Buy Binance USD (BUSD)

$1.42AUD

+0.00%

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1D1W1M

1YALL

Market Cap

26.0B

24hr Trade Volume

8.6B

Circulating Supply

18.4B

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Buy Binance USD

Balances = $0.00 AUD · 0.00000000 BUSD

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≈ 0 BUSD

Trade Fee: (0.85%)

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What is Binance USD (BUSD)?

Binance USD is a stable coin issued by Binance, the world’s largest cryptocurrency exchange by trading volume. It is backed 1:1 by USD and is approved and regulated by the New York State Department of Financial Services (NYSDFS). Like all stable coins, BUSD attempts to peg its value to the external reference of the dollar. This makes it a less volatile cryptocurrency.

Due to its price stability, it has many use cases. For example, it is often used to exchange and transfer tokens between different exchanges. It can also be applied as a collateral asset for loans, deposited to earn interest, or simply used to pay for goods and services.

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