The closer the bar is to 100%, the closer BUSD is to reaching its ATH again. Before buying BUSD, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of BUSD has been performing recently. Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates.
- Today, with more than 3 million active holders and 18 billion coins in circulation, BUSD is accepted as payment by a variety of businesses and individuals globally.
- EPA Administrator Michael Regan told reporters that low income, rural and tribal communities make up approximately 86% of the projects selected to receive funding.
- Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.
- AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.
In MEXC Learn, you will find step-by-step guides on how to successfully execute futures trades. For smoother transactions, you can consider buying a stablecoin like USDT first, and then use that coin to buy Binance USD (BUSD) on the spot market. If such restrictions apply to you, you are prohibited from accessing the website and/or consume any services provided on this platform. Capitalize on the market movements of other cryptocurrencies with our trading solution featuring low fees and multiplier levels around x20. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. BUSD (BUSD) is the 73rd largest cryptocurrency by market cap, valued at US$928,498,619.
Why Do You Need BUSD?
Copy the address in its entirety and go to your wallet of choice. Send the amount you wish to deposit to the address you copied. It is quite common for the transaction to take up to half an hour to complete, so don’t expect the funds to be available on your Binance account instantly. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider’s site.
It is hard to ignore the need for stable assets when it becomes too volatile in the crypto market. BUSD offers the opportunity to convert holdings into fiat currency during a volatile period. The website will provide you with a deposit address for the cryptocurrency you selected. The address will be a string of numbers and letters(both lowercase and uppercase).
What Proof Do We Have that It’s 100% Backed by Fiat?
The content of Coin Insider does not constitute any type of investment advice. Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page. According to the data on CoinStats, the Binance USD token has a total supply of more than 17 billion tokens. The Coinbase wallet is one of the most popular and widely used software wallets, accessible on Google Play and the App Store for free.
SAFE AND SECURE PLATFORM
You can purchase cryptocurrencies using methods such as credit card or other payment methods. You can also trade among various cryptocurrencies across markets, including spot trading and derivatives like perpetual futures. YouHodler has low fees whether you want to buy BUSD with credit cards, debit cards, or bank wire deposits. However, the cheapest way to buy BUSD on YouHolder is via depositing stablecoins and using our conversion feature. This way, you can avoid bank transfer fees and credit card fees while just paying a low conversion fee on YouHodler.
Binance USD Price
Starting February 21, Paxos will halt minting new BUSD stablecoins. Paxos will allow customers to redeem BUSD for USD or convert their BUSD to USDP. If your deposit has already been processed, the coin and amount will appear on the list. If you don’t own any cryptocurrency, you can get started by purchasing some how to predict and take advantage of the money exchange market 2021 BTC on Binance with a credit or debit card. BUSD was launched in September 2019 as part of a joint partnership between Binance and blockchain and finance company Paxos, headquartered in New York. The partnership entails Paxos holding the equivalent of fiat USD in reserve for every BUSD stablecoin in circulation.
You can purchase BUSD tokens on several cryptocurrency exchanges. Visit the market page on CoinStats to view the exchange platforms supporting BUSD. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions.
Security is arguably the most crucial factor to consider when choosing an exchange platform. Most major exchanges have been subject to several malicious hacks during their history. Ensure that your chosen platform has a reputation for excellent security so that your crypto stored on the exchange won’t be compromised. Did you know that you can buy BUSD directly on CoinStats with 0 additional fees? It’s super quick and secure and allows you to buy crypto with your credit card right where you track and manage it.