Binance USD (BUSD) Trading Down 0% Over Last Week

   2022-05-29 11:05


Binance USD (BUSD) traded down 0% against the US dollar during the twenty-four hour period ending at 7:00 AM ET on May 29th. Binance USD has a total market cap of $17.97 billion and $2.91 billion worth of Binance USD was traded on exchanges in the last 24 hours. Over the last seven days, Binance USD has traded 0% lower against the US dollar. One Binance USD coin can now be purchased for approximately $1.00 or 0.00003429 BTC on popular cryptocurrency exchanges.



Here is how similar cryptocurrencies have performed over the last 24 hours:


  • BITCOIN ADDITIONAL (BTCA) traded 1.4% higher against the dollar and now trades at $29,168.55 or 1.00010282 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat 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 0.00003433 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded 1.3% higher against the dollar and now trades at $0.59 or 0.00002016 BTC.
  • yOUcash (YOUC) traded up 0% against the dollar and now trades at $0.50 or 0.00001715 BTC.
  • FTX Token (FTT) traded up 1.5% against the dollar and now trades at $27.04 or 0.00092711 BTC.

Binance USD Coin Profile

Binance USD (BUSD) is a coin. It was first traded on September 10th, 2019. Binance USD’s total supply is 17,970,184,498 coins. The official website for Binance USD is www.paxos.com/busd. Binance USD’s official Twitter account is @PaxosGlobal and its Facebook page is accessible here. The official message board for Binance USD is medium.com/Paxos.

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. “

Binance USD Coin Trading

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



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