Binance USD Price Hits $1.00 (BUSD)

   2021-06-23 11:06


Binance USD (CURRENCY:BUSD) traded up 0% against the US dollar during the 24 hour period ending at 7:00 AM Eastern on June 23rd. Binance USD has a total market capitalization of $9.85 billion and $8.18 billion worth of Binance USD was traded on exchanges in the last day. One Binance USD coin can currently be bought for approximately $1.00 or 0.00002941 BTC on exchanges. Over the last week, Binance USD has traded 0% higher against the US dollar.



Here’s how other cryptocurrencies have performed over the last day:


  • Chainlink (LINK) traded 12.4% higher against the dollar and now trades at $18.60 or 0.00054670 BTC.
  • Polygon (MATIC) traded 11% higher against the dollar and now trades at $1.18 or 0.00003484 BTC.
  • THETA (THETA) traded 10.2% higher against the dollar and now trades at $6.93 or 0.00020374 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00002945 BTC.
  • Aave (AAVE) traded up 14% against the dollar and now trades at $220.97 or 0.00649615 BTC.
  • FTX Token (FTT) traded up 8.2% against the dollar and now trades at $26.45 or 0.00077744 BTC.
  • PancakeSwap (CAKE) traded up 15.7% against the dollar and now trades at $13.22 or 0.00038869 BTC.
  • Maker (MKR) traded up 14.2% against the dollar and now trades at $2,403.15 or 0.07064714 BTC.

About Binance USD

Binance USD is a coin. Its launch date was September 10th, 2019. Binance USD’s total supply is 9,843,944,924 coins. Binance USD’s official message board is medium.com/Paxos. Binance USD’s official website is www.paxos.com/busd. Binance USD’s official Twitter account is @PaxosGlobal and its Facebook page is accessible here.

According to CryptoCompare, “Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD. Starting September 12, 2019, BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S. dollars or PAX. Later in September it will become available on Binance.com for trading initially against BTC, BNB and XRP and more to come.  BUSD is now available for purchase and redemption on the Paxos platform. In order to get BUSD through Paxos, you need to be a verified customer. You can either deposit PAX or deposit dollars by wire from a bank account. “

Buying and Selling Binance USD

It is usually not possible to purchase alternative cryptocurrencies such as Binance USD directly using U.S. dollars. Investors seeking to acquire Binance USD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Binance USD using one of the aforementioned exchanges.



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