What is the current value of BUSD on Binance?
Abhijit SutarNov 28, 2021 · 3 years ago5 answers
Can you tell me the current value of BUSD (Binance USD) on Binance? I'm interested in knowing the latest price of BUSD on the Binance exchange.
5 answers
- Nov 28, 2021 · 3 years agoSure! The current value of BUSD on Binance is $1.00. BUSD is a stablecoin pegged to the US dollar, so its value remains relatively stable compared to other cryptocurrencies. You can check the live price of BUSD on Binance's website or on popular cryptocurrency tracking platforms.
- Nov 28, 2021 · 3 years agoThe current value of BUSD on Binance is $1.00. It's important to note that the value of BUSD is designed to be stable and closely tied to the US dollar. This stability makes it a popular choice for traders and investors who want to minimize exposure to the volatility of other cryptocurrencies.
- Nov 28, 2021 · 3 years agoAs of now, BUSD is valued at $1.00 on Binance. BUSD is issued by Binance and is backed by reserves of US dollars held in a bank account. It's a regulated stablecoin that aims to provide stability and transparency to users. If you're interested in trading BUSD, you can do so on Binance or other supported exchanges.
- Nov 28, 2021 · 3 years agoThe current value of BUSD on Binance is $1.00. BUSD is a stablecoin that is fully collateralized by US dollars held in a bank account. This ensures that each BUSD token is backed by an equivalent amount of US dollars. The value of BUSD remains relatively stable, making it a reliable option for users who want to hold a cryptocurrency with a predictable value.
- Nov 28, 2021 · 3 years agoBUSD, the Binance USD, is currently valued at $1.00 on Binance. It's a stablecoin that aims to provide the benefits of cryptocurrencies while maintaining a stable value. BUSD can be used for various purposes, such as trading, remittances, and payments. Its value is pegged to the US dollar, ensuring that 1 BUSD is always equal to $1.00.
Related Tags
Hot Questions
- 59
What are the advantages of using cryptocurrency for online transactions?
- 59
How can I protect my digital assets from hackers?
- 52
What are the best digital currencies to invest in right now?
- 48
How does cryptocurrency affect my tax return?
- 48
Are there any special tax rules for crypto investors?
- 28
How can I minimize my tax liability when dealing with cryptocurrencies?
- 27
How can I buy Bitcoin with a credit card?
- 19
What are the tax implications of using cryptocurrency?