID or balance in the leaf node changes, the Merkle root will also change. Consequently, every user can verify whether their assets are included in the leaf node. zk-SNARKs in the Verification Process Along with Merkle Trees, Binance also utilizes zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) in the verification process. A zk-SNARK is a proof protocol that allows one to prove that they know a value without revealing what that value is. In the case of Binance, the exchange uses a zk-SNARK to demonstrate that all the leaf nodes' balance sets (i.e., user account balances) contribute to the exchange’s claimed total user asset balance. Each user can easily access their leaf node to see that it was included in the process. The use of zk-SNARKs follows a few steps: Verify Ownership of Address: Like in the previous process, Binance verifies the ownership of the wallets (both cold and hot wallets) used in the PoR process. Snapshot of User Balances: Again, a snapshot of asset holdings within each customer's account is taken. Generate zk-SNARKs Proof: zk-SNARKs proof files are generated for each user. This allows every user to easily access their leaf node and verifies that the total net balance of the user is greater than or equal to zero. In addition to these self-verification methods, Binance also uses third-party audits to provide audit reports, further bolstering the security and transparency of the verification process. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
214 days agocryptodaily
Tron (TRX) Price Falls, Early Solana (SOL) Investor Buys into Pomerdoge (POMD) Presale
Solana (SOL) and Tron (TRX) are two cryptocurrencies that have been through ups and downs. While their price movement sometimes isn&rsquo;t quite stable, investors switched to the new Pomerdoge (POMD) token. Pomerdoge (POMD) is a revolutionary P2E game and is the next largest meme coin. One of the best forecasts is that it will surge by 4,000%! >>BUY POMD TOKENS NOW>BUY POMD TOKENS NOW>BUY POMD TOKENS NOW<< Pomerdoge (POMD) Leaves Solana (SOL) and Tron (TRX) in the Dust Pomerdoge (POMD) is a new P2E game that already got a lot of investors&rsquo; attention. This game promises a lot of fun, along with amazing gains. Pomerdoge (POMD) aims to unite the positive aspects of competitors into a unique product. Moreover, Pomerdoge (POMD) has successfully undergone audits by Interfi Network and SOLIDProof. Thanks to this, you will be able to play the game in September. The exciting Pomergame will also connect players worldwide, helping them upgrade their Pomerdoge(POMD) characters and create customized items for their POMD avatars. Besides this, Pomerdoge (POMD) will enable you to buy, sell, and trade items, skins, and many other objects that the Pomerplace market holds. More so, POMD&rsquo;s Pomerplace will also come with a battle arena where Pomerdoge (POMD) holders can get better rewards by testing the strengths of their avatars. What&rsquo;s more, a lot of crypto analysts call Pomerdoge (POMD) &lsquo;the biggest meme-coin of 2023.&rsquo; This is because the Pomerdoge (POMD) token is currently worth $0.0000264. As most experienced investors know, investing early in solid projects is where significant gains are often made. In other words, if you invest now, you have the chance to experience the 4,000% surge of Pomerdoge (POMD) by the end of the year. But that&rsquo;s not all! The Pomerdoge (POMD) token offers access to the collection of 7,777 NFTs that should be launched during June and July. In addition, you can even get a revenue percentage. Moreover, you can engage in $100,000 weekly giveaways that will take place in Pomerdoge&rsquo;s Telegram group. The best part is that you only need to connect your crypto wallet and use ETH, USDT, USDC, BNB, or BUSD to become part of the Pomerdoge (POMD) family. We believe this could be an opportunity to get into an exciting cryptocurrency at a perfect price point! For more information about the Pomerdoge (POMD) presale: Click Here For Website Click Here To Buy POMD Presale Tokens Join Our Community on Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

About Binance USD?

The live price of Binance USD (BUSD) today is 1.0522 USD, and with the current circulating supply of Binance USD at 84,511,447.78 BUSD, its market capitalization stands at 88,919,914 USD. In the last 24 hours BUSD price has moved 0.0001 USD or 0.00% while 27,406,104 USD worth of BUSD has been traded on various exchanges. The current valuation of BUSD puts it at #415 in cryptocurrency rankings based on market capitalization.

Learn more about the Binance USD blockchain network and how it works or follow the price of its native cryptocurrency BUSD and the broader market with our unique COIN360 cryptocurrency heatmap.

What is Binance USD (BUSD) ?

Binance USD (BUSD) is a stablecoin that combines the stability of the US dollar with the versatility and innovation of blockchain technology. Launched in September 2019, BUSD is a 1:1 USD-backed token approved and regulated by the New York State Department of Financial Services (NYDFS). Designed as a digital fiat currency, BUSD is issued on the Ethereum blockchain as an ERC-20 token and also supports the BEP-2 standard.

History and Founding Team

Binance USD was created through a partnership between Binance, one of the world's largest cryptocurrency exchanges, and Paxos, a leading provider of blockchain infrastructure solutions. The founding team includes Changpeng Zhao (CZ), the CEO of Binance, and Charles Cascarilla, the CEO of Paxos. Since its launch, BUSD has seen tremendous growth and adoption, expanding its utility and value within the digital asset ecosystem.

In March 2023, the price of BUSD briefly deviated from its 1:1 peg due to rumors surrounding its founder, CZ, who was reportedly the subject of a potential red notice from Interpol. While the situation was quickly resolved, it highlights the importance of staying informed about the latest developments affecting the token and its ecosystem.

Blockchain and Smart Contracts

The technology behind BUSD revolves around blockchain, the digital ledger that securely records transactions, and smart contracts, self-executing agreements with the terms directly written into code. Smart contracts enable the token's core functionalities, such as minting, redemption, and transfers. The use of blockchain and smart contracts provides numerous advantages over traditional tokens, including increased security, transparency, and efficiency.

To ensure network security, BUSD employs a consensus mechanism, which relies on validators to agree on transaction validity and maintain the blockchain. This consensus mechanism varies depending on whether the BUSD token is on the Ethereum or Binance Smart Chain (BSC) network. On the Ethereum network, BUSD uses the Proof-of-Stake (PoS) consensus, while on the BSC network, it employs the Proof-of-Staked-Authority (PoSA) consensus.

BUSD Use Cases and Ecosystem Growth

BUSD offers a wide range of use cases that capitalize on its price stability. Some of the most notable use cases include:

  1. Transferring digital dollars (BUSD) globally in minutes at a low cost and on the blockchain.

  2. Trading BUSD on various exchanges and decentralized exchanges (DEXs).

  3. Depositing BUSD to earn interest.

  4. Paying for goods and services using BUSD.

  5. Using BUSD as collateral and loan assets in Decentralized Finance (DeFi) platforms.

  6. Utilizing BUSD as cross-collateral in futures trading.

The BUSD ecosystem has grown exponentially in recent years, driven by increased user adoption and support from wallets, platforms, services, DEXs, and centralized exchanges (CEXs). Top wallets like MetaMask, Trust Wallet, Trezor, and Zapper now allow users to hold BUSD. Platforms and services like travel booking site Travala, payment gateways Moonpay and Banxa, payment APIs Wyre, and multi-currency payment services ivendPay and Paylot also support BUSD. BUSD is available on leading DEXs, including PancakeSwapUniswap1inchCurve FinanceEllipsisMDEXSushiSwap, and 0x.

For users interested in yield farming and lending BUSD, it is available on centralized platforms like Binance. Top DeFi protocols like Venus, Aave, Yearn.Finance, and more also allow users to earn yield on their BUSD. This extensive ecosystem growth has propelled BUSD to become the third-largest stablecoin by market capitalization, following Tether (USDT) and USD Coin (USDC).

Transparency and Asset Backing

In an effort to maintain transparency and trust, Paxos regularly discloses the assets backing BUSD. As of June 30, 2022, 96% of the assets backing Binance USD were held in cash and cash equivalents, with the remaining 4% invested in U.S. Treasury bills. Paxos holds all cash balances in U.S.-insured depository institutions, while cash equivalents are held in "U.S. Treasury bills with maturities of 3 months or less, or overnight repurchase agreements, overcollateralized by U.S. Treasury instruments."

BUSD and Charity

Binance has demonstrated the potential of cryptocurrency in supporting humanitarian aid through its charitable endeavors. In April 2022, Binance donated $2.5 million in BUSD through its charity organization to USA for UNHCR, a UN refugee agency. This was the agency's first stablecoin crypto donation, highlighting the growing role of digital assets in fundraising and philanthropy.

How to Buy the Token

  1. Choose a reputable cryptocurrency exchange, such as Binance, Bybit, Bitrue, Bitget, or BingX.

  2. Create an account with your chosen exchange and complete the necessary identity verification steps.

  3. Fund your account with a supported cryptocurrency or fiat currency.

  4. Search for the BUSD trading pair (e.g., BUSD/USDT) and execute a buy order at the desired price.

  5. Store your newly purchased BUSD in a secure wallet, such as MetaMask, Trust Wallet, or Trezor.

In addition to purchasing BUSD on exchanges, you can also acquire the token directly from Paxos. Paxos offers a seamless process for users to buy and redeem BUSD at a 1:1 ratio with USD, ensuring liquidity and ease of access.


Binance USD (BUSD) Contract address:

As per Etherscan, the Ethereum contract address for BUSD is:

0x4Fabb145d64652a948d72533023f6E7A623C7C53


As per BscScan, the Binance Smart Chain contract address for BUSD is:

0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56

Securing Your BUSD Holdings

As with any digital asset, securing your BUSD holdings is crucial. When storing your tokens, opt for reputable wallets that prioritize security and user-friendliness. For maximum security, consider using hardware wallets like Trezor or Ledger. Always practice proper digital asset management, such as regularly updating your wallet software, using strong passwords, and enabling two-factor authentication (2FA).

Frequently asked questions about BUSD

  • Can I mine or stake BUSD?

No. You can neither mine, nor stake BUSD. Instead, you can purchase it with USD on the Paxos website or from cryptocurrency exchange platforms.

  • What are some of the best wallets for BUSD?

Your choice of BUSD wallet will be determined by whether you have ERC-20 or BEP-2 BUSD coins. Some of the top BUSD wallets are MetaMask, Guarda Wallet, Ledger, Trust Wallet and Coinomi.

  • What can you do with BUSD coins?

You can use BUSD coins for buying goods and services, value storage, taking crypto loans, trading against other crypto assets, cross-border payments and more.

  • How can you buy BUSD stablecoin?

The ideal way to buy BUSD is from established crypto exchanges. You can buy it with fiat currency via Paxos, or exchange popular cryptocurrencies like LTC, ETH, BTC, XRP etc. for BUSD on Binance.

Binance USD Price1.0522 USD
Market Rank#415
Market Cap88,919,914 USD
24h Volume27,615,242 USD
Circulating Supply84,511,447.78 BUSD
Max SupplyNo data
Yesterday's Market Cap89,041,159.59 USD
Yesterday's Open / Close1.0535 USD / 1.0536 USD
Yesterday's High / Low1.0555 USD / 1.004 USD
Yesterday's Change
0.00% ( 0.0001 USD )
Yesterday's Volume27,406,104.39 USD
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